According to a new report, the global glamping market is segmented into accommodation, application, age group, size, end-user, distribution channel and region.
– Roshan Deshmukh
5933 NE WIN SIVERS DRIVE, PORTLAND, OR, UNITED STATES, Sept. 30, 2022 /EINPresswire.com/ — The glamping market has grown to US$2.68 billion, according to a new report from Allied Market Research titled “Glamping Market.” -$ valued in 2021 and is projected to reach $7.11 billion by 2031, growing at a CAGR of 10.5% from 2022-2031. The size of the glamping market was estimated at US$2,679.7 million in 2020 and is projected to reach US$7,113.0 million by 2031, at a CAGR of US$7,113.0 million, up 10.5% from 2022 to 2031.
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Glamping is available in various types of accommodation such as camping cabins and cabins, yurts, tents, tree houses, boats and floating houses, and airstream caravans. All of these accommodations are different and offer travelers a unique and luxurious camping experience. The hectic lifestyle is driving demand for glamping, an increase in the number of concerts and major music festivals organized every two weeks in different regions of the world is expected to be one of the most influential aspects driving the market. In addition, vacationers today are looking for outdoor activities that are elegant, close to nature and unforgettable
The global glamping market is segmented into Accommodation, Application, Age Group, Size, End-User, Distribution Channel, and Region. On the basis of accommodations, the market is segmented into camping huts and cabins, yurts, tents, tree houses, and others. Among these, the camping pods and cabins segment captured the largest market share in 2021 and is expected to maintain its dominance during the forecast period. The growth of the camping pods and cabins segment is attributed to its advanced features such as security, the availability of amnesties, and lockable doors and windows.
Based on the application, the market is segmented into family travel and corporate travel. The family travelers segment is expected to grow the most during the forecast period as the trend of family outings increases. Additionally, the increase in urbanization and nuclear family is expected to further drive the glamping market trends.
By size, the market is segmented into 2-person, 4-person and others. The 4-person segment is expected to grow the most during the forecast period as the group travel trend increases in the glamping market. The other size is expected to perform well during the forecast period.
Depending on the age group, the market is divided into 18-32 years, 33-50 years, 51-65 years, over 65 years. Among these, the 18-32 age group captured the largest market share in 2021 and is expected to maintain its dominance over the forecast period. This is attributed to the increasing taste for adventure and travel in this age group compared to others. Depending on the end consumer, the segment is divided into consumers and events. The consumer is the main stakeholder in the end-use segment as travelers seek outdoor activities that are stylish and close to nature.
According to the sales channel, the market is segmented into supermarkets and hypermarkets, specialty stores, online sales channels, and others. The specialty store channel segment is expected to grow at the highest CAGR during the forecast period.
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In terms of region, North America dominated the market with the largest share during the Glamping Market Forecast period. The glamping market and its various types of accommodation are the most popular in North America, especially in the US and Canada. The growing preference for comfortable and luxurious travel as well as the increasing demand of the glamping market for nature adventures are driving the growth of the glamping market in North America. In 2021, North America accounted for 42.3% of the global glamping market share and is expected to maintain its dominance over the forecast period.
The key players analyzed for the 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).
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