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The market seem to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such The North Face, Coleman Company, Inc., Recreational Equipment, Inc., Big Agnes, Mountain Safety Research, Hikergroup, Eureka, Kelty collectively held around 25%-30% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.
Major players operating in the camping tent industry are:
The backpacks segment will reach around USD 3 billion through 2032, owing to the increasing demand for lightweight, portable solutions among hikers and adventure travelers.
Camping tent industry was valued at USD 3.9 billion in 2023 and will exhibit a 7.2% CAGR from 2024 to 2032, attributed to increasing interest in outdoor recreational activities, spurred by a growing focus on health, fitness, and nature experiences.
North America camping tent industry will achieve USD 1.9 billion by 2032, driven by a strong culture of outdoor recreation, including camping, hiking, and adventure tourism.
Prominent players operating in camping tent industry are Bass Pro Shops, Big Agnes, Coleman Company, Inc., Deuter, Eureka, Hikergroup, Kelty, Mountain Safety Research, Nemo Equipment, Inc., Osprey Packs, Inc., Recreational Equipment, Inc., Sierra Designs, Snow Peak, The North Face, and Vango, among others.