The camping power bank market caters to the increasing demand for portable power sources during outdoor recreational activities such as camping, trekking and hiking. Camping power banks are battery chargers that are compact, durable and lightweight, making them ideal for charging electronic devices like smartphones, laptops, tablets and cameras in the wilderness. With rising disposable incomes, more people are taking up outdoor adventure activities, driving up sales of camping gear including power banks.
The global camping power bank market is estimated to be valued at US$ 754.22 Mn in 2024 and is expected to exhibit a CAGR of 4.0% over the forecast period of 2024 to 2030. The increasing popularity of outdoor recreational activities amongst millennials and generation Z is a key factor fueling demand for camping power banks. These compact power sources enable people to easily charge their mobile devices and stay connected while enjoying camping, hiking or other activities in remote locations away from electricity. Rapid advancements in lithium-ion battery technology have made power banks more powerful and durable for outdoor use.
Key Takeaways
Key players operating in the camping power bank market are Monet Group, Tata Steel, Gulf Manganese Corporation Limited, Vale, Eurasian Resources Group, Ferroglobe, China Minmetals Group Co., Ltd., Eramet Group, and South32, OM Holdings Ltd.
The growing popularity of camping and outdoor activities among millennials and generation Z is driving uptick in sales of camping gear including portable battery chargers. Manufacturers are launching more powerful models and attractive marketing campaigns to appeal to this demographic.
Technological advancements have improved battery capacity, life, and charging/discharging speed of newer power bank models. Features like dual USB ports, solar charging, dust/water resistance make power banks suitable for rough outdoor use during adventures.
Market Trends
Portable power stations with higher battery capacity: Leading brands are launching power stations with huge battery capacities ranging from 20000mAh to 50000mAh. These can charge laptops and more devices on single charge.
Smart connectivity features: Newer models offer features like wireless/fast charging, quick charge 3.0/QC 4 support and power delivery protocols. Some allow charging multiple devices simultaneously. App control and power monitoring have also been introduced.
Compact design and lightweight: Manufacturers are focusing on compact sizes without compromising on battery capacity. They utilize lightweight aluminum/plastic construction to reduce weight while ensuring durability.
Market Opportunities
Emergence of outdoor recreational activities in developing regions will drive new sales. Manufacturers can invest in strengthening distribution channels in high potential markets.
Launch of rugged power banks with additional functionalities like emergency LED lights, USB-A/Type C ports, integrated solar panels will appeal to adventure seekers. Developing environment-friendly models using recycled materials can boost branding.
Impact of COVID-19 on Camping Power Bank Market Growth
The COVID-19 pandemic negatively impacted the Camping Power Bank Market Growth in the initial months. Government restrictions on travel and outdoor recreational activities led to a drop in demand for these products. Manufacturing activities were also impacted due to lockdowns and supply chain disruptions. However, as restrictions eased in later months, people started exploring outdoor spaces more for recreational purposes. This increased the demand for camping equipment like power banks to charge devices away from cities.
Going forward, manufacturers need to focus on rapid production to meet the growing demand. End users are also expecting more innovative features like higher capacity, dual USB ports, solar charging etc. This will help power multiple devices during camping trips. Product availability across all channels including online also needs to be ensured. Market players need to closely monitor pandemic developments and ensure business continuity plans are in place to deal with any future disruptions. Collaboration with logistics partners can help maintain steady supply chains.
Camping Power Bank Market Concentration in North America
In terms of value, the camping power bank market was highly concentrated in North America in the pre-COVID period due to high outdoor recreational activities in countries like the U.S. and Canada. Avid campers and hikers in the region had higher spending power and demand for specialized gear. Major brands also focused marketing efforts here.
However, with shifting outdoor trends post-COVID, other regions have emerged as fast growing markets. Asia Pacific is expected to witness the highest CAGR during the forecast period with countries like India, China , Thailand seeing a rise in camping as a trend. This has boosted demand for supporting products and opened up new revenue streams for companies willing to expand distribution here. Affordability of local brands is also driving the market.
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In this report, our team offers a comprehensive analysis of Power Banks market, SWOT analysis of the most prominent players in this landscape.
Along with an industrial chain, market statistics in terms of revenue, sales, price, capacity, regional market analysis, segment-wise data, and market forecast information are offered in the full study, etc.
Download Free Sample Report @ https://www.radiantinsights.com/research/global-power-banks-market-2020-2026/request-sample This report focuses on top manufacturers in global market, Involved the assessment of Sales, price, revenue and market share for each manufacturer, covering• Xtorm• HIPER• Romoss• MI• Pisen• Besiter• SCUD• Pineng• Yoobao• DX Power• Mili• Aigo• Powerocks• Mipow• Lepow• DBK• Koeok On the basis of product, this report displays the Sales, revenue, price, market share and growth rate of each type, primarily split into• Li-ion Battery• Polymer Lithium-ion Battery By Application, this report focuses on Sales, Market share and Growth Rate of each application, can be divided into• Smart Phones• Tablets• Others By Regions, this report splits global market into several key regions, with Sales, Revenue, Price and Gross Margin market share of top players in these regions, from 2014 to 2026 (forecast), like• China• USA• Europe• Japan• Korea• India• Southeast Asia• South America Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-power-banks-market-2020-2026 Table of Contents Global Power Banks Market Professional Survey Report 2019 1 Report Overview1.1 Definition and Specification1.2 Manufacturers and Region Overview1.2.1 Manufacturers Overview1.2.2 Regions Overview1.3 Type Overview1.3.1 Li-ion Battery1.3.2 Polymer Lithium-ion Battery1.4 Application Overview1.4.1 Smart Phones1.4.2 Tablets1.4.3 Others1.5 Industrial Chain1.5.1 Power Banks Industrial Chain1.5.2 Upstream1.5.3 Downstream 2.1 The Overall Market Performance(Volume)2.1.1 Li-ion Battery2.1.2 Polymer Lithium-ion Battery2.2 The Overall Market Performance(Value)2.2.1 Li-ion Battery2.2.2 Polymer Lithium-ion Battery 3 Global Power Banks Market Assessment by Application3.1 Overall Market Performance (Volume)3.2 Smart Phones3.3 Tablets3.4 Others 4 Competitive Analysis4.1 Xtorm4.1.1 Xtorm Profiles4.1.2 Xtorm Product Information4.1.3 Xtorm Power Banks Business Performance4.1.4 SWOT Analysis4.2 HIPER4.2.1 HIPER Profiles4.2.2 HIPER Product Information4.2.3 HIPER Power Banks Business Performance4.2.4 SWOT Analysis4.3 Romoss4.3.1 Romoss Profiles4.3.2 Romoss Product Information4.3.3 Romoss Power Banks Business Performance4.3.4 SWOT Analysis4.4 MI4.4.1 MI Profiles4.4.2 MI Product Information4.4.3 MI Power Banks Business Performance4.4.4 SWOT Analysis Continued… Read all Reports of this category @ https://www.radiantinsights.com/catalog/electronics About Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
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