The Business Research Company’s Industrial Tourism Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Industrial Tourism Global Market Report 2023 evaluates industrial tourism market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global industrial tourism market is expected to grow from $1.43 billion in 2022 to $1.86 billion in 2023 at a compound annual growth rate (CAGR) of 30.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The industrial tourism market is expected to reach $5.47 billion in 2027 at a CAGR of 30.9%.
The rise in demand for experiential travel is expected to propel the growth of the industrial tourism market going forward. Experiential travel refers to a type of travel that involves engaging actively and meaningfully with the nature, people, and culture of a destination to produce unforgettable experiences. Experimental travel encourages industrial tourism by providing immersive experiences and hands-on activities in industrial settings, creating special and educational opportunities for visitors to explore and engage with various industries, and bringing tourists to industrial areas. For instance, in July 2022, according to the International Trade Administration, a US-based Intergovernmental organization, the total non-resident international visitor flow to the United States increased to 5,210,752, which has increased by 160.8% compared to July 2021. Therefore, the rise in demand for experiential travel is driving the industrial tourism market.
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The industrial tourism market segments in the report are:
1) By Type: Industrial Heritage Tourism, Company Visits, Scientific Tourism
2) By Visitor Type: Students, Professionals, Leisure Travelers
3) By Application: Below 20 Years, 20-30 Years, 30-40 Years, 40-50 Years, Above 50 Years
4) By Industry: Manufacturing, Agriculture, Energy, Technology, Transportation, Aerospace, Science Centers
The table of contents in TBRC’s industrial tourism market report includes:
1. Executive Summary
2. Industrial Tourism Market Characteristics
3. Industrial Tourism Market Trends And Strategies
4. Industrial Tourism Market – Macro Economic Scenario
5. Industrial Tourism Market Segmentation
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26. South America Industrial Tourism Market
27. Brazil Industrial Tourism Market
28. Middle East Industrial Tourism Market
29. Africa Industrial Tourism Market
30. Industrial Tourism Market Competitive Landscape And Company Profiles
Top Major Players:
- TUI AG
- AAA Club Alliance Inc
- Expedia Group Inc
- Global Business Travel Group Inc
- BCD Travel
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