Global Luxury Safari Tourism Market Size, Status and Forecast 2020-2026

Global Luxury Safari Tourism Market Size, Status and Forecast 2020-2026

Press Release

In this report, the Global Luxury Safari Tourism market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Luxury Safari Tourism market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

Browse full research report at https://www.crystalmarketreport.com/global-luxury-safari-tourism-market-size-status-and-forecast-2020-2026

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For this report, we undertook primary and secondary research in association with Tourism Economics, Amadeus Travel Intelligence, Connections Events, The Telegraph and various industry experts. Approaches include: analysing tourism Economics estimations of the number of outbound luxury trips from each region between 2014 and the present (using an arrival definition), and projected growth patterns until 2025. To compare the growth in overall travel with the growth in luxury travel, luxury traveller were defined as those with an annual household income of more than $350,000, and bookings arrivals order costs more than $3000 per person made by these traveller were deemed as luxury trips. Luxury travel today is defined less by thread count and Michelin stars and more by access to the people, places and experiences that represent all that is authentic about a destination. There’s no denying that comfort factors still apply and high standards of accommodation and dining will always feature on the luxury traveller’s wish list. However, today’s luxury traveller seeks more depth of understanding and immersion into local culture than ever before. People don’t just want to see – they want to participate. The sales process is also critical and whilst the online proposition can be an asset in terms of booking more simple arrangements, clients looking for luxury experiential travel require a deep level of sophisticated knowledge and confidence during the sales process.

The Adventure Travel segment accounted for about 71.12% of the overall Luxury Safari Tourism market revenue, by tour type in 2018, as this is identified as the most popular vacation option among young and middle age group travelers. In addition, Personalized Vacations aimed at Safari, would witness the fastest growth, registering a CAGR of 8.6% during the forecast period. An increasing number of Luxury Safari Tourismers are indulging in these tours as they enable these travelers to experience the finest local delicacies and also buy some of the most exquisite handicrafts. These trips are getting popular among travelers of all age groups, especially the millennials (21 – 30 years).

Market Analysis and Insights: Global Luxury Safari Tourism Market

In 2019, the global Luxury Safari Tourism market size was US$ 1352.9 million and it is expected to reach US$ 2332.4 million by the end of 2026, with a CAGR of 8.0% during 2021-2026.

Global Luxury Safari Tourism Scope and Market Size

Luxury Safari Tourism market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Luxury Safari Tourism market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.

Segment by Type, the Luxury Safari Tourism market is segmented into Adventure Travel, Personalized Vacations, Others, etc.

Segment by Application, the Luxury Safari Tourism market is segmented into Millennial, Generation X, Baby Boomers, Others, etc.

Regional and Country-level Analysis

The Luxury Safari Tourism market is analysed and market size information is provided by regions (countries).

The key regions covered in the Luxury Safari Tourism market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.

The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape and Luxury Safari Tourism Market Share Analysis

Luxury Safari Tourism market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Luxury Safari Tourism business, the date to enter into the Luxury Safari Tourism market, Luxury Safari Tourism product introduction, recent developments, etc.

The major vendors include Wilderness, TUI Group, &Beyond, Thomas Cook Group, Abercrombie & Kent Ltd, Micato Safaris, Singita, Cox & Kings Ltd, Great Plains, Gamewatchers Safaris, Scott Dunn, Backroads, Rothschild Safaris, Butterfield & Robinson, Travcoa, Zicasso, etc.

This report focuses on the global Luxury Safari Tourism status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Luxury Safari Tourism development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

Wilderness

TUI Group

&Beyond

Thomas Cook Group

Abercrombie & Kent Ltd

Micato Safaris

Singita

Cox & Kings Ltd

Great Plains

Gamewatchers Safaris

Scott Dunn

Backroads

Rothschild Safaris

Butterfield & Robinson

Travcoa

Zicasso

Market segment by Type, the product can be split into

Adventure Travel

Personalized Vacations

Others

Market segment by Application, split into

Millennial

Generation X

Baby Boomers

Others

Market segment by Regions/Countries, this report covers

North America

Europe

China

Japan

Southeast Asia

India

Central & South America

The study objectives of this report are:

To analyze global Luxury Safari Tourism status, future forecast, growth opportunity, key market and key players.

To present the Luxury Safari Tourism development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

To strategically profile the key players and comprehensively analyze their development plan and strategies.

To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Luxury Safari Tourism are as follows:

History Year: 2015-2019

Base Year: 2019

Estimated Year: 2020

Forecast Year 2020 to 2026

For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Browse full research report at https://www.crystalmarketreport.com/global-luxury-safari-tourism-market-size-status-and-forecast-2020-2026

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