NEW YORK , Aug. 23, 2022 /PRNewswire/ -- The camping lights and lanterns market size is set to grow by USD 68.21 million , at a CAGR of 8.34% during the forecasted period. The market is concentrated, and the degree of concentration will accelerate during the forecast period. The report extensively covers the camping lights and lanterns market segmentation by product (flashlights, lanterns, and headlamps) and geography (Europe , North America , APAC, South America , and MEA).
The growing number of people who travel for adventure activities is one of the major reasons propelling the market for camping lights and lanterns. Another factor boosting the camping lights and lanterns market over the forecast period is the advancement of product features. The market for camping lights and lanterns will face significant obstacles during the projected period due to the rising popularity of RVs and glamping. Read Sample Report.
The rising number of travelers for adventure activities, more emphasis on multichannel marketing strategies to provide trade offers, government support, and funding for camping promotion will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Camping Lights and Lanterns Market Segmentation
The flashlights category will significantly increase its market share in camping lights and lanterns. One of the most vital pieces of camping gear is the flashlight. The demand for these lights is growing faster than that for other lights because of their portability (they can fit in one's pocket). Many technological advances have taken place in the flashlights segment, such as the adoption of LED and solar LED technologies, which conserve energy and thus attract more customers to Buy Sample Reports.
Camping Lights and Lanterns Market Vendor Analysis and Scope
Some of the major vendors of the camping lights and lanterns market in the Leisure Products industry include Clarus Corp., Extreme Lights, General Electric Co., Johnson Outdoors Inc., KLARUS Lighting Technology Co. Ltd., Koninklijke Philips NV, LUMINTOP, Newell Brands Inc., OSRAM GmbH, and Wipro Ltd. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Download Free Sample Report.
Camping Lights and Lanterns Market Key Highlights
CAGR of the market during the forecast period
Detailed information on factors that will assist camping lights and lanterns market growth during the next five years
Estimation of the camping lights and lanterns market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the camping lights and lanterns market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of camping lights and lanterns market vendors
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Camping Lights and Lanterns Market Scope
Accelerate at a CAGR of 8.34%
Europe, North America, APAC, South America, and MEA
US, Germany, France, Canada, and China
Leading companies, Competitive Strategies, Consumer engagement scope
Clarus Corp., Extreme Lights, General Electric Co., Johnson Outdoors Inc., KLARUS Lighting Technology Co. Ltd., Koninklijke Philips NV, LUMINTOP, Newell Brands Inc., OSRAM GmbH, and Wipro Ltd.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
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3.4 Market outlook: Forecast for 2020 - 2025
5.3 Flashlights - Market size and forecast 2020-2025
5.4 Lanterns - Market size and forecast 2020-2025
5.5 Headlamps - Market size and forecast 2020-2025
7.3 North America - Market size and forecast 2020-2025
7.4 Europe - Market size and forecast 2020-2025
7.5 APAC - Market size and forecast 2020-2025
7.6 South America - Market size and forecast 2020-2025
7.7 MEA - Market size and forecast 2020-2025
10.7 KLARUS Lighting Technology Co. Ltd.
11.2 Currency conversion rates for US$
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