$1 Billion Glamping Market Creates New Wave in the US- Market Research by Arizton

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Feb 07, 2019, 13:00 ET

CHICAGO, Feb. 7, 2019 /PRNewswire/ --

Arizton's latest research report states that the glamping market in US is projected to reach a revenue of around $1 billion by 2024, growing at a CAGR of over 15% during 2018−2024.

Key Highlights Offered in the Report:

The number of camping households reached 80 million in the US market, hence campers are moving towards glamping activities with luxurious amenities.
Relaxation and de-stressing are the main motives behind the popularity of glamping.
The West Coast states such as California, New York, Colorado, Washington, and Texas have the highest interest in glamping.
The demand for cabins and safari tents is expected to grow at 2.5x in the next five years.
About 34% of the population lists GPS/WIFI as the most luxurious facility in campsites, followed by showering/washing facilities, electricity, and refrigeration.
Wellness tourism is expected to grow at a CAGR of around 7% by 2024, thereby accelerating the growth of the camping market.
Yurts in modern styles and exotic features and luxury multi-storey tree houses with premium amenities are likely to boost revenues in the US glamping market.
Corporate retreats and adventure vacations will emerge as the new vacation trends in the US market.

Key Offerings:

Market Size & Forecast by Revenue | 2018–2024
Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
Market Segmentation - Accommodation type, end-user groups, area, and land ownership in the US market
Competitive Landscape – Profiling 23 prominent glamping providers in the US

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US Glamping Market – Segmentation

This market research report includes a detailed segmentation of the market by accommodation type, end-user groups, area, and land ownership.

The cabinssegment dominated the market share in 2018 due to increased investments in converted caravans and tree houses.
Rural area glamping is very popular in the US but, demand for urban area glamping is expected to increase by 2024.

Market Segmentation by Accommodation Type

Cabins
Safari Tents
Yurts
Tree Houses
Tipis
Others

Market Segmentation by End-user Groups

Consumers
Events

Market Segmentation by Area

Urban Area
Rural Area

Market Segmentation by Land Ownership

Private Land
Public Land

US Glamping Market - Dynamics

Major vendors are offering immersive and transformative experiences that include a host of activities such as yoga immersions, walking tours, cycling, hiking trips, meditation sessions, healthy culinary activities, kayaking, recreational boating, and spa treatments in the US glamping market. The growing demand for healthy lifestyles is encouraging players to provide access to several levels of services and amenities to attract the maximum number of consumers in the US market.

Key drivers and trends fueling the growth of the US market are:

Rise of staycations
Glamping de rigueur at music festivals
Green travel choices follow an upward trajectory
Luxury expeditions take off in new ways

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Major vendors in the US glamping market are:

Collective Retreats
Tentrr
The Resort at Paws Up
Under Canvas

Other prominent vendors include Asheville Glamping, AutoCamp, Capitol Reef Resort, Camp'd Out, Conestoga Ranch, El Cosmico, El Capitan Canyon, EXP Journeys, Fireside Resort, Hoot Owl Hill, Kestrel Camp, Minam River Lodge, Nomadics Tipi Makers, Sandy Pines Campground, Sinya, Terra Glamping, Ventana Big Sur, Walden Retreats, and Wigwam Motel.

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About Arizton:

Arizton – Advisory and Intelligence is a premium and innovation-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

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SOURCE Arizton Advisory & Intelligence