PUNE, India, April 1, 2016 /PRNewswire/ --
According to the 2016 camp kitchen market report, increased participation in outdoor recreational activities is a factor that will significantly impact the growth of the market over the next five years. Moreover, government initiatives undertaken in various countries like Australia, China, and India to promote camping will likely boost the growth of the market during the forecast period.
Complete report on camp kitchen market spread across 53 pages, analyzing 5 major companies and providing 30 data exhibits is now available at http://www.sandlerresearch.org/global-camp-kitchen-market-2016-2020.html.
The analysts forecast global camp kitchen market to grow at a CAGR of 5.94% during the period 2016-2020. A diverse range of camping equipment including camping tents, backpacks, sleeping bags, and others are used for camping, hiking, and climbing activities. The camping equipment available in the market varies in size, insulation, design, material, temperature rating, and other parameters. Countries like the US and Australia have been witnessing a rise in the number of campers in the past few years. In the US, the numbers of campers increased from 45.46 million in 2014 to about 47 million in 2015. In 2015, there was a 5%-6% increase in caravan, camper trailer, and motorhome registrations in Australia compared to the number of registrations in 2014.
The camp kitchen market analyst said increased global penetration of internet, smartphones, and e-banking systems will aid the growth of online channels used for purchasing camping equipment. Consumers today prefer the convenience of online shopping over visiting physical stores. Low prices and discounts offered by online shopping platforms offer further incentives to shop through these platforms. Order a copy of Global Camp Kitchen Market 2016-2020 report @ http://www.sandlerresearch.org/purchase?rname=52709.
In 2015, the camp cooler segment dominated camp kitchen market and accounted for more than 47% of the market share. Camp coolers are weatherproof and waterproof; therefore, help campers preserve their food provisions from perishing in the outdoors. Due to their large sizes, camp coolers are popular among consumers who camp with families and friends. Moreover, bear-proof coolers conceal the smell of perishables so that they don't attract wild animals like grizzly bears to the camp site.
In 2015, North America dominated the global camp kitchen market with a market share of more than 39%. Factors like the augmented interest in outdoor adventure sports and traditional camping among the youngsters especially in the age group of 15-24 years, is expected to drive this market's growth in North America.
The camp kitchen market is highly competitive owing to the presence of well-diversified global and regional vendors. With global vendors increasing their presence their market presence, regional vendors are finding it increasingly difficult to compete with them in terms of quality, technology, and pricing. The competitive environment in this market is expected to intensify with an increase in product and service extensions, technological advancements, and M&A.
Key players in the global camp kitchen market: Coleman, Johnson Outdoors, GSI Outdoors, Grub Hub, and YETI. Other prominent vendors in the market are: BioLite, Cascade Designs, Optimus, Outwell, and Vango.
Further, the camp kitchen market report states that the growing popularity of RVs and luxury camping (also known as glamping) can negatively affect the growth of the market. Glamping participants prefer the comfort of RVs over traditional campgrounds, which decreases the demand for camping equipment including camp kitchen, tents, and sleeping bags. Such changes in consumer preferences are anticipated to affect market growth during the forecast period.
Another related report is Global Grow Tents Market 2016-2020: analysts forecast global grow tents market to grow at a CAGR of 9.25% during the period 2016-2020.Browse complete report @ http://www.sandlerresearch.org/global-grow-tents-market-2016-2020.html
Key players in the global grow tents market: Secret Jardin, Grow Lab, Gorilla grow tent and Sunhut grow tent. Other prominent vendors in the market are: Oracle Garden Supply, Apollo Horticulture, Trojan tents, Hydroponics Factory, and Geneva barns.
Explore other new reports on Consumer Goods Market @ http://www.sandlerresearch.org/market-research/consumer-goods.
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SOURCE Sandler Research