The Hammocks Market size is set to grow by USD 921.91 million from 2022 to 2027; Increasing participation in outdoor recreational activities to boost market growth - Technavio

NEW YORK, June 29, 2023 /PRNewswire/ -- The hammocks market size is estimated to grow by USD 921.91 million from 2022 to 2027, growing at a CAGR of 17.9%, according to Technavio. North America is estimated to contribute 31% to the growth of the market during the forecast period. The practice of purchasing and carrying hammocks is widely used by millennials. They are using hammocks while traveling or camping, especially college and university goers who are also using these at their university campuses. Nylon hammocks are considered lightweight, and they can be easily rolled into a small pouch while traveling. Furthermore, rain tarps, under-slings for gear, bug nets, and small battery-operated lanterns to hang are other additional features that come in the market. As a result, these hammocks are the best substitutes for sleeping bags and mats that are mostly carried on camping trips and picnics. For Comprehensive details on the market size of the historic period(2017 to 2021) and forecast period (2023-2027) - View the Sample report

Vendor Landscape
The hammocks market is fragmented; the vendors are competing with competitors and are trying to get a greater market share. The market is growing, and the chances of new entrants cannot be overlooked. The major vendors have well-established economies of scale and market presence and generally rely on positioning technological advances, and the price of the products -The report provides a full list of key vendors, their strategies, and the latest developments. Buy Now

Market Dynamics

Major Drivers

• Increasing participation in outdoor recreational activities is driving the growth.
• The rise in busy and fast-paced lifestyles, along with an increasing focus on health and well-being, has led consumers to seek ways to de-stress.
• This has resulted in a growing interest in outdoor sports and adventure activities as a means of relaxation.
• Consequently, there is an increase in demand for leisure activities and outdoor sports.
• Furthermore, advancements in technology have encouraged vendors to introduce multipurpose and highly functional hammocks to cater to this demand.
• Hence, these factors are expected to drive the growth of the market during the forecast period.

Significant Challenges

• Uncertainty in the prices of raw materials challenges the growth.
• The rising prices of high-quality raw materials contribute to the overall increase in manufacturing costs for hammocks.
• Recent hikes in commodity prices and the scarcity of raw materials have resulted in a negative impact on the profit margins of hammock manufacturers.
• Factors such as the prices of synthetic fibers like polypropylene and polyamide have also experienced an increase in prices.
• Therefore, the rising prices are expected to pose challenges to market growth during the forecast period.

Key Trends

• The rising focus of vendors on comfort-enhancing products is an emerging trend shaping the market.
• Vendors in the leisure product are improving the design, portability, and versatility of their offerings.
• They have introduced a range of hammocks, including two-person hammocks tailored for couples and families, as well as innovative bean bag hammocks.
• The key focus of the vendors is comfort, and they are improving it through various ways such as meticulous stitching, high-quality materials, attractive designs, superior fabric quality, and different size options.
• Hence, these trends are expected to drive market growth during the forecast period.

Drivers, Trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

Company Profiles

The hammocks market report includes information on the product launches, sustainability, and prospects of leading vendors including ATC Furniture, Bamboo Village Co. Ltd., Best Choice Products Inc., Dalian De Sheng Camping Tourist Products Co. Ltd., Eagles Nest Outfitters Inc., Foxelli, GrandTrunk, INCA Hammock Manufacturing and Export Pvt. Ltd., Kammok, KW Hammock Co., LA SIESTA GmbH, LIAONING LUCKY JOHNNY TRADING Co. Ltd., Maurjen Pty Ltd., Outdoor Camping LLC, Pawleysislandhammocks.com LLC, Second May International, Snow Joe LLC, Vivere Ltd., Winner Outfitters, and Yukon Outfitters.

Competitive Analysis

The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others.

 Market Segmentation

The market is segmented by material (nylon hammocks, rope hammocks, canvas hammocks, and others), type (Hammock chairs, Mayan hammocks, Brazilian hammocks, Nicaraguan hammocks, and Venezuelan hammocks), and Geography (North America, Europe, APAC, Middle East and Africa, and South America).

