Home » Consumer Goods » Canada SAVE Tourism Market

Canada SAVE Tourism Market

Canada SAVE Tourism Market By Type (Scientific, Academic, Volunteer, Education); By Age Group (18-34 Years, 35-54 Years, 55-64 Years, 65+ Years); By Sales Channel (Travel Agent, Online, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Price: $2699

Published: | Report ID: 80971 | Report Format : Excel, PDF
REPORT ATTRIBUTE DETAILS
Historical Period 2020-2023
Base Year 2024
Forecast Period 2025-2032
Canada SAVE Tourism Market Size 2023  USD 1,593.57 million
Canada SAVE Tourism Market, CAGR 4.18%
Canada SAVE Tourism Market Size 2032 USD 2,211.55 million

Market Overview

Canada SAVE Tourism market size was valued at USD 1,593.57 million in 2024 and is anticipated to reach USD 2,211.55 million by 2032, at a CAGR of 4.18% during the forecast period (2024-2032).

The Canada SAVE Tourism market is driven by several key factors, including the growing global awareness of environmental issues and the increasing demand for sustainable travel options. With more tourists seeking eco-friendly experiences, Canada’s commitment to promoting green tourism through initiatives like carbon-neutral accommodations and eco-conscious travel packages is enhancing market growth. Additionally, the rise in conscious consumerism, especially among millennials and Gen Z travelers, is fostering demand for destinations that prioritize sustainability. The country’s diverse natural landscapes, including national parks and protected areas, further appeal to travelers seeking authentic and environmentally responsible experiences. Moreover, government policies supporting sustainability in tourism, such as incentives for eco-friendly businesses and sustainable infrastructure, are contributing to the market’s expansion. As Canada continues to invest in sustainable tourism initiatives, these factors are expected to drive long-term growth and solidify the country’s position as a leader in the SAVE tourism sector.

The geographical landscape of Canada’s SAVE Tourism market is diverse, with key regions such as Ontario, Quebec, Western Canada, and British Columbia driving growth. Each region offers unique opportunities for sustainable tourism, leveraging its natural resources, eco-friendly initiatives, and commitment to environmental preservation. Ontario’s major cities and natural attractions, Quebec’s rich cultural heritage, Western Canada’s mountainous landscapes, and British Columbia’s coastal ecosystems provide varied and appealing destinations for eco-conscious travelers. Key players in this market include organizations such as Responsible Vacation, WWF Travel, Caribtours Ltd, ATTITUDE HOSPITALITY LTD (AHL), Earthwatch Institute, and Wildlife Conservation Society. These companies play a pivotal role in promoting responsible travel, offering sustainable travel packages, and supporting conservation efforts. Their commitment to sustainability, alongside growing consumer demand for eco-friendly experiences, positions these players as leaders in the Canada SAVE Tourism sector.

Design Element 2

Access crucial information at unmatched prices!

Request your sample report today & start making informed decisions powered by Credence Research!

Download Sample

CTA Design Element 3

Market Insights

  • The Canada SAVE Tourism market was valued at USD 1,593.57 million in 2024 and is expected to reach USD 2,211.55 million by 2032, growing at a CAGR of 4.18% during the forecast period (2024-2032).
  • Increasing demand for eco-friendly travel options is a key market driver, with consumers prioritizing sustainability and responsible tourism.
  • The rise in carbon-neutral travel options and eco-certifications is shaping the market, as more tourists opt for greener alternatives.
  • Technology integration, such as eco-friendly mobile apps and virtual tours, is enhancing the tourist experience while promoting sustainability.
  • The market faces challenges, including high operational costs for sustainable practices and lack of standardized regulations.
  • Ontario and Quebec are leading regions in the market, offering a range of eco-tourism experiences and strong support for green initiatives.
  • Key players like WWF Travel, Earthwatch Institute, and PADI are at the forefront of promoting sustainable tourism in Canada.

Market Drivers

Growing Demand for Sustainable Travel

The increasing global awareness of environmental issues has significantly driven the demand for sustainable travel options. As climate change and its impacts become more pronounced, travelers are becoming more conscious of the ecological footprint of their trips. In Canada, this shift towards eco-friendly tourism is reflected in the rising preference for destinations and experiences that prioritize sustainability. For instance, Canadian business travelers are increasingly seeking sustainable options, with many willing to take extra steps to reduce their environmental impact during travel, as highlighted in the SAP Concur survey on Canadian business travelers. Tourists are now seeking destinations that offer carbon-neutral accommodations, renewable energy-powered services, and activities that minimize environmental harm. This growing awareness among travelers is propelling the SAVE (Sustainable, Accessible, and Viable Experience) Tourism market, with an emphasis on responsible consumption and eco-conscious choices.

