Camping Equipment Market Size, Share & Industry Analysis, By Product Type (Backpacks, Sleeping Bags, Tents, Cooking System, Furniture, and Others), Distribution Channel (Offline Stores and Online Stores), Regional Forecast, 2024-2032

The global camping equipment market size was valued at USD 83.58 billion in 2023 and is projected to grow from USD 89.81 billion in 2024 to USD 172.21 billion by 2032, exhibiting a CAGR of 8.48% during the forecast period. North America dominated the camping equipment market with a market share of 40.37% in 2023.

Camping equipment are mainly used by trekkers and hikers during travelling and trekking respectively for the purpose of safety and convenience journey. These items include tents, small cooking appliances, ropes, bags and others which are required for any type of trek journey. The growing trend for leisure activities, particularly among the young population is likely to propel the market’s size. Moreover, post-pandemic situation has also surged the travelling trend among the consumers, along with augmenting the demand of trekking accessories such as bags, shoes, tents and others and thus contributing to the market’s growth. Additionally, market key players are also targeting to launch new and attractive travelling products, combined with a smart technology, which as a result drives the growth of camping equipment.

Due to the outbreak of COVID-19 pandemic, manufacturers faced challenges sourcing raw materials, manufacturing components, and transporting finished products. These supply chain disruptions affected inventory levels and the availability of camping equipment, potentially impacting product sales and market growth. Besides, with many physical shops temporarily closed, consumers gradually shifted to online platforms to purchase camping equipment. Therefore, e-commerce platforms and outdoor retailers experienced a surge in online sales as consumers sought to shop safely from the comfort of their homes.

Camping Equipment Market Trends

Growing Prevalence of Leisure Activities among the Consumers to drive Product Consumption

Consumers nowadays are actively looking for refreshment and travel exploration, owing to their hectic and busy lifestyle, which spurs the demand for travel kits in the longer span. Furthermore, the growing prevalence of outdoor recreation drives the demand for camping equipment such as tents, sleeping bags, camping stoves, coolers, and other essentials. Many individuals seek out leisure activities that provide opportunities for adventure, exploration, and new experiences. Moreover, leisure activities reduces stress and improves the health of the consumers along with providing personal development and growth in the long run. The escalating popularity of solo and group traveling among the consumers is further enhancing the demand of the trekking equipment market. Moreover, travelling has also become a hobby for most of the youth population, owing to the involvement of travel influencers and hence boosting the travel and tourism market.

Camping Equipment Market Growth Factors

Rising Government Investment towards Tours and Travel Industry to Augment the Market Growth

Travel and tourism is considered as one of the important growth driver for any economy. The strong growth in the global tourism sector since last few years has been supported by the governments of different countries by implementing several development policies for the tourism industry. Tourism sector helps to generate a huge portion of revenue in every country’s GDP and hence encouraging the government to adopt several investments towards improving the travel infrastructural facilities in their respective countries. This in turn motivates the travelers to increase their spending on the travel accessory products and hence driving the market growth. For instance, the government of India has implemented a scheme named ‘Swadesh Darshan Scheme’ which aims at encouraging theme-based tourism activities to promote and capitalize the India’s tourist prospective. In March, 2022, the Ministry of Tourism of India had financed USD 687.84 million and approved over 76 development projects in about 31 states of India.

Increasing Spending on Recreational Activities to Drive the Market Growth

In recent years, consumers are more concerned about their health and fitness which as a result increases their spending portion on travel and recreational events. Moreover, the rising disposable income of the individuals, mainly in developing nations such as India, China, Brazil, France and others has also increased the purchasing parity of the consumers in those regions and thus supporting the growth of the outdoor equipment industry. For instance, as per the data provided by the Bureau of Economic Analysis, in 2020, predictable outdoor recreation comprised for near about 37.4% of the total U.S. outdoor recreation value added, compared to 30.6% in 2019.

