Increase in awareness of health & wellness, desire for
nature-based experiences, and technological advancements are the
factors that drive the growth of the nature retreat market.
WILMINGTON, Del., April 24, 2024 /PRNewswire/ -- Allied Market
Research published a report, titled, "Nature Retreat Market by
Location (Coastal Areas, Mountain, Forest
Areas, and Others), Accommodation Type (Luxury Resorts,
Eco-friendly Lodges, Camping Sites, and Others), and Target Group
(Solo, Friends/Group, Couple, and Family): Global Opportunity
Analysis and Industry Forecast, 2024–2035". According to the
report, the global nature retreat market was valued at $33.9 billion in 2023, and is projected to reach
$80.8 billion by 2035, registering a
CAGR of 7.2% from 2024 to 2035.
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Prime determinants of growth
Rise in awareness of health and wellness drives the expansion of
the nature retreat market. However, the growth of the nature
retreat market is restricted by infrastructure and accessibility
challenges. On the other hand, market expansion and global reach
present remunerative opportunities for the expansion of nature
retreat during the forecast period.
Report coverage & details:
Report
Coverage
|
Details
|
Forecast
Period
|
2024–2035
|
Base Year
|
2023
|
Market Size in
2023
|
$33.9
billion
|
Market Size in
2035
|
$$80.8
billion
|
CAGR
|
7.2 %
|
No. of Pages in
Report
|
250
|
Segments
Covered
|
Location, Accommodation
Type, Target Group, and Region
|
Drivers
|
•
Increase in Awareness of Health and Wellness
•
Desire for Nature-Based Experiences
•
Technological Advancements
|
Opportunities
|
•
Diversification of Offerings
•
Market Expansion and Global Reach
|
Restraints
|
•
Infrastructure and Accessibility Challenges
•
Regulatory Compliance and Land Use Restrictions
|
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Tables, and Figures): https://tinyurl.com/4wpf846r
The coastal areas segment to maintain its leadership status
throughout the forecast period
By location, the coastal areas segment held the highest market
share in 2023, accounting for more than two-fifths of the nature
retreat market share and is estimated to maintain its leadership
status throughout the forecast period. Coastal areas provide a
unique and enticing environment for natural retreats, integrating
the healing properties of oceanic surroundings with the beauty of
the surrounding landscape. The forest areas segment showcases the
fastest CAGR of 7.8% during the forecast period. Forest areas are
great places for nature retreats because they have quiet
surroundings, a wealth of animals, and possibilities for outdoor
pursuits like hiking, birdwatching, and meditation. In these
charming locations, visitors can relax, rejuvenate, and reestablish
a connection with nature.
The luxury resorts segment to maintain its leadership status
throughout the forecast period
By accommodation type, the luxury resorts segment held the
highest market share in 2023, accounting for nearly two-fifths of
the nature retreat market revenue and is estimated to maintain its
leadership status throughout the forecast period. Luxury resorts in
the market for nature retreats provide upscale lodging options that
appeal to discerning tourists looking for exceptional facilities
and services in a natural setting. The camping sites segment,
however, showcases the fastest CAGR of 7.7% during the forecast
period. In the market for nature retreats, camping sites appeal to
nature enthusiasts looking for a more immersive and rustic lodging
experience. These locations frequently have fire pits, tent pads,
and restrooms, enabling visitors to enjoy the beauty of the
surrounding environment closely.
The couple segment to maintain its leadership status
throughout the forecast period
By target group, the couple segment held the highest market
share in 2023, accounting for nearly two-fifths of the nature
retreat market revenue and is estimated to maintain its leadership
status throughout the forecast period. This segment showcases the
fastest CAGR of 7.5% during the forecast period. This group is
attracted to ideas of privacy, romance, and possibilities for
spending quality time together. Additionally, couples looking for
unique experiences may be attracted to packages offered for special
events like anniversaries or honeymoons.
Asia-Pacific to maintain its
dominance by 2035
By region, North America held
the highest market share in terms of revenue in 2023 and is likely
to dominate the market during the forecast period. The market for
nature retreats is large and diverse in North America, offering options for a wide
range of interests and preferences. Travelers looking to get back
in touch with nature have plenty of alternatives in this region,
from eco-friendly glamping sites close to national parks to private
cabins in the mountains. However, the Asia-Pacific region is expected to witness the
fastest CAGR of 8.0% from 2024-2035. The market for nature retreats
is expanding quickly in the Asia-Pacific region due to rising interest in
eco-friendly travel, immersive environment-based experiences, and
wellness tourism. Travelers from overseas and from within the
country are attracted to countries such as Thailand, Indonesia, and Sri
Lanka, which are becoming increasingly popular as nature
retreat destinations.
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Strategies:
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Leading Market Players: -
- Alila Hotels and Resorts
- Aman Resorts
- Ananda in the Himalayas
- andBeyond
- Banyan Tree Hotels & Resorts
- Carmel Valley Ranch
- Chena Huts by Uga Escapes
- Clayoquot Wilderness Resort
- COMO Hotels and Resorts
- Fogo Island Inn
The report provides a detailed analysis of these key players in
the nature retreat market. The report is valuable in highlighting
business performance, operating segments, product portfolio, and
strategic moves of market players to showcase the competitive
scenario.
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