Government Support and Policy Initiatives

Government support for sustainable tourism has been a key driver of market growth. Canada’s policies promoting eco-friendly tourism practices have encouraged both local businesses and international tourists to opt for sustainable travel options. The Canadian government has introduced various initiatives that support sustainable tourism infrastructure, including incentives for environmentally friendly accommodations, green transportation solutions, and conservation efforts. Additionally, the government’s commitment to protecting national parks, wildlife, and natural resources ensures that tourism does not negatively impact the environment. These policies create a favorable environment for the growth of the SAVE Tourism market by providing both financial and regulatory support for businesses embracing sustainability.

Rising Eco-Conscious Consumerism

Consumer behavior is shifting towards a more eco-conscious mindset, particularly among younger generations. Millennials and Gen Z travelers, who represent a large segment of the tourism market, are increasingly making choices based on sustainability and ethical considerations. For instance, Gen Z travelers are more likely to choose eco-friendly and sustainable travel options, as reported by Booking.com, reflecting their strong values on environmental responsibility. This demographic is more likely to invest in green accommodations, sustainable travel packages, and nature-based activities. They are also more willing to pay a premium for eco-friendly experiences that align with their values. This trend has driven the demand for sustainable tourism offerings in Canada, where the market is responding with innovations such as carbon-offset travel packages, zero-waste initiatives, and green-certified tourism businesses. As eco-conscious consumerism becomes a dominant trend, it significantly contributes to the expansion of the SAVE Tourism sector in Canada.

Canada’s Natural Resources and Ecotourism Potential

Canada’s vast and diverse natural landscapes make it an ideal destination for ecotourism, further boosting the SAVE Tourism market. The country is home to numerous national parks, forests, wildlife reserves, and coastlines, which attract tourists seeking sustainable and nature-based experiences. Canada’s commitment to preserving these natural resources ensures that ecotourism remains a viable and attractive option for travelers. Eco-friendly activities such as hiking, wildlife viewing, and kayaking in pristine environments are becoming increasingly popular, with travelers seeking authentic, low-impact experiences. Moreover, Canada’s strong emphasis on protecting its biodiversity and natural heritage positions the country as a leader in ecotourism, drawing tourists who prioritize environmental preservation. This growing focus on nature-based tourism drives demand for sustainable tourism solutions, contributing to the overall growth of the SAVE Tourism market in Canada.

Market Trends

Shift Toward Carbon-Neutral Travel

One of the prominent trends in the Canada SAVE Tourism market is the increasing shift toward carbon-neutral travel options. As awareness of the environmental impact of travel grows, more tourists are seeking ways to reduce their carbon footprint. Many travel companies, hotels, and tour operators in Canada are responding by offering carbon-offset packages, where customers can pay to offset the emissions produced by their travel. Additionally, transportation services are increasingly adopting electric vehicles and renewable energy sources to minimize environmental impact. This growing demand for carbon-neutral travel options is shaping the tourism landscape in Canada, encouraging industry stakeholders to innovate in ways that reduce greenhouse gas emissions while enhancing the tourist experience.

Emphasis on Eco-Certification and Green Standards

Another key trend is the growing emphasis on eco-certification and the adoption of green standards by tourism businesses across Canada. More tourists are opting for accommodations and activities that have been certified for their sustainability practices, such as those adhering to green building standards or demonstrating efforts to minimize waste and conserve energy. For example, Topsy Farms in Ontario received the Gold Classification for Green Tourism Canada, showcasing its commitment to sustainability through rigorous evaluation and documentation of environmental practices. Many Canadian hotels, resorts, and tour operators are obtaining certifications like Green Key or EarthCheck, which signal their commitment to sustainability. This trend is not only driven by consumer demand but also by the recognition that sustainable practices can improve business performance, increase brand loyalty, and differentiate companies in a competitive market. As these eco-certifications become more mainstream, they further drive the growth of the SAVE Tourism market in Canada.

Integration of Technology for Sustainable Tourism

Technology is playing a critical role in shaping the trends within Canada’s SAVE Tourism market. Innovations such as virtual tours, mobile apps for eco-friendly travel, and digital platforms for booking sustainable accommodations are enhancing the overall tourist experience while promoting environmental responsibility. For instance, some platforms are using data analytics to track a traveler’s carbon footprint and recommend more sustainable options for transport, lodging, and activities. Additionally, augmented reality and other technologies are helping to educate tourists about conservation efforts and the importance of sustainable travel. The integration of such technologies is facilitating the growth of sustainable tourism by providing tourists with the tools and knowledge needed to make environmentally conscious decisions throughout their journey.

