Global Camping Furniture Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Camping Furniture Market” is the title of an upcoming market research report offering by MarketResearch.biz. Vital data and information are presented in the report after analyzing and studying a wide range of critical factors, in a systematic and organized format. In addition to the revenue share of each segment, region, and country, revenue growth driving factors, restraints, as well as opportunities in untapped regions and economies are to be included. The company profiles of key players comprise detailed information, recent developments, strategies, and acquisitions &mergers, etc. The global camping furniture market is segmented by type, application, and regions/countries.
Global Camping Furniture Market: Overview
Furniture that is specifically designed to cater to the camping needs of individuals is called camping furniture. Such type of furniture is lightweight, portable, foldable and ranges from chairs, tables to boards and beds.
Global Camping Furniture Market: Dynamics
Drivers: The increasing number of millennials taking part in camping is a major factor contributing to the camping furniture market’s growth. Various governmental initiatives adopted to encourage camping activities are also expected to increase participation, thereby, driving demand for camping furniture. The respective governments of countries in North America, Europe, and Australia are introducing schemes wherein individuals can avail camping facilities at subsidized rates. Facilities such as caravan services and accommodation are now being offered at low prices which has led to market growth.
Over the past few years, millennials have been opting for adventure sports and outdoor activities such as camping, trekking, etc. Preference for non-strenuous recreational activities is increasing among elder consumers and programs have been developed to support their requirements. Such initiatives are expected to drive consumers belonging to a particular age demographic for extensive participation. This is resulting in a subsequent increase in the purchase of camping furniture..
Companies are manufacturing furniture with innovative designs that include multiple functionalities to attract consumers. These companies are also focusing on providing better comfort and reducing weight to make them extra light, thereby, ensuring better portability. Production of eco-friendly furniture with recyclable raw materials including wood, recycled plastic, and aluminum are also encouraged.
Restraints: Increasing global temperatures and extreme weather conditions are expected to contribute to the decline in camping activities. Such factors can restrain the target market growth.
Global Camping Furniture Market: Segment Analysis
By Accommodation: The offline segment, among the other distribution channel segments, is projected to account for majority revenue share over the next 10 years. Offline stores such as brick & mortar stores offer consumers a channel where they can scan the product before purchasing it. It allows them to handpick the best item after comparing other products from different brands.
By Product: The chairs and stools segment is projected to dominate other segments in terms of revenue share. Chairs and stools offer comfort and are easily portable. They are relatively affordable, however, there are different variants that are expensive but offer better comfort and durability. Variants of this furniture that is foldable and can easily fit in the bag packs of travelers are also available.
Global Camping Furniture Market Regional Analysis:
The market in Europe is projected to continue its dominance in terms of revenue share of the global market. Factors such as increasing camping activities for recreation and wellness purposes are among factors driving market growth. Caravanning tourism in the region is becoming increasingly popular as well. Markets in The UK, France, and Italy are major revenue contributors to the regional market.
Revenue in the Asia Pacific market is expected to register a high compounded annual growth rate over the next 10 years. The market in Australia is the major source of revenue for the region. The availability of a substantial amount of caravan parks in Western Australia are some of the factors surging the demand for camping furniture in the country. In addition, the markets in China, India, Thailand and Indonesia are expected to grow owing to a rising participation in outdoor activities coupled with rising disposable incomes of individuals.
Global Camping Furniture Market Segment Analysis:
- Chairs & Stools
- Cots & Hammocks
By Distribution Channel
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Coleman Company Inc.
- ALPS Mountaineering
- Oase Outdoors ApS
- Johnson Outdoors Inc.
- GCI Outdoor
- Recreational Equipment Inc.
- Tepui Tents
- Camp Time Inc.
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