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Experts project cultural tourism market to grow at 35.55 percent CAGR by 2021

Culture and tourism experts have projected that the cultural tourism market is expected to grow at a compounded annual growth rate (CAGR) of 35.55 percent between year 2017 and 2021. According to a report by Cultural Tourism Market, major factors such as consumer needs and changes over time, market sales in terms of value and…

Explore the World arrow with beach background. Photo/TalAviation

Culture and tourism experts have projected that the cultural tourism market is expected to grow at a compounded annual growth rate (CAGR) of 35.55 percent between year 2017 and 2021.

According to a report by Cultural Tourism Market, major factors such as consumer needs and changes over time, market sales in terms of value and volume, emerging opportunities, market growth trends, factors driving the market, threats associated with them and market performance of key vendors along with key regions taken into consideration during research.

It notes that the report will help determine how the market will evolve to make confident decisions to capture new opportunities, even as market insights over the past five years and a forecast until 2021 were provided.

The report also contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Industry experts project Cultural Tourism market to grow at a CAGR of 35.55 per cent during the period 2017-2021.

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