Monday, January 11, 2021
Camping Equipment Market Analysis: Global Size Supposed to reach USD 4,065.0 MN in 2027
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The Camping Equipment market was valued at USS 2,821.0 million in 2019 and expected to grow at a CAGR of 8.75% during the forecast period from 2020 to 2027 to reach USD 4,065.0 million in 2027.
Various equipment’s used in different outdoor activities such as
trekking, hiking, or backpacking are called as Camping Equipment’s. An outdoor
activity that involves overnight stay in a tentative shelter. Camping
activities can be distinguished from day tripping or picnicking or any other
recreational activities which does not involved night stay. Camping equipment’s
can be described as equipment’s essential for outdoor accommodation. Camping is
more popular in western world. However, its is also started rooting in emerging
economies of the east.
Key Trends in Global Camping Equipment Market
Strong Demand for Camping Equipment in Europe and North America
Industry
Strong demand for camping equipment’s in Europe and North
America and especially United States is mainly driving growth of this industry.
Historically, camping market is dominated by the North America owing to deep
rooted camping culture in the region. Europe and North America are the regions
with highest number of people going for camping every year. Changing lifestyle,
increasing income and increasing inclination towards recreational activities
has been resulted into camping goers in these regions and ultimately driving
the demand camping equipment’s.
Impact of COVID 19 on Global Camping Equipment Market
COVID 19 has left an unparalleled impact on growth of global
Camping Equipment industry. The global Camping Equipment has witnessed very
severe setback like never before. The demand for Camping Equipment is expected
to be plunged by almost 20% in 2020, in terms of both volume as well as
revenue. However, with the beginning of unlock process across the world and
anticipation of COVID 19 vaccine to be launched during first half of 2020 is
expected to bring recovery in demand for Camping Equipment.
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Global Camping Equipment Market by Type Insights
Based on its type, the global Camping Equipment market can be
segmented into Backpacks, Tents/shelters, Sleeping/air bags, Furniture,
Stove/Fuels, Coolers/chest, Jugs/Containers and Other accessories. The By type,
sleeping bags segment dominated the global Camping Equipment market with over
22.5% share in 2019. Sleeping bags are most essential part of any kind of
outdoor camping activities. With rising number of people opting for outdoor camping
activities year on year, the demand for sleeping bags is growing consistently.
Backpacks was the second largest market and was closely followed by
cooler/chest segment.
Global Camping Equipment Market by Distribution Channel Insights
Based on its Distribution Channels, the global Camping Equipment
market can be segmented into Online Retail Channel and Offline Retail Channel.
By Distribution Channel, Offline Retail Channel was largest segment in 2019
with over 55% share in total revenue generated by this industry. However,
Online Retail Channel poised to grow at a rapid CAGR over the forecast period.
Online channel facilitates multiple choices with ease of shopping. With
increasing penetration of high speed internet, the sales volume through online
channels is likely to overtake offline segment in the years to come.
Global Camping Equipment Market by Regional Insights
Europe accounted for over 35% share in total revenue generated
by the global camping equipment market in 2019. Europe was closely followed by
North America. Frequency of camping and outdoor recreational activity among
youth and adults in North America and Europe is leading the growing demand for
camping equipment’s in the region. Moreover, large number of clubs and
associations are actively engaged in arrangement of outdoor camping activities
in Europe and North America are encouraging people to participate in such
activities. This in turn is resulting into growing demand for camping
equipment’s in Europe and North America.
Global Camping Equipment Market Competitive Landscape
Key players operating in the field of manufacturing Camping
Equipment including but not limited to Oase Outdoors ApS, Johnson Outdoor Inc.,
Nemo Equipment Inc., Newell Brands, AMG Group, Big Agnes Inc., Exxel Outdoors,
Mont-bell Co. Ltd. and Others. Global Camping Equipment market is highly
fragmented with large number of players. Most of players are focusing
improvement of their online distribution channels to increase their reach to
end-users. However, offline retail channel is likely to hold its importance
despite of increasing threat from online sales channels.
