The Hammocks Market is being driven by Increasing participation in outdoor recreational activities
The Hammocks Market is expected to grow at a CAGR of 26.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 2180.2 million. In the leisure market, comfort is a key factor in determining user satisfaction. To enhance the experience, vendors prioritize the design, portability, and multi-functionality of their products. Hammocks, as a popular leisure item, are engineered to cater to various uses, including outdoor vacations and recreational activities. Global vendors offer a range of hammock options, such as the PNAEUT double hammock with a steel stand, which can comfortably accommodate up to two individuals with a weight capacity of 450 pounds. Additionally, PNAEUT has introduced a bean bag hammock, providing consumers with diverse choices to suit their preferences.
Get more information on Hammocks Market by requesting a sample report
The market is segmented based on segments_for_ai.nslist
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
Rich Experience: 20+ years leading global market research, trusted insights across industries.
Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.
Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.
Market Scope |
|
Report Coverage |
Details |
Page number |
209 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 26.3% |
Market growth 2025-2029 |
USD 2180.2 million |
Market structure |
Fragmented |
YoY growth 2024-2025(%) |
19.3 |
Key countries |
US, UK, Germany, China, Canada, Japan, India, UAE, Brazil, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Hammocks Market encompasses various types of hammocks, including those made from Polypropylene, Canvas, and Parachutised Silks. With rapid urbanization, there is a growing demand for premium hammocks as home decors and furnishings, transforming patios and gardens into serene retreats. Durable, comfortable, tear-resistant, breathable, and water-resistant hammocks are preferred for their versatility, suitable for both favorable and unfavorable weather conditions. Lightweight alternatives offer a sleeping option for backpackers and wilderness adventurers, while homeowners and real estate sectors capitalize on their appeal as outdoor leisure accessories. Hammocks provide a perfect setting for lounging, reading, and relaxing in backyards and gardens, making them an essential addition to any home.
The Hammocks Market falls under the broader category of Leisure Products in the Global Household Durables Market. Key materials used in hammock production include Polypropylene, Canvas, and Parachutised Silks. Factors fueling market growth include the trend towards luxury hammocks and the impact of rapid urbanization. The leisure products sector, which also includes sports equipment, musical instruments, and recreational vehicles, is a significant contributor to the Household Durables Market's combined revenue. Market expansion is driven by the increasing number of health and fitness club memberships, which has seen steady growth in recent years.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Safe and Secure SSL Encrypted