Press release
Glamping Market Size, Trends, Growth, Outlook 2024-2033
Glamping Market
The Business Research Company presents an extensive market research report on the Glamping Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The glamping market size has grown rapidly in recent years. It will grow from $2.79 billion in 2023 to $3.11 billion in 2024 at a compound annual growth rate (CAGR) of 11.6%. The growth in the historic period can be attributed to desire for nature and adventure, changing travel preferences, rise of eco-tourism, cultural shift towards experiences, celebration of special occasions, improvements in infrastructure.
The glamping market size is expected to see rapid growth in the next few years. It will grow to $4.91 billion in 2028 at a compound annual growth rate (CAGR) of 12.1%. The growth in the forecast period can be attributed to wellness and retreats, family-friendly glamping, adventure tourism integration, corporate retreats, global tourism growth. Major trends in the forecast period include integration of technology and connectivity, family-friendly glamping options, glamping events and festivals, pet-friendly glamping sites, collaborations with local artisans and designers.
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Key Market Players:
Major companies operating in the glamping market report are Collective Retreats, Tentrr, Eco Retreats, Baillie Lodges, Nightfall Camp Pty Ltd., Tanja Lagoon Camp, Paperbark Camp, The Glamping Orchard, GlamXperience, Under Canvas Inc., Sawday's Canopy & Stars Ltd., Teapot Lane Glamping, Wildman Wilderness Lodge, Glamping La Cepa, BIGHEAD glamping tents, AutoCamp, Longitude 131, Shinta Mani Wild, Kachi Lodge, Bubbletent Australia
Market Drivers:
The growing number of staycations is expected to propel the growth of the glamping market going forward. Staycation refers to spending an ecological vacation close to one's residence, causing the least amount of pollution possible, and having a peaceful vacation. Glamping helps staycation by offering a camping experience with more traditional lodging services and amenities. For instance, according to a Household Travel Survey by Central Statistics Office (CSO), A total of 2.3 million domestic overnight trips were taken by Irish residents in Q1 of the year 2022, a 7% increase over the same period in 2020. Also, according to Hoo, a UAE-based online hotel room platform, the level of staycations being taken across 16 global holiday hotspots increased by an average of 18% in 2021 over the previous year. Therefore, the growing number of staycations will increase the demand for glamping. Therefore, the growing number of staycations is driving the growth of the glamping market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/glamping-global-market-report
The glamping market covered in this report is segmented -
1) By Type: Family Travel, Enterprise Travel
2) By Accommodation: Cabins and Pods, Tents, Yurts, Treehouses, Other Accommodation
3) By Consumer Orientation: Male, Female, Kids
4) By Size: 4-Person, 2-Person, Other Sizes
5) By End-User: Consumers, Events
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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