Report ID: SQMIG25F2025
Report ID:
SQMIG25F2025 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|
Tables:
64 |
Figures:
75
Global Glamping Market size was valued at USD 2.72 billion in 2022 and is poised to grow from USD 3 billion in 2023 to USD 6.52 billion by 2031, growing at a CAGR of 10.20% during the forecast period (2024-2031).
The growing consumer reliance on social media is anticipated to raise public knowledge of glamping and its advantages. Additionally, the business is anticipated to benefit from steep discounts and alluring vacation packages being given by numerous travel websites. Cities in America have utilized festivals to attract talent and promote business. One of the most well-liked consumer trends in the U.S. is glamping, sometimes known as elegant glamping. It is also anticipated that the increase in the number of concerts and large music festivals held every other week in various areas of the world will be a major factor supporting the glamping sector throughout the forecast period.
The availability of time, consumer willingness to pay for luxury travel or glamping sites, preferences for experiences over traditional pampering and possessions, and other factors are some of those predicted to boost the glamping industry in the forecast period from 2022 to 2030.
Glamping provides an outdoor travel experience without the need to bring or purchase equipment, and at some locations, it also provides upscale amenities and services similar to those found in hotels. For instance, AutoCamp, an authorized partner of Airstream Inc., offers a variety of pet-friendly lodging options, such as luxury tents, custom modern cabins, and more (depending on the season). There is a clubhouse on each property as well, complete with communal fire pits, hammocks, lawn sports, and board games. Additionally, while staycations were historically reserved for special occasions, current couples, families, and groups of individuals understood that they need to treat themselves on their days off from work and family obligations. Another reason that people prefer having vacations within the boundaries of cities is that many people now select neighboring retreats for long weekends.
In order to expand their service and raise their revenue, many market participants are more likely to partner with well-known hotels and restaurants, software providers for high-tech equipment, culinary services, artists and bands, and other parties. For instance, in May 2021 Gibson, a prominent guitar manufacturer, partnered with Under Canvas to enhance the guest programming at nine of its U.S. stores. Additionally, a 30-year agreement with Westgate Resorts was extended by Interval International, a renowned holiday operator, in May 2022.
US Glamping Market is poised to grow at sustainable CAGR for the next forecast year.
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Report ID: SQMIG25F2025