GCC Ecotourism Market to Witness Growth Owing to Increasing Environmental Awareness Among Consumers
Ecotourism in the GCC region involves activities such as camping, wildlife viewing, nature walks, responsible travel to natural areas that conserve the environment and improve the well-being of local people. Ecotourism aims to offer tourists insight into nature and local cultures in a sustainable manner that promotes conservation and has a low negative impact on the environment as well as provides more direct economic benefits for local communities. The ecotourism industry in the GCC region also provides environmental education and funds for conservation by encouraging sustainable tourism practices. With growing environmental awareness among consumers in the GCC countries, ecotourism is gaining significant popularity as an appealing travel option over the last couple of years.
The Global GCC Ecotourism Market is estimated to be valued at US$ 590.99 Mn in 2024 and is expected to exhibit a CAGR of 3.3% over the forecast period 2024 To 2031.
Key Takeaways
Key players: Key players operating in the GCC Ecotourism are Ramada Worldwide, Jumeirah, and Le Meridien hotels, Airlines such as Emirates, Qatar, and Gulf air, and Tour Travel Operators like Thomas Cook.
Key opportunities: The key opportunities in the GCC Ecotourism Market Size include the development of more wildlife reserves, sustainable rural tourism initiatives, cultural experience tours, and adventure activities like desert camping, rock climbing etc.
Global expansion: The globalization of GCC Ecotourism is evident from the growing number of international tourists arriving in the region for eco-friendly travel. The GCC countries are promoting ecotourism on a global scale by participating in international travel marts and conventions.
Market drivers: The major driver for the growth of GCC Ecotourism market is the increasing environmental awareness among consumers in GCC countries. The people are more inclined toward sustainable travel options that do not harm nature. Other key drivers are rising disposable income, growing popularity of social media influencing travel decisions and government support through initiatives and regulations.
PEST Analysis
Political: The GCC countries strive to diversify their economies and reduce dependence on oil & gas sector. Ecotourism is promoted by governments through policies and initiatives to attract tourists.
Economic: High per capita incomes and government spending on infrastructure in GCC translates to higher tourism and travel budgets. Ecotourism provides alternative source of revenue and employment.
Social: Young population is interested in outdoor adventure sports and activities. Travellers are looking for unique travel experiences while also being environmentally responsible.
Technological: Use of digital media for promotional activities and online booking of ecotourism packages. Mobile apps help travellers easily access information and plan their trips.
Geographical Concentration
The ecotourism market in GCC is concentrated in United Arab Emirates and Oman in terms of value. UAE’s diverse landscape spanning deserts and mountains attracts the largest number of nature enthusiasts. Adventure sports like dune bashing and trekking are popular. Oman has extensive coastal areas and rugged Hajar mountain range, which are hotspots for ecotourism.
Fastest Growing Region
Saudi Arabia is expected to witness highest growth in the GCC ecotourism market during the forecast period. The country is leveraging its ample natural resources and promoting responsible tourism through initiatives like ‘Vision 2030’. Projects under Red Sea Development Authority will drive ecotourism in remote areas and create new opportunities.
*Note:
1.Source: Coherent Market Insights, Public sources, Desk research
2.We have leveraged AI tools to mine information and compile it