Adventure Travel Market Size, Scope, Demand Analysis 2023-2029

The global adventure travel market size was valued at USD 68,730.8 million in 2021 and is poised to grow at a significant CAGR of 13.3% during the forecast period 2023-29. Adventure travel is a form of tourism that involves exploration or travel with a perceived (and possibly real) risk and possibly requires specialized skills and physical effort. In recent decades, adventure tourism has developed as tourists pursue various types of vacations. According to the U.S. based Adventure Travel Trade Association, adventure travel may be any tourist activity, including two of the following three components: a physical activity, a cultural exchange or interaction and engagement with nature.