Camping - Brunei Darussalam

Brunei Darussalam

Highlights

It is projected that the Camping market in Brunei Darussalam will experience a revenue growth and reach US$153.30k by 2024.
The market volume is expected to reach US$161.40k by 2029, which shows an annual growth rate (CAGR 2024-2029) of 1.04%.
The number of users is also expected to increase and reach 1.81k users by 2029.
In 2024, the user penetration is 0.4% and is expected to decline to 0.4% by 2029.
The average revenue per user (ARPU) is expected to be US$92.00.
By 2029, 74% of total revenue in the Camping market is expected to be generated through online sales.
It is interesting to note that in global comparison, United States is expected to generate the highest revenue in the Camping market.
In 2024, the revenue generated by United States is projected to be US$26bn.
Camping in Brunei Darussalam offers unique opportunities to experience the country's lush rainforests, diverse wildlife and rich cultural heritage.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Camping market in Brunei Darussalam is experiencing a steady growth trajectory, driven by evolving customer preferences, local special circumstances, and underlying macroeconomic factors.

Customer preferences: Customers in Brunei Darussalam are increasingly seeking outdoor recreational activities, with camping being a popular choice. The desire to connect with nature, engage in physical activities, and spend quality time with family and friends are driving individuals towards camping as a preferred leisure activity.

Trends in the market: In Brunei Darussalam, there is a noticeable trend towards sustainable and eco-friendly camping practices. Consumers are showing a preference for environmentally conscious camping gear and accessories, reflecting a global shift towards responsible tourism. Additionally, there is a rising interest in glamping (luxury camping) options among consumers looking for a more comfortable outdoor experience.

Local special circumstances: Brunei Darussalam's rich natural landscapes, including lush rainforests, pristine beaches, and diverse wildlife, make it an ideal destination for camping enthusiasts. The government's efforts to promote eco-tourism and preserve the country's natural heritage further contribute to the growth of the camping market. Additionally, the presence of designated camping sites and facilities across the country enhances the overall camping experience for both locals and tourists.

Underlying macroeconomic factors: The stable economic environment in Brunei Darussalam, supported by the country's strong GDP per capita and low unemployment rates, provides individuals with the disposable income to invest in recreational activities like camping. Furthermore, the government's focus on developing the tourism sector and promoting domestic travel encourages more residents to explore camping as a cost-effective and enriching leisure option.

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.