Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Ecotourism refers to the holidaying in a natural environment without damaging the environment or disturbing habitats. It is a part of environmental conservation and understanding the needs of people and improve their life of quality. Moreover, ecotourism also involve understanding and learning of the history of the other cities and countries and protecting the historical landmarks.

The GCC Ecotourism market is projected to surpass US$ 630.0 million by the end of 2027, in terms of revenue, growing at CAGR of 3.3% during the forecast period (2020 to 2027).

Drivers

Growing preferences among travel lovers for ecotourism in GCC countries is primarily fueling the market growth of ecotourism. According to World Travel and Tourism Council (WTTC), in Saudi Arabia, the total contribution of travel and tourism was 154.1 billion dirhams (US$ 41.95 billion) or 11.3% of GDP in 2017. It is forecast to rise by 4.9% in 2018. By 2028, the sector will represent 10.6% of GDP. Thus, growing ecotourism in the GCC region is expected to propel the market growth.

Many GCC countries are converting their cities into a tourist destination is expected to propel the market growth of ecotourism. Dubai, Doha, and Manama are some of the major countries that are focusing on enhancing the quality of place, diversity, and culture, in order to make it a tourist destination. Thus augmenting these cities as tourist places in order to appeal tourist is expected to foster the market growth of the ecotourism in GCC.

Regionally, Asia-pacific dominated the GCC Ecotourism market in 2019, reporting 40% market share in terms of revenue, followed by Europe and North America, respectively.

Figure 1. GCC Ecotourism Market, Revenue Share (%), By Region, 2019

GCC Ecotourism  | Coherent Market Insights

Market Restraints

The risk associated with the ecotourism while exploring new regions restricts the market growth of the ecotourism in GCC.

The hot and extreme weather condition in the GCC countries up to 9 months out of the year is projected to limit the market growth of the ecotourism in GCC.

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GCC Ecotourism Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 480 Mn
Historical Data for: 2016 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 3.3% 2027 Value Projection: US$ 630 Mn
Geographies covered:
  • Bahrain, Kuwait, Qatar, Saudi Arabia, Oman, UAE
Segments covered:
  • By Category: Nature, Wildlife, Generic
  • By Contribution: Ecotourism receipts, Hotel stay, Shopping & Leisure, Food & dining, Airline expenditure, Other Goods & Services, Real Ecotourism Wallet
Companies covered:

Ramada Worldwide, Jumeirah, Le Meridien, Emirates, Qatar, Gulf air, Thomas Cook

Growth Drivers:
  • Growing preferences among travel lovers for ecotourism in the region
  • Major countries are focusing on developing tourist destinations
Restraints & Challenges:
  • Low awareness regarding the ecotourism in GCC region

Market Opportunities

Increasing visiting of tourist from a convenient location such as Europe and the U.S. to GCC region is expected to bring new market opportunities. Increasing focus of GCC government to offer different adventure and wild-life related packages and activities and also enhance the shopping experiences of the consumers is expected to augment the market growth. All these factors are expected to fuel the market growth of ecotourism in GCC.

Increasing hospitality sectors such as hotels and restaurants in the GCC region is projected to provide immense opportunities to the market of ecotourism in GCC. According to the data from Alpen Capital, the GCC hospitality market is projected to reach US$ 32.5 billion in 2022 from an estimated US$ 22.9 billion in 2017. Moreover, between 2017 and 2022, GCC hotel supply is expected to grow at a CAGR of 4.01%.

Figure 2. GCC Ecotourism Market – Opportunity Analysis

GCC Ecotourism  | Coherent Market Insights

Market Trends

Changing lifestyle and increasing disposable income of the consumer is increasing their spending on travel activities. This is expected to be a major trend in the market. A growing number of inbound tourist coupled with the growing focus of the government on promoting environmental conservation and nature protection is also expected to bolster the market growth of ecotourism in GCC over the forecast period.

