Africa Adventure Tourism Market Anticipates a US$ 187.4 Million Expedition with 5.0% CAGR by 2033 | FMI

The Africa adventure tourism market is expected to surpass US$ 115.1 million in 2023 and is anticipated to reach US$ 187.4 million by 2033, at a CAGR of 5.0% from 2023 to 2033, according to recently released research by Future Market Insights (FMI).

According to the World Tourism Organization, Africa is the region with the second-fastest growth in terms of tourism after South East Asia. Tourists that are passionate about travel and adventure should partake in adventure tourism. It is intended for people who desire to enrich their lives with fresh experiences. Adventure tourism is resilient, draws high-value clients, helps local economies, and promotes environmentally friendly behaviour.

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Despite being a small market, it is becoming more and more popular worldwide. Africa is a comprehensive travel destination for all types of tourism, notably adventure tourism, due to the abundance of natural resources.

Africa is a vast and scenic continent, from lush rainforests to towering desert sands, snow-capped mountains, wild coastal cliffs, tranquil white sands and turquoise waters. Africa is home to the most diverse wildlife on the planet and a rich variety of cultures and traditions. There are many unparalleled adventures on this unique continent, so I’ll briefly summarize them here.

Snorkel, water Rafting, Hot air balloon flight, Gorilla trekking, Swim with whale sharks, dunes, these are the some of the adventure tourism activities in Africa.

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Key Takeaways:

  • Land based activists rea mainly preferred and more prominent in adventure tourism Africa.
  • Africa is a vast continent with the most diverse countries in the world filled with lush local forests and stunning beaches.
  • Lack of infrastructure development around many adventure destinations in Africa will restrain the African adventure tourism market.
  • Growing interest in adventure sports, rise in disposable incomes, and affordable travel packages are anticipated to support market expansion.
  • In terms of traveller type, the family segment is estimated to account for the relatively highest value share in the African adventure tourism market
  • Middle-aged people that are 20-30 age group segment will continue to hold the highest share in traveling in the forecast.

Who is winning?

Leading companies in Africa adventure tourism are focused on promotional strategies, advertising popular tourist destinations in Africa, and new offers with a variety of package that attracts consumers that have driven sales growth of adventure tourism in Africa.

Major players present in the Philippines sustainable tourism market

  • Africa Adventure Company
  • Africa Safari & Adventure Tours
  • Africa Travel Co
  • Go Explore Safaris & Tours
  • Nomad Africa Adventure Tours
  • Africa Adventure Vacations
  • Pamoja Tours & Travels

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the South Korea Tourism spend analytics forecast, noting historical demand data (2017-2021) and forecast statistics for the period from 2022-to 2032. The study divulges compelling insights on the Philippine sustainable tourism market based by Type – (Hard Adventure, Soft Adventure) By Activity Type – (Land-based Activity, Water-based Activity, Air-based Activity) By traveller type – (Solo, Friends/Group, Couple, Family) By Age Group – (Below 30 Years, 30–41 Years,42–49 Years,50 Years and Above) By Consumer Orientation – (Men, Women, Children) & Region.

Market Segmentation

By Type:

  • Hard
  • Soft

By Activity Type:

  • Land-Based
  • Water-Based
  • Air-Based

By Traveller Type:

  • Solo
  • Friends/Group
  • Couple
  • Family

By Age Group Tour Type:

  • Below 30 Years
  • 30 to 41 Years
  • 42 to 49 years
  • 50 Years and Above

By Consumer Orientation:

  • Men
  • Women
  • Child

By Region:

The Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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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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