Camping Stoves Market Analysis Report By Product, By Distribution Channel, By Region And Segment Forecasts From 2019 To 2025

Industry Insights

The global camping stoves market size was accounted for USD 473.9 million, in 2018. People prefer carrying camping stoves during vacations and camping holidays for cooking food in less time. This is projected to drive market growth. These stoves are easy to carry, lightweight, compact, requires less cooking time, and are easy to use. Therefore, these features are expected to propel the demand for camping stoves over the forecast period. Moreover, the increasing popularity of outdoor activities such as trekking, hiking, mountaineering, and camping among large consumer groups has boosted the demand for equipment and accessories such as backpacks, tents, and camping stoves. This is projected to further fuel the market growth from 2019 to 2025.

Rising consumer expenditure on outdoor activities and the rising number of recreational activities such as camping and adventure tours are the factors anticipated to play a major role in driving the market growth. Moreover, governments of different nations are spending money to promote various outdoor tourism businesses. This is expected to further propel the demand for camping stoves in the forthcoming years.

According to one of the reports, the majority of the population in the U.S. participated in camping activities including children. The data suggested that the rate of camping in the U.S. increased by 13.6% in the year (2015-2016). Therefore, users are largely spending on camping equipment including camping stoves. Expenditure of adult participants on camping equipment accounted for USD 546.41, in 2016. Moreover, a report by the ‘North America Camping Report’ suggested that 77 million households in the U.S. camp at least once a year. These factors are expected to fuel the market growth over the forecast period.

Thousands of people who camp occasionally have high budgets to spend on such equipment. Therefore, manufacturers are targeting such people to increase consumer awareness and boost their sales. People usually carry camping stoves during office trips, college trips and vacations, weekend trips, and school camping trips. In addition, these stoves are easy to carry during small weekend trips. This is thereby projected to drive the market growth over the forecast period. 

Product Insights

In 2018, the product segment wood-burning stoves accounted for the largest revenue share of USD 251.6 million across the global market. These stoves are highly affordable and serve as the best alternative for cooking food at camping sites. Therefore, their popularity is expected to increase among the millennial population. In addition, this product can be operated without using any fossil fuel. Furthermore, these stoves are lightweight, thereby, making them highly suitable for carrying while trekking and mountaineering. These features are anticipated to drive the demand for this segment over the forecast period, 2019-2025.

The segment of multi-fuel stoves segment is projected to grow at the fastest CAGR of 6.3% over the forecast period. This segment of stoves can be operated using white gas, kerosene, unleaded gasoline, jet fuel, and other different fuels. Features such as limited fuel consumption, quick start, and stop features, and quick heating are expected to influence consumers to purchase these stoves.

Distribution Channel Insights

In 2018, the offline segment of the distribution channel accounted for a revenue of USD 364.8 million across the global camping stoves market. Provision for physical verification of bags before making the buying decision is still prevalent among the millennial population. Availability of a variety of camping stoves from different brands at organized retail stores such as hypermarkets and supermarkets is expected to drive the product sales over the forecast period. In addition, services providers of camping activities have tie-ups with such stores so that they can purchase these camping gear at discounted prices.

The segment of online distribution channels is projected to grow at the fastest CAGR of 5.6% over the forecast period. Rising penetration of e-commerce platforms and the internet owing to features such as lucrative offers and discounts, doorstep delivery services, improved accessibility, easy payment options, and hassle-free return policy are expected to drive the segment’s growth. Moreover, leading companies are putting their efforts to launch their products offline as well as online platforms to enhance their consumer reach and distribution network. In addition, e-commerce platforms are analyzing usage data to provide lucrative offers to their loyal customers and frequent buyers. All these factors are projected to propel the segment’s growth from 2019 to 2025.

Regional Insights

In 2018, North America held the largest market share of 48.7% across the global camping stoves market. This growth is attributed to the rising rate of camping activities in this region owing to hectic lifestyles and frustrating schedules. One-third population in U.S. and Canada tend to spend on premium camping gear owing to their lightweight features and easy usage. Moreover, the rising number of camping service providers in this region coupled with the presence of pleasing campsites are the factors anticipated to propel the market growth in this region.

Asia Pacific is projected to register the fastest growth with a CAGR of 6.4% over the forecast period. Rising participation and interest of millennials in outdoor recreational activities coupled with increasing consumer expenditure in countries such as India and China are expected to drive the regional demand. In addition, the rising demand for camping stoves to quickly cook the food at camping sites is expected to propel the regional market growth from 2019 to 2025.

Camping Stoves Market Share Insights

Leading players in this industry include Coleman Company, Inc.; Johnson Outdoors Inc.; BioLite Inc.; Katadyn Products Inc.; CampChef.com; Ecozoom; Vango; Primus; Cascade Designs, Inc.; and Zhejiang Deermaple Outdoor Products Co., Ltd. These companies are focusing on product innovation and R&D to develop new products to their expand product portfolio and enhance consumer reach. For example, nCamp, in June 2017, introduced a camping stove under the wood burning segment whose weight is 1.5 pounds. This lightweight product is expected to gain high popularity among the consumers over the forecast owing to its convenience and easy-to-use feature.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. For this study, Million Insights has segmented the global camping stoves market report based on product, distribution channel, and region:

• Product Outlook (Revenue, USD Million, 2015 - 2025)
    • Wood Burning
    • Multi-fuel
    • Others

• Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
    • Online
    • Offline

• Regional Outlook (Revenue, USD Million, 2015 - 2025)
    • North America
        • U.S.
    • Europe
        • U.K.
        • Germany
    • the Asia Pacific
        • China
        • India
    • Central & South America
        • Brazil
    • Middle East & Africa (MEA)
        • South Africa