Rising tourism sector giving boost to infrastructural facilities related to tourism and travel are driving the global outdoor camping equipment market.
The value of the Outdoor Camping Equipment market is projected to grow to USD 27,318 Million with an estimated CAGR of 6.9 % by 2030
Covid-19 Impact & Market Status
The COVID-19 issue had a favourable influence on market growth, as recreationists spent more leisure time away from their tight job schedules. According to reports, the deployment of lockdown provided an opportunity for campers and potential campers worldwide. In terms of leisure travellers in the North American area, the frequency of leisure excursions taken by travellers rose following the COVID-19 scenario. As a result, the market saw a favourable influence on demand for camping equipment throughout the period. Vendors are offering camping equipment that ensures greater safety and comfort in terms of size, weight, and material quality. Furthermore, suppliers have been enhancing the sort of insulation used during tents to safeguard customers from adverse weather conditions.
The Tents Segment Experienced More Demand
The global outdoor camping equipment market is classified into sleeping bags, tents, backpacks, accessories, camping gear, and others on the basis of equipment type. Among these, the tents segment experienced more demand. The current generation wants to make quick decisions and taking quick trips. They love to embark on road trips and road excursions, which necessitate the carrying of suitable camping equipment in case they really have to stop by the mountains for the night or wish to wake up by the riverbed.
Online Segment Accounted for Highest Market Share
The global outdoor camping equipment market is classified into online, offline, and others on the basis of distribution channel. Among these, the online segment accounted for maximum market growth and is projected to grow faster in the forecast period. Increasing involvement in the adventurous activities, in outdoor leisure activities is a crucial element driving the market's development potential. Consumers are encouraged to participate in outdoor activities by factors such as changes in lifestyles and perspectives, demography, rising leisure expenditure, and the physical and emotional advantages of outdoor activities. Outdoor activities can aid in the maintenance of a healthy work-life balance. Camping has become a popular leisure activity because it causes the body to manufacture more serotonin, a naturally occurring neurotransmitter that helps control your emotions, metabolism, and sleep.
North America Will Be At The Top In Global Outdoor Camping Equipment Market
North America has proven to be an extremely profitable market for manufacturers and providers. The existence of a large population engaging in outdoor leisure activities, either in groups or alone, is a fundamental trend driving sales in the outdoor camping equipment market. Increased sales of camping gear through internet platforms in Europe are solidifying the earning potential. Asia Pacific, on the other hand, has witnessed significant revenue growth. The surge in discretionary expenditure on leisure activities in the urban population is driving development in the regional industry.
In addition, several economies have witnessed a significant increase in evidence of the effectiveness of camping equipment in recent years. Furthermore, the COVID-19 epidemic has raised spending on outdoor leisure in North American countries. For example, the country's leading payment processing business, shops in the outdoor recreation and sport and leisure sectors saw a significant increase in expenditure as consumers stayed closer to home and attempted to engage in more open-air activities.
Adventure tours in woods, mountains, and other landscapes becoming popular among today's youth is one of the significant factors driving the global outdoor camping equipment market.
Camping locations are usually remote areas. Therefore, it has become increasingly important to put up appropriate campgrounds in the camping locations. As a result, an increase in the travel and tourism sector is projected to increase demand for camping equipment, propelling the global outdoor camping equipment market. Travel companies have been taking measures to encourage camping in various terrains, which would raise demand for camping equipment and propel the global outdoor camping equipment market.
The global outdoor camping equipment market is expected to be of worth USD 28.7 billion at a CAGR of 8.64% during 2022-2029.
Camping equipment refers to things or equipment that are intended, developed, or utilised for temporary human occupation when participating in an outdoor activity that involves prolonged stays in a shelter, such as a tent or a commercial vehicle. People are getting more fascinated in camping in all of its manifestations, from wilderness camping to adventure camping and, of course, luxury camping. The rising global popularity in sports and adventure trips is expected to boost the outdoor camping equipment market.
