Camping Equipment Market

Market Overview

The global camping equipment size was valued at USD 24.32 billion in 2023. It is estimated to reach USD 44.33 billion by 2032, growing at a CAGR of 6.9% during the forecast period (2024–2032). The increasing trend of outdoor recreational activities such as camping, hiking, and backpacking is a significant driver. As more people seek adventure and connect with nature, the demand for camping equipment rises.

Moreover, the influence of social media platforms, where users share their camping experiences and adventures, has popularized camping among younger generations. This has contributed to the increased demand for camping gear.

Camping equipment encompasses a wide range of items and tools essential for recreational camping activities, ensuring a comfortable and safe outdoor experience. These items provide shelter, warmth, and convenience while living outdoors and are designed to meet the specific needs of campers. Among the most commonly used camping supplies are tents, sleeping bags, blankets, and sleeping pads, which provide the foundation for a comfortable night's rest. Lanterns and flashlights illuminate the campsite at night, while hatchets, axes, saws, and fire starters are essential for gathering firewood and building a campfire.

Folding chairs offer a comfortable place to sit, while ropes and tarps can be used for various purposes, such as creating a shelter or securing gear. Raincoats and hiking boots provide protection from the elements, and fishing poles offer a source of entertainment and potential sustenance. Canteens and coolers keep beverages and food items fresh, while chuck boxes store cooking implements and utensils. Trash bags and cathole trowels help campers dispose of waste responsibly, while insect repellent and sunscreen protect against bites and sunburn.

Highlights

• Backpacks dominate the product type segment.
• Offline dominates the distribution channel segment.
• North America is the highest shareholder in the global market

Market Dynamics

Global Camping Equipment Market Drivers

Government's Increasing Investments in the Tourism And Travel Industry

Travel and tourism are among the most crucial growth drivers for any economy. In recent years, the global tourism industry has experienced robust growth, supported by various government policies aimed at developing the sector. As the tourism industry significantly contributes to the gross domestic product (GDP) of many nations, governments are motivated to invest in enhancing their travel infrastructure. These investments not only improve facilities but also encourage travelers to spend more on travel accessories and related products, ultimately driving market expansion.

For instance, the Indian government's Swadesh Darshan Scheme aims to promote and capitalize on India's tourism potential through theme-based tourism activities. In March 2022, India's Ministry of Tourism approved over 76 development projects and allocated funding totaling USD 687.84 million across approximately 31 states. This initiative exemplifies how government investments can stimulate tourism growth and boost the market for travel-related products.

Rising Spending on Recreational Activities

In recent years, consumers have become increasingly concerned about their health and fitness, leading to a higher allocation of their spending towards travel and recreational activities. This trend, combined with the growing disposable income of individuals, particularly in developing countries like India, China, Brazil, and France, has significantly boosted the outdoor equipment industry.

Rising disposable income has enhanced the purchasing power of consumers in these regions, further supporting the industry's growth. For example, according to the Bureau of Economic Analysis, outdoor recreation accounted for approximately 37.4% of the total value added to the outdoor recreation industry in the United States in 2020, up from 30.6% in 2019. This increase underscores the growing importance of outdoor activities and the corresponding rise in demand for outdoor equipment.

Global Camping Equipment Market Restraint

High Prices of Various Modes of Transportation

During the forecast period, the growth of the camping equipment market is expected to be constrained by the increasing costs of various modes of transportation, such as airline tickets, international baggage charges, and related expenses. The global rise in transportation costs is contributing to higher inflation rates, leading to a greater portion of consumers' income being allocated to these expenses.

The costs associated with passenger transportation have notably risen in recent years, mirroring the upward trend in air travel and automobile prices. This trend is impacting the camping equipment market as it reduces the frequency of travel-related activities. For instance, according to the latest Consumer Price Index published by the United States Bureau of Labor Statistics, airline ticket prices in the United States increased by approximately 42.9% in September 2022 compared to the same month in 2021.

