The market research report, entitled Glampingshows good possibilities in the Glampingmarket during the next five-year period and ensures more information regarding market trends. The following summary will give an overview of the drivers, challenges and key players in the market.
Global GlampingMarket Forecast:
The global Glampingmarket is forecasted to grow at a rate of 4.4% CAGR during the period of 2021-2026. GlampingMarket will be experiencing an escalation in demand attributed to the growing usage of Glampingin the market. The XYZ market growth depends upon numerous factors which have direct or indirect impact on the demand. Our report has the summary of such factors derived using SWOT, PEST, industry life cycle and supply chain analysis. These methods help in analysing the strength of the companies and identify gaps as well as opportunities to lay out a successful roadmap which leads to higher profitability.
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Some linchpins in the market are
BAE Systems Plc., Cobham Plc., Honeywell International Inc., Microsemi Corporation, and Texas Instruments
The report segments based upon demographics, geographics, benefits and volume etc, has different driving factors and identifies the most-attractive segments and sub-segments. Glampingmarket segmentation will not only help marketers to be more efficient in terms of time, money and other resources but also allows companies to learn about their target audience so that they can tailor campaigns and increase market share and revenue.
- The Last Best Beef LLC (The U.S.),
- Under Canvas (The U.S.),
- Collective Retreats (The U.S.),
- Tentrr (The U.S.),
- Eco Retreats (India),
- Baillie Lodges (Australia),
- Nightfall Camp Pty Ltd. (Australia),
- Tanja Lagoon Camp (Australia),
- Wildman Wilderness Lodge (Australia),
- Paper Bark Camp (Australia),
- PurePods (New Zealand), and
- Getaway House, Inc. (The U.S.).
Growth drivers and Market Value:
This report, from Stratview Research Glamping Market value and growth drivers over the trend period of 2021-26. According to the report –
Glamping is a type of camping that is more luxurious and comfortable than traditional camping. It is gaining popularity in outdoor tourism. It is a combination of nature and luxury, respect and comfort for the environment coupled with uniqueness and exclusivity in providing accommodation. It is the best outdoor activity for many people, although at the same time it becomes an unpleasant experience for other people. Thus, the tourism sector developed the idea of making a campsite more well-designed and comfortable for many people.
Based on by Accommodation Type:
Based on accommodation type, the cabin and pods segment witnessed the largest share of around 46% in 2020. This is mainly ascribed to the growing importance of travellers to be a part of an immersive experience without compromising on the comfort and the luxuries, thus influencing campers with expensive and luxurious accommodations, such as pods and cabins. A UK based company, Pitchup, observed a significant growth in bookings for cabins by over 100% and pods more than 70% in January 2018.
Based on Regional:
By region, the Europe accounted for the largest market share of around 35% in 2020. This is mainly due to the holidaymakers in the region who have been offering a whole new face in glamping experience are providing people with the experience of hotel amidst nature. France is one such contributor that promotes glamping for its residents with 8,000 campsites around the country, and is second to the US. Moreover, the first five-star glamping site in France was launched back in 2010, and after a decade, the investors are focusing on collaborating with camping companies to expand the glamping business in France.
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COVID-19 IMPACT Analysis on GlampingMarket
Coronavirus has influenced every one of the organizations, little or large, dealing in any sector. The growth curves of XYZ market have seen immense fluctuations in the year 2021. The market scenario and the pace of growth have taken a colossal turn and have prompted numerous adjustments in the cycles, which will have repercussions for a significant stretch. 2021 is probably going to be superior to 2021 for the XYZ market players as the greater part of the organizations have continued their activities and the interest is getting reestablished for them.
Note: This report will be refreshed to consolidate the effect of COVID-19, available for the time of 2021 to 2026.
The assessment of the pandemic reveals an enormous transformation in both short, as well as long-term regional business. With some barriers along the road, the Glampingmarket stakeholders hope to regain stability in 2021, with flourishing demand and a hassle-free market environment. In terms of region, North America and Russia held the major chunk of the market in and before 2021. Despite several setbacks and the pandemic’s impact, the regions having the presence of key players, are likely to maintain their dominance in the upcoming years. According to the report, North America. region is expected to handle the crisis most efficiently, growing at the highest rate during the five-year tenure and is expected to become the next potential manufacturing hub.
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About Stratview Research
Stratview Research is a global market intelligence firm helping its clients’ tract the ever-evolving market scenarios through customised and syndicated reports. The reports offered here are gathered with the help of our wide-ranging and reliable secondary sources and in-depth interviews with the linchpins within the market. Extrapolated through primary and secondary research, Stratview Research’s reports help you remain ahead of the curve by enabling you to understand the current market trends and challenges coming on your way. Our strong team of industry veterans and researchers assure high quality research and strategic insights that help companies worldwide in effective decision making