Market Insights Mobility Travel & Tourism

Camping - Gambia

Gambia

In Gambia, the Camping market is expected to experience a significant growth in the coming years.
According to the projections, the revenue in this market is expected to reach US$16.57k by 2024, with an annual growth rate (CAGR 2024-2029) of 9.12%.
This growth is expected to result in a market volume of US$25.63k by 2029.
Moreover, the number of users in the Camping market is expected to increase to 440.10users by 2029, with a user penetration rate of 0.0% in both 2024 and 2029.
The average revenue per user (ARPU) is projected to be US$65.00.
Furthermore, in the Camping market, around 60% of the total revenue is expected to be generated through online sales by 2029.
It is worth noting that in global comparison, United States is projected to generate the highest revenue, with an expected revenue of US$25,810m in 2024.
Camping in Gambia offers a unique opportunity for travelers to experience the natural beauty and rich culture of the country.

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

Market

Region

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Analyst Opinion

The Camping market in Gambia is experiencing significant growth and development.

Customer preferences: Customers in Gambia are increasingly drawn to camping as a way to enjoy nature and outdoor activities. The trend of seeking unique and authentic experiences is driving more people towards camping as a preferred choice for leisure and relaxation.

Trends in the market: One noticeable trend in the Camping market in Gambia is the rising popularity of eco-friendly and sustainable camping practices. Campers are showing a preference for environmentally conscious products and services, leading to an increase in the availability of eco-friendly camping gear and facilities. Additionally, there is a growing interest in experiential camping, with more emphasis on adventure-based activities and immersive experiences in nature.

Local special circumstances: Gambia's unique geographical features, including its diverse landscapes ranging from beaches to savannas, make it an ideal destination for camping enthusiasts. The country's rich biodiversity and wildlife offer a one-of-a-kind camping experience for nature lovers. The presence of national parks and reserves provides ample opportunities for camping amidst stunning natural surroundings.

Underlying macroeconomic factors: The growing tourism industry in Gambia is playing a significant role in driving the development of the Camping market. As more tourists visit the country in search of authentic experiences, the demand for camping facilities and services is on the rise. Additionally, the government's efforts to promote sustainable tourism practices and environmental conservation are creating a conducive environment for the growth of the camping industry.

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.