As transportation costs continue to climb, consumers may opt for fewer travel-related activities, potentially impacting the demand for camping equipment. However, the market's resilience and adaptability may mitigate these effects, as camping offers a relatively affordable alternative to other forms of travel.

Global Camping Equipment Market Opportunities

Increasing Demand for Eco-Friendly Camping Gear

In the coming years, the market for environmentally friendly camping gear is anticipated to experience significant growth. This growth is driven by rising consumer awareness of environmental impacts and a rising preference for products that align with eco-friendly values. This trend is particularly pronounced in developed societies, where social activism and a strong desire to explore nature fuel the demand for sustainable camping equipment. For example, a 2022 report by the Outdoor Industry Association found that 70% of outdoor enthusiasts are willing to pay more for environmentally friendly gear.

Additionally, major outdoor brands are responding to this demand by developing and marketing products made from recycled materials, organic fibers, and sustainable manufacturing processes. The introduction of initiatives such as Patagonia's Worn Wear program, which encourages the repair and reuse of outdoor gear, further exemplifies this shift towards sustainability in the camping equipment market. As consumers continue to prioritize sustainability, the market for eco-friendly camping gear is expected to grow robustly, driven by both consumer demand and innovative product offerings from manufacturers committed to reducing their environmental footprint.

Regional Analysis

North America Dominates the Global Market

Based on region, the global camping equipment market is bifurcated into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. 

North America is the most significant global camping equipment market shareholder and is expected to expand substantially during the forecast period. The demand for luxury and premium travel accessory products in North American countries is rising, driven by a population with high disposable incomes. The presence of well-known players in the United States, offering a wide variety of travel and camping gear, accessories, and kits, has positioned the region at the forefront.

Several factors contribute to North America's market growth, including a growing consumer preference for healthier lifestyles, increased interest in physical fitness, and heightened awareness of camping adventures, particularly in the United States and Canada. Camping has been shown to have positive effects on both physical and mental health, aiding in the treatment of common health issues such as obesity and back pain. Rising disposable incomes and a greater propensity to take vacations further drive consumer demand.

Notably, the United States and Canada are key markets experiencing increased demand for outdoor adventures, known for their picturesque campgrounds and diverse activities. As income levels continue to rise, the regional market is anticipated to achieve consistent growth. According to the Outdoor Industry Association, in 2021, 57.8 million Americans participated in at least one camping trip, reflecting a significant increase from previous years. This surge in participation underscores the growing popularity of outdoor activities. Such factors propel regional market growth.

Segmental Analysis

The global camping equipment market is bifurcated into product types and distribution channels.

Based on product type, the global camping equipment market is segmented into backpacks, sleeping bags, tents, cooking systems, furniture, and others.

Backpacks dominate the product type segment of the camping equipment market. Their adaptability and practicality have long made them the most popular category of camping gear. Lightweight and compact camping equipment is increasingly popular among backpackers and hikers, prioritizing portability and convenience. The market has seen a surge in demand for high-quality, technologically advanced gear that meets these needs. Moreover, factors contributing to the market's expansion include a growing interest in outdoor recreational activities, rising disposable incomes, and an increased emphasis on health and wellness. As outdoor enthusiasts seek versatile and efficient gear, the demand for advanced backpacks and other portable camping equipment continues to rise, further propelling the market's growth.

Tents 

The tent segment represents a significant portion of the market due to its essential role in outdoor activities. Many varieties of tents are found in the market, like dome tents, tunnel tents, geodesic tents, and inflatable tents, among others, on various tastes and needs. Dome tents are in great demand since they can be easily set up and are also relatively stable, while on the other hand, tunnel tents are spacious and mostly preferred by families and groups. Geodesic tents are designed for more extreme weather conditions, making them a choice for serious adventurers and mountaineers. Inflatable tents, a relatively newer addition, provide quick setup and convenience. Growing interest in outdoor recreational activities, increasing trend towards adventure tourism, and rising demand for eco-friendly and sustainable camping gear act as the drivers for tents.

