Space tourism: a $19.12 billion market by 2032

According to Stratview Research, the global space tourism market would rise from $1.05 billion in 2024 to $19.12 billion in 2032, supported by a compound annual growth rate (CAGR) of 43.6% over 2025–2032

The wait is drawing to a close. Stratview Research, a specialist research firm, anticipates an acceleration in space tourism by 2032. The term “space tourism” describes the commercial industry enabling private individuals and organisations to access space for leisure, adventure or research, covering both orbital and sub‑orbital flights; this market would reach USD 19.12 billion (EUR 16.12 billion) by that date, compared with USD 1.05 billion in 2024. The analysis offers a global view structured by type of flight, end use and region, and underscores the growing appetite for more immersive experiences.

The study distinguishes sub‑orbital flights, which offer a few minutes of weightlessness, from orbital missions, associated with longer stays around Earth. The orbital segment is expected to post the fastest growth, driven by advances in spacecraft and a rise in longer‑duration projects.

Several drivers underpin this trajectory in a tourism sector that places a premium on the “experience” and the inspirational pull of social media. Consumers’ appetite for once‑in‑a‑lifetime experiences, media amplification, and the engagement of high‑net‑worth individuals and private players, together with progress in spacecraft design, propulsion and safety systems, are improving relative accessibility and strengthening the viability of commercial offerings. In parallel, collaborations between government space agencies and private companies are accelerating service maturity and commercialisation.

Stratview Research identifies North America as both the leading and most dynamic market, thanks to a mature aerospace ecosystem, strong R&D capabilities and the presence of pivotal players. The competitive landscape includes Blue Origin, Virgin Galactic, SpaceX, Airbus, Boeing, Zero Gravity Corporation, Axiom Space, Rocket Lab, Space Adventures and Space Perspective.

The context remains fluid: in early 2026, Blue Origin announced a pause in its sub‑orbital flights, a factor that may temporarily affect supply but which, the authors believe, does not call into question the report’s conclusions. These are consistent with analogous work: IMARC puts the economic weight at USD 20.1 billion in 2033, while Future Market Insights estimates it could reach USD 62.1 billion by 2036.