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According to a new report, published by KBV research, The Global Camping Equipment Market size is expected to reach $49.2 billion by 2031, rising at a market growth of 8.0% CAGR during the forecast period.
Camping equipment refers to the various tools, gear, and supplies that individuals use to facilitate outdoor living, particularly when spending time in nature away from the conveniences of home. This equipment is designed to help campers stay safe, comfortable, and prepared while engaging in activities like hiking, backpacking, and overnight stays in tents. The range of camping equipment is broad and can vary depending on the type of camping (e.g., car camping, backpacking, glamping), the environment (e.g., forest, desert, mountains), and the duration of the trip.
The Personal segment is registering a CAGR of 7.3 % during the forecast period. The increasing trend of outdoor adventures, solo camping, and family trips has fuelled demand for camping gear tailored to personal use. This segment benefits from the rising interest in nature-based activities for relaxation, fitness, and mental well-being, leading to robust sales across various types of camping equipment.
The Camping Backpacks segment led the Global Camping Equipment Market by Type in 2023; thereby, achieving a market value of $18.1 billion by 2031. As more people engage in backpacking, trekking, and hiking, the demand for durable, ergonomic, and versatile backpacks has risen significantly. These backpacks are designed to carry essential gear while minimizing physical strain efficiently, making them indispensable for outdoor enthusiasts.
The Business to Business segment is growing at a CAGR of 7.2 % during the forecast period. B2B transactions typically involve bulk purchases, allowing businesses to benefit from economies of scale. This results in lower per-unit costs and better pricing, which is advantageous for both the distributor and the retailer.
Full Report: https://www.kbvresearch.com/camping-equipment-market/
The North America region dominated the Global Camping Equipment Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $19 billion by 2031. The Europe region is anticipated to grow at a CAGR of 7.8% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 8.9% during (2024 - 2031).
By Application
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By Distribution Channel
By Geography
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