The global wildlife tourism market is expected to reach USD 245,298.4 million by 2034, growing at a CAGR of 5.20%. In 2024, the market size is projected at USD 147,753.3 million. Tourists are increasingly willing to pay higher entry fees, knowing that their contributions support the maintenance of wildlife sanctuaries and animal conservation. Interest in diverse species of flora and fauna is also rising, leading to a greater demand for hotels, eco-tourism accommodations, guesthouses, and jungle lodges, providing a peaceful retreat away from urban life.
Additional revenue sources for wildlife sanctuaries include filming, educational trips organized by schools and colleges, and the work of wildlife photographers. These activities are expected to sustain the growth of the wildlife tourism market over the forecast period.
These days, wildlife photography is being increasingly taken up. The millennials are exploring various career options. Even taking up wild photography as a hobby is all set to keep the cash registers ringing for wildlife tourism market going forward.
Tourists could enjoy wildlife from water, including kayaking, canoeing, or actually being on a cruise. Certain African countries provide local transportation like mokoro, which do appeal to majority of travelers. Future Market Insights has, through its analysts and consultants, paved the way for constructive research through its latest market study entitled ‘Wildlife Tourism Market’.
Key Takeaways from Wildlife Tourism Market
- There are numerous wildlife sanctuaries known for their wildlife. Some of them include Lone Pine Koala Sanctuary (Brisbane, Australia), Noah Arc (Georgia, US), Chengdu Moonbear Rescue Centre (China), and Corbett National Park (Uttarakhand, India).
- India is home to various wildlife sanctuaries, especially for tigers. Kanha National Park and Ranthambore wildlife sanctuary (both based out of India) are two of them, wherein tourists could enjoy the view of tigers. Tiger tourism market in India is flourishing on this count. At the same time, the negative impacts pertaining to tiger tourism can’t be ignored. For instance – tourists tend to disturb tigers by taking their photographs. Everytime they do not go for candid photographs.
- Africa leads the wildlife tourism market with various opportunities being provided to tourists; like aerial view of wildlife in Tanzania and Kenya. In other words, hot air balloon safaris are being made available.
Competitive Landscape
- With travelers preferring guided cycling or walking with the objective of being physically active at the time of viewing wildlife, the key participants are into providing these accessories to them.
- The key participants in wildlife tourism market include Chinkara Journeys, Adventure Canada, Echidna Walkabout Wildlife and Nature Tours, Birding Ecotours, Frontiers North Adventure, Elm Wildlife Tours, Oryx Worldwide Photographic Expeditions, Nature Trek, and Rockjumper Wildlife Tours.
- Birding Ecotours provide tours by destination, date, and likewise.
- Rockjumper Birding is known for its Uganda-bound Gorilla Trekking Adventure.
Key Players in the Wildlife Tourism Market
- Adventure Canada
- Chinkara Journeys
- Birding Ecotours
- Echidna Walkabout Wildlife and Nature Tours
- Elm Wildlife Tours
- Frontiers North Adventure
- Nature Trek
- Oryx Worldwide Photographic Expeditions
- Rockjumper Wildlife Tours
- WildTrails Technologies Pvt Ltd
Key Segments Profiled in the Wildlife Tourism Market
By Wildlife Tour Types:
- Forest Wildlife Tours
- Marine Wildlife Tours
By Age Group:
- 15.25 Years
- 26-35 Years
- 36-45 Years
- 46-55 Years
- 66- 75 Years
By Tourist Type:
- Domestic
- International
By Tour Type:
- Independent Traveler
- Tour Group
- Package Traveler
By Consumer Orientation:
- Men
- Women
- Children
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
Report Preview: https://www.futuremarketinsights.com/reports/wildlife-tourism-sector-outlook-and-analysis
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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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