Lucintel Anticipates Global Camping Equipment Market to Reach $5.0 Billion by 2019
Irving, TX, May 25, 2014 --(PR.com
)-- The global camping equipment market is expected to reach an estimated $5.0 billion by 2019. The major drivers of camping equipment are increasing recreational expenditure, changing lifestyle, and rising participation in outdoor recreational activities. Aging population and early retirement also will drive the industry as early retirement will give people more time for outdoor recreational activities. Growing health benefits of outdoor activities are also projected to give new shape to the camping equipment market during the next decade. Despite various challenges, the market for camping equipment is expected to grow over the forecast period.
Lucintel, a leading global management consulting and market research firm, has analyzed the global camping equipment market by segments and region, and has come up with a comprehensive research report “Global Camping Equipment Market 2014-2019: Trend, Forecast, and Opportunity Analysis.” This report provides an analysis of the global camping equipment market including analysis of the market trend, competitive landscape, company profiles, mergers and acquisitions, emerging trend, and key drivers of industry growth. The study also includes global trend and forecasts for camping equipment through 2019, segmented by regions such as North America, Europe, Asia Pacific, and Rest of World and by product types such as backpacks, tent/shelter, furniture/airbeds, sleeping bags, coolers/containers, and other accessories.
On the basis of its comprehensive research, Lucintel forecasts that majority of the segments for the camping equipment market will grow moderately during 2014-2019. Technological advancements in camping equipment in relation to materials, quality, and weight of the camping equipment are also encouraging the camping equipment buyers to replace the old with new equipment. North America dominates the global camping equipment market as this region has the largest number of campers with camping being the third most popular outdoor recreational sport. Increasing environmental concerns, changes in weather patterns and seasonality variation are hindering the growth of camping equipment market. The industry needs to work towards developing more efficient techniques to reduce environmental effect on outdoor recreational activities.
This 120-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at email@example.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com .
Lucintel, the premier global management consulting and market research firm creates winning strategy for growth—whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M & A and due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com