Cultural tourism market set to total US$ 5,931.2 million by 2023

Saturday, April 29, 2023

As per a research, the global cultural tourism market is set to reach US$ 5,931.2 million in 2023.

Over the next ten years, sales in the market will rise at 14.4% CAGR.

This will take the global cultural tourism market size to US$ 22,772.0 million by 2033.

Growing interest towards exploring different cultures is driving the global market forward. Besides this, increasing affordability due to rising disposable income will boost the market through 2033.

Cultural tourism is emerging as one of the most lucrative tourism markets globally. Cultural tourism and interest in culture among travellers is on the rise.

This type of tourism allows tourists to learn and cherish different cultures of the world. Increasing interest of visitors in cultural experiences will elevate demand in the market.

Growing awareness about various cultural and heritage sites through social media platforms is likely to boost sales.

Besides this, integration of advanced technologies and availability of attractive packages will create growth prospects.

Visitors are now offered audio tours to various cultural heritage places, podcasts for cultural sites, and many other experiences. This is bringing diversity to cultural tourism sector.

For instance, Kerala (India) Tourism launched Street Project to enhance experiential tourism market. Its agenda is to take tourism deep into the state’s urban and rural development.

In the first phase, the project would be implemented in the city of Kadalundi which is located in Kozhikode. Then it will be introduced in other cities of the states.

With such experiential development toward cultural tourism infrastructure, countries such as India, Germany, France, and Italy, are experiencing a huge number of travellers’ spike from different parts of the world.

« Back to Page

• India Tourism Boosts as Ram Navami Festival Celebrates in Newly Renovated Ram Temple in Ayodhya

• Month long tourism promotion in China to boost sustainable and cultural tourism

• Changshu Unveiled Yushan Culture & Shajiabang Tourism Festival in China

• HKTB launches ‘Arts In Hong Kong’ initiative to elevate Cultural Tourism with innovative Harbourfront experiences

• Interaction with Aditya Sharma, Regency Holidays at SATTE 2024