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Global Camping Stove Market Projections, Challenges to Market Growth, Revenue and Future Opportunities Recorded for the Period until 2028

11-29-2018 11:15 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

Camping stove is basically a portable stove which is specifically made to come in handy and lightweight, mainly used in backpacking, camping, or any kind of outing. It is also used in remote areas where there is less transportation option available. Cooking food on camping trips creates a significant need for an efficient and compact stove, which would be easy to manage and handle as well. The camping stove market is anticipated to experience a notable growth in forthcoming years due to the rise in outdoor activities. The manufactures of these camping stoves have to follow the government norms, along with international standard while making their product. In this regards, the transport security administration’s rules are foreseen to hamper the global market, as they are highly stringent in some cases. One can although carry a camping stove while travelling in a plane, but the cylinder has to be cleaned and emptied thoroughly. These are some of the regulations, which might affect the market growth in coming years. Apart from this, the camping stove has a great fuel efficiency, which becomes an influencing factor in the market development. The players are observing the consumer demand and working accordingly regarding the manufacturing strategies.

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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).

Another regulation that can impact the expansion of the camping stove market is the Transport Security Administration's regulation on transporting the camping stove via airplane. Although it is permitted to carry camping stoves on a flight, emptying and cleaning the fuel container of camping stoves thoroughly is mandatory. The stringency of such various rules and regulations on camping stoves can impact their global sales and ultimately, the growth of the camping stove market in the upcoming years.

To know more about the Camping Stove Market Trends, visit this link- https://www.factmr.com/report/787/camping-stove-market

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.

In order to meet the consumer demand for environment-friendly camping stoves, market players are introducing electric camping stoves, which generate electricity by burning biofuels. Also, camping stoves that operate on the solar energy are likely to gain popularity in the camping stoves market in the upcoming years.

This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on

Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology

Regional Segments Analyzed Include

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)

Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

Highlights from the Report

Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

Get In Touch with Our Industry Expert- https://www.factmr.com/connectus/sample?flag=AE&rep_id=787

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights 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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