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  • Published On : Oct 2023
  • Code : CMI6406
  • Pages : 140
  • Formats :
      Excel and PDF
  • Industry : Energy

The Camping Power Bank Market size is expected to reach US$ 1,474.7 million by 2030, from US$ 654.7 million in 2023, at a CAGR of 12.3% during the forecast period.

Camping power banks are portable chargers designed specifically for outdoor use during camping, hiking, fishing, and other adventures. They allow users to charge their electronic devices like smartphones, tablets, and cameras when out in nature and away from standard power outlets. Key advantages of camping power banks include their durability, weather resistance, high-capacity batteries, and multiple charging ports.

The growth of the camping power bank market is driven by increasing participation in outdoor recreational activities like camping, hiking, and fishing. Additionally, continuous product innovation leading to advanced features such as solar-charging capabilities, LED flashlights, and compact designs is boosting adoption.

Camping Power Bank Market Regional Insights

  • North America is expected to be the largest market for Camping Power Bank Market during the forecast period, accounting for over 35% of the market share in 2023. The growth of the market in North America is attributed to the high penetration of camping and outdoor recreational activities in the region.
  • The Asia Pacific market is expected to be the second-largest market for Camping Power Bank Market, accounting for over 25% of the market share in 2023. The growth of the market in is attributed to the rising disposable incomes and increasing consumer spending on outdoor leisure products in countries like China, Japan, and India.
  • The Europe market is expected to be the fastest-growing market for Camping Power Bank Market, with a CAGR of over 15% during the forecast period. The growth of the market in Europe is attributed to the growing popularity of camping, hiking, and adventure sports.

Figure 1. Global Camping Power Bank Market Share (%), by Region, 2023

CAMPING POWER BANK MARKET

Camping Power Bank Market Drivers

  • Rising Popularity of Outdoor Recreational Activities: The rising popularity of outdoor recreational activities like camping, hiking, trekking, and fishing is a major factor driving the demand for camping power banks. With more people seeking adventurous trips into nature away from city life, the need for portable power to charge devices like GPS, mobile phones, cameras etc. has increased substantially. Consumer surveys reveal that millennial and gen Z travelers prefer to go camping and backpacking more than prior generations. Their desire to stay connected and capture outdoor experiences is fueling the adoption of rugged, high-capacity power banks designed specifically for the rigors of camping.
  • Product Innovations and Feature Enrichments: Continuous product innovations and enrichments are enhancing the appeal and capabilities of camping power banks. Key innovations include solar charging panels, inbuilt LED flashlights, battery level displays, and multiples ports that allow simultaneous charging of several devices. Manufacturers are integrating modern technologies like fast charging, Type C inputs, and wireless charging to cater to user requirements. Such feature additions coupled with smart designs tailored for outdoor use are propelling market growth.
  • Emphasis on Portability and Compact Designs: There is a growing emphasis by manufacturers on introducing lightweight, compact, and portable power bank designs to specifically cater to campers and hikers. These ultra-compact power banks with high capacity storage can be easily carried in backpacks and are convenient for outdoor trips where space is limited. The minimal weight allows users to carry the power banks without adding much bulk. Market leaders are offering power banks with huge 30,000 mAh capacities in highly portable form factors.
  • Strong Distribution Networks: Major camping power bank vendors are expanding their distribution networks through partnerships with specialty stores, large retail chains, e-commerce platforms, and outdoor gear manufacturers. Having products available both online and offline across diverse retail channels has improved accessibility for customers. Partnerships with outdoor recreational product companies also helps with targeted marketing to camping and adventure enthusiasts. This is expanding the customer reach of top brands.

