Arizton’s latest research report states that the glamping market in US is projected to reach a revenue of around $1 billion by 2024, growing at a CAGR of over 15% during 2018−2024.
Key Highlights Offered in the Report:
• The number of camping households reached 80 million in the US market, hence campers are moving towards glamping activities with luxurious amenities.
• Relaxation and de-stressing are the main motives behind the popularity of glamping.
• The West Coast states such as California, New York, Colorado, Washington, and Texas have the highest interest in glamping.
• The demand for cabins and safari tents is expected to grow at 2.5x in the next five years.
• About 34% of the population lists GPS/WIFI as the most luxurious facility in campsites, followed by showering/washing facilities, electricity, and refrigeration.
• Wellness tourism is expected to grow at a CAGR of around 7% by 2024, thereby accelerating the growth of the camping market.
• Yurts in modern styles and exotic features and luxury multi-storey tree houses with premium amenities are likely to boost revenues in the US glamping market.
• Corporate retreats and adventure vacations will emerge as the new vacation trends in the US market.
US Glamping Market – Segmentation
This market research report includes a detailed segmentation of the market by accommodation type, end-user groups, area, and land ownership.
• The cabins segment dominated the market share in 2018 due to increased investments in converted caravans and tree houses.
• Rural area glamping is very popular in the US but, demand for urban area glamping is expected to increase by 2024.
US Glamping Market – Dynamics
Major vendors are offering immersive and transformative experiences that include a host of activities such as yoga immersions, walking tours, cycling, hiking trips, meditation sessions, healthy culinary activities, kayaking, recreational boating, and spa treatments in the US glamping market. The growing demand for healthy lifestyles is encouraging players to provide access to several levels of services and amenities to attract the maximum number of consumers in the US market.
Key drivers and trends fueling the growth of the US market are:
• Rise of staycations
• Glamping de rigueur at music festivals
• Green travel choices follow an upward trajectory
• Luxury expeditions take off in new ways
more details on the report can be found here
