The North America Camping Equipment Market would witness market growth of 7.1% CAGR during the forecast period (2023-2029).
The increasing awareness of fitness and the development of infrastructure in the tourism and travel industry are expected to drive the demand for outdoor activities. Moreover, the marketing tactics employed by leading e-commerce enterprises are expected to boost the profits generated from travel merchandise and consequently bolster the expansion of the market.
The increase in camping popularity can be attributed to factors such as the rising trend of wellness and mindfulness, as well as the demand for outdoor escapades and unplugging from technology. Camping provides individuals with an opportunity to immerse themselves in the great outdoors, inhale unpolluted air, and retreat from the fast-paced urban lifestyle. It offers a budget-friendly substitute for pricey vacations, rendering it a desirable choice for both families and individuals.
The primary target audience for the camping equipment market includes nature lovers, outdoor enthusiasts, and those looking for adventure. The market segmentation indicates that the younger demographic prioritizes lightweight and portable equipment, while the elderly population values comfort and durability.
The increasing popularity of camping in the US has led to a rise in international campers. Tourists from various countries are flocking to renowned camping spots in the United States to create lasting memories and acquire novel experiences. Millennials engage in camping for multiple purposes. Some prioritize spending quality time with loved ones, while others prioritize improving their well-being through increased physical activity and emotional self-care.
The US market dominated the North America Camping Equipment Market by Country in 2022; thereby, achieving a market value of $8,197.2 million by 2029. The Canada market is poised to grow at a CAGR of 9.5% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 8.5% during (2023 - 2029).
Based on Type, the market is segmented into Camping Backpacks, Camping Furniture, Tents, Cooking Systems & Cookware and Camping Gear & Accessories. Based on Application, the market is segmented into Personal and Commercial. Based on Distribution Channel, the market is segmented into Business to business, Specialty Sporting Stores, Online Stores, Supermarket / Hypermarket and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Camping Equipment Market is Projected to reach USD 37.9 Billion by 2029, at a CAGR of 7.7%
The market research report covers the analysis of key stake holders 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
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