The global camping stove market size is expected to reach USD
671.7 million by 2025, according to a new report by Grand View Research, Inc.,
expanding at a CAGR of 5.1% over the forecast period. Rising spending in
camping and backpack trips on weekends by millennials as a mode of chilling out
is expected to promote the scope for various types of camping stoves across the
globe.
Additionally, various corporate firms are
spreading awareness regarding the advantage of outdoor activities including
trekking, mountaineering, and hiking among their employees in order to improve
the physical and mental fitness. Over the past few years, the manufacturers
have been offering products with various convenient features including
wind-protection, easy cleaning, easy ignition additional satellite burner, and
enhanced burner output in order to expand their customer base.
Multi-fuel products are expected to expand at
the fastest CAGR of 6.3% from 2019 to 2025. Consumers prefer to purchase this
product due to its ability to burn with kerosene, white gas, unleaded auto
fuel, jet fuel, and diesel. The buyers will purchase this product as its
burning can be regulated for versatile cooking and it can be folded into its
one-third size.
Offline distribution channel led the market
and generated a revenue of USD 364.8 million in 2018. These channels offer
products of different brands as well as private level players. It has been
observed that hypermarkets and convenience stores offer various attractive
benefits. Furthermore, offline stores provide various add-on sale services
including warranty vouchers and engineer assistance in order to attract more
customers.
Asia Pacific is expected to be the fastest
growing region, expanding at a CAGR of 6.4% from 2019 to 2025. China, India,
Australia, Japan, Thailand, and Indonesia are the key countries contributing to
the market growth. It has been observed that sales of camping stoves is
increasing due to factors including rise in discretionary spending, surge in
the number of adventure clubs and associations, and growing consumer interest
in outdoor activities in the aforementioned countries over the next few years.
The global market is fragmented in nature with
high concentration of manufacturers across developing economies including China
and India. Some of the key players operating in the market for camping stoves
are Johnson Outdoors Inc.; Coleman Company, Inc.; BioLite Inc.; CampChef.com;
Katadyn Products Inc.; Ecozoom; Primus; Vango; Zhejiang Deermaple Outdoor
Products Co. Ltd.; and Cascade Designs, Inc. Companies are investing in product
innovations to expand their customer base. For instance, in December 2017,
“Morphcooker” has launched electric camping stove with features including
controller, travel case, interchangeable battery cell, stove lid, and home
charger.
For full research report on Camping
Stoves Market visit here:
https://www.grandviewresearch.com/industry-analysis/camping-stoves-market
Further key
findings from the report suggest:
- Wood burning products generated a revenue of
USD 251.6 million in 2018 due to its low price and easy accessibility
through offline stores. Multi-fuel products are expected to expand at the
fastest CAGR of 6.3% from 2019 to 2025 due to their fastest cooking time
- The online channel segment is expected to be
the fastest growing segment with a CAGR of 5.6% from 2019 to 2025 as these
channels provide convenience in terms of free doorstep delivery services
- North America was the largest regional camping
stove market with a revenue of USD 230.9 million in 2018 due to presence
of a large number of camping lovers in U.S. and Canada.
Get request sample of this report here: https://www.grandviewresearch.com/industry-analysis/camping-stoves-market/request/rs1
Grand
View Research has segmented the global camping stove market on the basis of
product, distribution channel, and region:
Camping Stove
Product Outlook (Revenue, USD Million, 2015 - 2025)
- Wood Burning
- Multi-fuel
- Others
Camping Stove
Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
- Online
- Offline
Camping Stove
Regional Outlook (Revenue, USD Million, 2015 - 2025)
- North America
- U.S.
- Europe
- U.K.
- Germany
- Asia Pacific
- China
- India
- Central & South
America
- Brazil
- Middle East &
Africa
- South Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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