Glamping Market Size will Surpass US$ 3.4 Bn in 2022, Expanding at an impressive 11.8% CAGR in 2022-2032

The glamping market is expected to reach a valuation of US$ 10.6 Bn in 2032, expanding at an impressive 11.8% CAGR over the assessment period.

A major driver of the glamping market is the increase in government-backed tourism projects around the world. Tourism industry players are providing improved ways to lure more tourists to outdoor destinations.

The uptake and integration of technologies in such locations is encouraging consumers to opt for outdoor recreational activities, thereby augmenting the growth in the market.

Another aspect driving the industry is the growth of recreational vans and other motor homes with rental services. Individuals are spending quality time with family and friends in remote regions, with all of the resources at their disposal, which is becoming a trend in the global tourist industry.

Further, the higher number of tourist locations in Europe and the development of regional tourism by various countries such as Spain, France, U.K., Germany, etc., is spurring demand in the market, and the trend is expected to continue over the forecast period.

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"Increasing sales of eco-pods, along with growing integration of technologies to facilitate comfort and safety in such accommodations will continue driving sales in the market over the assessment period," says the FMI analyst.

Key Takeaways:
• The India glamping market will continue witnessing high demand over the forecast period.
• Based of product type, sales of eco-pods will remain high through 2032.
• By size, the 2-5 persons segment will expand at a robust pace through 2032.
• In terms of age group, demand in the 18-32 segment will gain traction over the forecast period.
• The U.S. will continue dominating the North America glamping market.
• Spain will emerge as a lucrative market, accounting for a dominant share in the Europe glamping market.

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Who is winning?
Few key players in the glamping market are Bourne Leisure Holdings Limited, TENTRR, Tents Xpert, Under Canvas, The Resort at Paws Up, Collective Retreats, Asheville Glamping, GlamXperience, PurePods, Getaway House, Inc., Hoshino Resorts Inc., and Baillie Lodges among others.

Leading players operating in the global glamping market are investing in research and development to improve the quality of products and services to attract more customers.

Glamping Market by Category
By Type:
• Motor Homes
• Tree houses
• Eco-pods
• Yurts
• Tipis
• Safari Tents
• Bell Tents
• Others

By Region:
• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa (MEA)

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India Sports Tourism Market - https://www.futuremarketinsights.com/reports/india-sports-tourism-market
Adventure Tourism Market - https://www.futuremarketinsights.com/reports/adventure-tourism-market

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

This release was published on openPR.