Market Segmentation
Global Camping Equipment Market by Type, 2015 - 2027
- Backpacks
- Tents/shelters
- Sleeping/air
bags
- Furniture
- Stove/Fuels
- Coolers/chest
- Jugs/Containers
- Other
accessories
Global Camping Equipment Market by Distribution Channel, 2015 -
2027
- Online
Retail Channel
- Offline
Retail Channel
Global Camping Equipment Market by Region, 2015 - 2027
- North
America
- Europe
- Asia
Pacific
- Latin
America
- Middle
East and Africa
Global Camping Equipment Market: Key Players
- Exxel
Outdoors
- Mont-bell
Co. Ltd.
- Newell
Brands
- Oase
Outdoors ApS
- Johnson
Outdoor Inc.
- Nemo
Equipment Inc.AMG Group
- Big
Agnes Inc.
- Others
Key questions answered in this report
· COVID 19 impact
analysis on global Camping Equipment industry
· What are the current
market trends and dynamics in the Camping Equipment market and valuable
opportunities for emerging players?
· What is driving
Camping Equipment market?
· What are the key
challenges to market growth?
· Which segment accounts
for the fastest CAGR during the forecast period?
· Which product type
segment holds a larger market share and why?
· Are low and
middle-income economies investing in the Camping Equipment market?
· Key growth pockets on
the basis of regions, types, applications, and end-users
· What is the market
trend and dynamics in emerging markets such as Asia Pacific, Latin America, and
Middle East & Africa?
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Table of Content
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Camping Equipment Market
2.2. Global Camping Equipment Market, by Product, 2019 (US$ Bn)
2.3. Global Camping Equipment Market, by Distribution Channel,
2019 (US$ Bn)
2.4. Global Camping Equipment Market, by Geography, 2019 (US$
Bn)
3. Market Dynamics
3.1. Introduction
3.1.1. Global Camping Equipment Market Value, 2015-2027, (US$
Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2019
3.4. Market Positioning of Key Players, 2019
3.4.1. Major Strategies Adopted by Key Players
4. Global Camping Equipment Market, by Product, 2015-2027 (US$
Bn)
4.1. Overview
4.2. Backpacks
4.3. Tents/shelters
4.4. Sleeping/air bags
4.5. Furniture
4.6. Coolers/chest
4.7. Others
5. Global Camping Equipment Market, by Distribution Channel,
2015-2027 (US$ Bn)
5.1. Overview
5.2. Online Retail Channel
5.3. Offline Retail Channel
5.4. Others
6. North America Camping Equipment Market Analysis, 2015-2027
(US$ Bn)
6.1. Overview
6.1.1. North America Camping Equipment Market Value and Growth,
2015-2027, (US$ Bn)
6.2. North America Camping Equipment Market Value, By Product,
2015-2027 (US$ Bn)
6.2.1. Market Analysis
6.3. North America Camping Equipment Market Value, By
Distribution Channel, 2015-2027 (US$ Bn)
6.3.1. Market Analysis
6.4. North America Camping Equipment Market Value, By
Region/Country, 2015-2027 (US$ Bn)
6.4.1. Market Analysis
6.4.2. U.S.
6.4.3. Canada
6.4.4. Rest of North America
7. Europe Camping Equipment Market Analysis, 2015-2027 (US$ Bn)
…………..
8. Asia Pacific Camping Equipment Market Analysis, 2015-2027
(US$ Bn)
…………..
9. Rest of the World Camping Equipment Market Analysis,
2015-2027 (US$ Bn)
……………
10. Company Profiles
10.1. Exxel Outdoors
10.2. Mont-bell Co. Ltd.
10.3. Newell Brands.
10.4. Oase Outdoors ApS
10.5. Johnson Outdoor Inc.
10.6. Nemo Equipment Inc.
10.7. AMG Group
10.8. Big Agnes Inc.
10.9. Company 9
10.10. Company 10
10.11. Company 11
10.12. Company 12
10.13. Company 13
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