Product ID: SQMIG25M2034
Global Camping Tent Market Size, Share, Growth Analysis, By Product(Tunnel, Dome), By Distribution Channel(Online, Offline), By Application(Commercial, Individual) - Industry Forecast 2024-2031
Report ID:
SQMIG25M2034 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
88 |
Figures:
76
Global Camping Tent Market Insights
Camping Tent Market size was valued at USD 3.1 billion in 2019 and is poised to grow from USD 3.37 billion in 2023 to USD 7.9 billion by 2031, growing at a CAGR of 8.8% in the forecast period (2024-2031).
Extreme sports and outdoor recreation are anticipated to grow in prominence, propelling the market. Thus, the rise in spending on outdoor activities like hiking, trekking, and mountain climbing has fuelled the demand for simple, convenient, and inexpensive lodging tents that can survive severe weather like storms and snowfall. Camping tents are a necessary piece of equipment for outdoor activities because they are portable and simple to use. Additionally, numerous governments throughout the world are supporting tourism for adventurous sports, like camping, which is also assisting in the expansion of the industry.
Adventure tourism has had tremendous expansion in recent years, particularly in the regions of Europe, North America, and Asia Pacific, which is also benefiting the product demand. To meet the growing demand for cutting-edge products, major corporations in these two regions are concentrating on product launches, R&D, and M&A activities, which is boosting the development of the regional markets.
Participants typically venture outside of their comfort zones to enjoy time in more natural settings. Camping, trekking, and climbing all require a variety of equipment. Additionally, hiking, walking, or jogging are excellent forms of cardio exercise. As camping and associated activities help in easing mind and body tensions, it is gaining traction in several countries all over the world.
US Camping Tent Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Camping Tent Market Report Snapshots
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