Nepal’s eco trekking market poised to reach $835 mn in 2022
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Nepal’s eco trekking market poised to reach $835 mn in 2022

News  
10-13-2022
 

According to Future Market Insights, the Nepal eco trekking market is poised to reach a valuation of US$ 835 million in 2022. Demand is projected to increase at a 3.6% CAGR during the forecast period.

The country’s forest’s biodiversity, peaceful lakes, raging rivers, rare birds and animals, and other features draw numerous hikers from other countries, expanding the demand for Nepal eco trekking. 

Eco trekking is a pressing topic and one of the tourism industry’s fastest-growing subsectors. Moreover, particularly in poor nations like Nepal, ecotourism is being used as tools to promote sustainable development. Ecotourism places a strong emphasis on using techniques that are favorable to the environment when hiking.

It is done so with the guidance of experienced, skilled, and trained individuals. Employees of Nepali tour operators are encouraged to take an interest in maintaining the delicate balance of nature. The tourism sector, one of Nepal’s key businesses, has contributed 8% of the country’s GDP.

There was a significant employment bubble in the travel and tourism industry as a result of more trekking expeditions leading to more travel firms, expanding the demand for the Nepal eco trekking market.

Up to one million job possibilities have been supported and contributed to by the tourism sector in Nepal, with the well-known Annapurna Circuit hiking route being one of the most lucrative regions. More than 1.35 million jobs are anticipated to be created by the Nepal eco hiking business by 2032.


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