Growing Popularity of Nature-Based and Community-Focused Tourism

There is a growing trend towards nature-based and community-focused tourism in Canada, where tourists are increasingly drawn to authentic experiences that support local communities and preserve the natural environment. Eco-tourists are opting for activities such as wildlife watching, hiking, and cultural experiences that allow them to engage with nature and local communities in a sustainable manner. Indigenous tourism is also gaining prominence as it offers an opportunity to learn about the history and culture of Canada’s First Nations while supporting their communities. This trend is not only contributing to the growth of eco-friendly tourism but also helping to promote the preservation of local ecosystems and cultural heritage, creating a more holistic approach to sustainability within the tourism industry.

Market Challenges Analysis

High Operational Costs for Sustainable Tourism

One of the main challenges facing the Canada SAVE Tourism market is the high operational costs associated with implementing sustainable practices. While eco-friendly initiatives, such as renewable energy systems, waste reduction programs, and sustainable infrastructure, are crucial for promoting green tourism, they often require significant upfront investment. For instance, hotels in Canada are facing increased operational expenditures due to climate-related events, which strain their profitability and make it challenging to invest in sustainable solutions. Small and medium-sized tourism businesses, particularly in remote areas, may struggle to afford these initial costs, which can deter them from adopting sustainable practices. Additionally, the ongoing maintenance costs of eco-friendly technologies and the potential higher price points of sustainable travel options can limit their appeal to a broader audience. As a result, despite growing demand for sustainable tourism, the financial barriers to entry remain a significant challenge for many operators in the industry.

Lack of Standardized Regulations and Consumer Awareness

Another key challenge in the Canada SAVE Tourism market is the lack of standardized regulations and a consistent framework for sustainability. While various eco-certifications exist, there is no universally accepted standard, which can create confusion among consumers about the authenticity of sustainability claims. This inconsistency in certifications makes it difficult for travelers to make informed decisions about which businesses are truly sustainable and which are merely engaging in “greenwashing.” Furthermore, despite growing awareness of sustainable travel options, there is still a lack of widespread understanding among some consumers about the importance of making eco-conscious choices. Educating tourists about the impact of their travel decisions and the benefits of supporting sustainable tourism businesses remains an ongoing challenge, hindering the market’s growth potential.

Market Opportunities

The Canada SAVE Tourism market presents significant opportunities for growth, driven by the increasing demand for sustainable travel experiences. As global environmental concerns continue to rise, Canadian tourism businesses have the chance to capitalize on the growing interest in eco-friendly travel. By investing in sustainable practices such as eco-certified accommodations, renewable energy solutions, and low-impact tourism activities, companies can attract a broader range of environmentally conscious travelers. Additionally, government incentives and support for green tourism initiatives provide an excellent opportunity for businesses to reduce operational costs while promoting sustainable development. As more tourists seek destinations that align with their values of environmental preservation, Canada’s vast natural resources, including its national parks and protected areas, offer an ideal setting to create eco-conscious tourism experiences.

Another opportunity lies in the increasing popularity of Indigenous and community-based tourism. Travelers are becoming more interested in authentic, culturally immersive experiences that support local communities and preserve traditional ways of life. By developing partnerships with Indigenous groups and local communities, tourism operators can offer unique, sustainable experiences that appeal to a growing segment of tourists who value cultural preservation and social responsibility. This trend not only benefits local economies but also contributes to the preservation of cultural heritage and biodiversity. Furthermore, the integration of technology into the tourism experience, such as mobile apps for eco-friendly travel or virtual reality tours of natural sites, offers a chance to enhance engagement while promoting sustainability. These emerging trends in sustainable travel provide ample opportunities for businesses to expand their offerings and position themselves as leaders in the SAVE Tourism market in Canada.

Market Segmentation Analysis:

By Type:

The Canada SAVE Tourism market is segmented by type into scientific, academic, volunteer, and educational tourism, each catering to a unique set of needs and interests. Scientific tourism appeals to those seeking research-focused travel experiences, often involving fieldwork in environmental conservation or biodiversity studies. This segment attracts professionals, researchers, and nature enthusiasts eager to contribute to or learn from ongoing ecological research. Academic tourism, on the other hand, is geared toward students, scholars, and professionals seeking educational trips that combine travel with learning opportunities in sustainability practices. These tours often include visits to eco-certified sites or involvement in environmental workshops and seminars. Volunteer tourism is increasingly popular, with tourists participating in conservation projects or community-based sustainability initiatives, allowing them to engage with local communities and contribute to environmental preservation. Educational tourism, which targets both students and adults, focuses on providing formal and informal educational experiences related to sustainable practices, environmental protection, and cultural sustainability.

