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Based on product type, the market is divided into tents, furniture, backpack, sleeping bags, cooking systems and others. In 2023, backpacks held the dominant market of USD 5.6 billion and is expected to reach USD 10 billion by 2032. Backpacks with ample storage space and well-organized compartments are in high demand. Features like hydration reservoir sleeves and easy-access pockets add to their appeal. Adjustable, ergonomic designs that provide comfort and support during long treks are essential. Ventilation and padding are also important for extended use. The need for rugged, high-quality materials that can endure rough terrains and heavy loads drives demand for well-constructed backpacks.
Based on price range, the camping equipment market is categorized into low, mid and high. In 2023, mid range camping equipment held the dominant market share of 45% and is anticipated to grow through the years. Mid-range products often come with additional features and improvements in materials compared to lower-priced options. Consumers are drawn to these enhanced features, such as better insulation in sleeping bags or improved ventilation in tents. Consumers in the mid-price range are looking for a balance between quality and cost. They want durable, reliable equipment without the premium price tag. This segment appeals to regular campers who need reliable gear that performs well under various conditions but do not require the high-end features of premium products.
North America held a camping equipment market of around USD 4.9 billion in 2023 and is expected to reach USD 8.8 billion by 2032. There is a growing interest in outdoor activities such as hiking, backpacking, and camping. This trend is driven by a desire for adventure, exploration, and a break from urban life.
The market in U.S. is set to grow through a CAGR of 6.9% through the forecast time period. The mental health benefits of spending time in nature are increasingly recognized. Camping provides an opportunity to disconnect from technology and reduce stress, attracting health-conscious consumers seeking to improve their well-being.
The German Camping Equipment market maintained a considerable position in Europe. There is a rising trend towards outdoor and adventure activities in Germany, driven by a desire for physical fitness and recreational experiences in nature. Activities like hiking, biking, and camping are becoming increasingly popular.
China is supposed to grow at the highest rate of 7.6% in the region. Government investments in national parks, state parks, and recreational areas enhance access to camping sites and encourage more people to participate in outdoor activities.