• The market share growth in the nylon hammocks segment will be significant during the forecast period. The various features this type of hammock provides are dries easily, is lightweight, is convenient to set up and wrap, and offers better strength than other sling hammocks in terms of the fabric that is used. They can also be folded or wrapped up and can be packed into any small space available while camping. In addition, they are more easily available than other variants and are very less priced. Furthermore, hammocks can be easily set up with the push of a button as they are available in a tent shape. They are made of nylon fiber which allows them to hold high pressure while opening the hammock. Hence, these factors are expected to drive the growth of the market during the forecast period.

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Table of Contents

1 Executive Summary

• 1.1 Market Overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Material
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global hammocks market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global hammocks market 2017 - 2021 ($ million)

• 4.2 Material Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Material Segment 2017 - 2021 ($ million)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Material

• 6.1 Market segments
• Exhibit 30: Chart on Material - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Material - Market share 2022-2027 (%)

• 6.2 Comparison by Material 
• Exhibit 32: Chart on Comparison by Material
• Exhibit 33: Data Table on Comparison by Material

• 6.3 Nylon hammocks - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Nylon hammocks - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Nylon hammocks - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Nylon hammocks - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Nylon hammocks - Year-over-year growth 2022-2027 (%)

• 6.4 Rope hammocks - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Rope hammocks - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Rope hammocks - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Rope hammocks - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Rope hammocks - Year-over-year growth 2022-2027 (%)

• 6.5 Canvas hammocks - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Canvas hammocks - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Canvas hammocks - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Canvas hammocks - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Canvas hammocks - Year-over-year growth 2022-2027 (%)

• 6.6 Others - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by Material 
• Exhibit 50: Market opportunity by Material ($ million)
• Exhibit 51: Data Table on Market opportunity by Material ($ million)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 52: Chart on Type - Market share 2022-2027 (%)
• Exhibit 53: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 54: Chart on Comparison by Type
• Exhibit 55: Data Table on Comparison by Type

• 7.3 Hammock chairs - Market size and forecast 2022-2027 
• Exhibit 56: Chart on Hammock chairs - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Hammock chairs - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Hammock chairs - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Hammock chairs - Year-over-year growth 2022-2027 (%)

• 7.4 Mayan hammocks - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Mayan hammocks - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Mayan hammocks - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Mayan hammocks - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Mayan hammocks - Year-over-year growth 2022-2027 (%)

• 7.5 Brazilian hammocks - Market size and forecast 2022-2027 
• Exhibit 64: Chart on Brazilian hammocks - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Brazilian hammocks - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Brazilian hammocks - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Brazilian hammocks - Year-over-year growth 2022-2027 (%)

• 7.6 Nicaraguan hammocks - Market size and forecast 2022-2027 
• Exhibit 68: Chart on Nicaraguan hammocks - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Data Table on Nicaraguan hammocks - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Chart on Nicaraguan hammocks - Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Nicaraguan hammocks - Year-over-year growth 2022-2027 (%)

• 7.7 Venezuelan hammocks - Market size and forecast 2022-2027 
• Exhibit 72: Chart on Venezuelan hammocks - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Data Table on Venezuelan hammocks - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Chart on Venezuelan hammocks - Year-over-year growth 2022-2027 (%)
• Exhibit 75: Data Table on Venezuelan hammocks - Year-over-year growth 2022-2027 (%)

• 7.8 Market opportunity by Type 
• Exhibit 76: Market opportunity by Type ($ million)
• Exhibit 77: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 78: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 79: Chart on Market share by geography 2022-2027 (%)
• Exhibit 80: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 81: Chart on Geographic comparison
• Exhibit 82: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 87: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 91: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027 
• Exhibit 99: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 UK - Market size and forecast 2022-2027 
• Exhibit 107: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027 
• Exhibit 111: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 China - Market size and forecast 2022-2027 
• Exhibit 115: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 116: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 117: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 118: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.12 Canada - Market size and forecast 2022-2027 
• Exhibit 119: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 120: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 121: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 122: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 123: Market opportunity by geography ($ million)
• Exhibit 124: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 125: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 126: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 127: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 128: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 129: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 130: Matrix on vendor position and classification

• 12.3 ATC Furniture
• Exhibit 131: ATC Furniture - Overview
• Exhibit 132: ATC Furniture - Product / Service
• Exhibit 133: ATC Furniture - Key offerings