By Age Group:

The age-based segmentation of the Canada SAVE Tourism market reveals distinct preferences and travel patterns. The 18-34 years age group, predominantly millennials and Gen Z, shows strong demand for sustainable tourism experiences, seeking out adventure, eco-friendly accommodations, and educational opportunities in sustainability. This demographic values both environmental consciousness and immersive, nature-based experiences, making them ideal participants in volunteer and educational tourism programs. The 35-54 years age group tends to prioritize a balance of sustainability and comfort, favoring scientific and academic tourism that provides both leisure and learning. They are often more financially stable, allowing them to engage in eco-friendly travel while also appreciating the value of educational enrichment. The 55-64 years age group is increasingly interested in volunteer tourism, often participating in environmental conservation efforts or community engagement programs. This group values slow travel and meaningful experiences that contribute to both personal enrichment and environmental preservation. Finally, the 65+ years segment represents a smaller, but growing portion of the market, seeking educational tourism that offers low-impact travel and cultural experiences, with a focus on sustainable practices and responsible tourism.

Segments:

Based on Type:

  • Scientific
  • Academic
  • Volunteer
  • Education

Based on Age Group:

  • 18-34 Years
  • 35-54 Years
  • 55-64 Years
  • 65+ Years

Based on Sales Channel:

  • Travel Agent
  • Online
  • Others

Based on the Geography:

  • Ontario
  • Quebec
  • Western Canada
  • British Columbia
  • Atlantic Canada

Regional Analysis

Ontario

Ontario holds the largest market share in the Canada SAVE Tourism market, accounting for approximately 35% of the total market. As the most populous province and home to major cities like Toronto and Ottawa, Ontario benefits from its strong tourism infrastructure, diverse attractions, and accessibility to international travelers. The province’s abundant natural resources, including national parks and protected areas, provide ideal opportunities for eco-friendly and nature-based tourism. Ontario’s government policies focused on sustainability and its growing number of green-certified accommodations further bolster its position in the market. Additionally, the increasing popularity of sustainable tourism among younger travelers and millennials in Ontario is driving the demand for eco-conscious travel options, making it a leader in the SAVE Tourism market.

Quebec

Quebec, with a market share of 25%, follows closely behind Ontario in the Canada SAVE Tourism market. Known for its rich cultural heritage and diverse natural landscapes, Quebec is a prime destination for educational and volunteer tourism. The province is home to several indigenous communities and offers a range of eco-tourism experiences that highlight environmental conservation and cultural preservation. Quebec’s focus on promoting sustainable tourism, coupled with its strong regional commitment to environmental protection, makes it a leading player in the market. The province’s growing number of eco-certified businesses and its investment in green tourism initiatives continue to attract eco-conscious tourists, further increasing its share of the SAVE Tourism market.

Western Canada

Western Canada, encompassing provinces like Alberta and Saskatchewan, holds a market share of approximately 20% in the Canada SAVE Tourism market. The region’s breathtaking landscapes, including the Rocky Mountains and national parks such as Banff and Jasper, make it a sought-after destination for nature-based tourism. Western Canada’s commitment to sustainability is reflected in its increasing number of green-certified accommodations, eco-friendly activities, and volunteer opportunities for travelers interested in conservation work. The region has become a hub for scientific tourism, attracting environmental researchers and eco-tourists seeking immersive experiences in protected ecosystems. Western Canada’s strong appeal to outdoor enthusiasts and those seeking authentic, nature-based experiences positions it as a growing player in the SAVE Tourism market.

British Columbia

British Columbia, with a market share of 15%, is another significant region in the Canada SAVE Tourism market. Known for its commitment to environmental sustainability, British Columbia has long been a leader in eco-tourism, offering a wide range of nature-based experiences, from hiking and wildlife watching to sustainable adventure tourism. The province’s green tourism initiatives, such as its focus on renewable energy and low-impact travel options, make it a popular choice among eco-conscious tourists. British Columbia’s vast forests, coastal areas, and wildlife sanctuaries provide an ideal setting for volunteer and scientific tourism, attracting visitors who are passionate about environmental preservation and conservation efforts. As demand for sustainable tourism continues to grow, British Columbia is well-positioned to maintain a strong presence in the market.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Key Player Analysis

  • Responsible Vacation
  • WWF Travel
  • Caribtours Ltd
  • ATTITUDE HOSPITALITY LTD (AHL)
  • Earthwatch Institute
  • Wildlife Conservation Society
  • PADI
  • Conservation Volunteers International Program
  • GoAbroad
  • Bookdifferent
  • Four Communications

