Take Advantage Of Global Sustainable Tourism Market 2019-2023

The global sustainable tourism market is expected to witness a CAGR of over 10% during the forecast period. Certain factors that are driving the market include large tourism companies implementing sustainable tourism practices, shifting preference toward local and authentic experiences, and increasing number of travelers opting for new types of tourism. 

Sustainable Tourism Market
Some tourists are focusing more on exploring local communities, which are considered to be one of the most important aspects of sustainable tourism. They prefer buying local products, undertaking public transport instead of taxis. They also prefer having dinner in a restaurant that uses zero-kilometer ingredients, including local, low impact primary ingredients such as meat, cheese, and honey. The preference of several tourists shifting toward local and authentic experiences from traditional traveling is expected to be driving the growth of the sustainable tourism market during the forecast period. 

The travelers are becoming aware of the negative impacts of tourism on the environment and are encouraged to opt for sustainable tourism. Most of the travelers are choosing green or eco-friendly accommodation to reduce the negative environmental impact and interact with local communities. Domestic and international organizations such as UNESCO, GSTC, and UNWTO, are actively developing standards and providing guidance to tourism companies and destinations. Hence, the increase in eco-conscious travelers is expected to be an important factor in the sustainable tourism market.

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