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Asia Pacific Camping Tent Market Size, Share & Industry Trends Analysis Report By Application, By Type, By Distribution Channel, By Country and Growth Forecast, 2022 - 2028

Asia Pacific Camping Tent Market Size, Share & Industry Trends Analysis Report By Application, By Type, By Distribution Channel, By Country and Growth Forecast, 2022 - 2028

  • June 2022
  • 86 pages
  • ID: 6309394
  • Format: PDF
  • KBV Research

Summary

Table of Contents

The Asia Pacific Camping Tent Market would witness market growth of 8.5% CAGR during the forecast period (2022-2028).

The growing popularity of open-air recreational pursuits among people, as well as rising levels of stress and tension, particularly in established and developing economies, are driving the growth of the camping tent market. The camping tent market would continue to grow due to a rising number of product developments and the adoption of lightweight materials made using modern technologies. Other important factors boosting the camping tent market growth rate include an increase in the number of travel influencers, particularly in developing economies such as India and the United States, an increase in the demand for camping canopies in hill stations, and a growing focus of major manufacturers on technological advancements.

A tent is a shelter made comprised of sheets of cloth or other material spread over, fastened to a pole frame, or supported by a rope. Large tents are normally tethered using guy ropes hooked to stakes or tent pegs, whereas smaller tents could be free-standing or fastened to the ground. Tents, which were originally used by nomads as portable houses, are today more commonly used for leisure camping and also as temporary shelters.

The disposable income of the regional population is increasing. According to figures released by the National Bureau of Statistics on Jan 17, China’s per capita disposable income in 2021 was 35,128 yuan (about $5,523), growing 9.1% year on year in nominal terms. Per capita disposable income increased by 8.1% from the previous year after accounting for pricing considerations. According to the organization, resident income growth was approximately in step with the expansion of the Chinese economy last year, and the income gap between rural and urban residents continued to reduce.

Meanwhile, urban per capita disposable income increased by 8.2% nominally and 7.1% in real terms to 47,412 yuan, while rural income increased by 10.5% nominally and 9.7% in real terms to 18,931 yuan. China’s per capita consumption spending in 2021 was 24,100 yuan, up 13.6% in nominal terms and 12.6% in real terms from the previous year. Hence, due to the rising disposable income of the people across the country, their spending capacity is also expanding. Chinese people are becoming more inclined toward camping activities, which is directly increasing the demand for camping tents across the region. Due to this, the regional camping tent market is flourishing.

The China market dominated the Asia Pacific Camping Tent Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $407.6 million by 2028. The Japan market is experiencing a CAGR of 7.8% during (2022 - 2028). Additionally, The India market would exhibit a CAGR of 9.2% during (2022 - 2028).

Based on Application, the market is segmented into Personal and Commercial. Based on Type, the market is segmented into Tunnel, Dome, and Geodesic. Based on Distribution Channel, the market is segmented into Specialty sporting stores, B2B sales, Supermarkets/Hypermarkets, Online retailers, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dometic Group AB, VF Corporation, Newell Brands, Inc., Johnson Outdoors, Inc., Oase Outdoors ApS, Hilleberg the Tentmaker, Inc., AMG Group Ltd., Big Agnes, Inc., Simex Outdoor International, and Exxel Outdoors, LLC.

Scope of the Study

Market Segments covered in the Report:

By Application

• Personal

• Commercial

By Type

• Tunnel

• Dome

• Geodesic

By Distribution Channel

• Specialty sporting stores

• B2B sales

• Supermarkets/Hypermarkets

• Online retailers

• Others

By Country

• China

• Japan

• India

• South Korea

• Singapore

• Malaysia

• Rest of Asia Pacific

Companies Profiled

• Dometic Group AB

• VF Corporation

• Newell Brands, Inc.

• Johnson Outdoors, Inc.

• Oase Outdoors ApS

• Hilleberg the Tentmaker, Inc.

• AMG Group Ltd

• Big Agnes, Inc.

• Simex Outdoor International

• Exxel Outdoors, LLC

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