Competitive Analysis

The competitive landscape of the Canada SAVE Tourism market features several prominent players, each offering unique sustainable travel experiences and contributing to the market’s growth. Leading players include Responsible Vacation, WWF Travel, Caribtours Ltd, ATTITUDE HOSPITALITY LTD (AHL), Earthwatch Institute, Wildlife Conservation Society, PADI, Conservation Volunteers International Program, GoAbroad, Bookdifferent, and Four Communications. These companies are pivotal in shaping the market by providing eco-friendly travel packages, conservation-focused tourism, and community-based initiatives. For instance, Caribtours Ltd emphasizes responsible tourism practices by encouraging local community engagement and environmental conservation through their travel offerings, ensuring that tourism benefits are shared equitably among local populations. Many players are integrating technology into their services, offering mobile apps, online platforms, and virtual tours that help tourists make eco-friendly decisions and engage with sustainable travel options. A strong emphasis on sustainability certifications, carbon-neutral travel, and low-impact accommodations further distinguishes these companies in a competitive market. The increasing consumer demand for responsible tourism is driving innovation among these competitors, with a focus on reducing environmental impact while enhancing the travel experience. Some players focus on offering unique, hands-on opportunities for travelers to engage in environmental and wildlife conservation, while others cater to those seeking cultural immersion or educational experiences centered around sustainability. Partnerships with local communities, government bodies, and environmental organizations play a key role in ensuring these companies maintain high standards of sustainability. As competition intensifies, companies are increasingly differentiating themselves through marketing strategies that highlight their commitment to environmental preservation and social responsibility.

Recent Developments

  • In June 2024, GoPro, PADI, and the Tourism Authority of Thailand (TAT) collaborated to promote ocean health and sustainable tourism. Activities included GoPro Workshops for capturing underwater beauty and the SeaGlass workshop for repurposing marine debris. The event aimed to inspire responsible travel and marine conservation through storytelling and visual documentation. Additionally, the launch of Thailand’s first PADI Instructor course on Koh Tao will enable new instructors to teach the GoPro PADI Distinctive Specialty Course, further supporting marine conservation efforts.
  • In January 2024, Agoda expanded its partnership with WWF, pledging USD 1 million to support eight conservation projects in Southeast Asia through the Eco Deals Program. Key initiatives include donating USD 1 per booking to conservation efforts and supporting significant milestones such as volunteer training sessions in Singapore, ranger training in Cambodia, reforestation in Indonesia, and successful anti-poaching patrols in Malaysia.
  • In November 2023, Jersey Overseas Aid (JOA) launched its 2024 volunteering projects, expanding from three to four destinations due to high demand. Volunteers could work on diverse initiatives in Malawi, Kenya, Rwanda, and Nepal, including building schools, supporting local teachers, and constructing sand dams. The program, running for over 50 years, focused on sustainability and impactful volunteer work, fostering long-term community connections and personal development. JOA also planned to introduce online volunteering opportunities in Accountancy and Health by Spring 2024.

Market Concentration & Characteristics

The Canada SAVE Tourism market exhibits moderate concentration, with a mix of established players and emerging companies offering sustainable travel experiences. The market is characterized by a growing number of businesses focusing on eco-friendly tourism, conservation efforts, and educational travel. These companies cater to an increasingly eco-conscious consumer base, seeking low-impact, responsible tourism options. While larger, well-established players dominate key regions like Ontario and Quebec, smaller, niche operators are also gaining traction by offering specialized, community-based, or volunteer tourism experiences. The market is marked by a diverse range of offerings, including scientific tourism, volunteer programs, and sustainable travel packages that appeal to different age groups and preferences. Collaboration with local communities, government bodies, and environmental organizations is common, ensuring that tourism development aligns with sustainability goals. As demand for responsible tourism rises, the market continues to evolve, attracting both large players and innovative startups focusing on sustainability.

Report Coverage

The research report offers an in-depth analysis based on Type, Age Group, Sales Channel and Geography. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

  1. The Canada SAVE Tourism market is expected to continue its growth trajectory, driven by increasing consumer demand for sustainable and eco-friendly travel options.
  2. Technological advancements, such as eco-friendly mobile apps and virtual tours, will play a significant role in enhancing the travel experience and promoting sustainability.
  3. Governments and tourism authorities are likely to increase support for green initiatives, providing incentives for businesses to adopt sustainable practices.
  4. The growing trend of carbon-neutral travel will encourage more tourism operators to offer eco-certifications and promote low-impact travel experiences.
  5. There will be a rise in the number of eco-friendly accommodations, as travelers increasingly prefer sustainable lodging options that minimize environmental impact.
  6. Indigenous and community-based tourism will gain prominence, with more travelers seeking authentic cultural experiences that support local communities.
  7. Scientific and volunteer tourism will continue to expand, offering opportunities for travelers to engage in environmental conservation projects and wildlife protection efforts.
  8. Demand for educational tourism focused on sustainability and environmental conservation is expected to grow, attracting students and eco-conscious travelers.
  9. As more companies focus on sustainability, competition will intensify, driving innovation in eco-tourism services and offerings.
  10. The market’s expansion will be supported by increasing global awareness of environmental issues and the role of tourism in sustainable development.

