BEIJING, July 13, 2022 (GLOBE NEWSWIRE) — The Global Camping out Equipment Market Size was valued at USD 15, 267 Million in 2021 and is predicted to be worth USD 27, 318 Million by 2030, with a CAGR of 6. 9% from 2022 to 2030.
According to a recent survey, an increasing number of North Americans are discovering the benefits of camping and spending quality time outside among nature, which has resulted in an increase in interest in outdoor recreations and activities such as camping, trekking, and hiking. According to the 2020 North American Camping Report, there are more than 94. 5 million camper residences in North America. In the United States, 48. 2 million households reported camping at least once in 2020, with 10. 1 million families experiencing their first camping experience. As the number of campers and camping activities increases, so do sales associated with camping supplies and equipment, those are required for such leisure activities and fuel the growth of the camping out equipment market.
Camping has numerous advantages, including the fact that it is good for one’s health, both physically and mentally. In advance, recreational and outdoor activities are also beneficial for relationship building, learning and developing new skills, unplugging and disconnecting from electronics, interacting with nature, reducing stress, and increasing physical conditioning. Camping’s fitness benefits have been well documented. Based on research, outdoor physical activity and experiences of connection to nature boost mental stability plus well-being. Camping equipment and materials are becoming increasingly popular among those who like outdoor leisure activities. Camping backpacks, furnishings, tents, personal protection gear, cooking systems, cookware, plus accessories are all available. Camping out equipment market products have improved safety while also satisfying the operational needs of diverse camping actions.
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|Market||Camping Equipment Market|
|Market Size 2021||USD 15, 267 Million|
|Market Forecast 2030||USD 27, 318 Million|
|CAGR During 2022 – 2030||6. 9%|
|Analysis Period||2018 – 2030|
|Forecast Data||2022 – 2030|
|Segments Covered||By Product Type, By Distribution Channel, And By Geography|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
|Key Companies Profiled||Johnson Outdoor Inc., Black Diamond, Nemo Equipment, Inc., Hilleberg, Oase Outdoors ApS., Western Mountaineering, AMG Group, MountCraft, Newell Brands, Macleay Interactive Design Incorporation., and SUPAPEG Australia.|
|Report Coverage||Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Evaluation|
|Customization Scope||10 hrs of free customization and expert consultation|
Global Camping Equipment Market Dynamics
Rising global leisure and recreational activity expenditure has increased demand for leisure commodities, supporting market growth. Additionally , rising video-on-demand consumption for the tourism and hospitality industry on different social media sites is expected to drive customers to purchase such products. The expansions of tourist plus leisure infrastructure, as well as increased fitness consciousness, are expected to drive market growth for outside activities as a camping products market. Furthermore, the advertising campaigns of several well-known e-commerce organizations such as Amazon, eBay, Walmart, and others are predicted to boost sales of various travel-related products and so promote market growth.
The rising participation of persons in various outdoor recreational activities, combined with a rapidly changing lifestyle, as well as the rise of companies and institutions supporting camping, are the key forces driving the market demand for camping equipment. The aging population and early retirement are also important factors driving future growth, as early retirement allows people to make a significant contribution to outdoor recreational activities. In addition , the increasing use of a varied variety of low-cost leisure vehicles is driving the expansion of the camping tools industry.
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Impact of COVID-19
During the early stages of the COVID-19 epidemic, outdoor camping equipment manufacturers faced significant challenges because they were unable to obtain raw materials such as plastics, polymers, and metals from vendors due to statewide lockdowns, labor shortages, travel restrictions, and supply-chain obstacles. During the shutdown, manufacturers faced cash constraints due to a lack of demand for camping equipment. However , once the lockdown restrictions were relaxed and individuals were permitted to walk outdoors, there was an increase in demand for recreational and outdoor activities. As a result, when the lockdown was lifted and travel restrictions were relaxed across areas in 2020, demand for camping gear surged. Additionally , consumer travel to different locations during this time period enhanced the camping equipment business.
According to Acumen Research and Consulting, the global camping equipment industry is fragmented into product type, and distribution channel. Simply by product type, the market has been classified into camping tents, camping out furniture, camping gear plus accessories, camping backpacks, outdoor camping cooking systems and cookware, and other. By distribution channel, the market is categorized into online sales channels, and offline sales channels.
Camping Equipment Market Regional Overview
The Camping out Equipment industry is divided into five regions including North America, Europe, Asia-Pacific, Latin America, as well as the Middle Eastern and Africa. According to the camping out equipment market forecast, the particular Asia-Pacific region is expected to be the fastest-growing region in the global market. This growth is the result of growing customer expenditure and awareness of outside recreation activities. This region has seen remarkable development in the fitness industry, which is pushing people to participate in outdoor athletic events such as endurance competitions, camping, hiking, plus trekking. As such activities gain popularity, the demand with regard to camping equipment and facilities grows. Furthermore, rising obesity rates in the region are encouraging customers to participate in sports and recreation activities like camping and hiking, which promotes regional market growth.
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Camping Gear Market Players
Some of the prominent camping equipment marketplace companies are Johnson Outdoor Inc., Black Diamond, Nemo Products, Inc., Hilleberg, Oase Outside ApS., Western Mountaineering, AMG Group, MountCraft, Newell Manufacturers, Macleay Interactive Design Incorporation., and SUPAPEG Australia.
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About Acumen Research plus Consulting :
Acumen Research and Consulting is a global provider of market intelligence plus consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact-based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.
Mr. Richard Johnson
Acumen Research and Consulting
E-mail: [email protected] com