The Asia Pacific Camping Tent Market Market is expected to 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 market. The Camping Tent Market market is expected to 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 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 Tent Markets across the region. Due to this, the regional Camping Tent Market market is flourishing.
The China market dominated the Asia Pacific Camping Tent Market Market by Country in 2021, and is expected to 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 is expected to 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.
By Application
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 market. The Camping Tent Market market is expected to 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 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 Tent Markets across the region. Due to this, the regional Camping Tent Market market is flourishing.
The China market dominated the Asia Pacific Camping Tent Market Market by Country in 2021, and is expected to 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 is expected to 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
- Tunnel
- Dome
- Geodesic
- Specialty sporting stores
- B2B sales
- Supermarkets/Hypermarkets
- Online retailers
- Others
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- 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
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. Asia Pacific Camping Tent Market by Application
Chapter 5. Asia Pacific Camping Tent Market by Type
Chapter 6. Asia Pacific Camping Tent Market by Distribution Channel
Chapter 7. Asia Pacific Camping Tent Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- 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
Methodology
LOADING...