Beach Tourism Market Will Grow At Highest Pace Owing To Increasing Wellness Tourism Globally

The Global Beach Tourism Market is estimated to be valued at US$ 341.10 Bn in 2024 and is expected to exhibit a CAGR of 5.3% over the forecast period 2024 to 2031.

The beach tourism market involves travel to destinations located near or on beaches. Beaches provide a scenic and relaxed environment for vacationing and offer activities such as sunbathing, swimming, beach combing, surfing, and other water sports. The increasing popularity of wellness tourism is one of the major factors driving the growth of the beach tourism market. Wellness tourism promotes good physical and mental health through activities such as yoga, meditation, spa treatments, and spending time in aesthetically pleasing natural environments like beaches. 

Key Takeaways

Key players operating in the beach tourism market are TUI Group, Expedia Group, Inc., TripAdvisor, Inc., Thomas Cook, Booking.com B.V., Airbnb, Inc., Cox & Kings Ltd, apple leisure group, Kuoni travel group, On The Beach Group, Beach Travel, Safari & Beach, The Anaheim Tour Company, and Dana Point. TUI Group is one of the largest tourism companies in the world operating beach resorts across multiple countries. The growing demand for wellness and leisure travel is spurring the growth of the beach tourism industry. Technological advancements in online travel booking platforms have also made beach vacations more accessible globally.

Market Trends

Sustainable Beach Tourism Market Demand is an emerging trend in the industry with destinations promoting eco-friendly practices like reducing plastic waste and carbon footprint. Adoption of virtual and augmented reality technologies by tourism boards is another trend being observed to provide immersive experiences to potential travelers before their actual visit.

Market Opportunities

Emerging markets in Asia Pacific and Middle East regions provide lucrative opportunities for beach tourism providers owing to growing tourism industries and investments in beach infrastructure development in these countries. Partnerships between private tour operators and local communities can help increase community participation and enhance the overall traveler experience.

Impact of COVID-19 on Beach Tourism Market

The COVID-19 pandemic has had a significant impact on the beach tourism market. Travel restrictions imposed by governments worldwide led to a sharp decline in international tourist arrivals and domestic tourism in 2020. Many seaside beaches had to be closed or strict rules put in place regarding occupancy and social distancing. This led to cancellation of bookings and travel plans across the world. The global shutdown resulted in an estimated loss of about 1 billion international tourist arrivals in 2020 compared to the previous year. As the pandemic spread, many resorts and hotels near beaches had to be shut down temporarily, putting severe financial pressure on the stakeholders in the industry.

However, as vaccination drives progressed in 2021, many countries started relaxing travel restrictions in a phased manner. Domestic tourism saw an uptick as people preferred driving to nearby beaches rather than undertaking international flights. Outdoor recreational activities like swimming and sunbathing also resumed in some regions with proper protocols. The pent-up demand from being confined at home for over a year is expected to drive beach tourism in the post-pandemic era. Governments and industry players will need to focus on building consumer confidence, promoting domestic tourism and formulating new safety and hygiene standards to facilitate international travel once again. Investments in digital technologies can also help the sector recover faster.

Geographical concentration of Beach Tourism Market

In terms of value, the beach tourism market is highly concentrated in Europe, North America and Asia Pacific regions. Europe accounts for the largest share globally due to the presence of popular beach destinations like Spain, Italy, France and Greece. These countries attract millions of international tourists annually to their sandy coastlines and islands. North America, particularly the United States, is another major market led by states like Florida and California that have vibrant beach cultures and infrastructure. Asia Pacific is the fastest growing regional market currently dominated by Thailand, Philippines and Indonesia in Southeast Asia and Australia. Emerging markets in Latin America, Middle East and Africa are also witnessing rising prospectus for beach vacations.

Fastest Growing Region in Beach Tourism Market

Asia Pacific region is projected to be the fastest growing market for beach tourism during the forecast period from 2024 to 2031. This can be attributed to factors like rising incomes, rapid urbanization, expansion of tourism infrastructure and promotion initiatives by various countries to attract global visitors. Thailand, Vietnam, Philippines, Indonesia, Sri Lanka and Maldives have emerged as popular Asian beach destinations offering pristine coastal landscapes, tropical climate and diverse activities at competitive prices. As more Asians take to travelling within the region and internationally, the appetite for beach getaways will continue propelling the Asia Pacific market ahead of others globally in terms of growth rates.

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