What is Outdoor Camping Equipment?
Camping equipment represents the personal property used in or appropriate for camping and includes any vehicle used for transportation and all equipment in possession of a person camping. Products in the camping equipment market have increased safety and meet the functional needs of different camping activities. Further, outdoor gear and accessories are key to camping essentials. New avenues in the camping equipment market stem from the unceasing focus of manufacturers on unveiling equipment that combines safety and comfort.
Global Market Size of Outdoor Camping Equipment Market- The global outdoor camping equipment market was valued at USD 16.4 billion in 2021 and is estimated to reach USD 33.17 billion in 2030, with growth at a CAGR of 7.3% during the forecast period of 2022-2030.
Best Industry for Doing Business, Click Here
Why Outdoor Camping Equipment Market is Growing?
Camping equipment is mostly used for comfort during camping. Also, camping tent is attaining popularity among campers. There are different types of tents available for their accommodation. Commonly used camping tents are dome, tunnel, and geodesic. A rise in awareness about health & fitness, an increase in several campers, a surge in endeavors from tourism associations to promote camping activities, and an upsurge in the youth population are the major factors that push the growth of the global outdoor camping eequipment market. The growing digital world and increasing percentage of the population inclining toward online shopping across the nations is expected to provide a great Camping Equipment Market opportunity for the manufacturers to sell their existing as well as novel camping equipment products through online platforms, also contributing to increasing consumer awareness about their products and making them easily available to consumers.
Growth Drivers in Outdoor Camping Equipment Market
Increase in the Outdoor Recreational Activities
Increasing participation in outdoor recreational activities is an important factor driving this market's growth opportunities. Elements such as changes in lifestyle and attitudes, demographics, growing recreational expenditure, and the physical and mental benefits of outdoor activities inspire customers to engage in outdoor activities. Outdoor activities also help maintain a proper work-life balance. Camping is evolving into a popular recreational activity. Camping helps the body discharge higher serotonin levels, a naturally produced neurotransmitter that helps handle mood, appetite, and sleep. Serotonin also enhances cognitive functions such as memory and learning. It includes individuals camping with cars and tents, recreational vehicles and backyard camping.
Related Feasibility Study Reports: Detailed Project Reports
Opportunities in Outdoor Camping Equipment Market
Growing Awareness of Mental & Physical Health Benefits of Camping
Stress levels of the global population have significantly expanded over the past few years due to declining lifestyle habits and continuously changing social, economic, and political landscapes. Stress relief activities and activities that encourage mental and physical health have been gaining traction, which has the impetus to the camping industry, subsequently driving the camping tools and equipment markets during the forecast period.
Good Product Offerings and Companies Endeavours to Encourage Camping Activities
Leading firms seek superior products concerning comfort, safety, size, weight, and quality while identifying new growth opportunities, consumers, technologies, markets and channels. Companies like Johnson Outdoors, are also increasingly emphasizing the environmental element in business operations and reducing their carbon footprint. This theme aligns with the qualities of camping outdoors in a healthy, clean, natural environment. Companies also want to motivate people to take up outdoor activities such as camping.
Read our Books Here
Restraints in Outdoor Camping Equipment Market
Higher Cost of Camping Equipment is Hinder the Growth
Camping equipment is mostly expensive owing to the specialized equipment. Tents, sleeping bags, outdoor cooking equipment, and outdoor clothing can all have high up-front costs, costing hundreds to even thousands. Once the user has the equipment, camping is relatively cheap–just food, travel, and reservation expenses. The cost of camping is almost directly proportional to how cold the weather is. Colder weather needs better equipment to handle the cold weather. Perhaps the biggest indicator of how expensive camping will be for a user is how innovative the user is willing to be in their equipment. Hence, the high camping expenses might be restraining factors for the global outdoor camping equipment market.
Pre Covid-19 Impact on Global Outdoor Camping Equipment Market
Pre covid-19 period, camping equipment has noticed a notable increase in demand as awareness of health and fitness has been supported among the global population. Mental and physical health are areas of prime focus for individuals worldwide owing to the rising prevalence of chronic diseases, and the increasing incidence of lifestyle disorders are the factors that help to increase the global outdoor camping equipment market before the pandemic.
Covid-19 Impact on Global Outdoor Camping Equipment Market
During the covid-19 impacted the camping equipment market drastically, and the demand for camping equipment declined. It was because of certain restrictions and rules that the government of several countries worldwide imposed. These rules have resulted in a decrease in travelers by volume as they were not allowed to travel. Moreover, the tourist places were also shut down, significantly affecting the camping market as the consumers could spot their camps.
Post Covid-19 Impact on Global Outdoor Camping Equipment Market
After the covid-19 period, due to the pandemic, people are more conscious and concerned about health and fitness; these factors are helping to raise fitness awareness and growing infrastructural facilities related to tourism & travel, which is likely to fuel the demand for outdoor activities. Additionally, marketing strategies of different prominent e-commerce players such as Walmart, Amazon, and others are likely to fuel the revenues from the different travel goods and thereby help the market growth.
