Additionally, various corporate firms are spreading awareness regarding the advantage of outdoor activities including trekking, mountaineering, and hiking among their employees in order to improve the physical and mental fitness. Over the past few years, the manufacturers have been offering products with various convenient features including wind-protection, easy cleaning, easy ignition additional satellite burner, and enhanced burner output in order to expand their customer base.
Multi-fuel products are expected to expand at the fastest CAGR of 6.3% from 2019 to 2025. Consumers prefer to purchase this product due to its ability to burn with kerosene, white gas, unleaded auto fuel, jet fuel, and diesel. The buyers will purchase this product as its burning can be regulated for versatile cooking and it can be folded into its one-third size.
Offline distribution channel led the market and generated a revenue of USD 364.8 million in 2018. These channels offer products of different brands as well as private level players. It has been observed that hypermarkets and convenience stores offer various attractive benefits. Furthermore, offline stores provide various add-on sale services including warranty vouchers and engineer assistance in order to attract more customers.
Asia Pacific is expected to be the fastest growing region, expanding at a CAGR of 6.4% from 2019 to 2025. China, India, Australia, Japan, Thailand, and Indonesia are the key countries contributing to the market growth. It has been observed that sales of camping stoves is increasing due to factors including rise in discretionary spending, surge in the number of adventure clubs and associations, and growing consumer interest in outdoor activities in the aforementioned countries over the next few years.
The global market is fragmented in nature with high concentration of manufacturers across developing economies including China and India. Some of the key players operating in the market for camping stoves are Johnson Outdoors Inc.; Coleman Company, Inc.; BioLite Inc.; CampChef.com; Katadyn Products Inc.; Ecozoom; Primus; Vango; Zhejiang Deermaple Outdoor Products Co. Ltd.; and Cascade Designs, Inc. Companies are investing in product innovations to expand their customer base. For instance, in December 2017, “Morphcooker” has launched electric camping stove with features including controller, travel case, interchangeable battery cell, stove lid, and home charger.
Camping Stoves Market Report Highlights
- Wood burning stoves have secured the dominant market share with 51.6% in 2023 owing to their affordability and efficiency. These stoves utilize wood as fuel, which is widely available and cost-effective.
- Offline distribution channels secured the dominant market share in 2023 as they include retail stores, specialty shops, and department stores. They offer a wide range of products from different brands in a single location.
- The North America camping stoves market held 48.8% of the market share in 2023 owing to the increasing popularity of outdoor pursuits, such as hiking, camping, and backpacking. This has led to an increased demand for camping equipment, including stoves.
The leading players in the Camping Stoves market include:
- Coleman Company Inc.
- Camp Chef
- Primus AB
- Jetboil, Inc.
- MSR
- Savotta
- Gas ONE
- GSI
- Eureka
- Solo Stove
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Companies Mentioned
The leading players in the Camping Stoves market include:- Coleman Company Inc.
- Camp Chef
- Primus AB
- Jetboil, Inc.
- MSR
- Savotta
- Gas ONE
- GSI
- Eureka
- Solo Stove
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 100 |
Published | September 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 604.2 Million |
Forecasted Market Value ( USD | $ 881.5 Million |
Compound Annual Growth Rate | 5.6% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |