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Rechargeable Camping Gear Market Set to Surge, Forecasted to Reach US$ 5,362.7 Million by 2033

04-16-2024 08:24 PM CET | Consumer Goods & Retail

Press release from: Fact.MR

Rechargeable Camping Gear Market Set to Surge, Forecasted

The rechargeable camping gear market was valued at US$ 1,827.6 million in 2022 and is expected to grow at a CAGR of 10.5% over the forecast period, reaching US$ 5,362.7 million in 2033.

Rechargeable camping gear offers more than just power solutions; it incorporates additional features to enhance the camping experience. With built-in USB ports, campers can conveniently charge their electronic devices. These versatile gear options also provide multiple lighting modes, allowing users to adjust brightness or switch colors for different purposes.

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This adaptability appeals to consumers seeking compact and multifunctional gear, eliminating the need for carrying multiple items. Additionally, rechargeable camping gear is designed to cater to various outdoor activities like hiking, backpacking, or fishing. It ensures compatibility with different adventure pursuits.

Combining practicality, convenience, and versatility, rechargeable camping gear becomes an essential companion for campers seeking optimal functionality and enjoyment during their outdoor escapades.

Key Takeaways from Market Study

• The global rechargeable camping gear market registered a growth rate of 7.1% between 2018 to 2022
• Rechargeable tent type is expected to hold a market share of 35.6% in 2023
• The global rechargeable camping gear market is projected to grow at 10.5% CAGR and reach US$ 5,362.7 million by 2033
• US rechargeable camping gear market is likely to create an absolute $ opportunity of US$ 1,397.1 million during the forecast period
• Chinese rechargeable camping gear market is likely to reach a valuation of US$ 919.9 million in 2033

List of Key Companies Profiled in The Report:
• Arc'teryx
• Big Agnes
• Black Diamond Equipment
• Coghlan's Ltd.
• Coleman
• Decathlon SE
• Exped AG
• Summit International
• Petzl
• Others

Market players are investing in research and development to meet consumer demand for sustainable and eco-friendly solutions, aligning with government regulations. These efforts play a crucial role in driving market growth in the long run and enable market players to gain high-profit margins by curbing the demand pool. Product launch is also turned out as a preferred strategy to keep the product portfolio upgraded and meet the diverse demands.

Competitive Landscape:

In the dynamic landscape of camping gear manufacturing, companies are actively investing in research and development to pioneer innovative and advanced products. This strategic focus enables them to maintain a competitive edge, delivering superior camping gear characterized by enhanced performance, durability, and eco-friendliness.

A notable development occurred in February 2023 when our company unveiled the Thermacell EL55-an innovative anti-mosquito camping lantern. This product is designed to effectively ward off insects, ensuring a bug-free camping experience. Boasting a quick 15-minute activation time, the lantern operates on a rechargeable system and provides up to nine hours of reliable protection against bugs.

Similarly, in May 2023, Hokolite, a leading player in the illumination industry, introduced an upgraded version of their camping lantern. This enhancement involves the integration of high-performance rechargeable lithium batteries, further elevating the reliability and convenience of their product.

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More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the rechargeable camping gear market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.

The study reveals essential insights on the basis of the product type (flashlight & lantern, headlamp, solar panel, power bank, portable stove, coolers, water bottle, hiking backpack, tent, sleeping bag/pads, fan, shower sprayer, inflator, speaker, others), sales channels (offline and online), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia, and Oceania, Middle East & Africa).

Segmentation of Rechargeable Camping Gear Industry Research

• By Product Type:
o Flashlight & Lantern
o Headlamp
o Solar panel
o Power Bank
o Portable stove
o Coolers
o Water bottle
o Hiking backpack
o Tent
o Sleeping Bags/Pads
o Fan
o Shower Sprayer
o Inflator
o Speaker
o Others

• By Sales Channel:
o Offline
o Online

• By Region:
o North America
o Latin America
o Europe
o East Asia
o South Asia & Oceania
o Middle East & Africa


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About Fact.MR:

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories.

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