The global camping equipment market size was valued at USD 77.94 billion in 2022. The market is projected to grow from USD 83.58 billion in 2023 to USD 133.05 billion by 2030, exhibiting a CAGR of 6.9% during the forecast period.
Equipment for camping is used by trekkers and hikers for trekking and hiking respectively for safety and convenience. Trend and need for leisure activities in the young population is augmenting the market growth. Habit of travelling post-pandemic has surged the market share for the equipment. Fortune Business Insights™ shares this information in its report titled “Camping Equipment Market, 2023-2030.”
List of Key Players Profiled in the Market Report
Segmentation
Backpacks to Lead as They are Lightweight And Convenient To Carry
On the basis of product type, the market is segmented into backpacks, sleeping bags, tents, cooking system, furniture, and others. Backpacks segment held the majority part in as they are very lightweight and convenient for the consumers to carry their belongings from place to place. The backpack segment is set to hold a share of 26.22% owing to the increasing trend for travel and tours among the young population.
Offline Channels To Lead As They Offer A Wide Range Of Products
Based on distribution channel, the market is segmented into offline stores and online stores. Offline channels are expected to dominate the segment as supermarkets and hypermarkets and others have a wide range of products. They also provide consumers to check the authenticity of the products. Online segment is also increasing due to prevalence of e-commerce in various regions.
Geographically, the market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa.
Report Coverage