The report forecasts the camping equipment market in the US to grow at a CAGR of 4.21% during the period 2016-2020.
The rise in online retailing has a strong impact on the sales of camping equipment, and this trend is anticipated to enable the leading players to increase their footprint in the US during the forecast period. Most of the camping programs' organizers are adopting social media platforms and personalized websites to promote their campsites and registration processes. Many mobile applications like CampFone (for all mobile devices), POCKET (Apple and android app), Woodall's, MapMyHike, and iCamp are introduced, which allow consumers to browse the location of caravan parks online. Additionally, these platforms enable tourists to buy camping equipment online. Apart from selling camping equipment through brick-and-mortar sports stores, major competitors are venturing into online retailing because of its growing popularity.
According to the report, high replacement rate will be a key driver for market growth. Camping equipment usually lasts for one to four years, owing to excessive wear and tear, after which replacement is preferred over repair. Tents, backpacks, sleeping bags, and air beds are some of the essential camping equipment, which are required to be replaced at regular intervals. Ideally, a tent with a hole larger than one diameter should not be used. A leaking gas stove should be replaced with an immediate effect. The high and frequent replacement rates of most of the essential camping equipment, therefore, prove to be a boon for the market's growth.
- Johnson Outdoors
- NEMO Equipment
- Newell Brands
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Market segmentation by retail outlet
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Competitor landscape
PART 15: Key vendor analysis
PART 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/z5rxzq/camping_equipment