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Inflatable Tents Market Set to Soar: Projected 7.5% Year-on-Year Growth to Reach US$ 1,496.0 Million by 2028

09-21-2023 03:21 PM CET | Industry, Real Estate & Construction

Press release from: Future Market Insights

Inflatable Tents Market

Inflatable Tents Market

As we navigate through the dynamic landscape of the outdoor industry, the global inflatable tents market appears to be experiencing an upward surge. With a promising year-on-year growth rate of 7.5%, the market is anticipated to reach a remarkable value of approximately US$ 1,496.0 Million by the end of 2028. This impressive trajectory can be attributed to several key factors that are reshaping the way we approach camping and outdoor adventures.

The burgeoning tourism industry is a primary catalyst in driving the demand for inflatable tents. As more people seek to reconnect with nature and embrace the thrill of the great outdoors, camping has witnessed a remarkable resurgence. From solo backpackers to family vacationers, the allure of spending time in nature is irresistible. Consequently, the camping segment is experiencing a surge in popularity, and inflatable tents are emerging as the go-to choice for modern campers.

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Future Market Insights (FMI) is set to provide a comprehensive analysis and review of the dynamic factors shaping the inflatable tent market. This assessment will encompass a range of industry-specific influences and key perspectives driving innovation within the sector.

The tourism industry, currently experiencing rapid growth, is poised to be a pivotal driver in the increased sales of inflatable tents. Furthermore, the combination of rising per capita income and a growing willingness among consumers to invest in camping gear is expected to further propel the market for inflatable tents.

As per FMI's meticulous analysis, the basis point share (BPS) values in the inflatable tent market exhibit notable variations in the first half of 2022 compared to the projected outlook for the same period. This variation reflects a decline of 48 units. However, when contrasted with the figures from the first half of 2021, the market is expected to experience a reduction of 52 BPS in the first half of 2022. These insights shed light on the evolving landscape of the inflatable tent market, driven by both internal industry factors and external market forces.

- Country-wise Insights: Rising Demand for Inflatable Tents

- United States: A Surge in Military Activity and Outdoor Enthusiasm

The United States has witnessed a consistent increase in military spending, solidifying its position as the world's top military spender. This expenditure extends to deployable military shelters and the establishment of new military camps globally. Simultaneously, a strong inclination towards camping and trekking activities among the American populace is stoking the demand for inflatable tents. In 2022, the U.S. Inflatable Tents Market is poised to register an impressive 7.5% year-on-year growth in terms of volume, underscoring the nation's enthusiasm for outdoor adventures.

- Germany: Leading the Way in Western Europe

Germany, a prominent tourism destination in Western Europe, is set to maintain its stature as one of Europe's premier markets for inflatable tents. The rise in outdoor camping activities within Germany is creating lucrative opportunities for the sales of inflatable tents. Projections indicate that Germany will continue to dominate the Western Europe inflatable tents market throughout the forecast period (up to 2028), with a robust 7.9% Volume Compound Annual Growth Rate (CAGR).

- China: Thriving Camping Culture and Manufacturing Capacity

Camping has gained immense popularity in Asia-Pacific countries, with China emerging as a prominent player in this trend. The growth of tourism in China, driven by factors such as a burgeoning youth population, robust economic growth, increasing disposable incomes, and rapid urbanization, has led to a surge in demand for inflatable tents. China boasts significant manufacturing capacity for inflatable tents and has witnessed remarkable growth in its military sector. Consequently, China is poised to capture a substantial share of the global inflatable tents market. The demand for inflatable tents in China is projected to experience a commendable Compound Annual Growth Rate (CAGR) of 7.3%.

- Key Players:

Lanco Group
Kampa AG
Oase Outdoors ApS (Outwell)
AMG Group Ltd
Zempire Camping Equipment
Heimplanet
Losberger GmbH
Coleman Company, Inc.
Exxel Outdoors, LLC (Kelty)
Sports Direct International (Gelert)
skandika GmbH
Sunncamp Limited

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- Global Inflatable Tents Market by Category:

By Material Type:
PVC
Poly-Cotton
Nylon

By Type:
Self-Erecting
Hybrid

By Shape:
Dome
Tunnel
Geodesic

By End Use:
Military
Commercial
Personal

By Region:
North America
Latin America
Western Europe
Eastern Europe
MEA
APEJ
Japan

Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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