The beach tourism market size has grown strongly in recent years. It will grow from $225.53 billion in 2023 to $240.03 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth during the historic period can be attributed to favorable climate and weather conditions, the cultural significance and recreational opportunities of beach destinations, the rising trend of sustainable beach tourism, government initiatives supporting the tourism sector, and increasing environmental awareness.
The beach tourism market size is expected to see strong growth in the next few years. It will grow to $311.57 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period is expected to be driven by increasing investment in the tourism sector, the growing influence of social media among Gen-Z, a deeper understanding and appreciation of different cultures, a rise in vacation rental bookings, and an increase in recreational activities. Key trends anticipated during this period include technological advancements, the expansion of sustainable beach tourism, growth in beachfront and coastal sports, the impact of social media, and the prominence of cultural events and social activities.
The growth of international tourism is anticipated to drive the expansion of the beach tourism market in the coming years. International tourism involves individuals traveling and staying in destinations beyond their usual environment and across national borders for purposes such as leisure, business, or other activities. This growth is attributed to factors such as rising disposable incomes, advancements in air travel, the availability of high-speed trains, and other transportation innovations, as well as the increase in global trade and business engagements. Beach tourism offers international visitors a diverse experience that includes relaxation, adventure, cultural immersion, and recreational activities in scenic coastal areas. For example, in August 2023, the International Trade Administration, a US government agency, reported that the United States welcomed 55.8 million international visitors in 2023, reflecting a 30.2% increase compared to 2022. Consequently, the surge in international tourism is contributing to the growth of the beach tourism market.
Leading companies in the beach tourism sector are increasingly focusing on sustainability initiatives, such as eco-friendly accommodations, to gain a competitive edge. These eco-friendly accommodations emphasize environmental stewardship by utilizing renewable resources, minimizing waste, and supporting conservation efforts. For instance, in 2022, Accor, a France-based hospitality company, introduced its Planet 21 program, which promotes sustainable practices across its properties. Key aspects of this initiative include the adoption of energy-efficient systems, collaboration with local conservation organizations, and the use of locally sourced materials in construction and operations. These efforts not only enhance the guest experience by resonating with environmentally conscious travelers but also contribute to reducing the ecological impact of tourism. As demand for sustainable travel options grows, companies that adopt these practices are likely to secure a larger share of the market.
In March 2022, EOS Investors LLC, a US-based real estate investment firm, acquired Beach House Resort for an undisclosed sum. This acquisition broadens EOS's hospitality portfolio and highlights its commitment to investing in high-quality, lifestyle-oriented properties in premier locations. Beach House Resort, an oceanfront resort in the United States, is known for offering comfortable accommodations, dining options, entertainment, and recreational activities.
Major companies operating in the beach tourism market are Marriott International Inc., TUI AG, Expedia Group Inc., Booking.com B.V., Hilton Worldwide Holdings Inc., Airbnb Inc., Hyatt Hotels Corporation, Four Seasons Hotels and Resorts, Accor S.A., InterContinental Hotels Group PLC, Shangri-La International Hotel Management Limited, Melia Hotels International SA, TripAdvisor Inc., Wyndham Hotels & Resorts Inc., The Ritz-Carlton Hotel Company LLC, Apple leisure group, Mandarin Oriental International Limited, On the Beach Group plc, Thomas Cook Ltd., Fairmont Hotels and Resorts Inc., Dana Point, Safari & Beach, The Anaheim Tour Company, Cox & Kings Ltd, Kuoni travel group.
Europe was the largest region in the beach tourism market in 2023. The regions covered in the beach tourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the beach tourism market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Beach tourism involves travel and leisure activities centered around coastal regions, particularly beaches. This type of tourism is built around the natural attractions and recreational opportunities provided by beach environments, drawing visitors for a range of activities and experiences.
The beach tourism market is primarily categorized into sun and sand tourism, adventure tourism, eco-tourism, and wellness tourism. Sun and sand tourism specifically focuses on beach destinations where tourists engage in activities such as relaxation, sunbathing, swimming, and various water sports in locations known for favorable weather and scenic views. The services offered in this sector include accommodation, transportation, activities, and more, with popular activities ranging from swimming and sunbathing to surfing, snorkeling, and other water and beach sports. This type of tourism caters to different applications, including individual travelers, groups, families, and corporate events.
