Australia Adventure Tourism Market Expected to Reach $33,519 Million by 2027
Travelers are opting for unique and exotic holiday destinations, to get away from the daily hectic schedule and gain valuable experiences. Exotic locations with a prevalent food culture are major factors that people consider while choosing their travel location According to a new report published by Allied Market Research, titled, “ Australia Adventure Tourism Market by Type, Activity, Type Of Travelers, Age Group, and Sales Channel: Opportunity Analysis and Industry Forecast, 2020–2027 ,” The Australia adventure tourism market size was valued at $22,370 million in 2019 and is estimated to reach the market value of $33,519 million by 2027, grow at a CAGR of 21.0% from 2021 to 2027. Based on type, soft was the most prominent segment accounting for $14,027 million in 2019. It is expected to reach the market size of $21,792 million by 2027 growing at a CAGR of 21.6% throughout the forecast period. Based on activity, the land-based activity segment was the most prom...