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Camping Utensils Market (Industry) Size is Projected to Reach $4.6 Billion by 2031| Asia-Pacific region is expected to manifest the fastest CAGR of 7.2%

01-25-2023 03:28 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Camping Utensils Market (Industry) Size is Projected to Reach

The global Camping Utensils Market Size was valued at $2.6 billion in 2021, and is projected to reach $4.6 billion by 2031, growing at a CAGR of 6% from 2022 to 2031.

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Camping utensils are kitchen cooking equipment such as cookware, pots, pans and dishes meant for camping, hiking, kayaking and other adventure sports. They often feature lightweight materials and multifunction parts; they can also come with insulated, fold-away handles or removable handles for carrying hot pots.

According to the data by The North American Camping Report 2021, camping tent was the most preferred camping accommodation among first-time campers in 2020 in the U.S. Camping tent accounted for 67% of camping accommodation, whereas, rest of the 33% was accounted by recreational vehicle (RV), cabin, and others.

Hectic lifestyle, improper work-life balance, and lack of peaceful environment are factors associated with a number of health issues or disorders, such as hypertension, hypotension, and depression. Therefore, to avoid such instances and to make their living more interesting, consumers are looking for leisure holidays and vacations that can offer them peace and satisfaction. Due to this, the number of camping service agencies is expanding in North America and Europe. Consumers who are not keen to buy camping equipment and opt for camping service agencies to plan their camping are expected to present lucrative opportunities to camping equipment manufacturers by providing them required equipment in mass volume.

The camping trend is growing rapidly and impacting consumers inclination toward purchasing new and innovative products in the market. Rise in the interest of people toward camping boosts the sales of camping products across the globe. Companies can operate their business in a highly competitive market by launching new products or updated versions of existing products. Partnership, collaboration, and agreement with key stakeholders are key strategies to sustain in the market. In the recent past, many leading players opted for a product launch or partnership strategies to strengthen their foothold in the market.

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Key findings of the study

The global camping utensils market size was valued at $2,640.3 million in 2021, and is projected to reach $4,612.8 million by 2031, registering a CAGR of 6.0%.

On the basis of application, the personal segment dominated the global market in 2021 and is likely to remain dominant during the forecast period.

On the basis of distribution channel, the business-to-business segment dominated the global market in 2021 and is likely to remain dominant during the forecast period.

On the basis of region, North America dominated the global market in 2021 and is likely to remain dominant during the forecast period.

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The major players studied in Camping Utensils Industry are Amg-Group, Big Agnes, Inc, Dometic Group Ab, Exxel Outdoors, LLC, Hilleberg The Tentmaker Ab, Johnson Outdoors, Newell Brands, Oase Outdoors Aps, Simex Outdoor International Gmbh, and VF Corporation.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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