The Glamping Global Market Report 2023 by The Business Research Company, provides glamping market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Glamping Global Market Report 2023, the market size will grow from $2.54 billion in 2022 to $2.89 billion in 2023 at a compound annual growth rate (CAGR) of 13.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global glamping is expected to grow to $4.62 billion in 2027 at a CAGR of 12.5%
The growing number of staycations is expected to propel the growth of the glamping market going forward. Staycation refers to spending an ecological vacation close to one’s residence, causing the least amount of pollution possible, and having a peaceful vacation. Glamping helps staycation by offering a camping experience with more traditional lodging services and amenities. For instance, according to a Household Travel Survey by Central Statistics Office (CSO), A total of 2.3 million domestic overnight trips were taken by Irish residents in Q1 of the year 2022, a 7% increase over the same period in 2020.
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The glamping market is segmented:
1) By Type: Family Travel, Enterprise Travel
2) By Accommodation: Cabins and Pods, Tents, Yurts, Treehouses, Other Accommodation
3) By Consumer Orientation: Male, Female, Kids
4) By Size: 4-Person, 2-Person, Other Sizes
5) By End-User: Consumers, Events
Product innovation is a key trend gaining popularity in the glamping market. Major companies operating in the glamping market are developing new products with unique features to strengthen their position in the glamping global market. For instance, in June 2022, Glampitect, a Dubai-based glamping site design consultancy operating in the glamping market launched a portable luxury glamping pod, in partnership with UAE engineering specialists of Rescom. The pods have powder-coated aluminum tiles and the latest accessories such as flat-screen TVs and modern kitchens and these are assembled on a galvanized steel chassis that allows people to move around to different locations.
The glamping market report table of contents includes:
1. Executive Summary
2. Glamping Market Characteristics
3. Glamping Market Trends And Strategies
4. Glamping Market – Macro Economic Scenario
5. Glamping Market Size And Growth
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26. Africa Glamping Market
27. Glamping Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Glamping Market
29. Glamping Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Collective Retreats
- Tentrr
- Eco Retreats
- Baillie Lodges
- Nightfall Camp Pty Ltd
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