According to the latest report added to the online inventory of Wise Guys Report (WGR) the Global Maritime Tourism Market has recorded an unprecedented growth so far and the extrapolated growth indicates further rise by 2024 registering a healthy CAGR. —
Maritime tourism explores a wide spectrum of sea-based recreational activities that include fun and adventures such as boating, yachting, sailing, sea sports, sea angling, marine wildlife watching and many others. They explore different waterways or inland waters as their central hub to base their business. These activities are of different categories and exhibit different levels of difficulties and challenges with some dedicated to simple relaxation and others to register an episode of once in a lifetime moment. In the recent times a boost in global tourism in general has also propelled the demand for maritime tourism drawing the attention of more tourists toward these activities. Maritime escapades bring different sports under its wings such as sea kayaking, coastal rowing and surfing among others. Underwater sports are also available with sea diving, snorkeling, scuba diving and underwater photography. Participants may require a certain level of exposure and expertise while undertaking such activities under the supervision of trained personnel.
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Global Maritime Tourism Market: Segmental Analysis
Global Maritime Tourism Market is segmented based on type and applications. Maritime tourism plays an important play in shaping the economic structure by providing new job opportunities and social stability.
Categorization based on type includes Cruise Tourism, Yachting and Sailing Tourism and others such as Sea kayaking, Coastal Rowing, Surfing, Sea-calculating, Nautical programs and Windsurfing. Cruise tourism has gained immense popularity worldwide as more and more cruise services are introduced at competitive rates. It provides a comprehensive experience of sea adventure with in-ship activities and pure aesthetic pleasure.
Bifurcation based on applications includes Passenger Ticketing service, onboard services and other services. Services include everything from booking tickets to welcoming guests on board and employing trained professionals who make the experience more worthwhile.
Global Maritime Tourism Market: Regional Analysis
The landscape of the Global Maritime Tourism Market mainly is mostly concentrated in North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), South America (Brazil, Argentina and Colombia), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). The study encompasses information about different parameters pertaining to the regional contribution and the anticipated growth during the forecast timeline. Asia Pacific regions are the fastest growing regions on the global front specially China, India and other parts of South East Asia.
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Currently the Global Maritime Tourism Market is gaining substantial footing and targeting to tap the market potential to the fullest. The steady inflow of tourists is promising a stronger economic backbone to the regions. Introduction of new sports and activities to the existing ones are also helping the market along. A wide variety of water activities also guarantees catering to the specification of every kind of tourist to create a sense of inclusion.
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