Global Camping Lights and Lanterns Market to Grow at a CAGR of 7.06% During the Period 2017 - 2021; Finds New Report
Market Research Reports, Inc. has announced the addition of “Global Camping Lights and Lanterns Market 2017 - 2021” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 03/13/2017 --Report forecast the global camping lights and lanterns market to grow at a CAGR of 7.06% during the period 2017-2021.
Camping lights and lanterns are essential sources of power for camping and backpacking tours. Apart from illuminating the camping space, modern camping lanterns come with extra features like Universal Serial Bus (USB) ports to charge one's smartphone or MP3 player, a red light for night vision, a yellow light that keeps insects away, remote control operation, a SOS mode for emergencies, and an additional flashlight. These lights and lanterns are available in a diverse range of styles and can be solar-powered, battery-operated, rechargeable, or hand-cranked.
The report covers the present scenario and the growth prospects of the global camping lights and lanterns market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of camping lights and lanterns.
The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW
According to the report, one of the major drivers for this market is rising number of travelers for adventure activities. The adventure tourism market has grown with more number of people taking up adventure tourism to cope with their mundane daily routines. Adventure tourism is also believed to offer health benefits, (including benefits related to obesity and fostering reflectiveness) and there is no set age limit to undertake adventure tourism. The uptake of adventure tourism is relatively high in urban areas.
Further, the report states that one of the major factors hindering the growth of this market is growing interest in RVs and glamping. The demand for leisurely outdoor activities is increasing. An increase in global income levels has enabled more consumers to afford expensive camping experiences and RVs. An increase in recreational expenditures will boost the market for leisure activities and outdoor sports over the next five years. The growing popularity of RVs around the globe is expected to affect the growth of the camping lights and lanterns market during the forecast period.
Global Camping Lights and Lanterns Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global camping lights and lanterns market: Black Diamond, Goldmore, Johnson Outdoors, and Newell Brands.
Other Prominent Vendors in the market are: Extreme Lights, KLARUS, Lumintop, MontBell, Nitecore, Outlite, Outwell, Paddy Pallin, Xtreme, VITCHELO, and Yalumi.
Market driver
- Rising number of travelers for adventure activities
- For a full, detailed list, view our report
Market challenge
- Growing interest in RVs and glamping
- For a full, detailed list, view our report
Market trend
- Enhancement in product features through advanced technology
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 85 pages and 37 Exhibits "Global Camping Lights and Lanterns Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Market segmentation by distribution channel, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Competitor landscape, Key competitor analysis, Appendix.
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