Key regions: Singapore, United Kingdom, Indonesia, India, Vietnam
The Camping market in Canada has been experiencing significant growth and development in recent years.
Customer preferences: Customers in Canada 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 desire for adventure, eco-friendly travel options, and a break from the hustle and bustle of city life are driving more people towards camping as a preferred vacation option.
Trends in the market: One notable trend in the Canadian camping market is the increasing popularity of glamping, which combines the experience of camping with luxury amenities. This trend caters to individuals who seek the tranquility of nature without compromising on comfort. Additionally, there is a growing interest in sustainable and eco-conscious camping practices, with more campgrounds and outdoor retailers offering environmentally friendly options.
Local special circumstances: Canada's vast and diverse natural landscapes provide ample opportunities for camping enthusiasts, from rugged mountain terrains to serene lakeside locations. The country's well-preserved national parks and scenic campgrounds attract both domestic and international campers, contributing to the overall growth of the camping market. Furthermore, the unique cultural heritage of Indigenous communities in Canada has also played a role in shaping the camping experience, with opportunities for visitors to learn about traditional land stewardship practices.
Underlying macroeconomic factors: The growing trend of staycations and domestic travel in Canada, especially in light of global uncertainties and travel restrictions, has boosted the camping market. Additionally, the increasing popularity of outdoor activities as a way to maintain physical and mental well-being has driven more people towards camping as a recreational choice. The overall economic stability and disposable income levels in Canada have also supported the growth of the camping market, as consumers are willing to invest in outdoor experiences and equipment.
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.
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