Global Camping Equipment Market to Reach US$25.55 Billion by 2029, Growing at a CAGR of 6.7%

The global camping equipment market is expected to witness robust growth, reaching US$25.55 billion by 2029, according to a recent market research report. This represents a compound annual growth rate (CAGR) of 6.7% during the forecast period (2023-2029).

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Market Overview:

The rising popularity of outdoor recreational activities, coupled with an increasing focus on health and wellness, is driving the demand for camping equipment. Additionally, growing disposable incomes and the trend of glamping (glamorous camping) are further fueling market expansion.

Report Scope:

This report provides a comprehensive overview of the global camping equipment market, including:

  • Market size and growth projections
  • Key drivers and trends
  • Segmentation analysis by product type, distribution channel, and region
  • Competitive landscape

Research Methodology:

The report employs a combination of primary and secondary research methodologies, including:

  • In-depth interviews with industry experts
  • Surveys of consumers and businesses
  • Analysis of published reports and data
  • Market sizing and forecasting techniques

Segmentation:

The global camping equipment market is segmented by:

Product Type: Tents, backpacks, sleeping bags, cooking equipment, footwear, apparel, and accessories

The market is divided into product categories such as backpacks, sleeping bags, tents and accessories, camping cookware system, and more. Since outdoor backpacks are so widely used for hiking, biking, and camping, the backpacks industry is predicted to have a significant share of the market. According to data from the Sports Fitness Industry Association, camping backpack wholesale sales in the US reached USD 634.3 million in 2018.

Distribution Channel: Online retail, specialty stores, department stores, and other sporting goods stores

The market is divided into offline stores and online retailers based on the distribution route. The offline sector is anticipated to hold a sizeable share of the market since consumers can physically touch and assess the quality of the products in physical locations. Additionally, people are more likely to choose specialty businesses because they may find trusted brands of camping supplies at these sites.

Regional Insights:

  • North America is expected to remain the largest regional market, driven by high disposable incomes and a strong camping culture.
  • Asia Pacific is projected to witness the fastest growth due to a growing middle class and increasing interest in outdoor activities.
  • Europe is expected to exhibit steady growth, supported by government initiatives promoting outdoor recreation.

Key Players:

The major players in the global camping equipment market include:

  • 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.
  • Newbell Brands
  • AMG Group Ltd
  • Exxcel Outdoor LLC
  • Mont-bell Co. Ltd.
  • Nemo Equipment Inc.
  • Oase Outdoor ApS.

About the Report:

This report provides valuable insights for industry participants, including manufacturers, distributors, retailers, and investors. It can be used to make informed business decisions, identify growth opportunities, and understand the competitive landscape.

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About Maximize Market Research:
At Maximize Market Research, our commitment to excellence permeates every facet of our comprehensive approach to market research and consulting. Our team comprises a diverse array of experts from various industries, ensuring a rich tapestry of knowledge and experience that we bring to our clients' projects. We take pride in our extensive coverage across a broad spectrum of sectors, guaranteeing our ability to address the unique requirements of clients operating in diverse fields, whether it be medical devices, pharmaceuticals, technology, or any other industry. Our suite of services encompasses meticulously validated industry estimations, strategic consultancy, and competitive analysis, all meticulously designed to furnish clients with the insights and guidance essential for thriving in today's dynamic business landscape. With an unwavering focus on precision and actionable intelligence, we aspire to be the trusted ally that businesses depend on to navigate the intricacies of the market and emerge as trailblazers in their respective domains.

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