Global Camp Fire Tripod Market 2017-2021
About Camp Fire Tripod
A tripod is used over a campfire or fire pit to hang different cooking equipment over the fire. These tripods are equipped with a chain to hold the pot or grillers. It can be raised to the desired height over the fire to fine-tune the cooking temperature. It helps in efficient and even cooking and is lighter in weight than a fire grill. In addition to the table grates and swivel grills, campfire tripods have become largely popular cooking equipment among campers. With grate and without grate tripods are the two types of camp fire tripods.
Technavio’s analysts forecast the global camp fire tripod market to grow at a CAGR of 1.44% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global camp fire tripod market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Camp Fire Tripod Market 2017-2021
Technavio recognizes the following companies as the key players in the global camp fire tripod market: Coghlan’s, Newell Brands, Oase Outdoors, Rome Industries, Stansport, Texsport, and Wilcor International.
Other Prominent Vendors in the market are: Odoland, Camp Chef, and WEALERS OUTDOOR.
Commenting on the report, an analyst from Technavio’s team said: “One trend in market is enhancement in product features through advanced technology. The raw materials used for manufacturing camp fire tripods are of crucial importance as these tripods are usually exposed to direct heat from fire or charcoal. Traditionally, cast iron was used for manufacturing tripods as it provided strength to the tripod structure. However, high-grade galvanized steel coated with a fire-resistant paint is being used for manufacturing modern camp fire tripods, especially for manufacturing without grate tripods for Dutch ovens, to prevent rusting.”
According to the report, one driver in market is adoption of multichannel promotional strategies. Camping and other outdoor activities are popular in developed countries like the US, Germany, France, and the UK. However, the rate of participation in camping in emerging countries is comparatively low. Therefore, to boost the market in APAC and the MEA, the key market players are investing more in marketing and promotional activities and using a targeted advertising approach. For instance, in 2015, Newell Brands invested $289 million in advertising and promotion, which was higher than that invested in 2011. The advertising mediums included TV, radio, the internet, print, posters, and direct mail. The key players are not only showcasing the advanced technological features of their products through their advertisements, but they are also promoting the experience of camping through them.
Further, the report states that one challenges in market is lower popularity of camping in developing nations. There is a relatively low level of awareness and interest in recreational outdoor activities like camping, hiking, and trekking in developing countries. Individuals from these countries engage in outdoor activities only for fitness and other health needs. Though the youth population in emerging economies provides huge scope for the growth of the market, the key competitors still find it difficult to increase their customer base in these regions. The camping trips in the region are limited to short-duration trips of one to three days. In addition, travelers, mostly in MEA, prefer to engage in outdoor activities in groups as this helps in reducing the overall cost of trips. This cultural preference reduces the scope of participation in long-duration outdoor expeditions as all the members of the group may not have an interest in the same type of activity. Therefore, the limited interest in activities such as camping and solo trips in developing countries hinders the growth of the market in these countries.
Coghlan’s, Newell Brands, Oase Outdoors, Rome Industries, Stansport, Texsport, Wilcor International, Odoland, Camp Chef, and WEALERS OUTDOOR.