According to the report published by Allied Market Research, the global camping gear market generated US$2.6 billion in 2021 and is expected to generate US$4.6 billion by 2031, growing at a CAGR of 6.0% from 2022 to 2031 is equivalent to. The report provides a comprehensive analysis of changing market dynamics, key segments, value chain, competitive scenario, and regional landscape. This research provides valuable guidance to leading players, investors, shareholders and startups in developing strategies for sustainable growth and competitive advantage in the market.
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The availability of camping gear through online platforms serves as a potential opportunity for the expansion of the global camping gear market. However, due to the pandemic, the demand for camping equipment and utensils decreased in 2020 compared to 2019. Based on region, North America held the largest share in 2021, contributing more than two-fifths of the global camping gear market share.
The study provides detailed segmentation of the global Camping Equipment market by application, distribution channel and region. The report details segments and their sub-segments using tables and figures. Market participants and investors can strategize according to the top revenue and fastest growing segments mentioned in the report.
Based on application, the personal segment accounted for the highest share in 2021, contributing nearly three-fifths of the global camping gear market and is expected to retain its revenue leadership during the forecast period. However, the commercial segment is expected to show the highest CAGR of 6.3% from 2022 to 2031.
Based on distribution channel, the business-to-business segment accounted for the highest share in 2021, holding nearly one-third of the global camping gear market and is expected to continue its leadership position during the forecast period. However, the online retailers segment is estimated to grow at the highest CAGR of 6.6% during the forecast period.
Based on region, North America held the largest share in 2021, contributing more than two-fifths of the global Camping Gear market share and is expected to retain its dominant share in terms of sales in 2031. However, the Asia-Pacific region is expected to show the fastest CAGR of 7.2% over the forecast period. The research also analyzes regions such as Europe and LAMEA.
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The leading market players in the global camping gear market analyzed in the study include Amg-Group, Big Agnes, Inc, Dometic Group Ab, Exxel Outdoors, LLC, Hilleberg The Tentmaker Ab, Johnson Outdoors, Newell Brands, Oase Outdoors Aps and Simex Outdoor International GmbH and VF Corporation.
The report provides a detailed analysis of these major players of the global camping gear market. These players have applied different strategies like new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and hold dominant shares in different regions. The report is valuable for highlighting business performance, operating segments, product portfolio, and strategic moves made by market players to depict the competitive scenario.
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We are in professional business relationships with various companies and this helps us to unearth market data which help us create accurate research data tables and confirm the highest accuracy of our market forecasts. Pawan Kumar, CEO of Allied Market Research, is instrumental in inspiring and encouraging everyone associated with the company to maintain high data quality and help clients succeed in any way possible. All data presented in the reports we publish are extracted through primary interviews with top officials from leading companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable professionals and analysts in the industry.