According to IMARC Group latest report titled” Glamping Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market reached a value of US$ 2.4 Billion in 2020. The global Glamping Market to grow at a CAGR of 13.4% during 2021-2026. Glamping stands for comfortable camping with luxury-style amenities and facilities, such as beds, Wi-fi, spas, bars, bathrooms, electricity, housekeeping services, etc. Its accommodation takes advantage of the surrounding elements, thereby creating an eco-friendly space. Presently, organizations in the tourism sector are constantly looking for innovative and creative accommodations that help mitigate the impact of seasonality on business performance and remain competitive.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The market is primarily driven by the significant shift from traditional camping destinations to glamping as it provides economic benefits and reduces environmental pressure on destinations. The increasing preference for luxurious amenities and services, coupled with the inflating disposable income levels of individuals, is also fueling the market growth. Nowadays, travelers seek to unwind by connecting with nature, owing to their busy working schedule, which, in turn, is increasing the demand for glamping. Furthermore, glamping has become a trend in music festivals and is available as a common upgrade option at various multiday music and camping festivals. In addition to this, the growing internet penetration and the rising influence of social media are generating interest toward glamping among individuals. Furthermore, government authorities of numerous countries are focusing on upgrading tourism-related infrastructure and offering incentives, like reduced visa fees, which is positively influencing the market growth.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- BIGHEAD glamping tents
- Collective Hotels & Retreats Inc.
- Eco Retreats Ltd
- Getaway House Inc.
- GlamXperience
- Glitzcamp Glamping Tent (Shelter Tent Manufacturing Co. Ltd)
- Nightfall Camp Pty Ltd.
- Paperbark Camp
- Tanja Lagoon Camp
- Teapot Lane Glamping
- Tentrr Inc.
- Under Canvas Inc
Glamping Market Segmentation:
Our report has categorized the market based on region, type, age group and size.
Breakup by Type:
- Cabins and Pods
- Tents
- Yurts
- Treehouses
- Others
Breakup by Age Group:
- 18-32 years
- 33-50 years
- 51-65 years
- Above 65 years
Breakup by Size:
- 4-Person
- 2-Person
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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