The new report by Expert Market Research titled, ‘Global Camping Equipment Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global camping equipment market, assessing the market based on its segments like types, distribution channels, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
- Forecast CAGR (2022-2027): 1%
The increasing consumer demand for efficient camping equipment is projected to drive the market growth in the forecast period. This can be attributed to the increased consumer interest in recreational activities such as trips and excursions to strengthen their mental health and explore new places. This is projected to augment the demand for camping equipment in the forecast period. In addition, the rising purchasing power and improved living standards of people are further projected to bolster the market growth. Further, the camping equipment offers many benefits, such as increased safety and comfort, which is expected to add to its overall popularity in the forecast years.
Industry Definition and Major Segments
Camping equipment are the items used during recreational activities such as hiking, fishing, and camping, among others. These equipment mainly consists of a first aid kit, blankets, tent, personal care products, and lanterns, among others.
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The camping equipment industry, by product type, is classified into:
- Camping Furniture
- Camping Backpacks
- Tents
- Cooking Systems and Cookware
- Camping Gear and Accessories
Based on distribution channel, the market is divided into:
- Online Retail Channel
- Offline Retail Channel
The regional markets for camping equipment include:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
The legal laws of certain nations such as Sweden and Scotland that allows public camping on private lands and the efforts of the leading market players to encourage recreational activities are projected to augment the market growth in the forecast period. In addition, the growing availability of environment friendly camping equipment is also projected to witness an increased demand in the coming years. For instance, Big Agnes, Inc. introduced the,ir solution-dyed fabric tents that reduce water and energy consumption during manufacturing. Such products are expected to further attract consumer investments, owing to the rising environmental consciousness. Furthermore, the rapid technological advancements in the development of insulated sleeping bags, lightweight camping stoves, easily inflatable tents, and others, coupled with the growing expenditure by the key industry players are expected to aid the market growth in the forecast period.
Key Market Players
The major players in the market are Johnson Outdoors Inc., NEMO Equipment, Inc., Oase Outdoors ApS., AMG Group Ltd., The Coleman Company, Inc., and Big Agnes, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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