In 2024, the global camping furniture market is expected to hit approximately US$ 264.2 million. Between 2024 and 2034, it’s projected to grow at a Compound Annual Growth Rate (CAGR) of 4.80%. By 2034, it’s anticipated to reach a valuation of US$ 422.2 million.
Glamping Provides Novel Prospects for Market Growth
- The rising trend of glamping, or luxury camping, is creating fresh commercial opportunities within the camping furniture market.
- Glamping destinations often feature upscale furniture, elevating the camping experience to a more comfortable and luxurious level.
- Establishments investing in glamping initiatives are implementing policies and strategies to promote luxury camping, thereby stimulating demand for high-quality camping furniture.
- This trend not only enhances the overall camping industry but also presents new avenues for market participants to explore and capitalize on.
- By catering to the growing demand for luxury camping experiences, businesses can tap into a niche market segment and differentiate themselves in the competitive landscape.
The global camping furniture market is primarily driven by the rising participation in camping and outdoor recreational activities, particularly among millennials. Such a trend reflects a growing interest in experiencing the great outdoors and enjoying the natural environment. Moreover, governments, particularly in developed countries, have proactively promoted and supported camping activities. These initiatives include implementing policies and programs encouraging people to engage in camping adventures.
Get Recently Updated Report of Market as Sample Copy! https://www.futuremarketinsights.com/reports/sample/rep-gb-18596
The availability of various innovative product designs, such as adaptable and comfortable tables and seats, is driving up the global market for camping furniture. Customers’ preferences have been shifting in favor of contemporary and innovative furniture. Manufacturers strongly emphasize making durable, multipurpose furniture to gain a competitive edge. The demand from manufacturers of lightweight and portable camping gear for reasonably priced and ecologically friendly raw materials, such as aluminum, wood, and recycled plastic, has increased.
The market expansion is expected to be driven by people’s changing lifestyles, rising earnings, and the growing popularity of outdoor activities, including rock climbing, kayaking, fishing, and camping. However, one of the key challenges for campers is using furniture in wet and monsoon seasons. Thus, this may present opportunities for market players to develop monsoon-friendly furniture such as wood-carved or swing furniture. The COVID-19 pandemic caused travel and outdoor activities to be suspended and witnessed a drop in the sector by around 70%. However, after 2020, a significant increase in travel and tourism has been seen due to digitization and normalization of traveling.
Key Takeaways from the Camping Furniture Market:
- The United States camping market is increasing at a CAGR of 2.6%.
- China’s adventure furniture market is projected to grow at a rate of 6.5% until 2034.
- During the forecast period, Germany’s folding campsite gear market is expected to achieve a CAGR of 4.1%.
- India’s camping furniture market is anticipated to expand at a CAGR of 7.0% over the projected period.
- The market for camping gear in Australia is growing at a 4.3%.
- The outdoor furniture market was estimated to be dominated by chairs and stools, with a market share of 47.9%.
- The offline distribution segment is expected to hold a market share of 68.90%.
Request the Full Report Methodology Now!
https://www.futuremarketinsights.com/request-report-methodology/rep-gb-18596
Key Strategies:
There is fierce competition in the market, with companies vying for customers’ attention with innovative and high-quality products. Season-friendly furniture is a very fragmented industry with many small and medium-sized players. These companies often focus on specific service or product categories within a given market. Many businesses focus on organic business development via product launches, approvals, and other things like patents and events. The inorganic growth techniques employed worldwide were partnerships, acquisitions, and collaborations.
Recent Developments:
- Adventure furniture manufacturer EXPED debuted a new model in their EXPED MegaMat line in November 2023. The sleeping pad is a durable, well-insulated, comfortable vehicle camping mattress for mid-size cars.
- The German company Owomo created the build-your-own camper/base camp method in November 2023, using plywood panels as lids for regular boxes.
Market Segmentation
By Product:
- Chairs and Stools
- Tables
- Cots
- Hammocks
- Others
By Materials:
- Metal
- Wood
- Plastic
- Textile
- Others
By Distribution Channel:
- Online
- E-commerce website
- Company website
- Offline
- Supermarket/Hypermarket
- Brand Stores
- Camping Goods Stores
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- The Middle East & Africa
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
