Camping Equipment Market To Be Dominated By North America During the Forecast Period
The growing inclination of millennials and
GenX to go camping and the increase in activities from tourism organizations to
promote camping are the leading factors driving the global camping equipment
market during the projected period.
According to TechSci Research report, “Camping Equipment Market - Global Industry Size,
Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F.” The global camping equipment
market is expected to grow faster during the forecast period. The increasing number of
people travelling to more places, as well as the incorporation of various
equipment that offers more safety and comfort in terms of the material's size,
weight, and quality are driving the market size of camping equipment
market. Moreover, emergence of camping specific programmes for various age
groups to attract in new travelers, are the various factors that are propelling
the demand for camping equipment across the globe during the forecast period. Moreover,
the market potential for growth is significantly influenced by the rising
popularity of outdoor recreational activities. Consumers are encouraged to
participate in outdoor activities by various factors, including changing
lifestyles and mindsets, demography, rising entertainment spending, and the
mental and physical health advantages of outdoor activities. Outdoor activities
are another way to keep a healthy work-life balance. A growing number of people
enjoy going camping. This is due to the fact that camping promotes the body to
produce more serotonin, which is a neurotransmitter that helps to control
consumers’ mood, appetite, and sleep.
Early retirement, which
allows individuals more time for outdoor recreation, and the ageing population
are two other major reasons influencing the market's expansion. The market for
camping equipment is also being impacted by the increasing penetration of a
diverse range of affordable recreational vehicles. Camping equipment’s product
market have increased safety, while also meeting the practical requirements of
various camping activities. Consumer needs in the market for camping equipment
are being met by both online and offline channels. Moreover, people are finding
it more complicated to spend time with their families and friends due to rising
urbanization and working population. Camping over the weekends enable them to
stay in touch with their loved ones. Outdoor activity is another way to keep a
healthy work-life balance.
According to the survey of
2022 by the North American Camping Club, in North America, 36% of individuals
go camping at least once a year, and 40% accounts for leisure vacation trips.
82% of individuals purchased recreational vehicles (RVs) for camping in 2021,
compared to 66% who preferred to camp in tents.
According to Outdoor
Foundation’s Preliminary Participation data, gains In Hiking, Camping And
Fishing grew 28 percent with 7.9 million additional participants in 2020.
Additionally, various new launches by companies are also expanding the camping
equipment market. For instance, in 2022, Big Agnes has introduced its new 3N1
Sleeping Bag line, which combines three different sleeping bag configurations
into one straightforward yet technical system to provide more versatility and
temperature management than ever before.
Browse over XX market data Figures spread through XX pages and an
in-depth TOC on "Camping Equipment Market.”
The global camping equipment market is segmented based on product type,
application, and distribution channel.
In terms of product
type, the market is divided into camping furniture, camping backpacks, camping
tents, camping cooking systems and cookware, camping accessories. Among these,
the backpacks segment is anticipated to represent a sizeable percentage of the
market due to the extensive use of outdoor backpacks for camping, hiking, and
bicycling. Based on application, the market is further divided into personal
and commercial.
Based on distribution
channels, the market is fragmented into supermarkets/hypermarkets, specialty
sporting stores, local sports shops, online, and non-retail. Specialty Sporting
Stores has a significate share as these outlets carry reputable brands of
camping equipment and people are also more likely to prefer specialized
services.
The market analysis also
studies the regional segmentation to devise regional market segmentation,
divided among North America, Europe, Asia-Pacific, South America, and Middle
East & Africa. North America accounted for the largest share of the camping
equipment market, with United States being the major market, followed by Canada
and Mexico. The increased number of consumers demonstrating their interest in
camping has further propelled spending on camping equipment.
Key
market players in the global camping equipment market include:
- Johnson Outdoor Inc.
- Nemo Equipment, Inc.
- Oase Outdoors ApS.
- Zempire Camping Equipment
- Newell Brands Inc.
- AMG Group Ltd
- Exxel Outdoors LLC
- Montbell Co. Ltd.
- Big Agnes, Inc.
- VF Corporation (The North Face)
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“The growing popularity of outdoor activities such as camping is boosting the
market for camping equipment. Moreover,
rising number of people travelling to more places enhanced the
market for camping equipment, along with introducing equipment that
offers more safety and comfort. The rise in health and fitness
awareness, the rise in camping, the spike in tourist association initiatives to
promote camping activities, and the high interest of the young population
towards camping are the primary drivers of the expansion of the global
camping equipment market.”, said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based global management consulting firm.
“Camping Equipment Market - Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F. Segmented
By Product Type (Camping Furniture, Camping Backpacks, Camping Tents, Camping
Cooking Systems and Cookware, Camping Accessories), By Application (Personal
Vs. Commercial), By Distribution Channel (Supermarkets/Hypermarkets, Specialty
Sporting Stores, Local Sports Shops, Online, Non-Retail), By Region,
Competition, Forecast & Opportunities, 2018-2028F”, has evaluated the future growth
potential of camping equipment in the global market and provides statistics and
information on market structure, size, share, and future growth. The report is
intended to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities present in the global camping equipment market.
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