Global Camping Tent Market Size, Share, Growth Analysis, By Product(Tunnel, Dome), By Distribution Channel(Online, Offline), By Application(Commercial, Individual) - Industry Forecast 2022-2028

Global Camping Tent Market was valued at USD 2.58 billion in 2021 and it is expected to reach a value of USD 3.98 billion by 2028, at a CAGR of 6.4% over the forecast period (2022-2028).

The industry is expected to develop as extreme sports and outdoor recreation gain popularity. As a result, there is a growing market for basic, practical, and affordable lodging tents that can withstand bad weather like storms and snowfall. This is due to rising expenditure on outdoor activities like hiking, trekking, and mountain climbing. Camping tents are a crucial piece of gear because they are lightweight and easy to use for outdoor activities. In addition, a lot of governments throughout the world are encouraging tourists to participate in outdoor activities like camping, which is also helping the sector grow.

The Physical Activity Council (PAC) published a survey in April 2017 that found that there were 11 billion outdoor activities in the US in 2016. Recently, adventure tourism has grown significantly, especially in Europe, North America, and Asia Pacific, which is also good for product demand.

The market for adventure travel grew at a CAGR of 21% from 2012 to 2017, according to the Adventure Travel Trade Association's (ATTA) "2018 Travel Trends Report". The forecasted years indicate that Europe, which accounted for the largest regional sector in 2018, would keep expanding and retain its leadership position. North America is likewise expected to have significant future growth. Major firms in these two regions are focusing on product launches, R&D, and M&A activities to address the growing demand for cutting-edge products, which is fostering the growth of the regional markets.

Top-down and bottom-up approaches were used to estimate and validate the size of Asia Pacific Camping Tent Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segments covered in this report

Global camping tent market is segmented on the basis of product, distribution channel, application, and region. By product, the market is segmented into tunnel, dome, and geodesic. By distribution channel, the market is categorized into online and offline. By application, the market is bifurcated into commercial and individual. By region, the market is divided into North America, Europe, Asia Pacific, Latin America, and MEA.

Drivers

During the course of the forecast period, increased consumer expenditure on leisure activities and their popularity are expected to be the key drivers of the worldwide camping tent market. With the expansion of outdoor recreation and tourism-related infrastructure, demand for camping activities is also rising. Additionally, it is anticipated that e-commerce behemoths like Amazon and Walmart, which sell travel-related goods like camping tents with a variety of alluring offers and amenities, would help to fuel market expansion.

Restraint

The lack of comfort and high costs of camping gear are two important factors that are predicted to hinder the market for camping tents globally over the forecast period. The market for camping tents in the next years is also being hampered by the possibility that camping might lead to extreme exhaustion in people and by physical concerns including cervical and posture-related disorders.

Market Trends

During the coming years, the demand for camping tents will increase due to rising participation in a variety of outdoor leisure activities around the world. The global camping tent market is expanding rapidly due to a number of factors, including changes in consumer lifestyles, attitudes, and growing knowledge of the physical and mental health benefits of leisure activities. These factors are encouraging more people to participate in outdoor and adventurous activities.