Home / News / Industry News / Camping Equipment Market Size is projected to reach at USD 27,318 Million by 2030 at a CAGR of 6.9%, Owing to Rising Consumer Expenditure on Leisure Activities

Camping Equipment Market Size is projected to reach at USD 27,318 Million by 2030 at a CAGR of 6.9%, Owing to Rising Consumer Expenditure on Leisure Activities

According to a recent survey, more and more North Americans are discovering the benefits of camping and spending quality time in nature, leading to increased interest in outdoor recreation and activities such as camping, hiking and hiking. According to the 2020 North American Camping Report, there are more than 94.5 million camper dwellings in North America. In the U.S., 48.2 million households reported camping at least once in 2020, with 10.1 million having their first camping experience. With the increase in the number of campers and camping activities, the sales of camping supplies and equipment, which are necessary for such recreational activities, are driving the growth of the camping equipment market.

Camping has many benefits, including its physical and mental health benefits. Beforehand, recreation and outdoor activities are also good for building relationships, learning and developing new skills, disconnecting and disconnecting from electronic devices, interacting with nature, reducing stress, and enhancing physical fitness. The fitness benefits of camping are well documented. According to research, outdoor physical activity and the experience of connecting with nature can promote psychological stability and well-being. Camping equipment and materials are gaining popularity among those who enjoy outdoor recreation. Camping backpacks, furniture, tents, personal protective equipment, cooking systems, cookware and accessories are all available.

Rising global spending on leisure and entertainment activities has increased the demand for leisure goods, supporting market growth. Furthermore, the growing consumption of video-on-demand on different social media sites in the travel and hospitality industry is expected to drive customers to purchase such products. Expansion of tourism and leisure infrastructure coupled with rising fitness awareness is expected to drive market growth for outdoor activities as camping equipment market. Furthermore, the advertising campaigns of several prominent e-commerce organizations such as Amazon, eBay, Walmart, etc. are expected to boost the sales of various travel-related products, thereby boosting the market growth.

Growing participation in various outdoor recreational activities, coupled with rapid changes in lifestyles, and the rise of companies and institutions that support camping are the key forces driving the demand for camping equipment market. Population aging and early retirement are also important factors driving future growth, as early retirement allows people to make a significant contribution to outdoor recreational activities. In addition, the increasing use of various low-cost recreational vehicles is driving the expansion of the camping equipment industry.

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