The global wildlife hunting tourism market is estimated to be valued at US$ 1,841.5 million in 2028, according to Global Wildlife Hunting Tourism Market Report, By Type (Big Game Trophy, Small Game Trophy, and Skill Hunting), By Species Type (Ungulates, Rodents, Birds, Carnivores, and Others), By Contribution (Transportation, Accommodation, Food & Dining, Equipment, and Others) and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) published by Coherent Market Insights.
The global wildlife hunting tourism market is expected to surpass US$ 1841.5 Million by 2028, exhibiting a CAGR of 16.5% during the forecast period (2021-2028).
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https://www.coherentmarketinsights.com/market-insight/wildlife-hunting-tourism-market-4922
Browse 50 market data tables* and 40 figures* on "Global wildlife hunting tourism market” - Forecast to 2028.
Key Trends and Analysis of the Global wildlife hunting tourism market:
Key Takeaways of the Market:
Global Wildlife Hunting Tourism Market- Impact of Coronavirus (Covid-19) Pandemic
COVID-19's global spread has resulted in lockdown, lowering the activity of the economy, which have had a significant impact on wages of the employee of wildlife tourism due to cancellation of confirmed bookings.
According to Luc Hoffmann Institute’s report April 2021, ‘The Future Of Nature-Based Tourism’, in South Africa, one third of the game lodges furloughed more than 50% of their staff, while 16% have furloughed all of their staff. Between April and March 2020, 67% of permanent employees of South African game ranchers were affected due to reduced wages, unpaid leave, or were made redundant. According to a survey conducted between April and March 2020 by Wildlife Ranching South Africa (an organization representing the national and international interests of the wildlife ranching industry), 95% of respondents experienced a decline in number of hunters visiting their game farms/lodges during March and April 2020. Respondents experienced 74% cancellations of confirmed bookings for the period March to December 2020.
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