Global Camping Tents market – A report by Fact.MR
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Camping Tents market. The Camping Tents report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth. Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the Camping Tents report elaborates the market behavior of each vendor operating in the Camping Tents market.
The Camping Tents report considers the following years to present the overall market growth:
- Forecast Year: 2018 – 2027
Key findings of the Camping Tents market study:
- Regional breakdown of the Camping Tents market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Camping Tents vendors in detail.
- Region-wise and country-wise fragmentation of the Camping Tents market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Camping Tents market.
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Product Innovation to Remain a Popular Trend in the Camping Tents Market
The use of unique fabric for camping tents can help manufacturers to differentiate their product range. In addition, market players are also focusing on introducing innovative designs of camping tents to attract a larger consumer base across the globe. Nordisk – a Danish manufacturer of camping equipment – recently designed a camping tent resembling the traditional nomadic tepees, which is called ‘Alfheim’. This camping tent is inspired by the shape of nomadic tepees, which is made of cotton and is easy to build. Nordisk tested the strength and resistance level of Alfheim to the wind in a professional wind tunnel, to define the reliability of these tends to be used as camping tents.
Similarly, SmithFly – an American outdoor equipment company – recently introduced a floating camping tent, which is called ‘Shoal Tent’. The tent structure and the “six-inch thick drop stitched” base are inflatable, and the base acts as an air mattress. Also, comfort and ease of use of camping tents remain important factors that can impact the purchasing decisions of consumers. Developing such innovative types of camping tent can help market players to attract a huge number of consumers and establish a stronger position in the camping tents market.
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Growing Outdoor Recreation Economy to Boost the Camping Tents Market Growth
Indulging in outdoor recreation activities is becoming one of the most popular trends among consumers across the globe. While leading a fast-paced lifestyle and hectic routines, consumers feel the need to get involved in outdoor recreation activities such as backpacking and camping. The Outdoor Industry Association (OIA) stated that consumers spend over US$ 887 billion each year on various outdoor recreation activities like camping. It directly signifies that increasing sales of camping gear such as camping tents, which is likely to support the growth of the camping tents market. The OIA also states that, each year, American consumers spend around US$ 31.2 billion on camping gear and accessories such as camping tents. The continuous economic growth of the outdoor recreation industry and gaining popularity of camping among consumers is triggering the rapid growth of the camping tents market.
The National Forest System (NFS) and the US Department of Agriculture conducted a survey in 2017, which states that annually, more than 148 million people travel with various outdoor pursuits. According to OIA, over the last decade, around 50% of all Americans participated in various outdoor activities. It also states that the number may outgrow in the upcoming years. Identifying the potential of economic growth in the rapidly expanding outdoor recreation industry, many governments are making strategic investments in the industry. Governments are creating smart policies to foster outdoor recreation and improve the outdoor economy, which can complement the expansion of the camping tents market. Manufacturers can benefit from various government policies and strategies to improve their sales across the globe.
Queries addressed in the Camping Tents market report:
- Why are the Camping Tents market players targeting region for increased product sales?
- What patented technologies are the players utilizing in the global Camping Tents market?
- Which regions are displaying the fastest growth in the Camping Tents market?
- What are the underlying micro- macroeconomic factors affecting the global Camping Tents market?
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