Market Size of Camping Equipment Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 19.64 Billion |
Market Size (2029) | USD 26.46 Billion |
CAGR (2024 - 2029) | 6.15 % |
Fastest Growing Market | Middle-East and Africa |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Camping Equipment Market Analysis
The Camping Equipment Market size is estimated at USD 19.64 billion in 2024, and is expected to reach USD 26.46 billion by 2029, growing at a CAGR of 6.15% during the forecast period (2024-2029).
COVID-19 affected the camping equipment market drastically, and the demand for camping equipment declined due to specific rules and regulations imposed by governments across several nations worldwide to curb the spread of the virus. These rules have resulted in a reduction of travelers by volume. The closing of tourist places also significantly impacted the camping market. However, during the third quarter of 2021, many of these places were reopened to accelerate the economic growth rate of different countries. Thus, this phase resulted in more travel by people to several destinations, which boosted the camping equipment market.
Vendors are introducing camping equipment that ensures higher safety and comfort level in terms of the material's size, weight, and quality. They have also started developing a type of insulation intended to protect consumers from extreme climatic conditions.
Several camping organizations and service providers like the American Hiking Society, the NorthEast Campground Association, BYM Camps, and more are introducing camping programs targeted at different age groups to attract new campers. In addition, with the rising awareness about environmental preservation, demand for eco-friendly camping equipment is on the rise. Thus, vendors are introducing eco-friendly equipment to differentiate and expand their product lines. Such innovations in camping equipment may increase the sales during the forecast period.
Camping Equipment Industry Segmentation
Camping equipment means products or equipment intended, designed, or used for temporary human occupancy while going for an outdoor activity involving overnight stays away from home in a shelter, such as a tent or a recreational vehicle. The camping equipment market is segmented by product type into camping furniture, camping backpacks, tents, cooking systems, cookware, and camping gear and accessories. By distribution channel, the market studied is segmented into online retail channels and offline retail channels. By geography, the market studied is segmented into North America, Europe, Asia-Pacific, South America, and Middle-East and Africa. The report contains top-line revenues and a detailed qualitative analysis of the global key players, highlighting the most adopted strategies and recent developments of the companies in the market studied. For each segment, the market size and forecasts have been provided in value (USD million) for the above segments.
Product Type | |
Camping Furniture | |
Camping Backpacks | |
Tents | |
Cooking Systems and Cookware | |
Camping Gear and Accessories |
Distribution Channel | |
Online Retail Channel | |
Offline Retail Channel |
Geography | |||||||||
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Camping Equipment Market Size Summary
The camping equipment market is poised for significant growth over the forecast period, driven by a resurgence in outdoor recreational activities and a growing interest in eco-friendly products. The market experienced a downturn due to the COVID-19 pandemic, which led to reduced travel and closed tourist destinations. However, the reopening of these places spurred a renewed interest in camping, as people sought safe and enjoyable ways to travel and connect with nature. Vendors are responding to this demand by introducing innovative camping gear that prioritizes safety, comfort, and environmental sustainability. This includes advancements in insulation technology and the development of eco-friendly equipment, which are becoming increasingly popular among consumers who are more conscious of their environmental impact.
North America remains the dominant region in the camping equipment market, with the United States leading the charge, followed by Canada and Mexico. The region's strong interest in camping is reflected in the high percentage of leisure travel trips that involve camping activities. The market is characterized by intense competition, with major players focusing on product innovation and geographical expansion to capture a larger share of the market. Companies like Decathlon are successfully penetrating new markets by offering a wide range of camping products, contributing to the overall growth of the industry. The emphasis on technical advancements and new product development is helping these companies maintain a competitive edge and meet the diverse preferences of consumers worldwide.
Camping Equipment Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 Camping Furniture
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2.1.2 Camping Backpacks
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2.1.3 Tents
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2.1.4 Cooking Systems and Cookware
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2.1.5 Camping Gear and Accessories
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2.2 Distribution Channel
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2.2.1 Online Retail Channel
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2.2.2 Offline Retail Channel
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 Spain
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2.3.2.2 United Kingdom
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2.3.2.3 Germany
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2.3.2.4 France
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2.3.2.5 Italy
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2.3.2.6 Russia
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2.3.2.7 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle-East and Africa
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2.3.5.1 South Africa
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2.3.5.2 Saudi Arabia
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2.3.5.3 Rest of Middle-East and Africa
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Camping Equipment Market Size FAQs
How big is the Camping Equipment Market?
The Camping Equipment Market size is expected to reach USD 19.64 billion in 2024 and grow at a CAGR of 6.15% to reach USD 26.46 billion by 2029.
What is the current Camping Equipment Market size?
In 2024, the Camping Equipment Market size is expected to reach USD 19.64 billion.