Market Insights Mobility Travel & Tourism

Camping - North Macedonia

North Macedonia

North Macedonia is expected to see a revenue of US$0.41m in the Camping market by 2024.
The revenue is projected to experience an annual growth rate (CAGR 2024-2029) of 8.97%, leading to a market volume of US$0.63m by 2029.
In terms of user base, the Camping market is expected to have 10.82k users users by 2029.
In 2024, the user penetration is expected to be 0.4%, and it is expected to decrease to 0.5% by 2029.
The average revenue per user (ARPU) is expected to be US$54.16.
By 2029, online sales are expected to generate 60% of the total revenue in the Camping market.
When compared globally, United States is expected to generate the most revenue, with US$25,810m in 2024.
Camping in North Macedonia offers a unique experience with its stunning natural landscapes and affordable prices.

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

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Analyst Opinion

The Camping market in North Macedonia has been experiencing steady growth in recent years, reflecting the increasing popularity of outdoor activities among the local population.

Customer preferences: North Macedonians have shown a growing interest in camping as a way to connect with nature and enjoy the country's beautiful landscapes. Many consumers are seeking affordable and eco-friendly options for their outdoor adventures, driving the demand for camping equipment and accessories. Additionally, there is a rising trend towards experiential travel, with campers looking for unique and memorable experiences in nature.

Trends in the market: One notable trend in the Camping market in North Macedonia is the increasing popularity of glamping, a luxurious form of camping that offers high-end amenities and accommodations. This trend caters to consumers looking for a more comfortable camping experience without compromising on the connection to nature. Furthermore, the market has seen a rise in family-friendly camping options, with more campgrounds and facilities offering activities for children and families.

Local special circumstances: North Macedonia's rich natural resources, including national parks, lakes, and mountains, make it an ideal destination for camping enthusiasts. The country's diverse landscapes provide a range of camping opportunities, from mountain camping to lakeside retreats. Additionally, the government has been promoting ecotourism initiatives to protect the environment and support sustainable camping practices.

Underlying macroeconomic factors: The growth of the Camping market in North Macedonia can also be attributed to the country's improving economic conditions and rising disposable incomes. As more North Macedonians have the means to travel and explore their own country, the demand for camping experiences has increased. Additionally, the rise of digital platforms and social media has made it easier for campgrounds and outdoor brands to reach and engage with consumers, driving further growth in the market.

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.