Market Insights Mobility Travel & Tourism

Camping - Egypt

Egypt

Egypt's Camping market is expected to experience a substantial growth in revenue, which is projected to reach US$10.23m by 2024.
Furthermore, the annual growth rate (CAGR 2024-2029) is estimated at 7.08%, which is expected to result in a market volume of US$14.40m by 2029.
The number of users in this market is expected to reach 640.90k users by 2029, with a user penetration rate of 0.2% in 2024 projected to increase to 0.5% by 2029.
The average revenue per user (ARPU) is expected to be US$39.41.
Additionally, online sales are projected to generate 62% of total revenue in the Camping market by 2029.
In comparison to other countries, United States is expected to generate the highest revenue, with an estimated revenue of US$25,810m in 2024.
Despite being a challenging market for camping, Egypt's unique landscapes and rich cultural heritage offer an opportunity for adventure-seeking tourists.

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

Market

Region

Region comparison

Currency

Analyst Opinion

The Camping market in Egypt has been experiencing significant growth and development in recent years.

Customer preferences: Customers in Egypt are increasingly drawn to camping as a way to disconnect from their busy lives and reconnect with nature. The trend of seeking outdoor experiences and adventure has been on the rise, with more people opting for camping trips to explore the country's natural beauty.

Trends in the market: One noticeable trend in the Egyptian camping market 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 is driving the demand for eco-friendly camping gear and accessories in the market.

Local special circumstances: Egypt's unique geographical features, such as the diverse landscapes ranging from deserts to coastal areas, provide ample opportunities for camping enthusiasts. The country's rich history and cultural heritage also attract tourists who are looking for immersive camping experiences near historical sites.

Underlying macroeconomic factors: The growing tourism industry in Egypt is playing a significant role in driving the development of the camping market. As the government continues to invest in infrastructure and promote tourism initiatives, more travelers are exploring the country and seeking alternative accommodation options like camping. Additionally, the rise in disposable income among the middle-class population is enabling more Egyptians to invest in outdoor recreational activities like camping.

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.