The Hammocks market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.
Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study.
This study is one of the most comprehensive documentation that captures all the facets of the evolving hammocks marketHammock is a net, fabric, or rope, that is suspended from two supports by cords at both ends.
This setup is mostly used for swinging, resting, or sleeping, and widely used in outdoor camping and hiking.
Hammocks Market Overview
There is a huge demand of hammocks amongst hikers or climbers due to its lightweight and multifunctional uses. It is very compact in size and requires a very low storage room.
Globally there is huge surge registered in adventurous activity like outdoor camping and hiking. Hence its evident to that the sales of hammocks will pick up in near future. However, due to the current Covid-19 related restrictions, the market has witnessed a downward spiral..
Hammocks Market: Key drivers and restraints
Increased participation in outdoor activities and growing health awareness is a key driving force behind the hammock market. People are more focused on destressing by engaging themselves in outdoor recreational activities and hence they are willing to spend more on accessories like hammocks which can be used widely during activity.
Hammocks are widely used in airplanes economic classes where passengers require additional space and a comfortable journey. This is an innovative novel solution developed by manufactures called as leg hammock which offers additional leg room for better relaxation.
Hammocks application can be extended to surfing by converting it into a raft which can easily accommodate six people. Vendors are now focused on incorporating new design for homecraft which can be conveniently used as a raft.
Hammocks Market: Region-wise Analysis
Europe and US have significant share in hammocks market owing to large consumer base. These regions have advantage of advantageous terrain. For instance, Acadia National Park, White Mountain National Forest, Grand Canyon are popular outdoor camping destinations in Unites States.
In past few years, Asia pacific has emerged as a lucrative market for hammocks and other camping accessories. A young demographic is potentially capable of yielding profitable results to hammock market and manufacturers are eyeing to tap this opportunity.
Hammocks Market: Competitive Landscape
The key players present in global hammocks market are
- Wise Owl Outfitters
- The Hammock Expert
- Lazy Daze Hammocks
- Winner Outfitters
- Golden Eagle Outdoor
- Eagles Nest Outfitters
- Hammock Sky
- Mad Grit
- Avion Gear
- Grand Trunk
- and Elevate Hammock Company.
The hammocks market is moderately competitive due presence of multiple established players. These manufacturers are gradually competing against each other based on factors such as price, quality, brand, and variety.
Many hammock swing manufacturers are trying to strengthen market leadership by adopting marketing and promotional strategies in combination with collaboration and acquisitions.
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Rest of LATAM)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia, Rest of Europe)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
- The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
- The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
- The report also maps the qualitative impact of various market factors on market segments and geographie
- Many players are eyeing on latest trend which is gaining momentum due to its riding popularity.
- For Instance, Vendors have come up with a combination of a rocking chair with hammock which serves as a hammock canopy is very demanding for indoor relaxation.
Hammocks Market Segmentation
The hammocks Market can be segmented based on the following:
- Hammock chair
- Brazilian hammocks
- Venezuelan hammocks
- Mayan hammocks
- Nicaraguan/Mexican hammocks
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