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Hammocks Industry Products, Services and Solutions, Recent Developments and Business Overview 2017-2021

04-23-2018 05:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsWeb

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Publisher’s market research report identifies that the rising demand for hammocks from campers and outdoor enthusiasts will be one of the primary growth drivers for the global hammocks market till 2021. Consumers prefer hammocks because they are easy to install, lightweight, and can be carried on backpacking or hiking trips. Also, the characteristic of low storage space encourages campers to opt for camping hammocks over other camping accessories. Hammocks offer protection against groundwater. Consumers pack them into compressed flat packages and move them around easily because they are easy to wrap and launch. Furthermore, more consumers are participating in side country and backcountry travel with the rising trend of adventure tourism, which in turn, will boost the sales volume of hammocks. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 17% by 2021.

A large number of people purchase hammocks in the Americas for relaxation purpose. Also, the wide availability of hammocks of different types, colors, styles, and sizes is further encouraging the millennials in the region to purchase these products. This is motivating several manufacturers to launch nylon hammocks as part of their product portfolios. Nylon hammocks can be easily rolled into small bags as they are light in weight. The adoption of the portable hammock will continue to grow in the region for the next four years because these products come with additional features such as rain tarps and underslings for gear, bug nets, and small battery-operated lanterns.

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Competitive landscape and key vendors

The hammocks market is highly competitive and has a presence of multiple established players. These vendors are increasingly competing against each other based on factors such as price, quality, brand, and variety. Various hammock swing manufacturers are trying to increase their market shares by adopting marketing and promotional strategies. Also, leading competitors are focusing on retaining their market position by acquiring new brands.

Key vendors in this market are -

Ban Mai

Dalian Eaglesight

Danlong Hammocks

Inca Hammocks

Lucky Johnny Hammock

Other prominent vendors in the market include Second May International, Eagles Nest Outfitters, Bamboo Village, ATC Furniture, Bliss Hammocks, KW Hammock, PAWLEYS ISLAND HAMMOCKS, Best Choice Products, Vivere, and Prime Garden.

For Inquire before Buying at: http://www.reportsweb.com/inquiry&RW00011153506/buying

Rope hammocks

Nylon hammocks

Canvas hammocks

The demand for nylon hammocks was high during 2016 because they are light in weight and can be easily dried. They are also convenient to launch and wrap. The demand for these hammocks will continue to increase during the forecasted period because they are strong in terms of fabric in comparison to other sling hammocks. The preference for nylon hammocks is high among consumers because they are cheaper and easily available in comparison to other variants as they can be procured for less than USD 100.

Segmentation by style and analysis of the hammocks market

Hammock chair

Mayan hammocks

Brazilian hammocks

Nicaraguan/Mexican hammocks

Venezuelan hammocks

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ReportsWeb is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.

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