Australia’s camping equipment market is poised for slight growth, with a projected CAGR of 0.4% from 2024 to 2035. IndexBox’s latest report reveals that driven by increasing demand, the market volume is anticipated to reach 16K tons, with a market value set to hit $97M by 2035. This forecast suggests a positive trend in the camping goods sector in Australia over the next decade.
Consumption of camping goods in Australia saw a decline in 2024, dropping by 18.1% to 15K tons. This decrease marked the second consecutive year of diminishing consumption after a peak in 2014. The market revenue also shrank rapidly to $90M in 2024, reflecting a significant contraction. Despite previous growth, the market struggled to regain momentum, hinting at shifting consumer preferences or market dynamics.
Imports of camping goods into Australia experienced a similar downturn in 2024, decreasing by 18.7% to 16K tons. China emerged as the largest supplier, accounting for 83% of total imports, showcasing its dominance in the Australian camping equipment market. Despite fluctuations in import volumes, the overall trend displayed a perceptible curtailment, signaling potential challenges or evolving trade dynamics.
In terms of import prices, the average stood at $15,045 per ton in 2024, marking a 31% increase from the previous year. Prices varied significantly by product type, with tents of synthetic fibers commanding the highest price. This price growth trend underscores potential shifts in market demand, product preferences, or supply chain dynamics affecting pricing strategies.
Australia’s camping equipment exports witnessed a 31.4% decrease in 2024, totaling 617 tons. Despite this decline, exports showed a mild expansion over the years, with New Zealand being the primary destination for Australian camping goods exports. The export value reduced to $10M in 2024, reflecting noticeable growth in recent years. This suggests opportunities for Australian camping goods in global markets despite temporary setbacks.
Among the main product categories, sailboards, landcraft, or camping goods of textile materials accounted for a significant share of Australian camping equipment exports. The export prices varied by product type, with sails commanding the highest price per ton. This indicates potential market niches or premium product segments driving export value and highlighting areas for strategic focus or product development in the camping goods sector.
Overall, the camping equipment market in Australia presents opportunities for growth and diversification. Understanding consumption patterns, import dynamics, and export trends is crucial for stakeholders in the industry to make informed decisions and capitalize on emerging market prospects. With evolving consumer preferences and global trade dynamics, staying abreast of market trends and leveraging data-driven insights will be key to navigating the competitive landscape and driving business success in the camping goods sector.