RESTRAINING FACTORS

High Prices of different Modes of Travelling to Hinder Market Growth

Increasing prices of travelling modes such as airline tickets, international baggage charges, and others is expected to hamper the camping equipment market growth during the forecast period. The rising costs of transportation globally are resulting to an increase in the inflation rate, which consumes a larger portion of the consumer’s income on these type of expenses. During last few years, passenger transport costs have increased at a much higher rate along with the amplifying price trend of air travels and passenger cars. This has led to a decrease in the travelling activities and hence is projected to affect the market. For instance, as per the data provided by U.S. Bureau of Labor Statistics' latest Consumer Price Index, airlines prices in U.S. have rose by around 42.9% in September, 2022, compared 2021.

Camping Equipment Market Segmentation Analysis

By Product Type Analysis

Backpack Segment to Dominate Market due to its Significant Usage While Camping

Under product type, the market is segmented into backpacks, sleeping bags, tents, cooking system, furniture, and others. The backpacks segment will hold a significant camping equipment market share in the near future as camping backpacks are very lightweight and convenient for the consumers to carry their belongings from place to place. In recent years, most of the backpacks are designed with different pockets and storage spaces, particularly for electronic devices and charging points to provide maximum accessibility for the users. Moreover, manufacturers are continuously striving to implement new products in terms of backpacks that would provide utmost flexibility and comfort to the consumers and hence, augmenting the demand of the segment in the long run.

The backpack segment is projected to hold a share of 26.22% during the forecast period, owing to the increasing trend for travel and tours among the young population.

By Distribution Channel

Offline Stores’ Segment to Dominate Market due to Availability of Branded Products at Hypermarkets

Based on the distribution channel, the global market is alienated into offline stores and online stores. The offline store segment is estimated to dominate the market in the near term as offline stores such as supermarkets and hypermarkets and others offer a wide range of products to the consumers to handpick from different set of items. Also, offline channels provide the consumers to endorse the authenticity of the products which in turn increases the demand of the offline segment.

Apart from the offline segment, the online segment is also projected to grow during the forecasting period due to the increasing prevalence of e-commerce in various regions which fosters the segment’s growth. The young generation nowadays are increasingly inclined towards purchasing from different online portals including Amazon, Flipkart, ebay, Myntra, and others. Furthermore, the companies in recent times have launched their own e-retailing portals for providing access to their customer with a wide variety of products and hence fostering the segment’s growth.

REGIONAL INSIGHTS

In terms of geography, the global market is fragmented into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa.

North America holds the largest share in the market share during the projected period.  The countries of North America are mostly comprised with high income group consumers, which increases the demand of the luxury and premium travel accessory products in those countries. Furthermore, the presence of renowned players in U.S. has allowed the region to capture the highest position in the global market due to the availability of wide range of brands in travel or camping gear and accessories and kits.

Europe is the second dominating region in the global market of travel equipment, increasing at a high growth rate over the forecast period. The outdoor recreational activities in Europe have surged strongly during 2021, post the height of the pandemic situation, owing to the re-functioning of airlines and operations of the tourism industry. Various stakeholders and members of the tourism sector have undertaken many projects along with providing travel packages at an affordable price for the consumers, in order to boost the revenue of the industry and thus, increasing the sales of the overall market.

Asia Pacific region is also expected to witness a significant growth throughout the forecast period. China consists of a treasure of natural beauty along with a varying range of environments, much of which has been begun to be discovered and explored in recent times by intrepid tourists. The prevalence of camping represents an abiding increase in the interest of the youth in outdoor games and events, combined with an ongoing trend for short-haul and domestic travel, which fostered the growth of the market in the region. Furthermore, the governments of various countries have been continuously undertaking several policies and strategies to augment the tourism sector in their respective countries and thus propelling the demand the travel devices in the overall market. For instance, according to the Ministry of Tourism in India, in the Union Budget of 2022-23, the Government of India sanctioned about INR 2,400 crores for the development of the tourism infrastructure, an increase of about 18.42%, compared to 2021-22.