The beach tourism market research report is one of a series of new reports that provides beach tourism market statistics, including the beach tourism industry global market size, regional shares, competitors with beach tourism market share, detailed beach tourism market segments, market trends, and opportunities, and any further data you may need to thrive in the beach tourism industry. These beach tourism market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The beach tourism market includes revenues earned by entities by providing beachfront accommodations, guided beach tours, activities, beachside dining and entertainment, and rental services for equipment such as umbrellas and beach chairs. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The beach tourism market size is expected to see strong growth in the next few years. It will grow to $311.57 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period is expected to be driven by increasing investment in the tourism sector, the growing influence of social media among Gen-Z, a deeper understanding and appreciation of different cultures, a rise in vacation rental bookings, and an increase in recreational activities. Key trends anticipated during this period include technological advancements, the expansion of sustainable beach tourism, growth in beachfront and coastal sports, the impact of social media, and the prominence of cultural events and social activities.
The growth of international tourism is anticipated to drive the expansion of the beach tourism market in the coming years. International tourism involves individuals traveling and staying in destinations beyond their usual environment and across national borders for purposes such as leisure, business, or other activities. This growth is attributed to factors such as rising disposable incomes, advancements in air travel, the availability of high-speed trains, and other transportation innovations, as well as the increase in global trade and business engagements. Beach tourism offers international visitors a diverse experience that includes relaxation, adventure, cultural immersion, and recreational activities in scenic coastal areas. For example, in August 2023, the International Trade Administration, a US government agency, reported that the United States welcomed 55.8 million international visitors in 2023, reflecting a 30.2% increase compared to 2022. Consequently, the surge in international tourism is contributing to the growth of the beach tourism market.
Leading companies in the beach tourism sector are increasingly focusing on sustainability initiatives, such as eco-friendly accommodations, to gain a competitive edge. These eco-friendly accommodations emphasize environmental stewardship by utilizing renewable resources, minimizing waste, and supporting conservation efforts. For instance, in 2022, Accor, a France-based hospitality company, introduced its Planet 21 program, which promotes sustainable practices across its properties. Key aspects of this initiative include the adoption of energy-efficient systems, collaboration with local conservation organizations, and the use of locally sourced materials in construction and operations. These efforts not only enhance the guest experience by resonating with environmentally conscious travelers but also contribute to reducing the ecological impact of tourism. As demand for sustainable travel options grows, companies that adopt these practices are likely to secure a larger share of the market.
In March 2022, EOS Investors LLC, a US-based real estate investment firm, acquired Beach House Resort for an undisclosed sum. This acquisition broadens EOS's hospitality portfolio and highlights its commitment to investing in high-quality, lifestyle-oriented properties in premier locations. Beach House Resort, an oceanfront resort in the United States, is known for offering comfortable accommodations, dining options, entertainment, and recreational activities.
Major companies operating in the beach tourism market are Marriott International Inc., TUI AG, Expedia Group Inc., Booking.com B.V., Hilton Worldwide Holdings Inc., Airbnb Inc., Hyatt Hotels Corporation, Four Seasons Hotels and Resorts, Accor S.A., InterContinental Hotels Group PLC, Shangri-La International Hotel Management Limited, Melia Hotels International SA, TripAdvisor Inc., Wyndham Hotels & Resorts Inc., The Ritz-Carlton Hotel Company LLC, Apple leisure group, Mandarin Oriental International Limited, On the Beach Group plc, Thomas Cook Ltd., Fairmont Hotels and Resorts Inc., Dana Point, Safari & Beach, The Anaheim Tour Company, Cox & Kings Ltd, Kuoni travel group.
Europe was the largest region in the beach tourism market in 2023. The regions covered in the beach tourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the beach tourism market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Beach tourism involves travel and leisure activities centered around coastal regions, particularly beaches. This type of tourism is built around the natural attractions and recreational opportunities provided by beach environments, drawing visitors for a range of activities and experiences.
