PUBLISHER: Allied Market Research | PRODUCT CODE: 1139886
PUBLISHER: Allied Market Research | PRODUCT CODE: 1139886
The global camping tent market was valued at $3,054.2 million in 2021, and is estimated to reach $7,856.5 million by 2031 with a CAGR of 8.8% from 2022 to 2031.
Increasing interest of consumers toward outdoor activities and leisure tour & plans offer significant landscape for sales of outdoor equipment in the global marketplace. Consumers like to enjoy stress-free vacation in various natural places such as near river, mountain, and forest. There is increase demand for portable accommodation in campers, which boosts the sales of camping tents in the global camping equipment market. According to the North American Camping Report, in 2020, tent accounted for largest market share 56% in accommodation during camping followed by the recreational vehicle and cabin.
Rise in adoption of various online portals in developing countries and increase in number of offers or discounts related to camping equipment attract consumers to purchase camping tent through online retailers. Moreover, online distribution channel has increased consumer reach, owing to which it has evolved as a key source of revenue for many companies. Furthermore, the online sales market is expected to grow in the future, owing to rapid growth in online and mobile user customer base in developing markets. Increase in e-commerce sales, improvements in logistics services, rise in easy payment options, and surge in new facilities to enter international markets for major brands boost the growth of the camping tent market.
Availability of sites near nature for camping and adequate transportation facilities in the developed nations such as the U.S., Germany and UK have shaped the camping industry in the last few years.
Adoption of fit and healthy lifestyle at individual level is expected to increase among the population in the future, owing to increase in impact of COVID-19. Rise in number of market closures, increase in awareness about self-care products, and growth in camping trends among people have propelled the demand for camping equipment in 2020. Furthermore, rise in the popularity of outdoor activities among the people has also encouraged the adoption of leisure trips such as camping, fishing, and others. Thus, equipment like camping tent, sleeping bags fishing rod, and others are gaining huge popularity among the campers. However, space limitation and high cost of equipment restrain the market growth.
Adoption of camping tent is the highest in the U.S. Tunnel tents are commonly used camping equipment among the consumers in the country. These tents are available with cables and adjustable pulleys that provide options for offering customization in a single multipurpose tent. Furthermore, leading players in the industry are coming up with innovative solutions to cater to the increasing demand in developing regions such as Asia-Pacific and LAMEA.
The camping tent market is segmented on the basis of type, application, distribution channel, and region. Depending on type, the market is categorized into dome, tunnel, and geodesic. By application, it is divided into personal and commercial. According to distribution channel, it is classified into B2B sales, supermarket/hypermarket, specialty sporting stores, online retailers, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Argentina, and rest of LAMEA).
The key players operating in the camping tent industry include Hilleberg, Johnson Outdoors, The North Face, AMG GROUP, Newell Brands, Oase Outdoors, The Coleman Company, Simex Outdoor International, Kampa, and Exxel Outdoors.
Key Benefits For Stakeholders
Key Market Segments
By Type
By Application
By Distribution channel
By Region