The report forecasts the global camping equipment market to grow at a CAGR of 4.45% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: A trend boosting market growth is the rising demand for eco-friendly camping equipment. With growing awareness about environment preservation, the demand for eco-friendly raw materials in camping equipment is on the rise. Apart from price, design, and quality, consumers look for the sustainability of products. The Salt Creek 2 by Big Agnes is an eco-friendly product, with the tent, fly, and floor made with 100% recycled materials. The fly and floor are made waterproof with a solvent-free polyurethane coating.
According to the report, a key growth driver is the increasing participation in outdoor recreational activities. As a result of the increasingly fast-paced and hectic lifestyle followed by the global population, consumers are opting for numerous ways to get de-stressed. Owing to such needs, the demand for leisure activities and outdoor sports is on the rise. An increase in disposable income, which has been observed worldwide, will also aid in meeting this demand, as consumers now can afford expensive camping equipment and are preferring to use premium products. An escalation in recreational expenditures is expected over the next five years, which will enhance the popularity of leisure activities and outdoor sports even more.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Johnson Outdoors
- NEMO Equipment
- Newell Brands
- Oase Outdoors
- AMG Group
- Big Agnes
- Force Ten
- Paddy Pallin
- Sierra Designs
- The Camping Equipment
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Segmentation by retail formats
PART 08: Geographical segmentation
PART 09: Key leading countries
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Competitor landscape
PART 16: Key competitor analysis
PART 17: Appendix
PART 18: About the Author
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SOURCE Research and Markets