India Sustainable Tourism Market: Projected to Grow at a Rapid CAGR of 19.3% by 2032 – Sustainable Tourism Evolution Analysis

India Sustainable Tourism Market
India Sustainable Tourism Market

The India sustainable tourism market size is evaluated to be worth USD 26.01 million in 2022 and USD 151.88 million by 2032, with a high CAGR of 19.3% between 2022 and 2032.

India boasts a diverse array of natural habitats, including extensive coastlines adorned with beautiful beaches and mangroves. Consequently, sustainable tourism is becoming increasingly popular in the country.

The growing demand for sustainable tourism in India is driven by the nation’s efforts to promote resource conservation, preserve regional culture and traditions, and foster economic progress. These factors are significantly boosting India’s share in the sustainable tourism market.

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Key takeaways

  • Middle-aged people that are 26-35 age group segment will continue to hold the highest share in traveling in the forecast.
  • The domestic tourist segment will remain high in the tourist type category over the forecast period.
  • Indian government is highly involved in sustainable tourism and the government is launching a new strategy and plan to make the country sustainable.
  • In terms of tour type, the package travellers are estimated to account for the relatively highest value share in the Indian sustainable tourism market
  • The online booking segment is estimated to hold a major share in the sustainable tourism market for travellers in India. Travelers prefer online booking because is feasible and even get more offers and discounts in online booking

Extraordinary nature, the environment, cultural tradition, heritage, and a variety of other factors are expected to drive the India sustainable tourism market size over the forecast period. India is surrounded by southern tropical forests and the northern Himalayan peaks.

The tourism industry’s approach to inclusive, long-term development is particularly important for livelihoods. India is a famous tourist destination on a global scale due to its enormous diversity. As a result, ensuring the tourism sector’s long-term viability is crucial. Most countries consider sustainable tourism as a vital trend for the tourism industry’s future.

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Furthermore, India is a huge country with beautiful and peaceful landscapes, as well as cultural and historical assets, which is one of the elements fuelling India’s sustainable tourism market growth. It is essentially a country offering tourist spots for all types of visitors. The tourist industry is the most active and contributes to global economic growth and recovery by assisting many other businesses such as lodging, catering, transportation, retail, and entertainment.

Competition Landscape of India Sustainable Tourism Market

Leading companies providing India sustainable tourism are focused on maintaining sustainable tours and eco-friendly practices during the trip, advertising popular tourist destinations in India, and new offers that have driven sales growth of sustainable tourism in India.

Major leading companies :

  • Spiti Ecosphere
  • Tons Trails
  • Travelife
  • Asian adventures
  • Sky view by Empyrean
  • Green People
  • Evolve Back
  • Himalayan Ark
  • Kipepeo
  • Desia Ecotourism
  • Grassroutes Journeys
  • India Untravelled
  • Greaves India

Recent Developments in the India Sustainable Tourism Market:

  • Greeves India, an Indian travel firm, is offering a chance to stay at the most exquisite resorts in India for a fraction of the price.
  • Sky view by Empyrean announced the introduction of a new premium boutique accommodation service for travellers on October 20, 2021.

India Sustainable Tourism Market by Category

By Tourism Type :

  • Eco-Tourism
  • Green Tourism
  • Soft Tourism
  • Community Tourism

By Booking Channel :

  • Phone Booking
  • Online Booking
  • In-Person Booking

By Tourism Type :

  • Domestic
  • International

By Tourist Type:

  • Independent Traveler
  • Tour Group
  • Package Traveler

Consumer Orientation:

  • Men
  • Women

By Age Group:

  • 15-25 Years
  • 26-35 Years
  • 36-45 Years
  • 46-55 Years
  • 66-75 Years

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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