The growing popularity of cruising in the region is expected to be a major trend in ecotourism in GCC. Moreover, the growing focus of the travelers to indulge in adventurous outdoor activities are again expected to foster the market growth of the ecotourism in GCC. In addition to this growing number of golf courses and beach resorts to attract urban tourist attractions is further anticipated to augment the market growth of ecotourism in GCC.

Figure 3. GCC Ecotourism Market, Revenue Share (%), By Category, in 2019

GCC Ecotourism  | Coherent Market Insights

On the basis of category, nature dominated the GCC ecotourism market in 2019 with around 48% of market share in terms of revenue, followed by wildlife and generic, respectively.

GCC Ecotourism Market - Impact of Coronavirus (Covid-19) Pandemic

According to World Tourism Organization (UNWTO), the Coronavirus (Covid-19) pandemic has caused a 22% fall in international tourist arrivals during the first quarter of 2020. International lockdowns amidst of pandemic crisis could lead to an annual decline of between 60% and 80% when compared with 2019. This scenario is expected to continue with the extension of lockdowns in various countries across the globe in in response to the Covid-19 pandemic.

Competitive Section

Key players are operating in the GCC Ecotourism market are Ramada Worldwide, Jumeirah, Le Meridien, Emirates, Qatar, Gulf air, Thomas Cook

Ecotourism helps in conserves the environment, and provides sustainable well-being of population. Ecotourism focuses on minimising negative impacts on environment during travelling and contributing to environmental protection. Rising conscious regarding global warming and the destruction of the charm by the tourists are drivers for the market growth.

Market Dynamics

The GCC ecotourism market has witnessed significant growth in recent past years, owing to the growing penetration of internets is increasing visibility of the region. This in turn has resulted the rise in growth of tourism sector in the region. This is expected to foster the demand for ecotourism in the next few years.

On the basis of contribution, ecotourism receipts, hotel stay, shopping and leisure, food and dining, airline expenditure, other goods and services, real ecotourism wallet. Increasing focus of the government on ecologically sustainable tourism is expected to provide lucrative growth to the market growth during the projected timeframe.

Key features of the study:

  • This report provides in-depth analysis of GCC Ecotourism market size (US$ Million), and Compound Annual Growth Rate (CAGR %) for the forecast period (2020 – 2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the GCC Ecotourism market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plant
  • Key companies covered as a part of this study includes Ramada Worldwide, Jumeirah, Le Meridien, Emirates, Qatar, Gulf air, Thomas Cook
  • Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, Contribution up-gradation, market expansion, and marketing tactics
  • The GCC Ecotourism market report caters to various stakeholders in this industry including investors, suppliers, GCC Ecotourism manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analysing the GCC Ecotourism market

Detailed Segmentation:

  • GCC Ecotourism Market, By Category:
    • Nature
    • Wildlife
    • Generic
  • GCC Ecotourism Market, By Contribution:
    • Ecotourism receipts
    • Hotel stay
    • Shopping and Leisure
    • Food and dining
    • Airline expenditure
    • Others
  • GCC Ecotourism Market, By Region:
    • Bahrain
      • By Category
        • Nature
        • Wildlife
        • Generic
      • By Contribution
        • Ecotourism receipts
        • Hotel stay
        • Shopping and Leisure
        • Food and dining
        • Airline expenditure
        • Others
    • Kuwait
      • By Category
        • Nature
        • Wildlife
        • Generic
      • By Contribution
        • Ecotourism receipts
        • Hotel stay
        • Shopping and Leisure
        • Food and dining
        • Airline expenditure
        • Others
    • Qatar
      • By Category
        • Nature
        • Wildlife
        • Generic
      • By Contribution
        • Ecotourism receipts
        • Hotel stay
        • Shopping and Leisure
        • Food and dining
        • Airline expenditure
        • Others
    • Saudi Arabia
      • By Category
        • Nature
        • Wildlife
        • Generic
      • By Contribution
        • Ecotourism receipts
        • Hotel stay
        • Shopping and Leisure
        • Food and dining
        • Airline expenditure
        • Others
    • Oman
      • By Category
        • Nature
        • Wildlife
        • Generic
      • By Contribution
        • Ecotourism receipts
        • Hotel stay
        • Shopping and Leisure
        • Food and dining
        • Airline expenditure
        • Others
    • UAE
      • By Category
        • Nature
        • Wildlife
        • Generic
      • By Contribution
        • Ecotourism receipts
        • Hotel stay
        • Shopping and Leisure
        • Food and dining
        • Airline expenditure
        • Others
  • Company Profiles
    • Ramada Worldwide*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Jumeirah
    • Le Meridien
    • Emirates
    • Qatar
    • Gulf air
    • Thomas Cook