CHAPTER NO. 1 : INTRODUCTION 17

1.1.1. Report Description 17

Purpose of the Report 17

USP & Key Offerings 17

1.1.2. Key Benefits for Stakeholders 17

1.1.3. Target Audience 18

1.1.4. Report Scope 18

CHAPTER NO. 2 : EXECUTIVE SUMMARY 19

2.1. Canada SAVE Tourism Market Snapshot 19

2.1.1. Canada SAVE Tourism Market, 2018 – 2032 (USD Million) 20

CHAPTER NO. 3 : CANADA SAVE TOURISM MARKET – INDUSTRY ANALYSIS 21

3.1. Introduction 21

3.2. Market Drivers 22

3.2.1. Increasing Environmental Awareness 22

3.2.2. Government and Non-Government Organization (NGO) Support 23

3.3. Market Restraints 24

3.3.1. Infrastructure and Accessibility Issues 24

3.4. Market Opportunities 25

3.4.1. Market Opportunity Analysis 25

3.5. Porter’s Five Forces Analysis 26

CHAPTER NO. 4 : ANALYSIS COMPETITIVE LANDSCAPE 27

4.1. Company Market Share Analysis – 2023 27

4.1.1. Canada SAVE Tourism Market: Company Market Share, by Volume, 2023 27

4.1.2. Canada SAVE Tourism Market: Company Market Share, by Revenue, 2023 28

4.1.3. Canada SAVE Tourism Market: Top 6 Company Market Share, by Revenue, 2023 28

4.1.4. Canada SAVE Tourism Market: Top 3 Company Market Share, by Revenue, 2023 29

4.2. Canada SAVE Tourism Market Company Revenue Market Share, 2023 30

4.3. Company Assessment Metrics, 2023 31

4.3.1. Stars 31

4.3.2. Emerging Leaders 31

4.3.3. Pervasive Players 31

4.3.4. Participants 31

4.4. Start-ups /SMEs Assessment Metrics, 2023 31

4.4.1. Progressive Companies 31

4.4.2. Responsive Companies 31

4.4.3. Dynamic Companies 31

4.4.4. Starting Blocks 31

4.5. Strategic Developments 32

4.5.1. Acquisitions & Mergers 32

New Product Launch 32

Regional Expansion 32

4.6. Key Players Product Matrix 33

CHAPTER NO. 5 : PESTEL & ADJACENT MARKET ANALYSIS 34

5.1. PESTEL 34

5.1.1. Political Factors 34

5.1.2. Economic Factors 34

5.1.3. Social Factors 34

5.1.4. Technological Factors 34

5.1.5. Environmental Factors 34

5.1.6. Legal Factors 34

5.2. Adjacent Market Analysis 34

CHAPTER NO. 6 : CANADA SAVE TOURISM MARKET – BY TYPE SEGMENT ANALYSIS 35

6.1. Canada SAVE Tourism Market Overview, by Type Segment 35

6.1.1. Canada SAVE Tourism Market Revenue Share, By Type, 2023 & 2032 36

6.1.2. Canada SAVE Tourism Market Attractiveness Analysis, By Type 37

6.1.3. Incremental Revenue Growth Opportunity, by Type, 2024 – 2032 37

6.1.4. Canada SAVE Tourism Market Revenue, By Type, 2018, 2023, 2027 & 2032 38

6.2. Scientific 39

6.3. Academic 40

6.4. Volunteer 41

6.5. Education 42

CHAPTER NO. 7 : CANADA SAVE TOURISM MARKET – BY AGE GROUP SEGMENT ANALYSIS 43

7.1. Canada SAVE Tourism Market Overview, by Age Group Segment 43

7.1.1. Canada SAVE Tourism Market Revenue Share, By Age Group, 2023 & 2032 44

7.1.2. Canada SAVE Tourism Market Attractiveness Analysis, By Age Group 45

7.1.3. Incremental Revenue Growth Opportunity, by Age Group, 2024 – 2032 45

7.1.4. Canada SAVE Tourism Market Revenue, By Age Group, 2018, 2023, 2027 & 2032 46

7.2. 18-34 Years 47

7.3. 35-54 Years 48

7.4. 55-64 Years 49

7.5. 65+ Years 50

CHAPTER NO. 8 : CANADA SAVE TOURISM MARKET – BY SALES CHANNEL SEGMENT ANALYSIS 51

8.1. Canada SAVE Tourism Market Overview, by Sales Channel Segment 51

8.1.1. Canada SAVE Tourism Market Revenue Share, By Sales Channel, 2023 & 2032 52

8.1.2. Canada SAVE Tourism Market Attractiveness Analysis, By Sales Channel 53

8.1.3. Incremental Revenue Growth Opportunity, by Sales Channel, 2024 – 2032 53

8.1.4. Canada SAVE Tourism Market Revenue, By Sales Channel, 2018, 2023, 2027 & 2032 54

8.2. Travel Agent 55

8.3. Online 56