• 12.4 Bamboo Village Co. Ltd. 
• Exhibit 134: Bamboo Village Co. Ltd. - Overview
• Exhibit 135: Bamboo Village Co. Ltd. - Product / Service
• Exhibit 136: Bamboo Village Co. Ltd. - Key offerings

• 12.5 Best Choice Products Inc.
• Exhibit 137: Best Choice Products Inc. - Overview
• Exhibit 138: Best Choice Products Inc. - Product / Service
• Exhibit 139: Best Choice Products Inc. - Key offerings

• 12.6 Dalian De Sheng Camping Tourist Products Co. Ltd. 
• Exhibit 140: Dalian De Sheng Camping Tourist Products Co. Ltd. - Overview
• Exhibit 141: Dalian De Sheng Camping Tourist Products Co. Ltd. - Product / Service
• Exhibit 142: Dalian De Sheng Camping Tourist Products Co. Ltd. - Key offerings

• 12.7 Eagles Nest Outfitters Inc. 
• Exhibit 143: Eagles Nest Outfitters Inc. - Overview
• Exhibit 144: Eagles Nest Outfitters Inc. - Product / Service
• Exhibit 145: Eagles Nest Outfitters Inc. - Key offerings

• 12.8 Foxelli
• Exhibit 146: Foxelli - Overview
• Exhibit 147: Foxelli - Product / Service
• Exhibit 148: Foxelli - Key offerings

• 12.9 GrandTrunk
• Exhibit 149: GrandTrunk - Overview
• Exhibit 150: GrandTrunk - Product / Service
• Exhibit 151: GrandTrunk - Key offerings

• 12.10 INCA Hammock Manufacturing and Export Pvt. Ltd. 
• Exhibit 152: INCA Hammock Manufacturing and Export Pvt. Ltd. - Overview
• Exhibit 153: INCA Hammock Manufacturing and Export Pvt. Ltd. - Product / Service
• Exhibit 154: INCA Hammock Manufacturing and Export Pvt. Ltd. - Key offerings

• 12.11 Kammok
• Exhibit 155: Kammok - Overview
• Exhibit 156: Kammok - Product / Service
• Exhibit 157: Kammok - Key offerings

• 12.12 KW Hammock Co.
• Exhibit 158: KW Hammock Co. - Overview
• Exhibit 159: KW Hammock Co. - Product / Service
• Exhibit 160: KW Hammock Co. - Key offerings

• 12.13 LIAONING LUCKY JOHNNY TRADING Co. Ltd. 
• Exhibit 161: LIAONING LUCKY JOHNNY TRADING Co. Ltd. - Overview
• Exhibit 162: LIAONING LUCKY JOHNNY TRADING Co. Ltd. - Product / Service
• Exhibit 163: LIAONING LUCKY JOHNNY TRADING Co. Ltd. - Key offerings

• 12.14 Maurjen Pty Ltd.
• Exhibit 164: Maurjen Pty Ltd. - Overview
• Exhibit 165: Maurjen Pty Ltd. - Product / Service
• Exhibit 166: Maurjen Pty Ltd. - Key offerings

• 12.15 Pawleysislandhammocks.com LLC 
• Exhibit 167: Pawleysislandhammocks.com LLC - Overview
• Exhibit 168: Pawleysislandhammocks.com LLC - Product / Service
• Exhibit 169: Pawleysislandhammocks.com LLC - Key offerings

• 12.16 Snow Joe LLC
• Exhibit 170: Snow Joe LLC - Overview
• Exhibit 171: Snow Joe LLC - Product / Service
• Exhibit 172: Snow Joe LLC - Key offerings

• 12.17 Vivere Ltd.
• Exhibit 173: Vivere Ltd. - Overview
• Exhibit 174: Vivere Ltd. - Product / Service
• Exhibit 175: Vivere Ltd. - Key offerings

13 Appendix

• 13.1 Scope of the reportReport
• Inclusions and exclusions checklist 
• Exhibit 176: Inclusions checklist
• Exhibit 177: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 178: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 179: Research methodology
• Exhibit 180: Validation techniques employed for market sizing
• Exhibit 181: Information sources

• 13.5 List of abbreviations
• Exhibit 182: List of abbreviations

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