The Camping Equipment Market report published by Stratview Research offers wide-ranging analysis of key growth strategies, drivers, opportunities, key segments, and competitive landscape, etc. This detailed study is a useful source of information for prominent market players, new entrants, investors, and stakeholders to gain a thorough understanding of the market and determine measures to be taken to gain a competitive advantage.
Some key takeaways from this report –
The report offers key drivers that trigger the growth in the Camping Equipment Market. The insights mentioned in this report helps market players in formulating strategies to gain market presence or to sustain during the hard times. The research also mentions restraints of the market. Critical data on growth opportunities, current and upcoming trends are mentioned to assist market players in taking further steps by determining the potential in untapped regions.
The research offers segment wise analysis of the Camping Equipment Market. Extensive analysis of sales, revenue, growth rate, and market share of each for the historic period and the forecast period is offered with the help of tables, graphs, pie charts and more.
Camping Equipment Market Share: By Product Type
Based on the product type, the market is segmented as camping furniture, camping backpacks, tents, cooking systems and cookware, and camping gear and accessories. The tent segment held the largest share of the market in 2020, and is expected to register the fastest growth during the forecast period. New development of ultra-lightweight tents and instant tents along with the increasing number of people participating in camping activities is the key factor behind the dominance of the segment in the market.
Camping Equipment Market Share: By Distribution Channel Type
Based on the distribution channel type, the camping equipment market is segmented as online retail channel and offline retail channel. The offline retail segment held the larger share of the market in 2020, whereas the online retail segment is expected to register faster growth during the forecast period. The dominance of the offline segment is mainly due to an increasing number of sporting goods stores, supermarkets and hypermarkets offering more options for consumers to make a perfect purchase decision.
In terms of regions, Europe is estimated to be the largest market for camping equipment during the forecast period, with Germany, France, the UK, and Russia being the major countries with lucrative growth opportunities. The growth of the region’s market is mainly driven by the people in Europe who tend to accept early retirement, and the aging population, which is more focused on outdoor activities. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.