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Meticulous Research®—a leading global market research company, published a research report titled ‘Camping Equipment Market—Global Opportunity Analysis and Industry Forecast (2024-2031).’ According to this latest publication from Meticulous Research®, the camping equipment market is expected to reach $33.2 billion by 2031, at a CAGR of 6.2% from 2024 to 2031.
The growth of the camping equipment market is primarily driven by the rising interest in outdoor recreational activities, increased institutional support for camping & trekking, and an increase in customized travel options offered by tourism companies. However, the seasonality of demand for camping equipment may restrain the growth of this market.
Additionally, initiatives by tourism associations to promote camping, along with advancements in camping equipment focused on safety, are expected to create growth opportunities for market players. However, the high cost of camping equipment and limited distribution channels, particularly in rural areas, are significant challenges affecting the market’s growth.
The camping equipment market is segmented by product type and distribution channel. The report evaluates industry competitors and analyzes the market at the regional and country levels.
Based on product type, in 2024, the backpacks segment is anticipated to dominate the camping equipment market. This segment’s dominant position in the camping equipment market can be attributed to the increasing interest in outdoor activities such as hiking, trekking, and camping and the rise of adventure tourism.
Based on distribution channel, in 2024, the online stores segment is anticipated to dominate the camping equipment market. This segment’s dominant position in the camping equipment market can be attributed to factors such as the convenience of shopping from home, access to a wide range of products, and the ability to compare prices and reviews easily. Additionally, the increasing adoption of mobile commerce and the proliferation of e-commerce companies offering fast shipping and doorstep delivery are driving more consumers to purchase camping gear online.
Based on geography, in 2024, North America is anticipated to dominate the camping equipment market. North America’s dominant position in the camping equipment market can be attributed to the presence of leading camping equipment brands and manufacturers, high demand for luxury and premium travel accessories, and a wide range of brands offering advanced camping gear and accessories.
The key players operating in the camping equipment market are Nemo Equipment, Inc. (U.S.), Johnson Outdoors Inc. (U.S.), Newell Brands Inc. (U.S.), Zempire Camping Equipment (New Zealand), Exxel Outdoors, LLC. (U.S.), MountCraft (India), Big Agnes Inc. (U.S.), Supa Peg Australia Pty Ltd. (Australia), Nordisk Company AS (Denmark), Simex Outdoor International GmbH (Germany), Dometic Group AB (Sweden), Coleman Company, Inc. (U.S.), Mountain Safety Research (U.S.), Osprey Packs, Inc. (U.S.), and Vango (U.K.).
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=6092
Key Questions Answered in the Report-
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