Hot Air Balloon Ride is an adventure. A hot air balloon is a lighter-than-air aircraft consisting of a bag, called an envelope, which contains heated air. Suspended beneath is a gondola or wicker basket (in some long-distance or high-altitude balloons, a capsule), which carries passengers and a source of heat, in most cases an open flame caused by burning liquid propane. The heated air inside the envelope makes it buoyant since it has a lower density than the colder air outside the envelope.
According to our (Global Info Research) latest study, the global Hot Air Balloon Ride market size was valued at US$ 188 million in 2023 and is forecast to a readjusted size of USD 260 million by 2030 with a CAGR of 4.8% during review period.
Hot Air Balloon Ride market has several key players, like Memories Group Limite, Rainbow Ryders, Inc., Oriental Ballooning, and Urgup Balloons.
Global giant manufactures mainly distributed in Turkey, USA, Egypt, Myanmar, Australia and Europe. Middle East and Africa is the largest consumption region of Hot Air Balloon Ride, with a consumption market share of nearly 30.75% in 2019. The second place is North America; following Middle East and Africa with the consumption market share of 26.12% in 2019.
This report is a detailed and comprehensive analysis for global Hot Air Balloon Ride market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Hot Air Balloon Ride market size and forecasts, in consumption value ($ Million), 2019-2030
Global Hot Air Balloon Ride market size and forecasts by region and country, in consumption value ($ Million), 2019-2030
Global Hot Air Balloon Ride market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030
Global Hot Air Balloon Ride market shares of main players, in revenue ($ Million), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Hot Air Balloon Ride
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Hot Air Balloon Ride market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Memories Group Limited, Rainbow Ryders, Inc., Oriental Ballooning, Urgup Balloons, Sindbad Balloons, Royal Balloon, Hot Air Expeditions, Sundance Balloons, Kapadokya Balloons, Global Ballooning Australia, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Hot Air Balloon Ride market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segmentation
Hot Air Balloon Ride market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Tethered Flight
Free Flight
Market segment by Application
Tourism
Anniversary Celebration
Others
Market segment by players, this report covers
Memories Group Limited
Rainbow Ryders, Inc.
Oriental Ballooning
Urgup Balloons
Sindbad Balloons
Royal Balloon
Hot Air Expeditions
Sundance Balloons
Kapadokya Balloons
Global Ballooning Australia
Universal Balloon
Volare
Napa Valley Balloons, Inc.
Cappadocia Voyager Balloons
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Hot Air Balloon Ride product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Hot Air Balloon Ride, with revenue, gross margin, and global market share of Hot Air Balloon Ride from 2019 to 2024.
Chapter 3, the Hot Air Balloon Ride competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Hot Air Balloon Ride market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Hot Air Balloon Ride.
Chapter 13, to describe Hot Air Balloon Ride research findings and conclusion.
Summary:
Get latest Market Research Reports on Hot Air Balloon Ride. Industry analysis & Market Report on Hot Air Balloon Ride is a syndicated market report, published as Global Hot Air Balloon Ride Market 2024 by Company, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Hot Air Balloon Ride market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.