Camping is an activity that is carried out outdoor and entails sleeping in a tent in the forest or even on a mountaintop, which demands proper planning. Camping, to be more specific, is all about having time in nature. It is a physical exercise that may be both luxury and organised, with well-prepared accommodations. Camping necessitates a wide range of equipment, including first-aid kits, knives, and so on. Some of the gear is readily accessible at home, but many tourists choose to simply bring the camping equipment.
Camping has several physiological and emotional advantages since it inspires you to spend time in a serene environment, lowering your stress level; brings you closer to nature, providing you with fresher air to breathe; and unplugs you from technology, putting you in a healthier and calmer condition. The expanding number of advantages of camping are boosting the habit, which is expected to expand the camping equipment industry.
Trekkers and hikers frequently utilise camping equipment for their safe and efficient outdoor activities. This equipment contains a variety of camping items that are required for tent construction, cooking, and so forth. As a result, the expanding leisure patterns of the worldwide population are essentially driving global outdoor camping equipment market expansion.
Individual engagement in a variety of outdoor recreational activities, fuelled by a constantly changing lifestyle, as well as the fast growth of organisations and groups that encourage camping, are driving global sales of camping equipment. People are dedicating more time & expense to outdoor enjoyment and adventure activities. With an increasing number of people looking for pleasant and tranquil adventures during their leisure moments on weekends, the recreational activities are expected to rise in the future years.
The expanding travel and tourism industry is expected to promote market expansion. The emergence of knowledge on a wide variety of topics has become rather prevalent in today's environment. The awareness drives necessitate adequate planning, which is accomplished via the use of camping equipment. A blood donation camp, for example, requires adequate tent material, poles, and other equipment. The increasing number of drives is expected to fuel global outdoor camping equipment market.
The majority of camping equipment that is only geared for recreational purposes is expensive and takes a big toll on the wallet. High-performance camping equipment is quite expensive, which may slow the expansion of the camping equipment industry. As a result, the expense of camping equipment is expected to limit market expansion. Furthermore, fierce competition, covid-19 resurgence led restrictions for outdoor recreational activities in many countries has reduced the demand for outdoor camping equipment. These factors are hampering the global outdoor equipment market. The growing penetration of a diverse range of low-cost recreational vehicles is restricting the growth of the global outdoor camping equipment market. Additionally, the rising popularity of glamping, a camping style with all luxury facilities, is making expansion difficult for sellers in the camping equipment sector.
Furthermore, rising consumer spending for recreational activities, increasing focus of government across countries on tourism sector leading to development of outdoor camping infrastructural facilities is anticipated to be growth opportunity to the global outdoor camping equipment market.
The key market players in global outdoor camping equipment market are Johnson Outdoor Inc, AMG Group, Newell Brands, Nemo Equipment, Exxcel Outdoor, Big Agnes Inc, Oase Outdoors ApS, Snugpak Limited, among others.
These prominent companies are primarily producing custom-sized and sturdy backpack and tent items in order to supply users with a larger product shelf space. Also, they are coming up with a variety of camping equipment that perfect for campaigners trekking in all-weather situations. For example, The North Face, an American recreation goods major, produced a summer series advanced mountain kit, which included numerous outdoor products such as clothes, equipment, and footwear.
Major Developments in The Outdoor Camping Equipment Market: A Snapshot
- The Neighbourhood, a Japanese firm, has also provided a waterproof PVC groundsheet that can be used for a variety of outdoor activities such as picnics.
- Vango, an AMG Group subsidiary, has cooperated with The National Trust on eco-friendly camping and has produced a line of eco-friendly tents.
Outdoor Camping Equipment Market Scope
|Revenue forecast in 2030
|USD 27,318 Million
|CAGR of 6.9 % 2022-2030
|Type, Distribution Channel, Regions
|North America, Europe, Asia Pacific, Middle East and Africa, South America
|Key Players Profiled
|Johnson Outdoor Inc, AMG Group, Newell Brands, Nemo Equipment, Exxcel Outdoor, Big Agnes Inc, Oase Outdoors ApS, Snugpak Limited, among others.
Key Segments of the Global Outdoor Camping Equipment Market
Type Overview, (USD Million)
- Sleeping Bags
- Camping Gear
Distribution Channel Overview, (USD Million)
Regional Overview, (USD Million)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa