The Hammock Market is likely to hold the global market at a moderate CAGR of ~6% during the forecast period. The global market holds a forecasted revenue of ~USD 4.2 Million in 2022 and is likely to cross ~USD 7.5 Million by the end of 2032.
The Hammock market is anticipated to show promising growth prospects during the forecast period, expanding the Hammock market size.
| Attribute | Details |
|---|---|
| The Hammock Market Estimated Size (2021) | ~USD 3.9 Million |
| The Hammock Market Estimated Size (2022) | ~USD 4.2 Million |
| The Hammock Market Projected Size (2032) | ~USD 7.5 Million |
| The Hammock Market CAGR (2022 to 2032) | ~6% |
Hammocks are sling like bed or a swing made from fabric or rope netted, which is suspended between at least two end points like rods or trees, and is used for resting or sleeping. These hammocks are suspended in mid-air, hence are extremely safe and comfortable.
These hammocks are popular in hikers and campers, as there might be some problems while setting up tents, reason being uneven ground. Hammocks are not just popular among campers, but they are also seen as a sign of leisure, and many people get hammocks in their backyards or porches to relax in summer nights. These hammocks are lightweight and multifunctional too.
As there is a huge demand of outdoor activities all around the world, the hammocks market is ready to take a leap in upcoming years.
People today are becoming more and more concerned with their health and are constantly looking for new ways to improve it. People realised during the COVID outbreak that living a healthy lifestyle is ultimately what matters. Today, people everywhere are willing to invest time and money in their health.
Recreational activities, particularly those that take place outside, have increased as a result of this realisation. Camping and outdoor adventure activities are currently the most popular pastimes. To be comfortable while camping and increase convenience, people are spending on camping accessories as hammocks and tents and many more.
These hammocks are not just used for outdoor activities. They are used by airlines to provide extra leg space to customers. Small hammocks are attached under the seats of the aircraft, where traveller will put their feet on. This simple idea is really popular as it allows travellers to stretch their legs and relax without bothering anyone.
Many luxury hotels and resorts are also having hammocks around their swimming pools and lounge areas. These hammocks are often looked at as a sign of luxury, and guests spend their time relaxing on hammocks and relax chairs. Some hotels use them as a decoration, and design their terraces or balconies with colourful hammocks.
The hammocks are easy to use, portable and fancy looking. Even though, they are not flawless. There are some limitations to their functionality. To set up a hammock, two sturdy and strong supporting columns are must, without such support, they are useless. If the camping site is in open plains, or somewhere there are no trees, these hammocks are not suitable such situations.
These hammocks are designed only for one person or some are two people, it is also a limitation while using them. There is more heat loss in hammock, as there is no insulation ground. Tent campers have ground and have covers overhead, hence they can insulate body heat, but hammock campers are suspended in air, and they have no means of insulation, making it uncomfortable to sleep in cold nights.
There is one more significant inconvenience of using a hammock while camping, that is one has to learn the hammock camping and it might take practice to perfect it.
These difficulties to use hammock might affect the market, as experienced campers will suggest use of tents for resting for the nights.
Hammocks are becoming a trend among campers, and many adventure enthusiasts are ready to explore the wildlife. Campers are loving hammocks, as they are giving carefree vibes to them, and letting them enjoy fullest. European campers are getting hammock camping offers, and they are situated in most beautiful and naturally equipped campsites.
There are many campsites in Belgium and Netherlands where campers are enjoying hammock camping solo or with their loved ones. The Campspaces are providing number of hammock camps in these countries.
Western Washington university student is now a campus celebrity, thanks to his idea of just chilling in a hammock in the campus. The first year student is popular with name Hammock-man, and is setting the trend of just relaxing in hammock anywhere.
There is just one intention of this process, and that is to just relax and enjoy the moment. Americans were doing this trend, called Mocking, where people used to just relax in a hammock, and now they are catching up to this trend again.
Some key players in the Hammocks market are Foxelli, Lazy Daze Hammocks, Winner Outfitters, Golden Eagle Outdoor, Eagles Nest Outfitters, Hammock Sky, Honesh, Wise Owl Outfitters, The Hammock Expert, REI, Mad G, Avion Gear and others.
| Attribute | Details |
|---|---|
| Growth Rate | CAGR of ~6% from 2022 to 2032 |
| Base year for estimation | 2021 |
| Historical Data Available for | 2017 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative units | Revenue in USD Billion, volume in Units, and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, pricing analysis |
| Segments covered | Product Type, Material Used, Application, Region |
| Country scope | USA, Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, India, Thailand, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, UAE, South Africa |
| Key Companies Profiled | Foxelli; Lazy Daze Hammocks; Winner Outfitters; Golden Eagle Outdoor; Eagles Nest Outfitters; Hammock Sky; Honesh; Wise Owl Outfitters; The Hammock Expert; REI; Mad G; Avion Gear; Others |
| Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
The hammock market is expected to reach a valuation of ~USD 4.2 Million in 2022.
Increasing number of recreational activities as camping and outings, along with increasing adventure enthusiasts are major reasons for driving the hammocks market. People are camping and going out in nature to relax and escape the daily routine.
Leading players operating in Hammock market are Foxelli, Lazy Daze Hammocks, Winner Outfitters, Golden Eagle Outdoor, Eagles Nest Outfitters, Hammock Sky, Honesh, Wise Owl Outfitters, The Hammock Expert, REI, Mad G, Avion Gear and among others.
Hammocks Market
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