Camping Equipment Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Camping Equipment Market
The camping equipment market size was reached at a value of USD 83.58 billion in 2023, and the market is now projected to grow from USD 89.81 billion in 2024 to USD 172.21 billion by 2032, exhibiting a CAGR of 8.48% during the forecast period of 2024-2032.
The COVID-19 pandemic negatively impacted the industry, resulting in supply chain issues, procurement of raw materials and shipping finished items leading to reduction in camping equipment market growth. Despite global efforts to manage disruption, the sector is gradually rebounding. Product demand is rebounding due to increased industrial activity and technological improvements, indicating a good market recovery. The COVID-19 pandemic negatively affected the industrial economic growth, including camping equipment market growth. Major players encountered multiple issues and disruptions in their supply chain. In addition, many smart and large sized enterprises have shifted their physical stores to online platforms to purchase camping goods.
Government has increased spending in travel and tourism sector which is aiding to camping equipment market growth. Government across the globe enacting a variety of tourism related development initiatives fostering camping equipment market growth. Moreover, increasing spending on recreational activities due to increased awareness about health and fitness is acting as a driver for market growth.Rising expansion of tourism sector is contributing in the economic growth of the country’s GDP and creating remarkable growth opportunities in the future.
Additionally, due to increasing consumer’s preferences for leisure activities will promote market expansion.Moreover, consumers are shifting their preferences for more physical activities due to increased emphasis on health and fitness which is fostering camping equipment market growth.
Comprehensive Analysis of Camping Equipment Market
The camping equipment market is rising with an exponential rate due to its market segmentation. This market expansion effectively provides a detailed geographical assessment considering the dominant supply and demand forces that impact the camping equipment management industry. These segmentations are methodically segregated by types of products and by distribution channel. The types of Product Type segment include Backpacks, Sleeping Bags, Tents, Cooking System, Furniture, and Others, and Distribution Channel segment include Offline Stores and Online Stores.
In the camping equipment market, North America region lead the market with a market size of USD 33.74 billion in 2023 owing to increased spending in travel and tourism sector and increasing consumer’s preferences for leisure activities.
The prominent players in the market play a crucial role in the camping equipment industry assuring industrial prospectus growth and setting market standards. These players include, MountCraft (India), Johnson Outdoor Inc. (U.S.), Nemo Equipment, Inc. (U.S.), Oase Outdoors ApS. (Denmark), Newell Brands (U.S), Zempire Camping Equipment (New Zealand), Exxel Outdoors, LLC (U.S.), AMG Group Ltd. (U.K.), Big Agnes, Inc. (U.S.) and SUPAPEG (Australia) these prominent market players provide a level-playing competitive landscape.
In December 2022, Makita, a well-known brand of cordless technology, has launched the development of wireless digital outdoor adventure, which is ideal for hiking, trekking, camping, and other activities.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 8.48% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Product Type
Backpacks
Sleeping Bags
Tents
Cooking System
Furniture
Others
By Distribution Channel
Online Stores
Offline Stores
By Region
North America (By Product Type, Distribution Channel and by Country)
U.S. (By Product Type)
Canada (By Product Type)
Mexico (By Product Type)
Europe (By Product Type, Distribution Channel and by Country)
Germany (By Product Type)
U.K. (By Product Type)
France (By Product Type)
Italy (By Product Type)
Spain (By Product Type)
Netherlands (By Product Type)
Rest of Europe (By Product Type)
Asia Pacific (By Product Type, Distribution Channel and by Country)
China (By Product Type)
India (By Product Type)
Japan (By Product Type)
Australia (By Product Type)
Rest of Asia Pacific (By Product Type)
South America (By Product Type, Distribution Channel and by Country)
Brazil (By Product Type)
Argentina (By Product Type)
Rest of South America (By Product Type)
Middle East and Africa (By Product Type, Distribution Channel and by Country)
UAE (By Product Type)
South Africa (By Product Type)
Rest of Middle East & Africa (By Product Type)
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