Market Forecast By Product Type (Tunnel, Dome, Geodesic), By Applications (Commercial, Individual), By Distribution Channel (Offline, Online) And Competitive Landscape
Product Code: ETC051966 | Publication Date: Nov 2022 | Updated Date: Feb 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Malaysia camping tent market is expected to grow during the forecast period. This growth is mainly attributed to the increasing demand for outdoor activities, such as camping and hiking, among tourists. The growing popularity of these activities has contributed to the increase in the demand for camping tents in Malaysia. Another factor that is contributing to the growth of the Malaysian camping tent market is the increased adoption of portable camping solutions among travelers. This trend has led to an increased demand for lightweight and easy-to-use camping tents. Furthermore, Malaysia's favorable tourism environment and its geographical location are also factors that are boosting the sales of camping tents in this country. Malaysia camping tent market is a part of Asia Pacific camping tent market and global camping tent market.
According to 6Wresearch, the Malaysia Camping Tent market size is likely to witness growth during 2022-28. This growth is attributed to factors such as increasing investments in outdoor recreation activities, rising disposable income among consumers, and growing demand for leisure time activities such as camping. Additionally, the Malaysian camping tent market is dominated by the domestic market, accounting for more than two-thirds of the total market volume in 2015. The remaining one-third of the market is shared by the regional markets of India and Thailand. Additionally, the main challenge facing the Malaysia camping tent market is the high cost of equipment and materials, which limits the ability of small businesses to compete with larger companies. Moreover, stringent safety regulations relating to outdoor activities are also expected to limit uptake of camping tents by consumers.
In terms of price, the market for camping tents is segmented into three categories - basic, mid-priced, and premium. The basic category comprises of tents with low prices that are meant for first-time campers. Mid-priced tents are in the range of Rs 6,000 to Rs 30,000 and are meant for those who want an upgrade from a basic tent but don't want to spend too much money. Premium tents cost more than Rs 30,000 and are aimed at luxury campers who want features such as robust construction, rain proofing, and air conditioning.
In terms of product type, the market for camping tents is categorized into tunnel, dome and geodesic. Currently, the tunnel category holds the highest market share. The growth is attributable to the increasing demand for outdoor recreational activities such as hiking and camping in Malaysia. The increasing popularity of these activities is also supported by the growing population and rising affluence level in the country. Further, one of the key drivers of the market is the increasing purchase of camping tents by home seekers as a means to reduce their living space footprint. This trend is being followed by businesses and corporates who are looking for more efficient facilities for hosting events and meetings. In addition, government initiatives such as the launch of ecotourism projects are expected to spur the market growth in the coming years.
The occurrence of Covid-19 pandemic has resulted in a stoppage in past. However, the market has recuperated gradually. Currently, the market has tremondous growth opportunities. The market drivers for the Malaysia camping tent market include the increasing number of people travelling and camping, as well as the growth in leisure activities such as golfing and surfing. Additionally, the increasing popularity of eco-tours and adventure trips is expected to drive demand for camping tents among travellers.
The report delivers a widespread study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Camping Tent Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Camping Tent Market Revenues & Volume, 2021 & 2028F |
3.3 Malaysia Camping Tent Market - Industry Life Cycle |
3.4 Malaysia Camping Tent Market - Porter's Five Forces |
3.5 Malaysia Camping Tent Market Revenues & Volume Share, By Product Type, 2021 & 2028F |
3.6 Malaysia Camping Tent Market Revenues & Volume Share, By Applications, 2021 & 2028F |
3.7 Malaysia Camping Tent Market Revenues & Volume Share, By Distribution Channel, 2021 & 2028F |
4 Malaysia Camping Tent Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Camping Tent Market Trends |
6 Malaysia Camping Tent Market, By Types |
6.1 Malaysia Camping Tent Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Camping Tent Market Revenues & Volume, By Product Type, 2018 - 2028F |
6.1.3 Malaysia Camping Tent Market Revenues & Volume, By Tunnel, 2018 - 2028F |
6.1.4 Malaysia Camping Tent Market Revenues & Volume, By Dome, 2018 - 2028F |
6.1.5 Malaysia Camping Tent Market Revenues & Volume, By Geodesic, 2018 - 2028F |
6.2 Malaysia Camping Tent Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Camping Tent Market Revenues & Volume, By Commercial, 2018 - 2028F |
6.2.3 Malaysia Camping Tent Market Revenues & Volume, By Individual, 2018 - 2028F |
6.3 Malaysia Camping Tent Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Camping Tent Market Revenues & Volume, By Offline, 2018 - 2028F |
6.3.3 Malaysia Camping Tent Market Revenues & Volume, By Online, 2018 - 2028F |
7 Malaysia Camping Tent Market Import-Export Trade Statistics |
7.1 Malaysia Camping Tent Market Export to Major Countries |
7.2 Malaysia Camping Tent Market Imports from Major Countries |
8 Malaysia Camping Tent Market Key Performance Indicators |
9 Malaysia Camping Tent Market - Opportunity Assessment |
9.1 Malaysia Camping Tent Market Opportunity Assessment, By Product Type, 2021 & 2028F |
9.2 Malaysia Camping Tent Market Opportunity Assessment, By Applications, 2021 & 2028F |
9.3 Malaysia Camping Tent Market Opportunity Assessment, By Distribution Channel, 2021 & 2028F |
10 Malaysia Camping Tent Market - Competitive Landscape |
10.1 Malaysia Camping Tent Market Revenue Share, By Companies, 2021 |
10.2 Malaysia Camping Tent Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |