Glamping Market Anticipates Exceeding US$ 7.11 Billion by 2031, Sustaining a Robust CAGR of 10.5% From 2022-2031
In 2021, North America accounted for 42.3% in the global Glamping Market Share, and is expected to maintain its dominance during the forecast period.
WILMINGTON, NEW CASTLE, DELAWARE 19801 USA, UNITED STATES, April 29, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, "Glamping Market1 By Application, By Age Group, By Size, By End User, By Distribution Channel, By Product Type: Global Opportunity Analysis and Industry Forecast, 2021-2031". The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends. The global Glamping Market Size was valued at $2.68 billion in 2021, and is projected to reach $7.11 billion by 2031, growing at a CAGR of 10.5% from 2022 to 2031.
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Glamping has been proven to reduce stress and improve mental and physical health. In addition, families, communities, and individuals must indulge in self-care on their days off. However, millennials prefer glamping due to its various benefits, such as living in nature with attractive views. Moreover, rising disposable income, nuclear family coupled with increasing preference for outdoor travel are expected to boost the market during the forecast period.
The global glamping market is segmented into accommodation, application, age group, size, end user, distribution channel, and region. On the basis of accommodation, the market is classified into camping pods and cabins, yurts, tents, treehouses, and others. Among these, the camping pods and cabins segment occupied the major share of the market in 2021, and is projected to maintain its dominance during the forecast period. The growth of the camping pods and cabins segment is attributed to its advance features like safety, the availability of amnesties, and lockable doors and windows.
By size, the market is segregated into 2-Person, 4-Person, Others. The 4- person segment is anticipated to grow at the highest rate during the forecast period, owing to increase in trend of group travels in the glamping market. The other size is estimated to perform good in the forecast period.
Depending on age group, the market is bifurcated into 18-32 years, 33-50 years, 51-65 years, above 65 years. Among these, the age group of 18-32 occupied the major share of the market in 2021, and is projected to maintain its dominance during the forecast period. This is attributed to increase in preference for adventure and traveling in this age group as compared to others. Depending on the end consumer the segment is bifurcated into consumers, and events. The consumer is the major shareholder in end user segment owing to preference of travelers seek for outdoor activities that are elegant, close to nature.
By application, the market is segregated into family travel, and enterprise travel. The family traveler segment is anticipated to grow at the highest rate during the forecast period, owing to increase in trend of outing with family. Moreover, rise in urbanization and nuclear family is expected to further drive the Glamping Market Trends.
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Region wise, North America dominated the market with largest share during the Glamping Market Forecast period. Glamping market and their different accommodations are the mostly enjoyed in North America, especially in U.S. and Canada. The growing preference for comfortable and luxurious traveling as well as increase in Glamping Market Demand for nature adventures are driving the growth of the glamping market in North America. In 2021, North America accounted for 42.3% in the global Glamping Market Share, and is expected to maintain its dominance during the forecast period.
The major players analyzed for global glamping industry are Hilleberg Ab., Johnson Outdoors Inc., The North Face Inc., AMG GROUP, Newell Brands Inc., Oase Outdoors, The Coleman Company, Simex Outdoor International, Kampa, Exxel Outdoors, Bushtec Safari (South Africa), Sawday’s Canopy & Stars Ltd. (UK), Huttopia (France), Wigwam Holidays Ltd (UK), Arena Campsites (Europe).
𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐚𝐧𝐝 𝐃𝐞𝐦𝐚𝐧𝐝𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 𝐨𝐟 𝐆𝐥𝐚𝐦𝐩𝐢𝐧𝐠
𝐑𝐢𝐬𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐔𝐧𝐢𝐪𝐮𝐞 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞𝐬:
Modern travelers are increasingly seeking unique and memorable experiences. Glamping provides an opportunity to connect with nature without sacrificing comfort, catering to those who want to enjoy the outdoors without compromising on luxury.
