Report ID: UCMIG25H2023
Report ID:
UCMIG25H2023 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2018, the market for camping stoves was estimated to be worth USD 473.9 million. The market's potential will increase due to the increasing necessity of camping stoves for cooking while travelling and camping during holidays. Due to their advantages such as light weight, quick boiling time, small size, and ease of use, these stoves are predicted to gain popularity. The millennial generation's shifting preference for outdoor leisure activities like camping, trekking, mountaineering, and hiking has encouraged the usage of gear like camping stoves, along with tents and backpacks.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Household Appliances by segment aggregation, the contribution of the Household Appliances in Consumer Durables & Apparel and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG25H2023