GCC Ecotourism Market, By Category (Nature, Wildlife, Generic), By Contribution (Ecotourism receipts, Hotel stay, Shopping and Leisure, Food and dining, Airline expenditure, Others), and By Region (Bahrain, Kuwait, Qatar, Saudi Arabia, Oman, UAE) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Published In : Oct 2021

Code : CMI4009

Pages :80

Formats :

Excel and PDF

Industry : Consumer Goods

Gcc Ecotourism MarketSize and Trends

The Ecotourism in GCC market is estimated to be valued at US$ 519.01 million in 2021 and is expected to exhibit a CAGR of 3.3% % over the forecast period (2021-2028).

Saudi Arabia held dominant position in the Ecotourism in GCC market in 2020, accounting for 40% share in terms of volume, followed by UAE and Kuwait, respectively. Growing preferences among travel lovers for ecotourism in the country is the major driving force.

Figure 1. Global Ecotourism in GCC Market Value (US$ Mn), by Country, 2020

Market Trends

Changing lifestyle and increasing disposable income of the consumer is increasing their spending on travel activities. This is expected to be a major trend in the market. A growing number of inbound tourist coupled with the growing focus of the government on promoting environmental conservation and nature protection is also expected to bolster the market growth of ecotourism in GCC over the forecast period.

The growing popularity of cruising in the region is expected to be a major trend in ecotourism in GCC. Moreover, the growing focus of the travelers to indulge in adventurous outdoor activities are again expected to foster the market growth of the ecotourism in GCC. In addition to this growing number of golf courses and beach resorts to attract urban tourist attractions is further anticipated to augment the market growth of ecotourism in GCC.

Figure 2. Global Ecotourism in GCC Market Share, By Category, 2020

Key Takeaways of the Graph:

The Nature in category type held dominant position in the market and accounted for 48% share in the Ecotourism in GCC market in 2020. The segment is expected to reach US$ 362.76 million in 2028.
Increasing focus of GCC government to offer different adventure and wild-life related packages and activities and also enhance the shopping experiences of the consumers is expected to augment the market growth.