According to a market report, published by Sheer Analytics and Insights, The global glamping market was valued at $3.5 billion in 2022 and it is expected to reach $14.5 billion at a CAGR of 15.3% between 2023 and 2032. Sales in the market are being driven by consumers' growing choice for upscale camping facilities like beds, Wi-Fi, spas, bars, bathrooms, power, and cleaning services. Glamping encourages sustainable tourism while providing a welcoming and comfortable hotel experience. Additionally, businesses in the tourist sector are providing cutting-edge and distinctive accommodations to lessen the effect of seasonality on their operations, which is anticipated to boost the market in the ensuing years. The emergence of portable systems for luxurious lodging in attractive locations is driving the demand for glamping. Demand is increased by a large number of tourists and enthusiasts who favor secure and comfortable outdoor activities. The glamping industry has recently seen the emergence of high-end, luxurious tents due to the soaring demand for outdoor leisure activities. Technological developments and automation are also bringing about astonishing modifications to classic camping activities.
While it's thought that de-stressing and relaxation are what's driving the market's expansion, the desire for healthy living and eco-tourism have led to a spike in demand for an active, outdoor lifestyle. Throughout the projected period, this will consequently have a favorable effect on the market. The majority of consumers would rather spend a significant amount of money on immersive experiences than material goods. Millennials currently seek adventurous, personal, as well as local experiences wherever they travel and does also willing to pay to receive that emotionally evocative understand; therefore, a large target demographic is projected to have a favorable impact on the market throughout the projection period.
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Furthermore, one of the key elements fueling the expansion of the glamping business is the development of social media's influence among consumers. Additionally, numerous travel websites with alluring vacation packages and substantial savings benefit the sector. Additionally, the market expansion is accelerated by the rise in personal income levels across the globe due to the fast-growing outdoor tourism industry. The desire for creative glamping lodgings, such as villas, lodges, tree houses, tents, cabins, and tipis, is increasing as the industry expands. Additional factors that favorably affect the glamping market include the usage of glamping to lessen the environmental load on travel locations, changes in customer preferences, and the rise in popularity of eco-tourism. These rising factors are expected to drive market growth during the forecast period from 2022 to 2032.
On the other side, some factors are expected to restrain the market's growth in the future. For instance, the market expansion is anticipated to be hindered by the population's growing preference for recreational vehicles. The glamping market is anticipated to face challenges from busy work schedules between 2022 and 2032.
Some new developments in the global glamping market:
According to the study, key players dominating the global glamping market are ACCOR (France), Ashville Glamping (U.S), Baillie Lodges (Australia), Collective Retreats (U.S), Eco Retreat (India), GlamXperience (Australia), Gateway House (India), Hoshino Resorts (Japan), Hilton (U.S), Jinjiang International (China), Nightfall Camp (Australia), PaperBark Camp (Australia), PurePods (New Zealand), Tanja Lagoon Camp (Australia), Tentrr (U.S), Under Canvas (U.S), Wildman Wilderness Lodge (Australia), among others.
The Global Glamping Market – by Accommodation Type:
The Global Glamping Market – by Age Group Type:
The Global Glamping Market – by Regions:
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