Get more insights on Beach Tourism Market
The Thriving Beach Tourism Market Is Driven By Growing Travel And Leisure Industry
Beach tourism involves travel to beach destinations with major activities including swimming, sunbathing, relaxation, watersports and adventure activities. Popular beach destinations are located near warm tropical oceans and seas. The main attractions for beach tourism include long sandy beaches, calm seas, pleasant weather and a wide range of activities and sports. Rapid growth of tourism industry globally has fueled the demand for beach holidays and leisure travel. The growing travel and leisure industry along with rising incomes and affordability has contributed significantly to the development of beach tourism infrastructure across tropical regions.
The Global Beach Tourism Market is estimated to be valued at US$ 341.10 Bn in 2024 and is expected to exhibit a CAGR of 5.3% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Beach Tourism are TUI Group, Expedia Group, Inc., TripAdvisor, Inc., Thomas Cook, Booking.com B.V., Airbnb, Inc., Cox & Kings Ltd, apple leisure group, Kuoni travel group, On The Beach Group, Beach Travel, Safari & Beach, The Anaheim Tour Company, and Dana Point. The growing middle class population in emerging markets, increasing disposable incomes and evolving travel preferences have boosted the demand for beach holidays significantly. Major beach tourism destinations such as Caribbean Islands, Mediterranean Coastline, Southeast Asia, Australia and Indian Ocean Islands have witnessed rising number of tourists arriving each year. Leading travel groups and online travel agencies have enhanced their international presence by facilitating and promoting beach vacations globally through extensive service networks and digital platforms.
Market drivers
The major driver for the Beach Tourism Market Size is the rapid growth of travel and leisure industry. According to UNWTO, international tourist arrivals have grown consistently over the past few decades at around 4% annually. Abundance of beaches, favorable weather conditions, diverse marine life and participation in adventure activities are other key attractions boosting the popularity of beach vacations. Investments by governments and private companies in developing transportation infrastructure and travel amenities have further augmented accessibility to beach destinations worldwide. Rising online travel bookings through travel websites and mobile apps have made planning beach holidays more convenient. This has spurred the rising preference for beach vacations resulting in strong growth of beach tourism industry globally.
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