The Australia tourism market size reached USD 14.87 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 21.23 Billion by 2032, exhibiting a growth rate (CAGR) of 4.30% during 2024-2032. There are various factors that are driving the market, which include natural attractions, rising focus on sustainable experience, favorable government initiatives, and increasing utilization of digital marketing and social media to attract potential tourists.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023 | USD 14.87 Billion |
Market Forecast in 2032 | USD 21.23 Billion |
Market Growth Rate 2024-2032 | 4.30% |
Natural Attractions
Tourism Australia states that in June 2024, there were approximately 660,330 visitor arrivals. Australia's natural beauty, cultural landmarks, and pleasant climate are drawing more and more tourists. Its natural attractions are a major source of foreign visitor traffic. Uluru holds great significance for the Anangu Indigenous people. Its spiritual and cultural significance, together with the legends and customs surrounding it, frequently captivate visitors. Additionally, the massive sandstone monolith’s changing colors, particularly at sunrise and sunset, provide breathtaking views that appeal to photographers and nature enthusiasts. Besides this, Australia’s national parks feature a wide range of ecosystems, ranging from tropical rainforests and arid deserts to temperate forests and alpine regions. They offer a unique flora and fauna that appeal to nature lovers and researchers. Australia is also known for its iconic views including the Sydney Opera House and Sydney Harbour Bridge.
Rising Focus on Sustainable Experience
On 6 September 2024, Accor accomplished a significant step forward in its sustainability journey with the Sustainable Tourism Certification of its 100th hotel in Australia by Ecotourism Australia. There is a wide availability of eco-friendly hotels, lodges, and resorts that are certified for their sustainability practices in Australia. These accommodations frequently recycle their waste, employ renewable energy, and prioritize water conservation. In natural destinations like the Great Barrier Reef and tropical rainforests, eco-resorts are designed to minimize environmental impact while offering unique experiences. Sustainable building materials and procedures are frequently utilized by these resorts, which prioritize harmony with the natural world. Travelers are becoming more conscious of their travel choices and choosing travel destinations and services that align with their values. Besides this, tour operators are adopting practices that reduce their environmental footprint such as using electric or hybrid vehicles, minimizing waste, and supporting local communities. Furthermore, governing agencies in Australia are promoting sustainability through various initiatives and standards. This includes supporting certifications like EarthCheck and Green Globe, which help businesses and destinations meet sustainability criteria.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional and country levels for 2024-2032. Our report has categorized the market based on travel purpose, travel type, tourism type, mode of booking, and age group.
Travel Purpose Insights:
The report has provided a detailed breakup and analysis of the market based on the travel purpose. This includes leisure tourism, business tourism, medical tourism, cultural and heritage tourism and others.
Travel Type Insights:
A detailed breakup and analysis of the market based on the travel type have also been provided in the report. This includes solo, and group.
Tourism Type Insights:
The report has provided a detailed breakup and analysis of the market based on the tourism type. This includes domestic tourism and international tourism.
Mode of Booking Insights:
A detailed breakup and analysis of the market based on the mode of booking have also been provided in the report. This includes OTA platform, and direct booking.
Age Group Insights:
The report has provided a detailed breakup and analysis of the market based on the age group. This includes below 30 years, 30 to 41 years, 42 to 49 years, and 50 years and above.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | USD Billion |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Travel Purposes Covered | Leisure Tourism, Business Tourism, Medical Tourism, Cultural and Heritage Tourism, Others |
Travel Types Covered | Solo, Group |
Tourism Types Covered | Domestic Tourism, International Tourism |
Mode of Bookings Covered | OTA Platform, Direct Booking |
Age Groups Covered | Below 30 Years, 30 to 41 Years, 42 to 49 Years, 50 Years and Above |
Regions Covered | Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |