Cultural Tourism Market to Grow by USD 6.67 Billion (2024-2028), Rising Stress-Related Cases Drive Demand, Report with AI Impact on Trends – Technavio

NEW YORK, Jan. 24, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global cultural tourism market size is estimated to grow by USD 6.67 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 17.32% during the forecast period. Growing instances of stress-related cases is driving market growth, with a trend towards increasing demand for AR and VR technology in cultural tourism. However, concerns related to overtourism poses a challenge. Key market players include ACE Cultural Tours Ltd, Aracari Travel, Envoy Tours, Exodus Travels Limited, G Adventures, Geographic Expeditions Inc., Greaves Travel Ltd, Indigenous Tourism BC, JPMorgan Chase and Co., Kudu Travel Ltd., Lindblad Expeditions Holdings Inc., Martin Randall Travel Ltd, Odyssey World, Responsible Travel, Tandem Travel, Tauck Inc., Travel Leaders Group Holdings LLC, Travelogy India Pvt. Ltd, Wilderness Travel, and Intrepid Group Pty Ltd..

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Cultural Tourism Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 17.32%

Market growth 2024-2028

USD 6.67 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

16.2

Regional analysis

Europe, APAC, North America, South America, and Middle East and Africa

Performing market contribution

Europe at 40%

Key countries

China, Japan, Italy, France, and Spain

Key companies profiled

ACE Cultural Tours Ltd, Aracari Travel, Envoy Tours, Exodus Travels Limited, G Adventures, Geographic Expeditions Inc., Greaves Travel Ltd, Indigenous Tourism BC, JPMorgan Chase and Co., Kudu Travel Ltd., Lindblad Expeditions Holdings Inc., Martin Randall Travel Ltd, Odyssey World, Responsible Travel, Tandem Travel, Tauck Inc., Travel Leaders Group Holdings LLC, Travelogy India Pvt. Ltd, Wilderness Travel, and Intrepid Group Pty Ltd.

Market Driver

In today’s market, cultural tourism is a major trend as customers seek unique experiences and interactions with local cultures. Traditional tourist attractions like historic sites, art galleries, and museums continue to draw crowds, but off-the-beaten-path destinations offer authentic, experiential travel. Sustainable travel practices, including eco-friendly initiatives and conservation efforts, are important to both customers and B2C enterprises. Middle class travelers, driven by affordability and stress-relief, are fueling outbound tourism. Budget airlines and vacation rentals make travel more accessible. Cruises, package holidays, camping, business events, conferences, and exhibitions also contribute to the global market scenario. Diverse cultures and rich histories are major attractions. Festivals, heritage tourism, culinary tourism with cooking classes and food tours, are popular choices. Travel restrictions and social isolation policies have increased demand for virtual experiences and online platforms. Aracari Travel, Classic Journeys LLC, and Wilderness Travel are among the leading B2C enterprises providing cultural tourism experiences. The tourism industry sector continues to grow, driven by a desire for genuine experiences and diversity appreciation. 

The cultural tourism market is experiencing a significant shift due to the rising popularity of AR and VR technologies. These innovative technologies offer tourists and interactive experiences, enhancing their engagement with cultural attractions, heritage sites, and museums. AR technology, accessible through smartphones or tablets, provides virtual reconstructions, 3D models, and multimedia content, adding context and insight to historical landmarks. VR headsets transport users to virtual environments, enabling exploration of ancient ruins, historical sites, and cultural landscapes from the convenience of homes or tourist centers. AR and VR technologies are revolutionizing the cultural tourism industry by bringing historical sites and artifacts to life, making learning and exploration more accessible and engaging for tourists. 

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Market Challenges

  • Cultural tourism is a growing market that offers unique experiences for travelers seeking authentic connections with diverse cultures and rich histories. However, B2C enterprises face challenges in catering to customer preferences for off-the-beaten-path destinations and experiential travel. Traditional tourist attractions like historic sites, art galleries, and museums still draw crowds, but travelers increasingly seek interactions with locals and sustainable travel practices. Eco-friendly travel and eco-tourism initiatives, conservation efforts, and budget airlines are driving forces in this sector. Middle class travelers book hotels, vacation rentals, cruises, and package holidays for cultural experiences. Business events, conferences, and exhibitions also contribute to the global market scenario. Affordability, employment, and stress-related cases are key factors influencing travel decisions. Aracari Travel, Classic Journeys LLC, and Wilderness Travel are leading players in this sector, offering diverse cultural attractions through cooking classes, food tours, festival tourism, and more. However, travel restrictions and social isolation policies due to the pandemic have impacted the industry. The international community looks forward to the resumption of cultural tourism, appreciating the value of genuine experiences and diversity appreciation. Online platforms and social media continue to play a significant role in booking and promoting cultural tourism. Lack of infrastructure in some destinations remains a challenge, but initiatives to address this issue are underway.
  • Overtourism poses a significant challenge to the cultural tourism market, as popular destinations struggle with the adverse effects of an influx of visitors. When a destination’s capacity is surpassed, it results in overcrowding, environmental degradation, and cultural commodification, placing a strain on local resources. This phenomenon negatively impacts cultural heritage sites and landmarks, leading to their deterioration. Historic monuments, archaeological sites, and culturally significant areas can experience wear and tear due to high tourist volumes, compromising their authenticity and integrity. Overcrowding also diminishes the visitor experience, with long queues, restricted access, and limited space detracting from enjoyment of cultural attractions.

