The Business Research Company’s Military Tent And Shelter Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Military Tent And Shelter Global Market Report 2023 evaluates military tent and shelter market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global military tent and shelter market is expected to grow from $1.10 billion in 2022 to $1.12 billion in 2023 at a compound annual growth rate (CAGR) of 1.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. 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 military tent and shelter market is expected to reach $1.21 billion in 2027 at a CAGR of 1.7%.
The rising military expenditure is expected to propel the growth of the military tent and shelter market going forward. Military expenditure refers to the amount of money spent on sustaining an armed force or other types of defenses, which is known as a military expenditure plan (or military expense) and is included in a country’s defense budget. Tents are ideal for temporary housing for military forces operating in an active-field scenario. For instance, in March 2023, according to United States Air Force (USAF), a US-based agency for the United States Department of the Air Force, stated that the Air Force’s fiscal year (FY) 2024 budget request is roughly $215.1 billion, a $9.3 billion or 4.5% increase over 2023. Therefore, the rising military expenditure drives the market for military tents and shelters.
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The military tent and shelter market segments in the report are:
1) By Product Type: Rigid, Non-Rigid
2) By Material: Polymer Fabric, Nylon, Composite
3) By Size: Small, Medium, Large
4) By Application Type: Accommodations And Operations, Repair And Maintenance, Storage, Medical Facilities, Other Applications
The table of contents in TBRC’s military tent and shelter market report includes:
1. Executive Summary
2. Military Tent And Shelter Market Characteristics
3. Military Tent And Shelter Market Trends And Strategies
4. Military Tent And Shelter Market – Macro Economic Scenario
5. Military Tent And Shelter Market Segmentation
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26. South America Military Tent And Shelter Market
27. Brazil Military Tent And Shelter Market
28. Middle East Military Tent And Shelter Market
29. Africa Military Tent And Shelter Market
30. Military Tent And Shelter Market Competitive Landscape And Company Profiles
Top Major Players:
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