The Global Camping Equipment Market size is expected to reach $37.9 Billion by 2029, rising at a market growth of 7.7% CAGR during the forecast period.
Camping equipment refers to a range of personal gear and accessories that provide comfort and security to outdoor enthusiasts, such as trekkers and hikers. The standard product line features tents, camp tables, flashlights, backpacks, camping pillows, cookware systems, sleeping pads, and a wide range of protective gear. Customizable camping equipment is a cost-effective and portable solution that can be easily assembled or disassembled to meet individual needs.
Additionally, it allows customers to conveniently transport food and drinks while traveling, provides protection from inclement weather, and alleviates the strain of carrying multiple camping supplies. Camping equipment is utilized by customers who participate in outdoor or recreational pursuits. Presently, they are offered in a variety of shapes, dimensions, and materials.
The market growth is being driven by the introduction of eco-friendly and custom-sized waterproof tenting equipment, as well as advanced mountain kits such as clothing, gear, lighting systems, and footwear. The market growth is being positively augmented by factors such as the availability of camping equipment on multiple distribution channels and the increasing popularity of video-on-demand tourism and travel on digital platforms.
The COVID-19 pandemic caused significant disruption to the travel industry and the economy. Airline flights were cancelled, cruise ships were docked at the port, and vacationers adjusted their itineraries. The camping equipment market experienced a significant impact from COVID-19, resulting in decreased demand for camping equipment due to government regulations to prevent the spread of the virus in various countries globally. Implementing these regulations has led to a decrease in the number of travellers. The closure of tourist destinations also had a notable effect on the camping equipment market.
A significant number of individuals enjoy camping experiences with their loved ones or colleagues, while others opt for solitary retreats in the wilderness, seeking proximity to the natural environment. The utilization of technology has facilitated the exposure of previously unexplored and distant destinations to potential customers. Moreover, businesses have implemented strategies to provide campers with distinctive camping experiences and attract a greater audience towards camping pursuits.
A rise in the number of adolescent and adult campers can be attributed, in large part, to the proliferation of camping clubs and organizations that provide support for the activity. The growing number of participants directly facilitates the expansion of the market's scope. One of the most important factors influencing the direction of the industry is the growing number of camping clubs and associations that interact with millennials who exhibit a passion for various types of recreational activities.
The high cost of camping equipment tailored for recreational use is anticipated to impede the market's growth in the projected period. Premium outdoor camping gear, including luxury camping equipment and high-performance supplies, typically come at a higher cost than other outdoor camping products. The cost of producing camping equipment can be high due to the need for specialized materials and technology. As a result, premium products are projected to limit the growth of the camping equipment market.
On the basis of type, the camping equipment market is divided into camping furniture, camping backpacks, tents, cooking systems & cookware and camping gear & accessories. The camping backpacks segment held the highest revenue share in the camping equipment market in 2022. This is owing to its ability to conform to the body's shape, unlike a travel backpack. The adjustable straps enable comfortable to wear by adapting to the physical structure of the user. To optimize the weight distribution, one can modify the backpack by adjusting the load straps on the shoulder straps to either increase or decrease pressure.
Based on application, the camping equipment market is segmented into personal and commercial. The commercial segment acquired a significant revenue share in the camping equipment market in 2022. This is because camping equipment like tents is utilized in various adventure-based sports events. These units are ideal for corporate events, athletic competitions, and trade shows. With the growing adventure tourism sector joined with people enrolling in such events and clubs for nature exploration and fitness, the demand for commercial camping equipment will surge providing growth to the segment in the projected period.
By distribution channel, the camping equipment market is classified into business to business, supermarket & hypermarket, specialty sporting stores, online retailers and others. The business-to-business segment witnessed the largest revenue share in the camping equipment market in 2022. This is owing to the fact that B2B clients tend to place larger camping equipment orders and have a higher spending capacity compared to retail clients. As a result, business-to-business sales have a higher revenue generation potential than business-to-consumer sales.
Report Attribute | Details |
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Market size value in 2022 | USD 22.8 Billion |
Market size forecast in 2029 | USD 37.9 Billion |
Base Year | 2022 |
Historical Period | 2019 to 2021 |
Forecast Period | 2023 to 2029 |
Revenue Growth Rate | CAGR of 7.7% from 2023 to 2029 |
Number of Pages | 229 |
Number of Table | 385 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Companies Strategic Developments, Company Profiling |
Segments covered | Type, Application, Distribution Channel, Region |
Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
Growth Drivers |
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Restraints |
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Region-wise, the camping equipment market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific region registered the highest revenue share in the camping equipment market in 2022. The Asia Pacific region is projected to experience rapid growth due to the increasing tourism infrastructure in the countries. This is expected to boost the demand for camping equipment in the region. Furthermore, the rising disposable income of the demographic in the area has led to a surge in expenditure on leisure pursuits. This is expected to stimulate market expansion in APAC during the projected period.
Free Valuable Insights: Global Camping Equipment Market size to reach USD 37.9 Billion by 2029
The major strategies followed by the market participants are Product Launches. Based on the Analysis presented in the Cardinal matrix; VF Corporation is the forerunner in the Camping Equipment Market. Companies such as Dometic Group AB, Johnson Outdoors, Inc., and Newell Brands, Inc. are some of the key innovators in the Camping Equipment Market.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include AMG Group Ltd, Big Agnes, Inc., Dometic Group AB, Exxel Outdoors, LLC, Hilleberg the Tentmaker, Inc., Johnson Outdoors, Inc., Newell Brands, Inc., Oase Outdoors ApS, Simex Outdoor International, VF Corporation
By Type
By Application
By Distribution Channel
By Geography
The Market size is projected to reach USD 37.9 Billion by 2029.
A Growing Number of Camping Clubs are driving the market in coming years, however, The High Cost of Camping Equipment restraints the growth of the market.
AMG Group Ltd, Big Agnes, Inc., Dometic Group AB, Exxel Outdoors, LLC, Hilleberg the Tentmaker, Inc., Johnson Outdoors, Inc., Newell Brands, Inc., Oase Outdoors ApS, Simex Outdoor International, VF Corporation.
The expected CAGR of this market is 7.7% from 2023 to 2029.
The Personal market is leading the Market by Application in 2022; thereby, achieving a market value of $26.1 billion by 2029.
The Asia Pacific market dominated the Market by Region in 2022; thereby, achieving a market value of $13.8 billion by 2029.
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