Million Insights - World's Fastest Growing Market Research DatabaseAccording to new report available with Million Insights, the global camping furniture industry report offers the most up-to-date data on current market scenario, trends and future outlook. This study provides numerous opportunities for market players to invest for research and development in the market.
The global Camping Furniture Market size is expected to register a revenue of USD 275.8 Million by the end of 2025, according to a new report by Million Insights. It is expected to grow with a CAGR of 4.9% from 2019 to 2025. This growth can be attributed to rising trend for outdoor camping and other recreational activities among the working and millennial population. Moreover, promotional activity being undertaken by various governments is anticipated to further fuel up the market growth.
The offline segment of distribution channel held the largest share of 70.0% across the global market due to the preference of physical verification of the product before making the purchase decision. The online distribution channel is anticipated to witness the highest growth with a CAGR of 5.3% in the upcoming years due to features like doorstep delivery, availability of a wide range of products for comparison and hassle-free instant delivery.
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The chairs and stools product segment held the largest share of 51% across the global market. These products can be easily carried at the camp sites owing to their foldable and lightweight features. The segment of table is anticipated to register the highest CAGR of 5.4% from 2019 to 2025 owing to their usage for outdoor dining and food preparation coupled with growing utility for playing cards and other board games.
Europe held the largest share of 35.2% across the global market in 2018 owing to increase in the tourism sector and outdoor recreation activities across this region. In addition, countries like the Netherlands, U.K., France, Germany, Italy, Spain, and Denmark are promoting their tourism industry which in turn is boosting the growth of camping furniture market. Asia Pacific is anticipated to register the fastest growth rate from 2019 to 2025 due to increasing population and rising disposable income among the working population.
Key players in the market of camping furniture are Oase Outdoors ApS; GCI Outdoor; Helinox; Johnson Outdoors Inc.; TREKOLOGY; Camp Time Inc; Tepui Tents; and Kamp-Rite. They are constantly engaged in product launches and development to gain competitive advantage over other players.
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Further key findings from the report suggest:
• The chairs and stools product segment held the largest share of 51% across the global market.
• The segment of table is anticipated to register the highest CAGR of 5.4% from 2019 to 2025.
• Europe held the largest market share of 35.2% in the global camping furniture market.
• Key players in this market are Oase Outdoors ApS; GCI Outdoor; Helinox; Johnson Outdoors Inc.; TREKOLOGY; and Camp Time Inc.
Million Insights has segmented the global camping furniture market on the basis of product, distribution channel, and region:
Camping Furniture Product Outlook (Revenue, USD Million, 2015 - 2025)
• Chairs & Stools
• Cots & Hammocks
Camping Furniture Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
Camping Furniture Regional Outlook (Revenue, USD Million, 2015 - 2025)
• North America
• Asia Pacific
• Central & South America
• Middle East & Africa
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