Hammocks Market Facts, Figures and Analytical Insights, 2018 to 2028

Posted by ankush Nikam on January 14th, 2020

Global Hammocks market - A report by Fact.MR

Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Hammocks market. The Hammocks report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth. Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the Hammocks report elaborates the market behavior of each vendor operating in the Hammocks market.

The Hammocks report considers the following years to present the overall market growth:

• Forecast Year: 2018 – 2028

Key findings of the Hammocks market study:

• Regional breakdown of the Hammocks market based on predefined taxonomy.
• Innovative manufacturing processes implemented by Hammocks vendors in detail.
• Region-wise and country-wise fragmentation of the Hammocks market to grasp the revenue, and growth outlook in these areas.
• Changing preferences among consumers across various regions and countries.
• Factors (Positive and Negative) impacting the growth of the global Hammocks market.

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Upswing in Sales with Millennials Hanging Around

According to North American Camping Report (NACR), sponsored by Kampgrounds of America (KOA), popularity of camping has risen across the globe. For instance, around 77 million households in United States have at least one person who camps frequently. 2017 witnessed a 2.6 million increase in camper households considering all ethnicities. Of these, millennials make up for a major portion accounting for more than 40 percent. According to retail experts, hammock sales uptick is driven by millennials who prefer ease of use, portability and convenience. This is expected to auger well for the expansion of the global hammocks market in the coming years.

On the basis of region, the Hammocks market study contains:

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC, S. Africa, N. Africa)

Hammocraft – an Upcoming Trend

Application scope of hammocks has been extended to paddle surfing, wherein hammocks are converted into rafts. Hammocrafts can accommodate five people allowing convenience in floating over water. Manufacturers have been focusing on developing hammocrafts by incorporating new design features and material. Hammocrafts are convenient and easy to carry owing to their light weight. They consists of lightweight aluminum frame that allows ease in paddling. This trend has remarkably proliferated in developed economies such as United States and are now gaining high traction in emerging countries, complementing the growth of the global hammocks market.

Queries addressed in the Hammocks market report:

• Why are the Hammocks market players targeting region for increased product sales?
• What patented technologies are the players utilizing in the global Hammocks market?
• Which regions are displaying the fastest growth in the Hammocks market?
• What are the underlying micro- macroeconomic factors affecting the global Hammocks market?

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