Camping Equipment Market Size, Share, Growth, Analysis, Trends, Forecast, to Witness high growth by 2027|UnivDatos Market Insights

A comprehensive overview of the Camping Equipment Market is recently added by UnivDatos Market Insights to its humongous database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Automated Parking System Market. The report offers a detailed analysis of the latest industry developments and trending factors that are influencing market growth. Furthermore, this statistical market research repository examines and estimates the Camping Equipment Market at the regional levels. The Camping Equipment Market is expected to grow at a CAGR of ~7% between 2021-2027

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Market Overview

According to the National Caravan Council (NCC), the U.K. camping industry ‘is at the forefront of U.K. Tourism. The majority of businesses in the industry are SMEs or micro-enterprises, usually independently owned and managed as a family concern. Similarly, It has been witnessed across the world that individuals are now focusing on outdoor activities such as camping that require minimal travel, are more cost-effective, and benefits individual’s mental and physical health. Therefore, with growing participation of individuals in outdoor recreational activities has resulted in the growth of the camping equipment and supplies demand across the world.

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COVID-19 Impact

The ongoing COVID-19 pandemic across the world have had a tremendous impact on different spectra of society, the market for camping equipment no less. Returning to some likeness of normalcy depends on continued safety measures, effective diagnostic testing, and widespread vaccination. COVID-19 has caused widely-documented supply chain and logistics disruptions across industries, including those in the camping equipment industry, which have been exacerbated during the latter portion of fiscal 2021. However, as stay at home restrictions were lifted in many parts of the world by 2nd-3rd quarter of 2020, the major industry players across North America and Europe saw an increase in demand for many of its outdoor recreational and camping products later during fiscal 2020 as consumers took advantage of being outdoors. As a result, camping industry experienced strong demand in the latter half of fiscal 2020.

Camping Equipment Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

By Product, the market is primarily bifurcated into:

·        Tents

o  Tunnel Tent

o  Dome Tent

o  Geodesic Tent

o  Others

·        Sleeping Bags

·        Furniture

o  Chairs & Stools

o  Tables

o  Cots & Hammocks

o  Others

·        Cooking Systems and Kitchenware

·        Camping Gear and Accessories

Based on the product, the market is bifurcated into tents, sleeping bags, furniture, cooking systems and kitchenware, and camping gear and accessories. Among these, cooking systems and kitchenware is expected to witness fastest growth during the forecast period. This can mainly attributed to launch of new and technological advanced cooking equipment such as stoves and other utensils.

By Distribution Channel, the market is primarily studied into:

·        Offline

·        Online

Based on the distribution channel, the market is bifurcated into offline and online distribution channels. In 2020, the offline category held majority share in the market, mainly due to the presence of big specialty stores, sporting goods stores, and other brick and mortar stores offering camping and other outdoor recreational equipment and tools across the world.

Camping Equipment Market Region Segmentation Includes:

·        North America

·        Europe

·        Asia-Pacific

·        Rest of World

Based on the estimation, Geographically, North America leads the market in 2021. This mainly due to the rising popularity of camping among the millennials, as camping is proven to have an impact on reducing stress and contributes to emotional and physical health. Furthermore, as per the North American Camping Report by KOA, Millennials and Gen Xers make up three-quarters of all campers, with Millennials alone accounting for 40%.

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The major players targeting the market includes:

·        Decathlon S.A.

·        Johnson Outdoor Inc.

·        Nemo Equipment Inc.

·        Newell Brands

·        Big Agnes Inc.

·        Nordisk Company AS

·        AMG Group

·        Exxel Outdoors

·        mont-bell Co. Ltd

·        Oase Outdoors ApS

Competitive Landscape

The degree of competition among prominent companies has been elaborated by analyzing several leading key players operating in the global context. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Camping Equipment Market. The major players have been analyzed using different research methodologies for getting insight views on market competition.

Key questions resolved through this analytical market research report include:

·        What are the latest trends, new patterns, and advancements in the Camping Equipment Market?

·        Which factors are influencing the Camping Equipment Market over the forecast period?

·        What are the challenges, threats, and risks in the Camping Equipment Market?

·        Which factors are propelling and restraining the Camping Equipment Market?

·        What are the demanding regions of the Camping Equipment globally?

·        What will be the market size in the upcoming years?

·        What are the crucial market acquisition strategies and policies applied by the companies?

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