Camping Equipment Market Expected to Reach $51.8 Billion by 2032—Allied Market Research

According to a new report published by Allied Market Research, titled, “Camping Equipment Market," The camping equipment market was valued at $23.3 billion in 2022, and is estimated to reach $51.8 billion by 2032, growing at a CAGR of 8.6% from 2023 to 2032.

The Camping Equipment industry was valued at $23,252.40 million in 2022 and is estimated to reach $51,746.70 million by 2032, exhibiting a CAGR of 8.6% from 2023 to 2032. Camping equipment are widely used for convenience during camping. Furthermore, camping tents have gained popularity among the campers which has increased the Camping Equipment Market Demand. Various types of tents are available for their accommodation in the market. Commonly used camping tents are dome tent, tunnel tent, and geodesic tent. Rise in awareness regarding health & fitness, increase in number of campers, surge in initiatives from tourism associations to promote camping activities, and increase in youth population are the major factors that drive the growth of the global camping equipment market.  

Since 2014, the popularity of recreational vehicle (RVs) has increased among the campers for the purpose of the accommodation during the camping. In addition, camping tent is affordable and adventurous as compared to the RVs, which entices campers to purchase innovative tents for camping purpose. Manufacturers focus on meeting demand from Indian and Chinese campers according to their environmental needs and camping requirements. Asia-Pacific is expected to offer huge opportunity for camping equipment market in the region. However, increase in interest of campers for novel tents supports the global growth of the Camping Equipment Market Size.  

However, counterfeiting of camping equipment, such as tent, is a key restraining factor of the market. On the contrary, surge in youth population, improvement in lifestyle, and rise in disposable income of people in developing countries are anticipated to offer immense opportunities for the market players. These market players are promoting camping activity among the people through social media and advertisements to attract customers in the market. 

People prefer camping and are willing to purchase necessary camping equipment such as tent, bags, cooking utensils, and others, which supplements the growth of the camping equipment market globally and has affected Camping Equipment Market Trends. E-Commerce or online store is a huge platform growing at a tremendous rate worldwide. Consumers from every age including generation X, millennial, or generation Z like to shop from different e-stores. 

 Online shopping is more convenient as compared to physical shopping stores due to the rise in number of retailers focusing on e-commerce making it convenient for consumers to find anything easily on online store over physical stores. Thus, the growth in digital world and increase in percentage of population inclining toward online shopping across the countries are expected to provide a great opportunity for the camping equipment manufacturers to sell their existing as well as novel camping equipment products through online platform, also contributing in increasing consumer awareness about their products and making them easily available to consumers, thus increasing the Camping Equipment Market Growth. Hence, this fact is anticipated to propel the growth of the camping equipment market during the forecast period, affecting the Camping Equipment Market Share.  

The camping equipment market is segmented into type, application, distribution channel, and region on the basis of Camping Equipment Market Analysis. On the basis of type, the market is categorized into camping furniture, camping bag packs, tents, cooking system & cookware, and camping gears & accessories. On the basis of application, the market is bifurcated into personal and commercial. On the basis of distribution channel, it is fragmented into business to business, hypermarkets/supermarkets, specialty stores, online retailers, and others. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia, and rest of Europe), Asia-Pacific (China, India, Japan, Australia & New Zealand, South Korea, ASEAN and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, MENA and rest of LAMEA). 

Key findings of the study  

• On the basis of application, personal segment dominated the global market in 2022 and is likely to remain dominant during the forecast period. 

• On the basis of type, camping backpacks segment dominated the global market in 2022 and is likely to remain dominant during the forecast period. 

• On the basis of distribution channel, business to business segment dominated the global market in 2022 and is likely to remain dominant during the forecast period  

• On the basis of region, North America region dominated the global market in 2022 and is likely to remain dominant during the forecast period.