8.4. Others 57

CHAPTER NO. 9 : CANADA SAVE TOURISM MARKET – ANALYSIS 58

9.1.1. Canada SAVE Tourism Market Revenue, By Type, 2018 – 2023 (USD Million) 58

9.1.2. Canada SAVE Tourism Market Revenue, By Age Group, 2018 – 2023 (USD Million) 59

9.1.3. Canada SAVE Tourism Market Revenue, By Sales Channel, 2018 – 2023 (USD Million) 60

CHAPTER NO. 10 : COMPANY PROFILES 61

10.1. Responsible Vacation 61

10.1.1. Company Overview 61

10.1.2. Product Portfolio 61

10.1.3. Swot Analysis 61

10.1.4. Business Strategy 62

10.1.5. Financial Overview 62

10.2. WWF Travel 63

10.3. Caribtours Ltd 63

10.4. ATTITUDE HOSPITALITY LTD (AHL) 63

10.5. Earthwatch Institute 63

10.6. Wildlife Conservation Society 63

10.7. PADI 63

10.8. Conservation Volunteers International Program 63

10.9. GoAbroad 63

10.10. Bookdifferent 63

10.11. Four Communications 63

List of Figures

FIG NO. 1. Canada SAVE Tourism Market Revenue, 2018 – 2032 (USD Million) 20

FIG NO. 2. Porter’s Five Forces Analysis for Canada SAVE Tourism Market 26

FIG NO. 3. Company Share Analysis, 2023 27

FIG NO. 4. Company Share Analysis, 2023 28

FIG NO. 5. Company Share Analysis, 2023 28

FIG NO. 6. Company Share Analysis, 2023 29

FIG NO. 7. Canada SAVE Tourism Market – Company Revenue Market Share, 2023 30

FIG NO. 8. Canada SAVE Tourism Market Revenue Share, By Type, 2023 & 2032 36

FIG NO. 9. Market Attractiveness Analysis, By Type 37

FIG NO. 10. Incremental Revenue Growth Opportunity by Type, 2024 – 2032 37

FIG NO. 11. Canada SAVE Tourism Market Revenue, By Type, 2018, 2023, 2027 & 2032 38

FIG NO. 12. Canada SAVE Tourism Market for Scientific, Revenue (USD Million) 2018 – 2032 39

FIG NO. 13. Canada SAVE Tourism Market for Academic, Revenue (USD Million) 2018 – 2032 40

FIG NO. 14. Canada SAVE Tourism Market for Volunteer, Revenue (USD Million) 2018 – 2032 41

FIG NO. 15. Canada SAVE Tourism Market for Education, Revenue (USD Million) 2018 – 2032 42

FIG NO. 16. Canada SAVE Tourism Market Revenue Share, By Age Group, 2023 & 2032 44

FIG NO. 17. Market Attractiveness Analysis, By Age Group 45

FIG NO. 18. Incremental Revenue Growth Opportunity by Age Group, 2024 – 2032 45

FIG NO. 19. Canada SAVE Tourism Market Revenue, By Age Group, 2018, 2023, 2027 & 2032 46

FIG NO. 20. Canada SAVE Tourism Market for 18-34 Years, Revenue (USD Million) 2018 – 2032 47

FIG NO. 21. Canada SAVE Tourism Market for 35-54 Years, Revenue (USD Million) 2018 – 2032 48

FIG NO. 22. Canada SAVE Tourism Market for 55-64 Years, Revenue (USD Million) 2018 – 2032 49

FIG NO. 23. Canada SAVE Tourism Market for 65+ Years, Revenue (USD Million) 2018 – 2032 50

FIG NO. 24. Canada SAVE Tourism Market Revenue Share, By Sales Channel, 2023 & 2032 52

FIG NO. 25. Market Attractiveness Analysis, By Sales Channel 53

FIG NO. 26. Incremental Revenue Growth Opportunity by Sales Channel, 2024 – 2032 53

FIG NO. 27. Canada SAVE Tourism Market Revenue, By Sales Channel, 2018, 2023, 2027 & 2032 54

FIG NO. 28. Canada SAVE Tourism Market for Travel Agent, Revenue (USD Million) 2018 – 2032 55

FIG NO. 29. Canada SAVE Tourism Market for Online, Revenue (USD Million) 2018 – 2032 56

FIG NO. 30. Canada SAVE Tourism Market for Others, Revenue (USD Million) 2018 – 2032 57

List of Tables

TABLE NO. 1. : Canada SAVE Tourism Market: Snapshot 19

TABLE NO. 2. : Drivers for the Canada SAVE Tourism Market: Impact Analysis 22

TABLE NO. 3. : Restraints for the Canada SAVE Tourism Market: Impact Analysis 24

TABLE NO. 4. : Canada SAVE Tourism Market Revenue, By Type, 2018 – 2023 (USD Million) 58

