A highly competitive landscape, the global market for camping stoves will witness 40-45% revenue contribution from the top 10 players. As the report sheds light on the competition scenario governing the developmental strategies of market participants, it unfolds how they are strategizing for better market positioning. It suggests that while the frontrunners in camping stoves market continue to prioritize product innovations to gain a differentiating advantages, they are also likely to maintain the focus on upgrading their existing portfolios, and providing free after-sales service for customer engagement. Upgrading the quality and utility of camping stoves is another key factor dictating competition strategies of market participants.
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The camping stoves manufacturers are improving their products with easy ignition, easy cleaning and wind-protection features that are being sought by the customers. The product innovations include stoves with additional satellite burner, and enhanced burner output. Including attractive offers, such as a package of camping products at a discounted price has been a recently popularizing trend among leading companies in the camping stoves industry. The detailed competition analysis of camping stoves market reveals that it is highly fragmented at the bottom, and notably dynamic at the top – operated by the market frontrunners and challengers.
As innovation is the key to elongate the life cycle of the aging products, the manufacturers of camping stoves will be focused on innovations and portfolio transformation in an effort to reach a broader consumer cluster. For instance, BioLite recently launched ‘CampStove 2’, being marketed as an electricity- generating wood camp stove. On burning wood, the rotating fan in it creates a smokeless fire that is suitable in cooking meals, while it turns heat into usable electricity. This camping stove can charge devices such as smartphones which generate 5V of power through an USB output.
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Several manufacturers have also been focusing on developing lightweight camping stove designs so as to enhance their camping compatibility. The market currently also has some models that can be transformed into a water collection and purification device, a search light, a dish antenna, and food heating equipment. Moreover, providers of camping stoves have also started to follow the omni-channel marketing strategies, with an objective to attract a wider consumer base through engagement programs and mobile applications.
The constant surge in the proclivity for
outdoor recreational activities, such as camping, hiking, trekking, and
mountaineering, among others, has led to a tremendous increase in the
demand of related accessories such as camping stoves. Camping stoves
will remain among the top selling camping equipment, after backpacks and
camping tents, and will remain an essential camping equipment for a
large proportion of the customers in the developing countries. The
increase in the number of camping sites as well as surging government
investments in the tourism sector in several countries has further
jolted the demand for camping stoves which is forwarding the camping
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