The camping equipment market is driven by Rise in active camper
households in North America,
Growth in inclination of millennial and Gen X toward camping,
Increase in number of recreational activities enthusiasts globally
and Rise in camping as a social activity. Moreover, the rapid
advancement in the camping equipment industry has led to change in
dynamics and made it easier for both customers and organizers to
organize the market smoothly.
WILMINGTON, Del., April 23, 2024 /PRNewswire/ -- Allied Market
Research published a report, titled " Camping Equipment
Market by Type camping furniture, camping
backpacks, tents, cooking systems and cookware, and camping gear
& accessories), application (personal and commercial),
distribution channel (business to business, supermarkets and
hypermarkets, specialty sporting stores, online retailers and
others),: Global Opportunity Analysis and Industry Forecast,
2023–2032 ". According to the report, the
camping equipment market was valued at $23.3
billion in 2022 and is estimated to reach
$51.8 billion by 2032,
exhibiting a CAGR of 8.6% from 2023 to 2032.
Download Sample Pages of Research Overview:
https://www.alliedmarketresearch.com/request-sample/A16935
Camping equipment refers to the various tools, gear, and
supplies specifically designed and utilized for outdoor camping
activities. These items are essential for creating a comfortable
and functional camping experience, enabling individuals or groups
to set up temporary shelters, prepare meals, and address various
needs while spending time in nature. Camping equipment encompasses
a wide range of items, including tents, sleeping bags, cooking
utensils, portable stoves, lanterns or flashlights, backpacks,
camping chairs, sleeping pads, and other accessories tailored to
the demands of outdoor living. The selection of camping equipment
is influenced by factors such as the type of camping which includes
backpacking, car camping, the season, and individual preferences,
with an emphasis on providing convenience, safety, and enjoyment
during the camping adventure.
Prime determinants of growth
The growth of the camping equipment industry is majorly driven
by many factors. The increased emphasis on sustainability and
eco-friendly products, with consumers increasingly seeking camping
gear that minimizes environmental impact. Moreover, the lightweight
and compact gear have gained popularity, particularly among
backpackers, as innovations in materials and design offer
functionality without added weight. The integration of smart
technology into camping gear, such as solar-powered tents and
portable power stations, is on the rise, enhancing convenience and
connectivity during outdoor adventures. In addition, the emergence
of "glamping" has led to a demand for high-end, luxurious camping
equipment, including stylish tents and premium bedding. The shift
towards online sales channels, a focus on health and wellness
features in camping gear, and the trend of customization to meet
individual preferences are also notable factors shaping the market.
Furthermore, the ongoing innovations in materials, incorporating
lighter yet durable fabrics and eco-friendly options, continue to
influence the design and production of camping equipment.
Report coverage & details:
Report
Coverage
|
Details
|
Forecast
Period
|
2023–2032
|
Base
Year
|
2022
|
Market Size in
2022
|
$23.3 billion
|
Market Size in
2032
|
$51.8
billion
|
CAGR
|
8.6 %
|
No. of Pages in
Report
|
290
|
Segments
covered
|
type, application,
distribution channel, and region.
|
Drivers
|
Rise in active camper
households in North America
Growth in inclination
of millennial and Gen X toward camping
Increase in number of
recreational activities enthusiasts globally
Increase in number of
recreational activities enthusiasts globally
|
Opportunities
|
Growth in Product
Innovation
Rapid growth of online
retail platform
|
Restraints
|
Increase in number of
recreational activities enthusiasts globally
Availability of
counterfeit products
Economic
uncertainty
|
Procure Complete Report (290 Pages PDF with Insights, Charts,
Tables, and Figures): https://tinyurl.com/2y23yayk
The camping backpacks segment to maintain its
leadership status throughout the forecast period
Based on type, the camping backpacks segment held the highest
market share in 2022, accounting for more than two-thirds of the
camping equipment market revenue and is estimated to maintain its
leadership status throughout the forecast period. The increasing
interest in outdoor recreational activities that offer ease of
transportation is fueling the demand for camping backpacks. These
backpacks offer various benefits, including being lightweight,
versatile, cost-effective, and featuring excellent pocket
organization. The reliability of these attributes is driving the
momentum of the camping backpacks market. However, the global
apparel, backpacks, and accessories industry is anticipated to
experience unpredictable growth in 2020 due to significant
disruptions in the supply chain caused by the COVID-19 pandemic.
Additionally, the limited demand for camping backpacks across
diverse nations, attributed to the added costs and size
requirements in various business verticals within those countries,
serves as a hindrance to the overall growth of the global camping
backpacks market.
The application segment to maintain its
leadership status throughout the forecast period
Based on application, the personal segment held the highest
market share in 2022, accounting for more than two-fifth of the
camping equipment market revenue and is estimated to maintain its
leadership status throughout the forecast period. In the
Asia-Pacific region, campers tend
to favor commercial camping services over individual activities due
to low consumer interest and insufficient camping facilities. As
per The American Camping Report, there was a notable increase in
the commercial segment, rising from 15% in 2019 to 22% in 2020.
However, despite this growth, the commercial segment accounted for
a lower market share in terms of value in the year 2022.
The business to business segment to
maintain its leadership status throughout the forecast
period
Based on distribution channel, the business to business segment
held the highest market share in 2022, accounting for more than
four-fifth of the camping equipment market revenue and is estimated
to maintain its leadership status throughout the forecast period.
The camping industry is experiencing growth in emerging regions
such as Asia-Pacific
and LAMEA, where consumers lack awareness of camping
methods, equipment, and accessories. The travel agencies offer
camping trips and organized vacations to tourists. In this
scenario, these agencies often procure camping equipment in bulk
directly from manufacturers or wholesalers. Consequently, camping
equipment manufacturers emphasize a B2B approach to expand their
global market presence and scale their market size.
The North
America segment to maintain its leadership status
throughout the forecast period
Based on region, the North
America segment held the highest market share in 2022,
accounting for more than four-fifth of the camping equipment market
revenue and is estimated to maintain its leadership status
throughout the forecast period. Camping engagement has consistently
risen among millennials and Generation Z, surpassing that of the
general population. Moreover, camping have witnessed an increase
among the older demographic in 2020. The camper demographic is
becoming more diverse, representing various age groups and
communities. In 2020, non-white groups constituted 60% of
first-time campers. Interestingly, 79% of those who initiated
camping in a tent in 2020 continued to prefer tent camping, while
only 31% of those who started in a cabin or glamping accommodation
continued with that preference. This trend indicates a growing
interest in camping across the general population, contributing to
increased demand for camping equipment in the region.
Want to Access the Statistical Data and Graphs, Key Players'
Strategies:
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Leading Market Players: -
- AMG-GROUP
- BIG AGNES, INC.
- DOMETIC GROUP AB
- EXXEL OUTDOORS, LLC
- HILLEBERG THE TENTMAKER AB
- JOHNSON OUTDOORS INC.
- NEWELL BRANDS INC.
- OASE OUTDOORS APS
- SIMEX OUTDOOR INTERNATIONAL GMBH
- VF CORPORATION
The report provides a detailed analysis of the key players of
the global Camping Equipment Market. These players are employing
various strategies including launching new products, entering
collaborations, expanding operations, forming joint ventures, and
signing agreements, all aimed at boosting their market share and
securing their competitive position across different regions. The
report is valuable in highlighting business performance, operating
segments, product portfolio, and strategic moves of market players
to showcase the competitive scenario.
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