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Camping Equipment Market Size 2023 | Industry Sales Revenue and Global Report Till 2028

11-27-2023 08:00 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Camping Equipment Market Report

Camping Equipment Market Report

The global camping equipment market size reached US$ 15.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 22.5 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028.

The significant expansion in the tourism sector, the increasing need for a personalized traveling experience, and the introduction of multiple camping programs and outdoor recreational activities are majorly driving the market growth.

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Factors Affecting the Growth of the Camping Equipment Industry:

• Outdoor Recreation Trends:

The growing interest in nature-based activities is offering a favorable market outlook. People are increasingly seeking opportunities to escape from their urban lifestyles and connect with the natural world. This interest is leading to more individuals and families exploring camping as a way to immerse themselves in outdoor experiences. Camping offers an accessible and affordable way to embark on outdoor adventures, thereby catalyzing the demand for camping equipment. People are also recognizing the physical and mental health benefits of spending time in nature, which is impelling the market growth.

• Eco-Friendly Practices:

There is a growing awareness among the masses about the importance of environmental conservation. Campers are increasingly mindful of the impact their outdoor activities can have on nature. This awareness is catalyzing the demand for eco-friendly camping equipment. People are also seeking gear made from sustainable materials, such as recycled and biodegradable components. Manufacturers are incorporating these materials into their products, reducing the ecological footprint of camping equipment. People are also using reusable and durable alternatives, such as stainless steel utensils and eco-friendly camping cookware.

• Technological Advancements:

Technological innovations are leading to the development of lightweight materials that maintain durability. Camping equipment made from advanced materials, such as carbon fiber and high-tech fabrics, allows campers to carry less weight while maintaining performance. Advancements in engineering and design are enabling camping gear to become more compact and portable. Tents, stoves, and other equipment can now be easily folded or disassembled for convenient transportation. People are also preferring bright and long-lasting lighting options that require minimal power, often powered by rechargeable batteries or solar panels.

Explore Full Report: https://www.imarcgroup.com/camping-equipment-market

Camping Equipment Market Report Segmentation:

By Product Type:

• Backpacks
• Sleeping Bags
• Tents and Accessories
• Cooking Systems and Cookware
• Others

Backpacks represented the largest segment as they are a fundamental and versatile camping accessory, catering to various outdoor activities and storage needs.

By Distribution Channel:

• Online
• Offline

Offline accounted for the largest market share due to the popularity of offline distribution channels, such as brick-and-mortar stores and outdoor retailers, for camping equipment.

Regional Insights:

• North America
o United States
o Canada
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa

North America enjoys the leading position in the camping equipment market on account of its vast and diverse landscapes, along with a strong outdoor culture and a robust camping tradition.

Global Camping Equipment Market Trends:

The growing emphasis on sustainability, with people seeking eco-friendly products made from recycled materials is positively influencing the market. The integration of technology into camping gear, such as solar-powered gadgets, smart camping equipment, and advanced navigation tools, is strengthening the market growth.

The demand for lightweight and space-saving camping equipment is rising, allowing campers to carry less weight and pack more efficiently, especially for backpacking trips. Moreover, the wide availability of camping equipment through online channels is bolstering the market growth.

Leading Companies Operating in the Camping Equipment Industry:

• ADL-Tent LTD.
• AMG Group Ltd.
• Big Agnes Inc.
• Exxel Outdoors LLC
• Gipfel Climbing Equipment
• Hilleberg the Tentmaker
• Johnson Outdoor Inc.
• MontBell Co. Ltd.
• Nemo Equipment Inc.
• Newell Brands, Nordisk Company AS
• Oase Outdoors ApS
• Western Mountaineering.

Other Key Points Covered in the Report:

• COVID-19 Impact
• Porters Five Forces Analysis
• Value Chain Analysis
• Strategic Recommendations

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Contact US

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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