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Camping Stove Market Growth Opportunities, Size, Share Analysis Reveals Remarkable Developments and Key Players | Global Business Outlook till 2028

08-13-2018 12:54 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Fact.MR

Fact.MR

A fresh study, covering “Global Camping Stove Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2028” has been broadcasted to wide online repository of Fact MR, which presents deep focus on the camping stove market. This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the camping stove market. 

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Rising Popularity of Camping as an Outdoor Recreation Activity to Trigger Demand for Camping Stove

As global participation in outdoor activities such as hiking and camping has increased, the economy of the outdoor recreation industry has improved over the past few years. The Outdoor Industry Associations (OIA) recently conducted a survey, which states that over US$ 887 billion are spent each year, on various outdoor recreation activities. As the popularity of outdoor recreations activities increases, demand for various camping gear or equipment such as camping stove is increasing across the globe. Each year, American consumers spend more than US$ 31 billion to purchase high-quality camping accessories such as camping stove, which is likely to support the expansion of camping stove market in the upcoming years.

According to a survey conducted by the National Forest System (NFS) and the US Department of Agriculture (USDA), around 148 million people travel with a wide range of outdoor pursuits every year. More than 50% of the American population participates in various outdoor recreation activities such as hiking and camping, every year, and the number is likely to increase rapidly in the upcoming years. Increasing number of camping and hiking enthusiasts is boosting demand for camping stoves across the world. As the outdoor recreation industry has become economically stronger, various governments are making extraordinary efforts and investments to encourage consumers to participate in outdoor activities. Favorable government policies and increasing participation in camping and hiking is expected to contribute to the growth of the camping stove market.

Camping Stove Manufacturers to Abide by Regulations and ‘Globally Recognized’ Standards

The manufacturing and distribution processes of all the other camping gear or equipment are regulated by government organizations. Similarly, manufacturers in the camping stove market have to comply with the regulations and international standards associated with camping stoves. In the UK, camping stoves are regulated under the UK health and safety legislative standards, which can impact the growth of the camping stove market in the region. Also, the key standards associated with the fuels used in camping stoves are relevant to the fire safety standards in the UK. Similarly, camping stoves manufactured and distributed in Europe must be CE certified and conform to the requirements of the European directive Gas Appliances Directive (GAD).

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Heat, Stability, and Convenience: Consumer Demands to Drive Camping Stove Market

Cooking on a camping trip generates the need for a compact and highly efficient camping stove, which triggers the growth of the camping stove market. Consumers are looking for stable mountaineering stoves with higher heat output that are incredibly efficient as well. Manufacturers in the camping stoves market are introducing ultra-light, ultra-small, yet heat-efficient camping stoves to address the exact consumer needs. Consumers tend to pick lighter and more compact camping stoves over heavy and bulky car camping stoves, as they provide more stability and efficiency.

In addition, the fuel efficiency of camping stoves remains an important factor that is influencing the purchasing decisions of consumers. They are critical of the fuel source of camping stoves while making a purchase, as it is directly associated with its price and impact on the environment. The consumers’ choice of fuel for camping stoves mainly depends on the duration of and the number of people on the camping trip. Furthermore, adjustable legs, simmer control, tabletop, and wind protection are among the popular features of camping stoves among consumers, which define the stability, efficiency, and convenience of using camping stoves. Manufacturers in the camping stoves market are keenly observing the changes in consumer demands and planning their upcoming manufacturing strategies for the future.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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