Watch other Informative Videos: MSME Business Ideas | Most Profitable Business Ideas for Startup
Outdoor Camping Equipment Market is Segmented into:
By Product Type Segmental Analysis
Based on product type, the global outdoor camping equipment market is segmented into Camping Furniture, Backpacks, Tents, Mattresses, Cooking Systems & Cookware, Protective Gear & Accessories and Others. The backpacks segment is expected to maintain a major share of the market owing to the large consumption of the outdoor backpacks for hiking, biking, and camping activities.
By Distribution Channel Segmental Analysis
Based on distribution channel, the global outdoor camping equipment market is segmented into Online and Offline. The offline segment is estimated to hold a major share of the market as users can touch and feel the quality of the products in person at the physical stores. Additionally, people are more likely to prefer specialty stores as they can easily purchase trusted brands of camping products at these shops.
By Regional Segmental Analysis
Based on region, the global outdoor camping equipment market is segmented into North America, Europe, Asia-Pacific, South America and The Middle East & Africa. The North America region market is anticipated to hold most of the market share. North America was the largest market for camping equipment because of a growing number of consumers seeking locations for outdoor recreation activities to connect to nature and practice healthy exercise has emanated the largest market for camping gear and equipment in this region. The rising construction of camping trails in the US creates many hikers in the region, thereby advancing the demand for such products. It, in turn, increases the demand for camping equipment in the North American region.
Competitors Analysis in Outdoor Camping Equipment Market
The companies include Black Diamond Equipment Ltd., Exxel Outdoors, LLC, Big Agnes Inc., Newell Brands, Johnson Outdoor Inc., Nemo Equipment Inc., Oase Outdoors ApS, AMG Group, and ALPS Mountaineering, Montbell, and Other Prominent Players are the key players in the Outdoor Camping Equipment market.
Recent Developments in Outdoor Camping Equipment Market
· January 2021- Big Agnes has a partnership with Bluebird Backcountry, the human-powered backcountry ski location between Kremmling and Steamboat Springs, Colorado. Big Agnes will perform as the Official Insulated Jacket Sponsor of the ski area, providing directions, educators, and team with its newly redesigned insulated jackets.
· June 2022- Newell Brands' Contigo established Reusable drinks Containers, Contigo Uptown Dual-Sip drinks Thumbler, River North 2-in-1 stainless steel can be cooler and tumbler, and River North stainless steel wine glass tumbler with a splash-proof lid. These products are reusable on-the-go drink glasses.
· March 2022- Big Agnes, an outdoor camping equipment brand, declared the launch of its 3N1 sleeping bag equipment. 3N1 system consists of two individual sleeping bags, which can be connected to offer a deluxe and roomy, temperature-controlled sleep place in varying conditions.
Click here to send your queries/Contact Us
About Us:
NIIR PROJECT CONSULTANCY SERVICES, also known as NPCS, is a privately incorporated management research and consulting firm. The major services provided by NPCS include Management Consulting, Industrial Research, Market Surveys, Research based on Primary and Secondary Approaches, Pre-Feasibility Study, Techno-Economic Reports and many more. By choosing our reports, you will get the benefits like superior quality, easy communication, the latest information, unique content, and affordable pricing. NPCS was established with a mission to provide growth for businesses across the globe in various industry verticals. We have a team of professionals composed of various domains and industry expertise. We have an experience of more than one decade of expertise in syndicated and customized research across Automotive, Consumer Goods, Chemicals, Aviation, Retail, Agriculture, BFSI, ICT, Healthcare, Oil & Gas, Power and Energy, Aerospace and Defense, Industrial Automation, Logistics, Semiconductors etc. We have delivered solutions to various businesses across the globe. Kindly visit our website for more information. To purchase this report, you can contact us directly through the website or can drop a mail to npcs.india@gmail.com.
About this Report
This global outdoor camping equipment market report provides growth drivers, latest opportunities, Segment revenue, covid-19 impact, restraints and major players. In addition, this report offers industry analysis and competitive landscape, company financials, and impact analysis. The report includes a detailed view of the global market, along with changing dynamics and trends.
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐮𝐬
NIIR PROJECT CONSULTANCY SERVICES, DELHI
An ISO 9001:2015 Company
ENTREPRENEUR INDIA
106-E, Kamla Nagar, Opp. Mall ST,
New Delhi-110007, India.
Email: npcs.ei@gmail.com
info@entrepreneurindia.co
Tel: +91-11-23843955, 23845654, 23845886
Mobile: +91-9097075054, 8800733955
Website: https://www.entrepreneurindia.co
https://www.niir.org
PB_20Art23
