This research report provides a segmentation of the global camping tent market by product type (tunnel tents, dome tents, geodesic tents and others) and by geography (APAC, Europe, North America, and ROW). The leading vendors analyzed in this report are Big Agnes, Coleman, Johnson Outdoors, and The North Face.
Technavio’s market research analysts estimate the global camping tent market, to grow at a CAGR of around 4.5% by 2020. Growth in adventure tourism is one of the key drivers of the camping tent market. Users are increasingly demanding light weight tents due to their easy portability. Manufacturers are also introducing instant tents, which makes it easier for the users to pitch the tent. North America is the major revenue-contributing region in the global camping tent market. The growing interest in outdoor recreational activities among the young population is the major driving force in this region.
The new market research report from Technavio provides a breakdown and analysis of the camping tent segments by technology.
“Rise in the online sales of camping tents is the latest trend to watch in this market. Increased penetration of internet and smartphones have boosted the growth of online channels for purchasing camping equipment. This has enabled vendors to increase their customer base on a national scale through online channels. Fast shipping is one of the USPs of online purchase of camping tents, which has inevitably increased customer loyalty,” says Abhay Sinha, Lead Analyst, New Coverage, Technavio Research.
Tunnel tents dominate the global camping tent market, accounting for 42% of the overall market share. These tents are preferred by campers who camp in windy areas. Their specific design allows them to tolerate strong wind, and offer more internal space. Tunnel tents are useful for families and large group of people who camp for longer days and require vestibule area for either storage or cooking.
The leading vendors in the global camping tent market are Big Agnes, Coleman, Johnson Outdoors, and The North Face. The market includes well-diversified global and regional vendors. Intense competition prevails in the market owing to an increase in product and service extensions, technological innovations, and M&As. As global players are increasing their footprint, regional vendors are finding it increasingly difficult to compete with them in terms of quality, technology, and pricing.
A more detailed analysis is available in the Technavio report, Global Camping Tent Market 2016-2020
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