The South American market of camping gear is driven by the rising leisure activities among the young consumers in the region in addition to the availability of different travel packaging offers provided by local tour and travel companies to gear up the tourism segment in countries like Brazil, Argentina, Peru, and others. Moreover, the rising population of the countries of Latin America, rapid industrialization supported by the growing initiatives of the government to boost the travel revenue of the countries has further laid down several opportunities for the travel equipment market in the coming years.

The market of Middle East and Africa can be described by the growing emergence of small scale manufacturers in the region and increasing collaboration of the companies with different local and international brands to gain a cutting edge share in the overall market. The post pandemic situation reflects a new trend in travelling industry as consumers opt for more safety journey along with utmost wellbeing. Moreover, the increasing tourism activities in UAE and South Africa coupled with providing a range of innovative business potentials for the travel companies that mainly focuses on outdoor tours is further intensifying the demand of the entire market.

List of Key Companies in Camping Equipment Market

Company’s Focus on Implementing Acquisition and Portfolio Expansion Strategies to Support Growth

Acquisitions and portfolio expansion enable companies to enter new markets or expand their presence in existing ones. Nowadays, key players such as Johnson Outdoor Inc., Vista Outdoor Inc., Nemo Equipment, Inc., and others focus on acquiring newer brands or expanding their portfolio of camping products to build their presence in the global outdoor equipment industry. Moreover, through acquisitions and portfolio expansion, companies can broaden their range of camping equipment products. This allows them to cater to a wider audience with varying preferences, from casual campers to outdoor enthusiasts. For instance, in December 2021, Vista Outdoor Inc. acquired Stone Glacier, a high-performing hunting gear & sports products brand to expand its presence in the industries of packs, camping gear, and technical apparel categories. Similarly, in May 2020, The North Face Company announced the launch of a new series of mountain kits, particularly for the summer season, which consisted of garments, foot wears and other travel equipment.

LIST OF KEY COMPANIES PROFILED

• MountCraft (India)


• Johnson Outdoor Inc. (U.S.)


• Nemo Equipment, Inc. (U.S.)


• Oase Outdoors ApS. (Denmark)


• Newell Brands (U.S)


• Zempire Camping Equipment (New Zealand)


• Exxel Outdoors, LLC (U.S.)


• AMG Group Ltd. (U.K.)


• Big Agnes, Inc. (U.S.)


• SUPAPEG (Australia)

KEY INDUSTRY DEVELOPMENTS

• October 2022: Makita, a renowned brand of cordless technology, has announced the innovation of cordless digital outdoor adventure, perfect for hiking, trekking, camping and more.


• March 2022: Big Agnes, a renowned brand of outdoor equipment, announced the launch of 3N1 sleeping bag range. It mainly constitutes of two discrete sleeping bags that can be combined to provide a deluxe, temperature monitored sleep environment in different conditions.


• June 2022: Newell Brands Contigo has launched a range of cooking systems including beverage containers, dual-sip thumbler, stainless steel can cooler and tumbler, wine tumbler and other cooking systems and cookware sets. All these products have reusable property and are perfect for any trekking activities.


• May 2022: Pelican International Inc. acquired a majority stake in the outdoor equipment manufacturer GSI Outdoors to diversify its offering in the North America and international markets.


• March 2021: Camping World Holdings, Inc., an American recreational dealer acquired Hilltop RV Superstore, a Michigan, U.S.-based recreational vehicle dealer to increase dealership at two U.S. locations such as Escanaba and Ishpeming.

REPORT COVERAGE

The market report analyzes the market in-depth and highlights crucial aspects such as prominent companies, product types, and sales channels. Besides this, the research report provides insights into the camping equipment industry growth, market trends, competitive landscape, and highlights significant industry developments. In addition to the aspects mentioned earlier, the report encompasses several factors contributing to the market's growth.

Report Scope & Segmentation