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Segment Overview

This cultural tourism market report extensively covers market segmentation by

  1. Type 
  • 1.1 Domestic cultural tourism
  • 1.2 International cultural tourism
  • Service 
    • 2.1 Cultural eco-tourism
    • 2.2 Indigenous cultural tourism
    • 2.3 Socio-cultural tourism
  • Geography 
    • 3.1 Europe
    • 3.2 APAC
    • 3.3 North America
    • 3.4 South America
    • 3.5 Middle East and Africa

    1.1 Domestic cultural tourism- In the domestic cultural tourism sector, there is a flourishing market driven by factors such as the appeal of authentic experiences, technological advancements, and government initiatives. Mobile applications are a significant catalyst, offering travelers easy access to detailed guides, maps, and cultural information about destinations. Virtual Reality (VR) and Augmented Reality (AR) applications have gained popularity, providing experiences for exploring cultural sites virtually. Social media platforms and online communities serve as essential resources for travelers, enabling them to discover, share, and engage with cultural experiences. Trends in domestic cultural tourism include a rising focus on sustainable travel practices and niche experiences like culinary tours and artisanal workshops. Government initiatives, including infrastructure development, cultural heritage site preservation, and promotion of local festivals and events, stimulate economic growth and community pride, thereby increasing domestic cultural tourism demand and expanding the global cultural tourism market.

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    Research Analysis

    Cultural tourism is a thriving market that offers travelers unique experiences rooted in history, art, and local traditions. Customer preferences are shifting towards experiential travel, seeking authentic interactions with locals and off-the-beaten-path destinations. Traditional tourist attractions like historic sites, art galleries, museums, and festivals continue to be popular, but eco-friendly travel and sustainable practices are gaining ground. Eco-tourism initiatives, such as Aracari Travel, Classic Journeys LLC, and Wilderness Travel, provide travelers with cultural experiences while promoting affordable, stress-reducing travel. Regional customs, heritage tourism, culinary tourism, cooking classes, and food tours are just a few examples of the rich cultural offerings available in the global market scenario. Employment opportunities in this sector are significant, making cultural tourism a vital contributor to local economies.

    Market Research Overview

    Cultural tourism is a growing market that caters to travelers seeking unique experiences rooted in local traditions and histories. Customer preferences are shifting towards experiential travel, interactions with locals, and off-the-beaten-path destinations. Traditional tourist attractions like historic sites, art galleries, museums, and festivals continue to be popular, but eco-friendly travel and sustainable practices are gaining traction. Eco-tourism initiatives, conservation efforts, and budget airlines are making travel more accessible to the middle class. Outbound tourism is on the rise, with business events, conferences, and exhibitions driving demand. The global market scenario is influenced by affordability, employment opportunities, and stress-related cases. Aracari Travel, Classic Journeys LLC, and Wilderness Travel are among the B2C enterprises offering cultural experiences. Social media and online platforms are transforming the way we book hotels, vacation rentals, cruises, package holidays, camping sites, and more. Travel restrictions and social isolation policies have highlighted the importance of appreciating diverse cultures and rich histories within our international community. Driving forces include genuine experiences, diversity appreciation, and sustainable practices.

    Table of Contents:

    1 Executive Summary
    2 Market Landscape
    3 Market Sizing
    4 Historic Market Size
    5 Five Forces Analysis
    6 Market Segmentation

    • Type
      • Domestic Cultural Tourism
      • International Cultural Tourism
    • Service
      • Cultural Eco-tourism
      • Indigenous Cultural Tourism
      • Socio-cultural Tourism
    • Geography
      • Europe
      • APAC
      • North America
      • South America
      • Middle East And Africa

    7 Customer Landscape
    8 Geographic Landscape
    9 Drivers, Challenges, and Trends
    10 Company Landscape
    11 Company Analysis
    12 Appendix

    About Technavio

    Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

    With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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