As per Future Market Insights, the global cultural tourism market is set to reach US$ 5,931.2 million in 2023. Over the next ten years, sales in the market will rise at 14.4% CAGR. This will take the global cultural tourism market size to US$ 22,772.0 million by 2033.
The growing interest in exploring different cultures is driving the global market forward. Besides this, increasing affordability due to rising disposable income will boost the market through 2033.
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Visitors are now offered audio tours to various cultural heritage places, podcasts for cultural sites, and many other experiences. This is bringing diversity to cultural tourism sector.
Key Takeaways from Cultural Tourism Market:
- Cultural tourism market is forecast to reach US$ 5,931.2 million in 2023.
- Global demand for cultural tourism is likely to rise at 14.4 % between 2023 and 2033.
- By age group, 16 to 25 category will generate the most revenue in the market.
- By tourism type, edutainment segment is likely to hold a prominent share by 2033.
Key Companies Profiled
· Intrepid
· Explore
· Exodus Travel
· G Adventures
· On The Go Tours
· Others
Global Cultural Tourism Market by Category
By Direct Suppliers:
· Airlines
· Hotel Companies
· Car Rental
· Train
· Tour Operators
· Government Bodies
By Indirect Suppliers:
· OTA (Online Travel Agency)
· Traditional Travel Agencies
· TMC's (Travel Management Companies)
· Corporate Buyers
· Aggregators
By Demographic:
· Male
· Female
By Nationality:
· Domestic
· International
By Booking Channel:
· Phone Booking
· Online Booking
· In Person Booking
By Tour Type:
· Individual Travel
· Professional Groups
· Group Travels
By Tourism Type:
· Edutainment Tourism
· Cultural heritage Tourism
· Educational Tourism
· Marine Life Exploration Tourism
· Eco-conscious Cultural tourism
· Others
By Visitors Type:
· Purposeful
· Incidental
· Serendipitous
· Casual
· Sightseeing
By Country:
· United States
· Canada
· Brazil
· Mexico
· Germany
· Other