Global Camping Lights and Lanterns Market 2017-2021
About Camping Lights and Lanterns
Camping lights and lanterns are essential sources of power for camping and backpacking tours. Apart from illuminating the camping space, modern camping lanterns come with extra features like Universal Serial Bus (USB) ports to charge one's smartphone or MP3 player, a red light for night vision, a yellow light that keeps insects away, remote control operation, a SOS mode for emergencies, and an additional flashlight. These lights and lanterns are available in a diverse range of styles and can be solar-powered, battery-operated, rechargeable, or hand-cranked.
Technavio’s analysts forecast the global camping lights and lanterns market to grow at a CAGR of 7.06% during the period 2017-2021.Covered in this report
The report covers the present scenario and the growth prospects of the global camping lights and lanterns market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of camping lights and lanterns.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Camping Lights and Lanterns Market 2017-2021
Technavio recognizes the following companies as the key players in the global camping lights and lanterns market: Black Diamond, Goldmore, Johnson Outdoors, and Newell Brands.
Other Prominent Vendors in the market are: Extreme Lights, KLARUS, Lumintop, MontBell, Nitecore, Outlite, Outwell, Paddy Pallin, Xtreme, VITCHELO, and Yalumi.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is enhancement in product features through advanced technology. With advances in technology, key competitors have come up with innovative ideas to gratify technology enthusiasts. Several new and innovative features have been introduced in camping lights and lanterns such as USB ports for charging smartphones or MP3 players, red lights for better night vision, yellow lights for keeping insects away, remote control facility, an SOS mode for emergencies, and flashlight. These innovative features enable the market players to have diverse portfolios.”
According to the report, one of the major drivers for this market is rising number of travelers for adventure activities. The adventure tourism market has grown with more number of people taking up adventure tourism to cope with their mundane daily routines. Adventure tourism is also believed to offer health benefits, (including benefits related to obesity and fostering reflectiveness) and there is no set age limit to undertake adventure tourism. The uptake of adventure tourism is relatively high in urban areas.
Further, the report states that one of the major factors hindering the growth of this market is growing interest in RVs and glamping. The demand for leisurely outdoor activities is increasing. An increase in global income levels has enabled more consumers to afford expensive camping experiences and RVs. An increase in recreational expenditures will boost the market for leisure activities and outdoor sports over the next five years. The growing popularity of RVs around the globe is expected to affect the growth of the camping lights and lanterns market during the forecast period.
Black Diamond, Goldmore, Johnson Outdoors, Newell Brands, Extreme Lights, KLARUS, Lumintop, MontBell, Nitecore, Outlite, Outwell, Paddy Pallin, Xtreme, VITCHELO, Yalumi.
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