Safari Tourism Market Surging at a Rapid 6.7% CAGR, Expected to Exceed US$ 34,422.7 Million by 2033 | FMI


Explore the thriving Safari Tourism Market, witnessing robust growth. Demand surges for immersive wildlife experiences.

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The most recent research from Future Market Insights indicates that throughout the projected period of 2023 to 2033, safari tourism in Africa is anticipated to generate significant development prospects. By the end of 2023, the global market is projected to generate US$ 18,014.3 million in revenue.

In the long term, tourism is estimated to reach around US$ 34,422.7 million in 2033. The idea of safari can be traced back to former U.S. president Teddy Roosevelt. He gave the idea of safari which was soon popularized in all over America.

A safari is known as an overland journey that is frequently taken by tourists to Africa. Earlier, an excursion of this nature frequently involved a large hunt. Originally, the word “safari” was simply a shortened form of the Swahili word “safari,” which means “journey.” In a more regal or regale time, the main purpose of a safari was to hunt, shoot, and then drag the kill overland by a group of local tribes’ people. In a nutshell, safari is known as a vacation taken by adventurers in order to view and capture wildlife or engage in hiking in addition to sightseeing.

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The major draw for tourists is witnessing wildlife in its natural habitat, including elephants, lions, leopards, buffaloes, hippos, and rhinos. The flu period had a significant detrimental effect on industry expansion. In 2021, a significant fraction of safari travel providers had lost the majority of their reservations. Safari tourism in Africa is expected to revive over the coming years with accelerated tourism in Africa.

One of the most popular and desired kinds of vacation in Africa is a safari. Most people agree that doing a safari is the only “thing to do” in Africa. A safari in Africa typically connotes a wildlife safari. People are drawn to witness the wild animals in their native habitats, including lions, elephants, rhinoceroses, giraffes, zebras, leopards, and many others. Travelers today desire a thorough understanding of the local cultures of the destinations they visit. This issue is being taken into account by a number of new industry participants who are giving safari tourists a customized experience and so fueling market expansion.

Key Takeaways

  • Rising per capita income is primarily driving up demand for safari tourism in Africa and around the world. Furthermore, the demand for safari tourism in Africa is being driven by rising tourism spending, an increase in the number of urban working-class people, and an increase in global GDP.
  • A massive opportunity exists for safari tours in Africa, where it is still in its infancy. Innovative ideas like ethno-tourism are developing as potential growth areas for safari tourism in the continent’s tourism industry.
  • Luxury safari experiences are rapidly becoming more popular among tourists. Without sacrificing their standard of living, tourists can see the majesty of African animals and tribal life in their natural settings.

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Luxury Safari is a combination of a tribal and contemporary vacation destination where guests may enjoy all the comforts of home. Another obvious tendency is the evolution of the safari into a vacation focused mostly on sightseeing and wildlife photography.

  • Several parts of Africa are prospering attributing to the rise in safari-driven tourism, and some of that money is going back into improving the safari experience for visitors. Furthermore, business tourism is exponentially expanding across the continent.
  • This has resulted in the region’s strong economic growth, particularly in East Africa, while domestic and intra-African travel is expanding as a result of the big 5 increasing incomes and urbanization.
  • In Africa, safari travelers frequently hope to see the big five (elephant, rhino, cheetah, lion, and zebra). Safaris in Africa are becoming more and more well-liked as a result of chimpanzee and gorilla trekking.

Competitive Landscape

The top safari tourism amenities are what well-known firms in the sector strive to provide their prestigious patrons. As a result, these businesses are essential to the growth of commerce everywhere in the world.

Key market participants are forming mergers, acquisitions, and strategic alliances to broaden their regional reach. To deliver cutting-edge features and draw clients, major operators are constantly implementing unique technologies like virtual reality, artificial intelligence, and IoT.

More Insights into the Safari Tourism in Africa Market

The number of visitors visiting Africa is rising, and more people are traveling there from the Middle East, Brazil, Russia, India, and China. All of these nations are thought to be at a comparable stage of newly advanced economic development.

Safari Tourism in Africa Market by Category

By Direct Suppliers:

  • Airlines
  • Hotel Companies
  • Car Rental
  • Train
  • Tour Operators
  • Government Bodies

By Indirect Suppliers:

  • OTA (Online Travel Agency)
  • Traditional Travel Agencies
  • TMC’s (Travel Management Companies)
  • Corporate Buyers
  • Aggregators

By Age:

  • Under 18
  • 18-25
  • 26-35
  • 36-45
  • 46-55
  • Over 55

By Demographic:

  • Male
  • Female
  • Kids

By Nationality:

  • Domestic
  • International

By Group Type:

  • Corporate
  • Family
  • Couples
  • Youth Groups
  • Single Tourists

By Type:

  • Adventure Safari
  • Private Safari
  • Others

By Booking Channel:

  • Phone Booking
  • Online Booking
  • In Person Booking

About Future Market Insights Inc.

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market.

Contact Information

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware
19713
USA
Phone : +1-845-579-5705
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Published in

Business , Business

Published on

Feb 06, 2024

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