TABLE NO. 5. : Canada SAVE Tourism Market Revenue, By Type, 2024 – 2032 (USD Million) 58

TABLE NO. 6. : Canada SAVE Tourism Market Revenue, By Age Group, 2018 – 2023 (USD Million) 59

TABLE NO. 7. : Canada SAVE Tourism Market Revenue, By Age Group, 2024 – 2032 (USD Million) 59

TABLE NO. 8. : Canada SAVE Tourism Market Revenue, By Sales Channel, 2018 – 2023 (USD Million) 60

TABLE NO. 9. : Canada SAVE Tourism Market Revenue, By Sales Channel, 2024 – 2032 (USD Million) 60

 

Frequently Asked Questions

What is the current size of the Canada SAVE Tourism market?

The Canada SAVE Tourism market was valued at USD 1,593.57 million in 2024 and is projected to reach USD 2,211.55 million by 2032, growing at a CAGR of 4.18% during the forecast period.

What factors are driving the growth of the Canada SAVE Tourism market?

The market is driven by increasing consumer demand for sustainable travel, government policies promoting eco-tourism, and rising eco-conscious consumerism. Additionally, Canada’s vast natural landscapes and commitment to environmental conservation attract travelers seeking responsible tourism experiences.

What are some challenges faced by the Canada SAVE Tourism market?

Challenges include high operational costs for sustainable tourism businesses, lack of standardized eco-certifications, and limited consumer awareness about sustainable travel options. Additionally, the need for greater infrastructure investment in remote eco-tourism destinations presents a barrier to market expansion.

Who are the major players in the Canada SAVE Tourism market?

Leading companies include Responsible Vacation, WWF Travel, Caribtours Ltd, ATTITUDE HOSPITALITY LTD (AHL), Earthwatch Institute, Wildlife Conservation Society, PADI, Conservation Volunteers International Program, GoAbroad, Bookdifferent, and Four Communications, all of which focus on promoting responsible and sustainable tourism.

Canada Feminine Hygiene Products Market

Published:
Report ID: 89813

Canada Multimode Dark Fiber Market

Published:
Report ID: 89555

Canada Retail Pharmacy Market

Published:
Report ID: 89537

Canada Cyber Physical Systems Market

Published:
Report ID: 89082

Canada Off-the-Road Tire Market

Published:
Report ID: 88749

Canada Managed Services Market

Published:
Report ID: 65403

Canada Water Pump Market

Published:
Report ID: 88523

Canada Digital Oilfield Solutions Market

Published:
Report ID: 88517

Canada Soy-Based Chemicals Market

Published:
Report ID: 88475

Environmentally Acceptable Lubricants Market

Published:
Report ID: 89911

Environmental Liability Consumer Goods Market

Published:
Report ID: 89910

North America Feminine Hygiene Products Market

Published:
Report ID: 89812

Canada Feminine Hygiene Products Market

Published:
Report ID: 89813

Indonesia Feminine Hygiene Products Market

Published:
Report ID: 89934

Mexico Feminine Hygiene Products

Published:
Report ID: 89981

Spain Feminine Hygiene Products Market

Published:
Report ID: 90011

UAE Feminine Hygiene Products Market

Published:
Report ID: 89810

Turkey Feminine Hygiene Products Market

Published:
Report ID: 90017

South Korea Feminine Hygiene Products Market

Published:
Report ID: 89809

India Feminine Hygiene Products Market

Published:
Report ID: 89797

Fire Retardant OSB Market

Published:
Report ID: 88018

Purchase Options

The report comes as a view-only PDF document, optimized for individual clients. This version is recommended for personal digital use and does not allow printing.
$2699

To meet the needs of modern corporate teams, our report comes in two formats: a printable PDF and a data-rich Excel sheet. This package is optimized for internal analysis and multi-location access, making it an excellent choice for organizations with distributed workforce.
$3699

The report will be delivered in printable PDF format along with the report’s data Excel sheet. This license offers 100 Free Analyst hours where the client can utilize Credence Research Inc.’s research team. It is highly recommended for organizations seeking to execute short, customized research projects related to the scope of the purchased report.
$5699

Credence Staff 3

MIKE, North America

Support Staff at Credence Research

KEITH PHILLIPS, Europe

Smallform of Sample request

Report delivery within 24 to 48 hours

– Other Info –

What people say?-

User Review

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –

Phone

+91 6232 49 3207


support

24/7 Research Support


sales@credenceresearch.com

– Research Methodology –

Going beyond the basics: advanced techniques in research methodology

– Trusted By –

Pepshi, LG, Nestle
Motorola, Honeywell, Johnson and johnson
LG Chem, SIEMENS, Pfizer
Unilever, Samsonite, QIAGEN

Request Sample