Trekkers & hikers worldwide use different types of camping equipment for their safe & convenient outdoor activities. This equipment includes various products required for tent-making, cooking, etc. As a result, with growing leisure trends, more & more camping equipment like custom-sized & durable backpacks, tent products, etc., are being manufactured by different companies for campaigners to go hiking in any weather conditions.
The Global Camping Equipment Market is projected to grow at a CAGR of around 6.2% during the forecast period, i.e., 2023-28. The growth of the market is projected to be driven mainly by the rapid rise in global stress levels, i.e., leading to mounting consumer inclination toward stress-relieving activities, including camping, and, in turn, burgeoning sales of equipment like sleeping bags, campfire cooking equipment, hiking gear, and camping gear storage containers.
In addition, with the surging prevalence of chronic diseases & lifestyle disorders, the increasing consumer health consciousness and awareness of the importance of both mental & physical fitness are further bolstering the sales of different types of camping equipment globally. Camping cookware supplies like stoves & burners are witnessing high demand across different regions worldwide.
|Study Period||Historical Data: 2018-21|
|Base Year: 2022|
|Forecast Period: 2023-28|
|Regions Covered||North America: US, Canada, Mexico|
|Europe: Germany, The UK, France, Spain, Italy, Rest of Europe|
|Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific|
|South America: Brazil, Argentina, Rest of South America|
|Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA|
|Key Companies Profiled||Mammut, Hileberg, Black Diamond, Darn Tough, Decathlon, Western Mountaineering, Marmot, Osprey, Arc’teryx, MSR Gear, Icebreaker, Adventure Gears, MountCraft, Trek Kit India, Stepin Adventure, and Outdoor Travel Gear|
|Unit Denominations||USD Million/Billion|
In view of these aspects, camping has become increasingly popular among the global population as an excellent getaway from stress. Furthermore, improving disposable incomes, the growing consumer awareness of camping benefits, growing pollution levels in urban areas, and emerging trends of hiking & camping, especially among the young generation, are other notable aspects projected to spur growth in the Global Camping Equipment Market through 2028.
Key Driver: Growing Consumer Awareness of Mental & Physical Health Benefits of Camping
With deteriorating lifestyle habits and constantly changing social, economic, & political landscapes worldwide, stress levels among people have significantly surged over the previous few years. Hence, more & more people are participating in stress relief activities and also in those that promote mental & physical health. Due to this, camping is gaining traction across different corners of the world and, in turn, driving the Global Camping Equipment Market.
Growth Restraint: High Costs of Camping Equipment & Gear
Camping products specifically designed for leisure activities are costly. In addition, high-performance outdoor camping equipment & luxury camping equipment also are relatively much more expensive than other outdoor camping offerings. Hence, these high-priced products, which are instigating campers to opt for rental equipment, coupled with the large competition among industry participants, are the major aspects projected to restrain the growth of the Global Camping Equipment Market through 2028.
Based on Product Type:
Among all, tents hold the largest share of the Global Camping Equipment Market, and the same trend is likely during 2023-28. As more & more ultra-lightweight & instant tents are being developed and a large number of people are participating in camping activities, the camping equipment industry is flourishing at a significant pace globally.
In addition, the advent of eco-friendly & custom-sized waterproof tents and a growing number of hiking equipment manufacturers worldwide are also contributing to the overall market growth. Moreover, the emerging trend of athleisure and increased consumer spending on outdoor sports equipment with added benefits & functionality are also boding well for the camping equipment market.
On the geographical front, the Global Camping Equipment Market expands across:
Of all regions globally, North America holds a prominent share of the Camping Equipment Market, and the same trend is likely during 2023-28, with the US as the leading country, followed by Canada & Mexico. The ever-increasing number of people showing greater interest in camping and the mounting demand for car camping gear are the prime aspects driving the market.
Due to fast lifestyles & busy schedules, a majority of North Americans choose camping to spend time with their families, owing to which various companies are penetrating the regional market to meet the varied consumer demands for different types of camping gear.
In addition, while an increasing focus on sustainability is bolstering the sales of solar-powered camping gear across the region, camping beds & mats are also becoming increasingly popular. Moreover, the surging consumer demand for lightweight & cost-effective camping gear, i.e., instigating manufacturers to make innovations in their product offerings to meet the requirements, would further spur growth in the North America Camping Equipment Market over the coming years.
Recent Developments in the Global Camping Equipment Market
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Frequently Asked Questions
A. The Camping Equipment Market is projected to grow at a CAGR of around 6.2% during 2023-28.
A. The mounting interest of people in outdoor activities due to rising stress levels is the prime aspect projected to drive the Camping Equipment Market through 2028.
A. Mammut, Hileberg, Black Diamond, Darn Tough, Decathlon, Western Mountaineering, Marmot, Osprey, Arc’teryx, MSR Gear, Icebreaker, Adventure Gears, MountCraft, Trek Kit India, Stepin Adventure, and Outdoor Travel Gear are the key players operating in the Camping Equipment Market.
A. High costs of camping equipment & gear are the major restraints for the growth of the Camping Equipment Market during 2023-28.
A. Tents would generate remunerative opportunities for the leading players in the Camping Equipment Market over the forecast years.
A. Globally, North America would provide lucrative prospects to the Camping Equipment Market during 2023-28.