𝐓𝐚𝐫𝐠𝐞𝐭𝐢𝐧𝐠 𝐃𝐢𝐯𝐞𝐫𝐬𝐞 𝐃𝐞𝐦𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜𝐬:
Glamping is not limited to a specific demographic. It appeals to a wide range of individuals, including couples looking for a romantic getaway, families seeking a different kind of vacation, and even corporate groups organizing team-building retreats.
𝐄𝐜𝐨-𝐅𝐫𝐢𝐞𝐧𝐝𝐥𝐲 𝐚𝐧𝐝 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐞𝐬:
Many glamping sites emphasize eco-friendly and sustainable practices. This aligns with the growing awareness and concern for environmental issues among consumers. Sustainable glamping experiences can attract environmentally conscious travelers.
𝐇𝐞𝐚𝐥𝐭𝐡 𝐚𝐧𝐝 𝐖𝐞𝐥𝐥𝐧𝐞𝐬𝐬 𝐅𝐨𝐜𝐮𝐬:
Glamping experiences often emphasize health and wellness, providing opportunities for activities like hiking, yoga, and spa treatments. The focus on well-being can attract individuals looking for a holistic and rejuvenating escape.
𝐒𝐨𝐜𝐢𝐚𝐥 𝐌𝐞𝐝𝐢𝐚 𝐈𝐧𝐟𝐥𝐮𝐞𝐧𝐜𝐞:
The visual appeal of glamping sites and experiences is highly shareable on social media platforms. This word-of-mouth marketing through social media can contribute significantly to the growth of glamping, attracting new customers based on recommendations and stunning visuals.
𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 𝐨𝐟 𝐆𝐥𝐚𝐦𝐩𝐢𝐧𝐠 𝐒𝐢𝐭𝐞𝐬:
The number of glamping sites worldwide has been steadily increasing. From luxury tents and yurts to treehouses and cabins, the variety of accommodations available contributes to the growth of glamping.
𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐅𝐨𝐫 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬:
○ This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the glamping market analysis from 2021 to 2031 to identify the prevailing glamping market opportunities.
○ The market research is offered along with information related to key drivers, restraints, and opportunities.
○ Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
○ Major countries in each region are mapped according to their revenue contribution to the global Glamping Market Growth.
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𝐑𝐞𝐚𝐬𝐨𝐧𝐬 𝐭𝐨 𝐛𝐮𝐲 𝐆𝐥𝐚𝐦𝐩𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭:
• Procure strategically important competitor information, analysis, and insights to formulate effective R&D strategies.
• Recognize emerging players with potentially strong product portfolio and create effective counter-strategies to gain competitive advantage.
• Classify potential new clients or partners in the target demographic.
• Develop tactical initiatives by understanding the focus areas of leading companies.
• Plan mergers and acquisitions meritoriously by identifying Top Manufacturer.
• Develop and design in-licensing and out-licensing strategies by identifying prospective partners with the most attractive projects to enhance and expand business potential and Scope.
• Report will be updated with the latest data and delivered to you within 2-4 working days of order.
• Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.
• Create regional and country strategies on the basis of local data and analysis.
𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 "𝐀𝐌𝐑 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
○ Canada Glamping Market2 Opportunity Analysis and Industry Forecast, 2021-2031
○ Mexico Glamping Market3 Opportunity Analysis and Industry Forecast, 2021-2031
○ Europe Glamping Market Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/europe-glamping-market-A26856
○ Germany Glamping Market Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/germany-glamping-market-A26857
○ France Glamping Market Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/france-glamping-market-A26858
○ Spain Glamping Market Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/spain-glamping-market-A26859
○ Switzerland Glamping Market Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/switzerland-glamping-market-A26861
○ Italy Glamping Market Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/italy-glamping-market-A26863
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1 https://www.alliedmarketresearch.com/glamping-market-A16856
2 https://www.alliedmarketresearch.com/canada-glamping-market-A26854
3 https://www.alliedmarketresearch.com/mexico-glamping-market-A26855