Global Hammocks Market, By Product Type (Rope Hammock, Quilted Hammock, Brazilian Hammock, Nicaraguan Hammock, Camping Hammock and Others), Material (Cotton, Nylon, Polyester, Wooden, Duracord and Others), Style (Portable Folding Hammock, Hammock Chair, Hammock With Chair, Canopy Hammock, Teardrop Hammock and Others), Price (Up to US$ 50, US$ 50 to US$ 100 and Above US$ 100), Capacity (Upto 300 lbs , 300 lbs to 500 Ibs and Above 500 Ibs), Application (Indoor and Outdoor), End-user (Individual, Hotels, Resorts and Tourism Industry), Distribution Channel (Online and Offline), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights of Hammocks Market
The hammocks market is expected to be growing at a growth rate of 8.2% in the forecast period of 2022 to 2029 and would likely to reach an estimated value of 1,490.32 million in 2029. Data Bridge Market Research analyses the factors responsible for fostering the growth of hammocks market. Rapid urbanisation, an increase in disposable income and an increase in customer demand for premium and luxury hammocks are the key driving forces for the global market.
Hammocks are sling-like structures made of fabric rope woven into a net. They are commonly used for sleeping in the wild and as a form of relaxation on beaches or in people's backyards. Polypropylene is the most commonly used material for making hammocks, followed by cotton and other materials such as nylon, canvas, parachute silk, and others.
Rapid urbanisation, increase in disposable income, rise in demand for housing real estate space, and increase in customer demand for premium and luxury hammocks are the key driving forces for the global market. Furthermore, people are actively participating in home improvement and design by incorporating various home decors, furniture, hammocks, and other accessories. Also, high-quality hammocks are gaining popularity in the residential market due to properties such as long durability, high comfort, tear resistance, breathability, and water resistance, which significantly contributes to the global market's growth.
Globally, an increase in disposable income has led to an increase in spending on recreational activities. As a result, there is an even greater demand for outdoor activities such as camping. These are the primary growth drivers that will propel the global hammocks market during the forecast period.
However, recreational activities are frequently done outside of a city where basic amenities such as electricity and the internet may not be available. Camping tents may be unable to withstand hazardous environments such as rain and storms. Certain constituents are impeding the exchange of hammocks during the forecast period of 2022 to 2029.
This hammocks market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on hammocks market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Hammocks Market Scope and Market Size
The hammocks market is segmented on the basis of product type, material, style, price, capacity, application, end user and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the hammocks market is segmented into rope hammock, quilted hammock, Brazilian hammock, Nicaraguan hammock, camping hammock and others
- On the basis of material, the hammocks market is segmented into cotton, nylon, polyester , wooden , duracord and others
- On the basis of style, the hammocks market is segmented into portable folding hammock, hammock chair, hammock with chair, canopy hammock, teardrop hammock and others
- On the basis of price, the hammocks market is segmented into Up to US$ 50, US$ 50 to US$ 100 and above US$ 100
- On the basis of capacity, the hammocks market is segmented into upto 300 lbs, 300 lbs to 500 lbs and above 500 lbs
- On the basis of application, the hammocks market is segmented into indoor and outdoor
- On the basis of end user, the hammocks market is segmented into individual, hotels, resorts and tourism industry
- On the basis of distribution channel, the hammocks market is segmented into offline and online
Hammocks Market Country Level Analysis
The hammocks market is analysed and market size insights and trends are provided by country, product type, material, style, price, capacity, application, end user and distribution channel as referenced above.
The countries covered in the hammocks market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region dominates the hammocks market and will continue its dominance trend in the forecast period. One of the major factors driving demand for the hammock market in the region is the increasing use of hammocks for relaxation and recreational activities such as hiking and outing.
The country section of the hammocks market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Hammocks Market Share Analysis
The hammocks market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to hammocks market.
Some of the major players operating in the hammocks market are REI, Foxelli, Lazy Daze Hammocks, Winner Outfitters, Honesh, Wise Owl Outfitters, Golden Eagle Outdoor, Hammock Sky, Mad Grit, Newdora, Ollieroo, Avion Gear, Grand Trunk, ATC Furniture, Best Choice Products, Danlong Hammocks, Eagles Nest Outfitters Inc., GRANDTRUNK, INCA Hammock Manufacturing & Export Pvt. Ltd., KW Hammock Co., LIAONING LUCKY JOHNNY TRADING Co. Ltd., Pawleys Island Hammocks, and Vivere Ltd. among others.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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