Camping Equipment Market Research, 2032
The global camping equipment market was valued at $23.3 billion in 2022, and is projected to reach $51.8 billion by 2032, growing at a CAGR of 8.6% from 2023 to 2032.Increase in interest of consumers toward outdoor activities and leisure tour & plans offer significant landscape for sales of outdoor equipment in the global Camping Equipment industry. Consumers like to enjoy stress-free vacation in various natural places, such as near river, mountain, and forest. An increase in demand for portable accommodation among campers has been witnessed, which boots the sales of camping equipment in the global market.According to the North American Camping Report, in 2020, tent accounted for the largest market share of approx. 56% for accommodation during camping followed by the recreational vehicle and cabin, increasing the Camping Equipment Market Size.In addition, according to American Hiking Organization, an individual consumer spends on an average $50 to $100 on tent camping trip.
Moreover, larger gathering-capable camping equipment are in higher demand as a result of the growing trend of group camping, whether with friends, family, or as formal outdoor events ha increased Camping Equipment Market Growth. It has raised the need for large cooking setups, tents, and accessories that are suitable for large gatherings. In addition, families find camping to be a healthy and unifying activity, which has led to an increase in demand for family-sized tents, cozy sleeping quarters, and kid-friendly camping supplies. Manufacturers are also engaged in designing items that meet the demands of families, such as kid-friendly accessories and tents that are simple to erect. Moreover, camping experiences have been highlighted on social media channels. More individuals are participating as a result of this, which has strengthened the sense of community. According to Eurostat, in 2022, Europe residents spent an estimated $474 Billion on tourism trips.
The growing popularity of camping and the acquisition of necessary gear is due to people's desire to share their outdoor adventures on social media sites such as Facebook and Instagram. This has led to a rise in the market for accessories that are great for gatherings, such as bigger camping coolers, movable furniture, and multipurpose kitchenware that can be used to prepare meals for a large gathering.
The market for camping equipment was severely impacted by COVID-19 and camping equipment demand decreased. This was a result of the laws and regulations set by the governments of various countries worldwide.
Owing to the restrictions placed, there have been fewer travelers overall. In addition, the tourist attractions were closed, which had a big impact on the camping industry. To increase the rate of economic growth in various nations, many of these locations were opened in the third quarter of 2021. Consumers traveled to several locations during this time period and enhanced the camping equipment business at the same time. In UAE, the inaugural Adventure & Camping Exhibition was held in 2019, which was the only event that offered all the latest products for camping, boating, fishing, and more in one place, besides travel information, inspiration, and fun activities.
However, consumers have also reduced their expenditure on recreational things such as camping equipment since they were deemed non-essential during uncertain economic times. Families and individuals are less likely to invest in outdoor equipment for recreational activities such as camping due to growing concerns about their financial security. Furthermore, in situations such as the economic slowdown, when a large segment of the population has less money to spare, people prioritize their basic requirements above leisure activities, which has a negative impact on the market for camping equipment. In addition, fewer individuals went camping as they cut back on their travel owing to the increased financial worries in such situations
The camping equipment market is segmented into Distribution Channel, Type and Application.
The camping equipment market is segmented into type, application, distribution channel, and region. On the basis of type, the Camping Equipment Industry is categorized into camping furniture, camping bagpacks, tents, cooking system & cookwears and camping gears & accessories. On the basis of application, the market is categorized into personal and commercial, On the basis of distribution channel, it is fragmented into business to business, hypermarkets/supermarkets, specialty stores, online retailers, and others. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia and rest of Europe), Asia-Pacific (China, India, Japan, Australia & New Zealand, South Korea, ASEAN and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, MENA and rest of LAMEA).
By type, camping backpacks has the major Camping Equipment Market Share in the year 2022 and is likely to remain dominant during the forecast period.
By application, commercial segment dominated the global market however, personal segment is the fastest growing segment during the forecast period.
By distribution channel, the online sales channel is the fastest growing segment, owing to the growth of internet penetration and smart phones globally, which propels the Camping Equipment Market demand. However, the hypermarkets/supermarkets segment is expected to remain the largest dominating segment of the market owing to high consumption of camping equipment.
By region, Asia-Pacific dominated the global market and is likely to be the fastest growing region during the Camping Equipment Market Forecast period.
The key players analyzed in the report are AMG-Group, Big Agnes, Inc., Dometic Group AB, Exxel Outdoors, LLC, Hilleberg The Tentmaker AB, Johnson Outdoors, Newell Brands, Oase Outdoors ApS, Simex Outdoor International GmbH, and VF Corporation.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the camping equipment market analysis from 2022 to 2032 to identify the prevailing camping equipment market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the camping equipment market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global camping equipment market trends, key players, market segments, application areas, and market growth strategies.
Camping Equipment Market Report Highlights
| Aspects | Details |
 Market Size By 2032 | USD 51.8 billion |
 Growth Rate | CAGR of 8.6% |
 Forecast period | 2022 - 2032 |
 Report Pages | 389 |
 By Distribution Channel |
|
 By Type |
|
 By Application |
|
 By Region |
|
 Key Market Players | Hilleberg The Tentmaker AB, Newell Brands Inc., DOMETIC GROUP AB, AMG-GROUP, SIMEX OUTDOOR INTERNATIONAL GMBH, EXXEL OUTDOORS, LLC, Oase Outdoors ApS, Johnson Outdoors Inc., Big Agnes, Inc., VF Corporation |
Analyst Review
According to the North American Camping Report 2021, camping tent was the most preferred camping
accommodation among first-time campers in 2020 in the U.S. Camping tent accounted for 67% of camping
accommodation, whereas, Rest of the 33% was accounted by recreational vehicle (RV), cabin, and others.
Hectic lifestyle, improper work-life balance, and lack of peace-full environment are the factors associated to a
number of health issues or disorders such as hypertension, hypotension, and depression. Therefore, to avoid
such instances and to make their living more interesting, consumers are looking for leisure holidays and
vacations that can offer them peace and satisfaction. Owing to this, the number of camping service agencies
have expanded in North America and Europe. Consumers who are not keen to buy camping equipment and opt
for camping service agencies to plan their camping are expected to present lucrative opportunity to camping
equipment manufacturers by providing them required equipment in mass volume.
Camping trend has grown rapidly and impacting consumers inclination toward purchasing new and innovative
products in the market. Rise in interest of people toward camping boosts the sales of camping products across
the globe. Companies can operate their business in highly competitive market by launching new products or
updated versions of existing products. Partnership, collaboration, and agreement with key stakeholders are key
strategies to sustain in the market. In the recent past, many leading players opted for product launch or
partnership strategies to strengthen their foothold in the market.
The leading application of Camping Equipment Market is personal application in 2022.
Europe account for largest regional market for Camping Equipment.
The key players analyzed in the report are Big Agnes, Inc., Johnson Outdoors Inc., Newell Brands Inc., Oase Outdoors ApS, VF Corporation, SIMEX OUTDOOR INTERNATIONAL GMBH, Hilleberg The Tentmaker AB, DOMETIC GROUP AB, AMG-GROUP, EXXEL OUTDOORS, LLC.
The camping equipment market was valued at $23,252.40 million in 2022 and is estimated to reach $51,746.70 million by 2032, exhibiting a CAGR of 8.6% from 2023 to 2032.
The camping equipment market was valued at $23,252.40 million in 2022 and is estimated to reach $51,746.70 million by 2032, exhibiting a CAGR of 8.6% from 2023 to 2032.
Loading Table Of Content...
Loading Research Methodology...