 

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Category
      • Market Snippet, By Contribution
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
  4. GCC Ecotourism Market - Impact of Coronavirus (Covid-19) Pandemic
    • Change in the Consumer Spending Pattern, by Geography
      • Bahrain
      • Kuwait
      • Qatar
      • Saudi Arabia
      • Oman
      • UAE
  5. GCC Ecotourism Market, By Category, 2017 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Nature
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Wildlife
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Generic
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
  6. GCC Ecotourism Market, By Contribution, 2017 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Ecotourism receipts
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Hotel stay
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Shopping and Leisure
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Food and dining
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Airline expenditure
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
  7. GCC Ecotourism Market, By Region, 2017- 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2019 - 2027
    • Bahrain
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2019 - 2027
      • Region Trends
        • Market Size and Forecast, By Category, 2017- 2027 (US$ Million)
        • Market Size and Forecast, By Contribution, 2017- 2027 (US$ Million)
    • Kuwait
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2019 - 2027
      • Region Trends
        • Market Size and Forecast, By Category, 2017- 2027 (US$ Million)
        • Market Size and Forecast, By Contribution, 2017- 2027 (US$ Million)
    • Qatar
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2019 - 2027
      • Region Trends
        • Market Size and Forecast, By Category, 2017- 2027 (US$ Million)
        • Market Size and Forecast, By Contribution, 2017- 2027 (US$ Million)
    • Saudi Arabia
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2019 - 2027
      • Region Trends
        • Market Size and Forecast, By Category, 2017- 2027 (US$ Million)
        • Market Size and Forecast, By Contribution, 2017- 2027 (US$ Million)
    • Oman
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2019 - 2027
      • Region Trends
        • Market Size and Forecast, By Category, 2017- 2027 (US$ Million)
        • Market Size and Forecast, By Contribution, 2017- 2027 (US$ Million)
    • UAE
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2019 - 2027
      • Region Trends
        • Market Size and Forecast, By Category, 2017- 2027 (US$ Million)
        • Market Size and Forecast, By Contribution, 2017- 2027 (US$ Million)
  8. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • Ramada Worldwide
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Jumeirah
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Le Meridien
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Emirates
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Qatar
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Gulf air
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Thomas Cook
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 30 market data tables* and 25 figures* on "GCC Ecotourism Market” – global forecast to 2027

Frequently Asked Questions

The market for GCC Ecotourism is forecast to surpass US$ 630.0 million by 2027 witnessing a CAGR of 3.3% between 2020 and 2027.
Growing preferences among travel lovers for ecotourism and major countries are focusing on developing tourist destinations is fuelling the growth of the GCC Ecotourism market in the region.
Changing lifestyle and increasing disposable income of the consumer is expected to favor market growth over the forecast period.
Low awareness regarding the ecotourism in GCC region is expected to hamper the growth the market during the forecast period.
Major players operating in the GCC Ecotourism market include Ramada Worldwide, Jumeirah, Le Meridien, Emirates, Qatar, Gulf air, Thomas Cook
The GCC Ecotourism market was estimated to be valued around US$ 480.0 million in terms of revenue in 2019.
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