Report ID: SQMIG25F2054
Report ID:
SQMIG25F2054 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|
Tables:
62 |
Figures:
75
In 2021, Europe held the majority of the market, with a share of 32.3%. The demand for coastal and maritime tourism in the area is being driven by an increase in foreign visitors as well as an increase in disposable money. The desire for more services and infrastructure in the tourism industry is being driven by the increase in the number of nights spent by foreign visitors. Due to the large number of people employed in the sector, coastal tourism represents the largest industry in the region.
The market in Asia Pacific is anticipated to grow at the fastest rate, 6.8%, during the anticipated time frame. Younger customers in the area are becoming more interested in coastal and maritime travel. Rapid urbanization, an increase in discretionary income, and a rise in the popularity of leisure travel among younger consumers all point to market growth. Additionally, the market is expanding due to the increased adoption of technology across a number of industries, including marine and transit.
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Report ID: SQMIG25F2054