Press release
Hammock Market Projected to Acquire $639.8 Million by 2030, Strong Growth at 5.8% CAGR
Hammock Market
๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/request-sample/12861
The hammock market is primarily driven by the popularity of outdoor activities among people all around the world. The hammock market growth is positively influenced by travel and recreation industry. Furthermore, increased investment by professional hikers and video loggers on quality gear also drives the market growth.
In addition, consumers are now becoming more health conscious due to work-related stress and lifestyle disorders. As a result, working individuals opt for fitness regimes such as hiking and adventure tourism to remain healthy, and active in daily life. A large number of individuals are investing their time in performing hiking activities to keep themselves fit and healthy. This has created high demand for hiking gear including hammocks among all age groups, thereby, fostering the market growth.
Sleeping in hammocks can have several health benefits for the body. It can lead to a better sleep and can help relieve insomnia and back pain. Hammocks will move the body naturally into the best position for sleeping and hold the body in the same position. Furthermore, the users head is slightly elevated above their body, which is perfect for a restful sleep. It also helps the user fall asleep faster, a reason for which is the swaying of the hammock. Sleeping on hammocks also alleviates pressure from the back and shoulders, which also reduces pain in those areas and helps in sleeping more peacefully. While camping or in the house, sleeping on hammocks can help stay away from bugs and insects, especially inside the house, it can help reduce dust mites. These health benefits associated with hammocks are expected to provide lucrative opportunities for the market expansion.
The global report is studied on the basis of type, material, sales channel and region. By type, the global market is bifurcated into spreader bar and conventional hammocks. By material, the market is studied across cotton, polypropylene, and others. By sales channel, the market is segmented into offline channel and online channels.
๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐ง๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/checkout-final/fafb13586913672c99a61ba51f5c5895
Region wise, the hammock market is studied across North America, Europe, Asia-Pacific, and LAMEA. North America leads in terms of market share for 2020, however, Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. Increase in recreational activities like trekking, hiking, tourism, and camping to augment the market growth in the Asia-pacific region.
Some of the major players profiled for in the hammock market analysis include Danlong Hammcoks, Eagles Nest Outfitters, Golden Eagle Outdoor, Grand Trunk, Inca Hammocks, La Siesta, Lawson Hammock Company, Liaoning LuckyJohnny Trading Co., Ltd, The Hammock Source, and Wise Owl Outfitters. Other prominent players analyzed in the market report are Bliss Hammocks, KW Hammock, Lazy Daze Hammocks, Foxelli, Mad Grit, Avion Gear, Hammock Sky, and Newdora.
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐๐ก๐ ๐๐ญ๐ฎ๐๐ฒ:
โ Region wise, North America dominates in terms of hammock market share, however Asia-Pacific region is anticipated to grow with highest CAGR during the forecast period.
โ Depending on type, the conventional hammock segment led in terms of market share in 2020, and is poised to grow with robust CAGR in the upcoming years.
โ On the basis of material, the Polypropylene segment accounted for around three-forth share of the market in 2020 and is likely to dominate the global market during the forecast period.
โ As per sales channel, offline channels segment leads in terms of market share of the global hammock market; however, online channels segment is expected to gain some market share by the end of forecast period.
โ Innovation like rain tarps and bug nets used along with hammocks to aid hammocks market is gaining traction.
๐๐๐๐ฌ๐จ๐ง ๐ญ๐จ ๐๐ฎ๐ฒ ๐๐๐ฆ๐ฆ๐จ๐๐ค ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
โ Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global Hammock market.
โ Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
โ The key findings and recommendations highlight crucial progressive industry trends in the Hammock Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
โ Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
โ Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth to a certain extent.
โ Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/hammock-market-A12496
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ "๐๐๐ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
โ Ecotourism Market Revenue To Register Robust Growth Rate During 2027
https://www.alliedmarketresearch.com/eco-tourism-market-A06364
โ Sustainable Tourism Market Opportunities and Forecast Assessment, 2021-2030
https://www.alliedmarketresearch.com/sustainable-tourism-market-A06549
โ Wellness Tourism Market is projected to reach $1,592.6 billion by 20301
https://www.alliedmarketresearch.com/wellness-tourism-market
โ Leisure Travel Market is projected to reach $1,737.3 billion by 2027
https://www.alliedmarketresearch.com/leisure-travel-market
โ Driving Vacation Market is projected to reach $513.3 billion by 2031
https://www.alliedmarketresearch.com/driving-vacation-market-A17517
โ Travel Risk Management Services Market is projected to reach $223.62 billion by 2031
https://www.alliedmarketresearch.com/travel-risk-management-services-market-A06585
โ Virtual Tour Market is projected to reach $6.5 billion by 2030
https://www.alliedmarketresearch.com/virtual-tour-market-A15786
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