Sleeping Bags

In Sleep Bags, consumers are seeking versatile, lightweight, and compact sleeping bags that offer comfort and durability. Customers look for lightweight and compact products fitted with comfort and durability features. New types of sleeping bags, realized through innovative materials and design, are now including features that elevate insulation and waterproof quality, hence giving some product differentiation with improving user experience. Demand is also fuelled by the emerging adventure tourism and increasing popularity in hiking, trekking, camping, and so on, among different age groups. Besides, environmental concerns are impacting manufacturers to develop eco-friendly and sustainable sleeping bags that appeal most to environmentally conscious consumers.

Cooking Systems

Cooking systems typically include portable stoves, cookware sets, and integrated cooking solutions designed for efficiency and convenience in outdoor settings. These products are favoured by campers, backpackers, and outdoor adventurers seeking lightweight, durable, and compact solutions for preparing meals while camping. Factors referenced by consumers when making decisions about this segment is related to fuel efficiency, ease of use, portability, and fit for various outdoor conditions. Many manufacturers try to upgrade themselves by putting advances in technologies and mechanisms such as efficient fuel consumption and lightweight materials to meet the growing demand for practicality and sustainability when it comes to outdoor cooking.

Furniture

Furniture in camping typically includes items like folding chairs, tables, cots, and portable beds. Lightweight, strong, and easily portable, these products are designed to address the needs of campers who prioritize comfort without compromising on portability. Some of the major drivers for this segment of the market include the creation of materials that improve durability and comfort, modern designs for compact storage, and ergonomic features improving user experience.

Others

Other products include Lighting, First Aid and Navigation. Lighting equipment, including lanterns, headlamps, and flashlights, is essential for night-time visibility and camp setup after dark. There is an increasing innovation in LED technology and solar-powered options have driven growth in this segment. First Aid is the essential need for safety and preparedness in outdoor activities. These kits typically contain items such as bandages, antiseptics, pain relievers, tweezers, scissors, adhesive tape, gauze pads, and emergency blankets. The Navigation equipment segment, comprising compasses, GPS devices, and maps, remains vital for route planning and safe travel in unfamiliar terrains. Collectively, these segments cater to the fundamental needs of campers, emphasizing safety which continues to drive demand in the camping equipment market.

Based on the distribution channel, the global camping equipment market is segmented into online and offline.

Online

The online distribution segment is driven by the increasing consumer preference for the convenience and variety offered by e-commerce platforms. Online retailers provide a wide range of camping equipment, including tents, sleeping bags, cooking systems, furniture, lighting, and other accessories, often at lower price than the offline stores. In Online segment people can easily compare products, read reviews, and can get detailed specification information which enhance the online shopping experience. Also, COVID-19 pandemic also accelerated people to shift towards online shopping. The rise of direct to consumers brands has also contributed for the growth of online segment which also further driving market expansion.

Offline owns the distribution channel segment. Until recently, customers preferred to shop at offline stores like supermarkets, hypermarkets, and sporting goods stores because they could physically inspect and buy camping equipment, verify the product's authenticity, and have access to branded products. Customers' confidence in brick-and-mortar stores, particularly when it comes to purchasing high-quality and premium camping equipment, is another factor that contributes to the dominance of this market segment. Moreover, the physical presence of offline stores allows customers to engage with the products, seek guidance from staff members who are knowledgeable about the products, and make educated decisions about their purchases.

Recent Developments

• April 2024 - Outdoor Chattanooga and the Chattanooga Public Library announced the Adventure Library, a new collection of camping and hiking equipment that is complimentary to borrow with a Chattanooga Public Library card. The Adventure Library's assortment of outdoor gear includes tents, sleeping bags, trekking poles, lighting, backing, and swimming gear.
• October 2023- Genesis, a high-end automotive brand operating under the Hyundai Motor Group umbrella, unveiled its "Camping Gear Black Edition" product, which is specifically designed for camping-inclined outdoor enthusiasts. A collaboration with renowned camping specialist brands such as iKamper, Helinox, and Thule produced the Camping Gear Black Edition.