Camping Equipment Market Set to Reach USD 27.24 Billion by 2030, Exhibiting a CAGR of 6.7%
Summary: The global camping equipment market is projected to grow from USD 17.30 billion in 2023 to USD 27.24 billion by 2030, at a CAGR of 6.7%. The market's growth is driven by the rising popularity of outdoor recreational activities and the increasing preference for sustainable and lightweight camping gear. The market's expansion is expected to continue due to the growing awareness of the health benefits associated with outdoor activities.
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A) Market Size: The global camping equipment market was valued at USD 17.30 billion in 2023 and is anticipated to reach USD 27.24 billion by 2030, exhibiting a CAGR of 6.7% during the forecast period (2024-2030). The surge in outdoor recreational activities, especially camping, has fueled the demand for advanced camping equipment, propelling market growth.
B) Overview: The camping equipment market is witnessing robust growth as outdoor enthusiasts continue to embrace nature. From lightweight tents to durable backpacks and efficient cooking systems, the market offers a wide range of products designed to enhance the camping experience. The rise in eco-friendly and sustainable products is also contributing to the market's expansion, as consumers increasingly prioritize environmental responsibility.
C) Market Scope: The market report offers a comprehensive analysis of current trends, market dynamics, and key growth factors. It highlights significant developments that are shaping the industry, providing valuable insights into competitive strategies, market dynamics, and growth opportunities. The report also assists in evaluating the efficacy of current marketing strategies and identifying areas for improvement.
D) Dynamics: The market dynamics are influenced by several factors, including the increasing popularity of outdoor activities, advancements in camping gear technology, and the shift towards sustainable products. The growing awareness of health and wellness benefits associated with outdoor activities is also driving market growth. However, challenges such as the high cost of advanced equipment and the availability of counterfeit products may hinder the market's expansion.
E) Segmentation: The camping equipment market is segmented by product type, type, and distribution channel:
- Product Type: Backpacks, Sleeping Bags, Tents and Accessories, Camping Cookware System, Others
- Type: Camping Furniture, Camping Backpacks, Tents, Cooking Systems and Cookware, Camping Gear and Accessories
- Distribution Channel: Offline Stores, Online Stores
F) Major Manufacturers:
- MountCraft
- Macleay Interactive Design Inc.
- Adventure Gear
- Pinnacle Tents
- Trek Kit India
- SUPAPEG Australia
- Gipfel Climbing
- STEPIN ADVENTURE
- Xinhongwei International Camping Equipment Manufacture Co. Ltd.
- Outdoor TravelGear
- Johnson Outdoor Inc.
- Newell Brands
- AMG Group Ltd
- Exxel Outdoor LLC
- Mont-bell Co. Ltd.
- Nemo Equipment Inc.
- Oase Outdoor ApS
G) Regional Analysis: The report covers the market across several key regions, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. Each region is analyzed based on market size, growth rate, import and export activities, and key trends.
H) COVID-19 Impact Analysis: The COVID-19 pandemic initially disrupted the camping equipment market due to lockdowns and travel restrictions. However, the market quickly rebounded as people sought outdoor activities that allowed for social distancing. The pandemic accelerated the trend towards camping and outdoor recreation, boosting the demand for camping equipment.
I) Key Questions Answered:
- Which product segment holds the largest share in the market?
- What is the competitive landscape of the global camping equipment market?
- What are the main factors driving market growth?
- Which region has the most significant market share?
- What will be the market's CAGR during the forecast period?
- Which application segment emerged as the leading segment in the market?
- Who are the key players in the market?
- What important trends are expected to develop in the market over the next few years?
- How large will the camping equipment market be by 2030?
- Which business had the greatest market share?
J) Table of Contents:
- Introduction
- Market Overview
- Market Dynamics
- Market Segmentation
- Competitive Landscape
- Regional Analysis
- COVID-19 Impact Analysis
- Key Questions Answered
- Conclusion
- About Us
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