The beach tourism market is primarily categorized into sun and sand tourism, adventure tourism, eco-tourism, and wellness tourism. Sun and sand tourism specifically focuses on beach destinations where tourists engage in activities such as relaxation, sunbathing, swimming, and various water sports in locations known for favorable weather and scenic views. The services offered in this sector include accommodation, transportation, activities, and more, with popular activities ranging from swimming and sunbathing to surfing, snorkeling, and other water and beach sports. This type of tourism caters to different applications, including individual travelers, groups, families, and corporate events.
The beach tourism market research report is one of a series of new reports that provides beach tourism market statistics, including the beach tourism industry global market size, regional shares, competitors with beach tourism market share, detailed beach tourism market segments, market trends, and opportunities, and any further data you may need to thrive in the beach tourism industry. These beach tourism market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The beach tourism market includes revenues earned by entities by providing beachfront accommodations, guided beach tours, activities, beachside dining and entertainment, and rental services for equipment such as umbrellas and beach chairs. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Beach Tourism Market Characteristics3. Beach Tourism Market Trends and Strategies32. Global Beach Tourism Market Competitive Benchmarking33. Global Beach Tourism Market Competitive Dashboard34. Key Mergers and Acquisitions in the Beach Tourism Market
4. Beach Tourism Market - Macro Economic Scenario
5. Global Beach Tourism Market Size and Growth
6. Beach Tourism Market Segmentation
7. Beach Tourism Market Regional and Country Analysis
8. Asia-Pacific Beach Tourism Market
9. China Beach Tourism Market
10. India Beach Tourism Market
11. Japan Beach Tourism Market
12. Australia Beach Tourism Market
13. Indonesia Beach Tourism Market
14. South Korea Beach Tourism Market
15. Western Europe Beach Tourism Market
16. UK Beach Tourism Market
17. Germany Beach Tourism Market
18. France Beach Tourism Market
19. Italy Beach Tourism Market
20. Spain Beach Tourism Market
21. Eastern Europe Beach Tourism Market
22. Russia Beach Tourism Market
23. North America Beach Tourism Market
24. USA Beach Tourism Market
25. Canada Beach Tourism Market
26. South America Beach Tourism Market
27. Brazil Beach Tourism Market
28. Middle East Beach Tourism Market
29. Africa Beach Tourism Market
30. Beach Tourism Market Competitive Landscape and Company Profiles
31. Beach Tourism Market Other Major and Innovative Companies
35. Beach Tourism Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Beach Tourism Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on beach tourism market which is experiencing strong growth. the report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for beach tourism? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The beach tourism market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- the market characteristics section of the report defines and explains the market.
- the market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- the forecasts are made after considering the major factors currently impacting the market. These include:
- the impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- the impact of higher inflation in many countries and the resulting spike in interest rates.
- the continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- the regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- the competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- the trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Type: Sun and Sand Tourism; Adventure Tourism; Eco-Tourism; Wellness Tourism2) by Service Type: Accommodation; Transportation; Activities; Other Service Types
3) by Activity: Swimming; Sunbathing; Surfing; Snorkeling; Water Sports; Beach Sports
4) by Application: Individual; Group; Family; Corporate
Key Companies Mentioned: Marriott International Inc.; TUI AG; Expedia Group Inc.; Booking.com B.V.; Hilton Worldwide Holdings Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Marriott International Inc.
- TUI AG
- Expedia Group Inc.
- Booking.com B.V.
- Hilton Worldwide Holdings Inc.
- Airbnb Inc.
- Hyatt Hotels Corporation
- Four Seasons Hotels and Resorts
- Accor S.A.
- InterContinental Hotels Group PLC
- Shangri-La International Hotel Management Limited
- Melia Hotels International SA
- TripAdvisor Inc.
- Wyndham Hotels & Resorts Inc.
- The Ritz-Carlton Hotel Company LLC
- Apple leisure group
- Mandarin Oriental International Limited
- On the Beach Group plc
- Thomas Cook Ltd.
- Fairmont Hotels and Resorts Inc.
- Dana Point
- Safari & Beach
- The Anaheim Tour Company
- Cox & Kings Ltd
- Kuoni travel group
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | September 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 240.03 Billion |
Forecasted Market Value ( USD | $ 311.57 Billion |
Compound Annual Growth Rate | 6.7% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |