Camping - Ukraine | Statista Market Forecast

Camping - Ukraine

Ukraine

Highlights

The Camping market in Ukraine is anticipated to experience a significant growth in revenue, with projections indicating a rise to US$2.64m by 2024.
It is further anticipated that there will be a consistent annual growth rate (CAGR 2024-2029) of 12.74%, leading to an estimated market volume of US$4.81m by 2029.
The number of users in the Camping market is also expected to increase to 43.38k users by 2029.
In 2024, user penetration is expected to be 0.1%, which is also expected to remain constant by 2029.
The average revenue per user (ARPU) is expected to be US$103.40.
By 2029, 64% of total revenue in the Camping market is expected to be generated through online sales.
When compared globally, United States is expected to generate the highest revenue, with an estimated US$26bn in 2024.
Camping in Ukraine is gaining popularity due to the country's beautiful natural landscapes and affordable prices for camping equipment and facilities.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Camping market in Ukraine has been experiencing significant growth in recent years, driven by changing consumer preferences and local special circumstances.

Customer preferences: In Ukraine, there is a growing trend towards eco-friendly and sustainable tourism, leading to an increased interest in camping as a way to connect with nature. Ukrainian consumers are increasingly seeking unique experiences and are drawn to the freedom and flexibility that camping offers. Additionally, there is a rising interest in outdoor activities and adventure travel among the younger population, further fueling the demand for camping experiences.

Trends in the market: One of the notable trends in the Camping market in Ukraine is the popularity of glamping, a luxurious form of camping that combines comfort and nature. This trend caters to consumers looking for a more upscale camping experience without compromising on the connection to the outdoors. Additionally, there is a growing demand for camping equipment and accessories, as more Ukrainians invest in high-quality gear to enhance their camping trips. The market is also seeing an increase in organized camping tours and events, catering to both experienced campers and beginners.

Local special circumstances: Ukraine's diverse natural landscapes, including picturesque mountains, forests, and rivers, provide an ideal setting for camping enthusiasts. The country's rich cultural heritage and historical sites also attract campers looking to explore the local traditions and landmarks while enjoying the outdoors. Furthermore, the affordability of camping compared to traditional accommodation options makes it an attractive choice for budget-conscious travelers in Ukraine.

Underlying macroeconomic factors: The growth of the Camping market in Ukraine is also influenced by macroeconomic factors such as increasing disposable income levels and changing travel preferences. As the economy continues to stabilize and incomes rise, more Ukrainians have the financial means to invest in recreational activities like camping. Additionally, the ongoing trend of domestic tourism, driven by factors such as currency fluctuations and geopolitical considerations, has encouraged Ukrainians to explore their own country and seek out local camping experiences.

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.