According to FMI’s forecasts, the glamping market is expected to grow from US$ 3.84 billion in 2023 to US$ 11.62 billion by 2033. The market is anticipated to grow at an astounding CAGR of 11.69% throughout this time.
Increasing government-backed investments in the tourism sector across the globe is a chief factor driving the glamping market. Players in the tourism sector are offering better means to attract more tourist to outdoor locations.
The uptake and integration of technologies in such locations is encouraging consumers to opt for outdoor recreational activities, thereby augmenting the growth in the market.
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The developments of recreational vans and other motor homes with rental services is another factor boosting the market. Individuals are spending quality time with family and friends in remote areas and with the availability of all the resources at hand, which is emerging as a trend in the global tourism sector.
Further, the higher number of tourist locations in Europe and the development of regional tourism by various countries such as Spain, France, U.K., Germany, etc., is spurring demand in the market, and the trend is expected to continue over the forecast period.
Land adventure tourism is gaining popularity across the globe. The advent of technology and recent developments in outdoor sports activities that include optimal safety of tourists is boosting sales in the glamping market.
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“Increasing sales of eco-pods, along with growing integration of technologies to facilitate comfort and safety in such accommodations will continue driving sales in the market over the assessment period,” says the FMI analyst.
Key Takeaways:
- Based of product type, sales of eco-pods will remain high through 2032.
- In terms of age group, demand in the 18-32 segment will gain traction over the forecast period.
- By size, the 2-5 persons segment will expand at a robust pace through 2032.
- The U.S. will continue dominating the North America glamping market.
- Spain will emerge as a lucrative market, accounting for a dominant share in the Europe glamping market.
- The India glamping market will continue witnessing high demand over the forecast period.
Key Players:
- ACCOR SA.
- Hilton Worldwide Holdings Inc.
- Radisson Hotel Group
- Hipcamp
- Bourne Leisure Holdings Limited
- TENTRR
- Tents Xpert
- Under Canvas
- The Resort at Paws Up
- Collective Retreats
- Asheville Glamping
- GlamXperience
- PurePods
- Getaway House, Inc.
- Hoshino Resorts Inc.
- Baillie Lodges
Glamping Market by Category
By Type:
- Motor Homes
- Tree houses
- Eco-pods
- Yurts
- Tipis
- Safari Tents
- Bell Tents
- Others
By Consumer Orientation:
- Male
- Female
- Kids
By Age Group:
- Below 18 years
- 18-35 years
- 35-50 years
- Above 50 years
By Size:
- Less than 2 people
- 2-5 people
- More than 5 people
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa (MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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