The Global Camping 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.
The growing international population's expenditure on recreational activities has increased the consumption of recreational equipment, fueling the growth of the camping equipment market. Moreover, inadequate lifestyle choices are to blame for the dramatic increase in stress levels among the world's population, according to the camping equipment industry analysis, and the continuously shifting economic, social, and political environments are driving the market demand.
In recent years, Adventure tourism and recreational activities are becoming more popular as people feel a greater need to relax and unwind after living in such a fast-paced world. Greater interest in outdoor and sports activities has arisen from increased health consciousness and a desire to participate in physical activities. Customers are increasingly flocking to nature-based outdoor excursions to get away from overcrowding, fast-paced lifestyles, and polluted settings. All of these factors have contributed to the growth of adventurous activities, which has led to an increase in camping equipment sales. Increased disposable income also benefits the camping equipment sector, as people can afford more expensive camping equipment and prefer higher-quality products, fueling market expansion.
Global Camping Equipment Market DRO’s
|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 Inc., and SUPAPEG Australia.|
||Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis|
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The increasing influence of leisure-recreational activities is a major driving force influencing the adoption of the worldwide camping equipment market, particularly in regions such as North America and Europe. Factors including changing lifestyles, rising recreational spending, demographics, and the emotional and physical advantages of outdoor activities all serve as motivation for consumers to connect in out-of-doors leisure activities.
Camping activities have been connected to a range of potential benefits, including lowering anxiety and stress, getting away from the hustle and bustle of everyday life and allowing oneself time alone or with a group, opportunities to reconstruct and renew relationships, physical exercise, and endurance, spiritual growth and being closer to nature, acquiring new skills and experience, and improving confidence, among others, which are driving the camping trends. However, life stages and events have a substantial impact on campers' decisions about frequency and location. Factors including weddings, retirement, school-college tours, etc. have a substantial influence on the way people camp, and the kinds of services, products, experiences, and amenities are drives the demand for the camping equipment market. Furthermore, younger and more ethnically diverse travelers are more excited about camping activities and have been observed to participate in more camping excursions and nights, which boost the market.
Camping Equipment Market Segmentation
The global camping equipment market segmentation based on the product type, distribution channel and geographical region.
Market by Product Type
Based on the product type, the camping tent segment is projected to grow at the fastest rate in the market over the predicting years. Camping tents are essential pieces of camping equipment since they are compact and simple to set up. Furthermore, governments all over the globe promote adventurous sports tourism, including camping and adventure activities, which is assisting in the growth of the global camping tent segments. Furthermore, the growing popularity of recreational and sporting activities is expected to be a significant product driver. As people spend more money on risky hobbies like climbing, trekking, hiking, and mountain climbing, the demand for easy, convenient, and affordable housing tents that can withstand extreme weather conditions like rain and snowfall has increased driving the segment growth.
Market by Distribution Channel
In terms of distribution channels, the offline sales channels segment held the greatest market share in 2021. This segment's rise can be attributed to aspects such as trial and experience before purchasing, as well as quick gratification. Customers can feel and analyze the quality of items at physical places, hence the offline segment is expected to account for the majority of the industry.
Aside from that, the market for online sales channels is predicted to increase dramatically in the coming years. This is due to the increasing relevance of digital marketing tactics employed by businesses to promote their products. The increasing internet penetration in countries such as China, India, Canada, and South America has generated a new marketplace for online sales channels that have been rising for several years.
Camping Equipment Market Regional Outlook
The Middle East & Africa (MEA)
Rising leisure and outdoor activities in North America, Drives Regional Market Expansion
In terms of geography, the North America region will lead the worldwide camping equipment market in 2021. The large proportion of the population seeking trekking and climbing destinations in order to interact with nature and engage in healthy exercise has resulted in the region's largest market for camping equipment. Furthermore, the number of campers and trekkers in this region is increasing year after year, which is expected to expand the camping equipment market opportunity in this region significantly. Throughout the projected timeframe, demand for automotive camping equipment is likely to increase significantly. Consumption of solar-powered camping equipment in North America is expected to increase due to a greater emphasis on sustainability. Furthermore, the presence of a large population participating in recreational activities, whether in a squad or alone is important trend boosting revenue in the camping equipment industry.
Camping Equipment Market Players
Some of the prominent global camping equipment market companies are Johnson Outdoor Inc., Black Diamond, Nemo Equipment, Inc., Hilleberg, Oase Outdoors ApS., Western Mountaineering, AMG Group, MountCraft, Newell Brands, Macleay Interactive Design Inc., and SUPAPEG Australia.
The global camping equipment market size in 2021 was accounted to be USD 15,267 Million.
The projected CAGR of camping equipment during the analysis period of 2022 to 2030 is 6.9%.
The prominent players of the global camping equipment market involve Johnson Outdoor Inc., Black Diamond, Nemo Equipment, Inc., Hilleberg, Oase Outdoors ApS., Western Mountaineering, AMG Group, MountCraft, Newell Brands, Macleay Interactive Design Inc., and SUPAPEG Australia.
North America held the dominating share for camping equipment during the analysis period of 2022 to 2030.
Asia-Pacific region exhibited fastest growing CAGR for camping equipment during the analysis period of 2022 to 2030.
Growing consumer spending on recreational activities and increasing awareness of camping's beneficial impacts on mental and physical health are the prominent factors that fuel the growth of global camping equipment market.
Based on product type, camping backpacks segment held the maximum share for camping equipment market in 2021.