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Camping Equipment Market to Witness Increase in Revenues by 2027

10-03-2018 02:33 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

/ PR Agency: Fact.MR
Camping Equipment Market to Witness Increase in Revenues by 2027

Camping is an outdoor activity. It basically involves night stay in tents away in a countryside or on a hill away from the hustle and bustle of city life. In short camping is enjoying a pleasant stay in nature’s lap with minimum luxuries. However, camping can be luxurious as well, such as planned camping activities with fully equipped accommodation. There are various types of camping and according to the type the equipment used changes. For instance, winter camping needs equipment such as heater and three layers of clothes while for adventure camping ropes and other safety equipment is necessary. Safety, food and heat are the three factors that are taken into consideration while selecting the right camping equipment. First aid kits, backpacks, ropes, sleeping bags, suitable boots, and tents are some of the common equipment that is carried during camping. Most of these equipment are available at homes including first aid kits, ropes, beverages, dishes and pans; however travelers choose to carry only such equipment that is specifically tailored for camping.

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Camping Equipment- Drivers

Camping is cost effective. It is the cheapest holiday option where travelers do not have to buy expensive air tickets or to book luxurious hotel rooms. This particular factor is contributing to the growth of the camping activity across the globe, which ultimately will be beneficial to the growth of the global camping equipment market. Increasing awareness among travelers about using various safety equipment is also creating a positive impact on the camping equipment market. Healthy lifestyle is a necessity of time and camping gives great exercise to travelers. Not only rowing or hiking but daily tasks such as collecting wood from forests is also a great workout option for the entire body. This awareness about the various health benefits associated with camping is creating more opportunities for camping equipment manufacturers to launch several new products in the global market. Due to a busy lifestyle, people are not able to give time to their families. To connect with families and recreate the bond, camping is the best option. Absence of modern technologies such as cell phones, internet, and television brings family members close to each other. This is boosting the growth of several family camping activities around the globe, thereby increasing the demand for good camping equipment.

Camping Equipment- Restraints

Risks associated with camping activities, especially with adventure camps are impelling travelers to opt for other holiday options. Increasing incidents of injuries and deaths during forest and hill camping are keeping the travelers away from camping activities, which is eventually creating a negative impact on the growth of the camping equipment market. Although camping is a budget holiday option, some of the equipment itself can burn a hole in the pocket. Certain camping equipment such as tents, sleeping mats and bags are so expensive that travelers prefer to make a change in their camping plans, which naturally hampers the growth of the camping equipment market.

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Camping Equipment- Regional Overview

Camping is the cheapest holiday option for travelers across Europe, who believe that camping is the best possible way to tour the whole of Europe comfortably. In the North America region, hiking is a more popular option. Travelers camp for almost twice a year in the U.S, which is expected to significantly boost the growth of the camping equipment market in North America.

Camping Equipment- Top Brands

Arc’teryx, Black Diamond, Darn Tough, Exped, Garmont, Hilleberg, Icebreaker, MSR, Marmot, Mammut, Osprey, Western Mountaineering, Snow Peak, Patagonia, Petzl, Granite Gear, and Big Agnes are some of the top brands supplying camping equipment across the globe.

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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