Market Insights Mobility Travel & Tourism

Camping - Argentina

Argentina

Argentina is expected to generate a revenue of US$234.30m in the Camping market by 2024.
The projected market volume in 2029 is US$290.20m, indicating an annual growth rate of 4.37%.
It is expected that the number of users in this market will reach 2.61m users by 2029.
The user penetration rate is expected to increase from 5.2% in 2024 to 5.5% by 2029.
The average revenue per user (ARPU) is projected to be US$97.31.
Additionally, online sales are expected to contribute 61% of the total revenue in the Camping market by 2029.
In comparison to other countries, United States is projected to generate the highest revenue of US$25,810m in 2024 in this market.
Camping in Argentina offers stunning natural landscapes, from the peaks of the Andes to the shores of the Atlantic, attracting both local and international outdoor enthusiasts.

Key regions: Singapore, United Kingdom, Indonesia, India, Vietnam

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Analyst Opinion

The Camping market in Argentina has been experiencing significant growth and evolution in recent years.

Customer preferences: Argentinian consumers are increasingly drawn to the idea of outdoor activities and nature-based experiences, leading to a rise in camping as a popular recreational choice. The younger demographic, in particular, is showing a strong interest in camping as a way to disconnect from technology and reconnect with the natural environment.

Trends in the market: One notable trend in the Camping market in Argentina is the growing popularity of eco-friendly and sustainable camping practices. Consumers are becoming more conscious of their environmental impact and are seeking products and services that align with their values. This trend has led to an increase in demand for eco-friendly camping gear, organic food options, and environmentally responsible camping sites.

Local special circumstances: Argentina's diverse and picturesque landscapes, including mountains, forests, and coastal areas, provide ample opportunities for camping enthusiasts to explore and enjoy the great outdoors. The country's rich biodiversity and natural beauty make it an attractive destination for both domestic and international campers. Additionally, the government's efforts to promote tourism and outdoor recreation have further fueled the growth of the Camping market in Argentina.

Underlying macroeconomic factors: The economic stability and increasing disposable income of the Argentinian population have also played a role in the development of the Camping market. As more people have the means to invest in outdoor activities and travel experiences, the demand for camping equipment, accessories, and services has continued to grow. Additionally, the rise of digital platforms and social media has made it easier for camping enthusiasts to discover new destinations, connect with like-minded individuals, and share their outdoor adventures, further driving the expansion of the Camping market in Argentina.

Methodology

Data coverage:

Data refers to enterprises (B2C). Figures are based on camping nights, prices, average length of stay, and camping frequencies.

Modeling approach:

We use industry associations, UNWTO data, the Statista Consumer Insights survey, and pricing data of websites to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as tourism GDP, share of internet users, and demographic data.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the market. For the camping market, Holt-Winters forecast, ARIMA, and Bayesian Ridge regression were used. The main drivers are the tourism GDP per capita and the share of internet users.

Additional notes: :

Data is modeled using current exchange rates. The market is updated twice per year in case market dynamics change.