Global (AMER, EMEA, BRICS and APAC) Luxury Safari Tourism Market Size, Status and Forecast 2019-2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Luxury Safari Tourism Market

 

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 $3000 per person made by these traveller were deemed as luxury trips. Luxury travel today is defined less by thread count and Michelin stars and more by access to the people, places and experiences that represent all that is authentic about a destination. There's no denying that comfort factors still apply and high standards of accommodation and dining will always feature on the luxury traveller's wish list. However, today's luxury traveller seeks more depth of understanding and immersion into local culture than ever before. People don't just want to see - they want to participate. The sales process is also critical and whilst the online proposition can be an asset in terms of booking more simple arrangements, clients looking for luxury experiential travel require a deep level of sophisticated knowledge and confidence during the sales process. The Adventure Travel segment accounted for about 71.12% of the overall Luxury Safari Tourism market revenue, by tour type in 2018, as this is identified as the most popular vacation option among young and middle age group travelers. In addition, Personalized Vacations aimed at Safari, would witness the fastest growth, registering a CAGR of 8.6% during the forecast period. An increasing number of Luxury Safari Tourismers are indulging in these tours as they enable these travelers to experience the finest local delicacies and also buy some of the most exquisite handicrafts. These trips are getting popular among travelers of all age groups, especially the millennials (21 - 30 years). In 2018, the global Luxury Safari Tourism market size was 1243.4 million US$ and it is expected to reach 2131 million US$ by the end of 2025, with a CAGR of 8. 0% during 2019-2025. 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 United States, Europe and China. 

Market Segmentation, Outlook & Regional Insights: Luxury Safari Tourism Market

Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:

Adventure Travel
Personalized Vacations
Others

Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:


Millennial
Generation X
Baby Boomers
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

Key Players, Recent Developments & Sector Viewpoints: Luxury Safari Tourism Market

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

Key Insights Covered: Exhaustive Luxury Safari Tourism Market
1.  Market size (sales, revenue and growth rate) of Luxury Safari Tourism industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Luxury Safari Tourism industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Luxury Safari Tourism industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Luxury Safari Tourism industry.

Research Methodology: Luxury Safari Tourism Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.