Market Insights Mobility Travel & Tourism

Camping - Zimbabwe

Zimbabwe

It is projected that Zimbabwe's revenue in the Camping market will reach US$2.25m by 2024.
Furthermore, the revenue in this market is expected to show an annual growth rate (CAGR 2024-2029) of 28.62%.
As a result, the projected market volume is expected to be US$7.92m by 2029.
In terms of the number of users, it is expected that the Camping market will have 83.02k users users by 2029.
The user penetration rate is expected to remain at 0.2% from 2024 to 2029.
The average revenue per user (ARPU) is expected to be US$62.97.
Additionally, it is projected that 53% of the total revenue will be generated through online sales by 2029.
Lastly, in global comparison, it is expected that United States will generate the most revenue with a projected amount of US$25,810m in 2024.
Camping in Zimbabwe offers unique opportunities to explore the country's diverse wildlife and natural beauty.

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

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Analyst Opinion

The Camping market in Zimbabwe has been experiencing notable growth and development in recent years.

Customer preferences: Customers in Zimbabwe are increasingly seeking outdoor experiences and adventures, driving the demand for camping equipment and accessories. The desire to connect with nature, explore the country's beautiful landscapes, and engage in outdoor activities has fueled the popularity of camping among both locals and tourists.

Trends in the market: One key trend in the Camping market in Zimbabwe is the rising popularity of eco-friendly and sustainable camping practices. Consumers are showing a growing preference for environmentally friendly camping gear and practices, aligning with global trends towards sustainability. This shift is influencing product innovation and marketing strategies in the market.

Local special circumstances: Zimbabwe's rich natural beauty and diverse wildlife make it a prime destination for camping enthusiasts. The country's national parks, such as Hwange and Mana Pools, offer unique camping experiences amidst stunning scenery and abundant wildlife. This natural bounty attracts both domestic and international campers, boosting the local camping market.

Underlying macroeconomic factors: The growth of the Camping market in Zimbabwe is also influenced by macroeconomic factors such as the increasing focus on domestic tourism and the government's efforts to promote the sector. As disposable incomes rise and travel restrictions ease, more Zimbabweans are opting for camping trips as affordable and exciting holiday options. Government initiatives to develop tourism infrastructure and promote local destinations further support the expansion of the camping market in the country.

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.