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The glamping market is expected to reach a valuation of US$ 10.6 Bn in 2032, expanding at an impressive 11.8% CAGR over the assessment period.
A major driver of the glamping market is the increase in government-backed tourism projects around the world. Tourism industry players are providing improved ways to lure more tourists to outdoor destinations.
The uptake and integration of technologies in such locations is encouraging consumers to opt for outdoor recreational activities, thereby augmenting the growth in the market.
Another aspect driving the industry is the growth of recreational vans and other motor homes with rental services. Individuals are spending quality time with family and friends in remote regions, with all of the resources at their disposal, which is becoming a trend in the global tourist industry. Further, the higher number of tourist locations in Europe and the development of regional tourism by various countries such as Spain, France, U.K., Germany, etc., is spurring demand in the market, and the trend is expected to continue over the forecast period.
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“Increasing sales of eco-pods, along with growing integration of technologies to facilitate comfort and safety in such accommodations will continue driving sales in the market over the assessment period,” says the FMI analyst.
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Few key players in the glamping market are Bourne Leisure Holdings Limited, TENTRR, Tents Xpert, Under Canvas, The Resort at Paws Up, Collective Retreats, Asheville Glamping, GlamXperience, PurePods, Getaway House, Inc., Hoshino Resorts Inc., and Baillie Lodges among others.
Leading players operating in the global glamping market are investing in research and development to improve the quality of products and services to attract more customers.
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About Future Market Insights (FMI) Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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