Camping Power Bank Market Opportunities

  • Untapped Potential in Developing Economies: Emerging economies in Asia, Latin America, Middle East and Africa represent huge untapped potential for the camping power banks market owing to growing disposable incomes, rising consumer spending on outdoor leisure products, and increasing participation in adventure tourism. As camping becomes more popular in these regions, it will create substantial demand for camping power banks catering to the needs of off-grid power while camping. Companies have significant opportunities for growth by entering these untapped markets.
  • Growing Popularity of RV Camping: The rising popularity of RV camping trips as a recreational activity is creating new opportunities. RV campers have need for portable power solutions with large capacities to meet the high power demands of RVs. Leading companies can tap this segment by launching RV-specific power stations and batteries to enable off-grid power access during RV camping excursions. Market education will also play a key role.
  • Strategic Partnerships: There are growing opportunities for camping power bank companies to enter partnerships with RV manufacturers, outdoor gear brands, specialty retailers, and field equipment suppliers to enhance marketing reach as well as integrate power banks with complementary outdoor products. Such partnerships can be a win-win by enabling access to new customer segments and also improving product utility.
  • Sustainable and Eco-Friendly Solutions: With consumers becoming more eco-conscious, there is an increasing demand for sustainable and eco-friendly camping power banks utilizing renewable energy sources and biodegradable materials. Companies can differentiate by offering solar-powered banks made with recycled materials and innovative biodegradable designs. This creates goodwill with sustainability-focused millennial and gen Z buyers.

Camping Power Bank Market Report Coverage

Report Coverage Details
Base Year: 2022 Market Size in 2023: US$ 654.7 Mn
Historical Data for: 2018 to 2021 Forecast Period: 2023 - 2030
Forecast Period 2023 to 2030 CAGR: 12.3% 2030 Value Projection: US$ 1,474.7 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East & Africa:  GCC Countries, Israel,  South Africa, North Africa, and Central Africa and Rest of Middle East
Segments covered:
  • By Product Type: Lithium Ion, Lithium Polymer, Lead Acid, Flow Battery, Others
  • By Capacity: 1,000 mAh to 25,000 mAh, 25,001 mAh to 50,000 mAh, 50,001 mAh to 80,000 mAh, 80,001 mAh to 100,000 mAh, Above 100,000 mAh, Others
  • By Number of Output Ports: Up to 2, 3 to 4, Above 4, Others
  • By End Use Application: Camping, Hiking, Fishing, Hunting, Surfing, Others
  • By Distribution Channel: Online, Company Owned Website, E-commerce Portal, Offline, Sporting Goods Stores, Specialty Stores, Others
Companies covered:

Anker, Duracell, EcoFlow, Goal Zero, Jackery, MAXOAK, NEXPON, Omnicharge, ORYTO, OUTXE, Pisen, RavPower, Rockpals, Samsung, Suaoki, X-DRAGON, Zendure, RIVER, Crave, Intova

Growth Drivers:
  • Increasing camping and outdoor recreational activities
  • Product innovations and portfolio extension leading to product premiumization
  • Emphasis on product miniaturization and portability
  • Rising disposable income and living standards
Restraints & Challenges:
  • Growing competition from portable solar panels and solar chargers
  • Volatility in raw material prices adding pressure on profit margins
  • Limitations in the energy density capabilities of existing battery technologies
  • Stringent regulations on lithium-ion batteries due to potential fire hazards

Camping Power Bank Market Trends

  • Advances in Battery Technology: Ongoing advances in lithium-ion, sodium-ion, and graphene battery technology are enabling camping power banks with higher energy density, faster recharging capabilities, and improved stability. The emerging battery chemistries provide opportunities to overcome limitations of existing Li-ion batteries in terms of safety, performance, and environmental impact. Camping power bank manufacturers are investing in R&D around new battery technologies to integrate into their future product designs.
  • Integration with Solar Charging: Integrated solar charging is a key emerging trend in the market. Consumers prefer power banks with built-in solar panels or the ability to attach portable solar chargers. The sun’s energy allows endless recharging during camping trips for unlimited access to power off-grid. Leading brands are offering baking power stations with huge battery capacities that can be recharged faster using companion solar panels.
  • Smart Designs and Advanced Features: Manufacturers are incorporating smart designs and advanced features into new product launches targeted at campers and outdoor enthusiasts. These include handy LED flashlights, battery level displays, auto power cut-off, weather-resistant casings, compasses, and multiple charging ports. Convenience and performance enhancing features tailored for outdoor trips are key differentiators helping brands attract customers.
  • Premium Branded Products: Premium branded camping power banks are an emerging trend, driven by brands like Anker, GoalZero, Jackery, and others. These products command higher prices owing to better quality, after-sales service, product warranties, and brand reputation. The premium segment adoption is rising with higher disposable incomes and willingness to pay more for product reliability during outdoor trips lacking charging infrastructure.

Camping Power Bank Market Restraints

  • High Costs and Limited Applications: A key factor restraining wider adoption of camping power banks is their relatively high costs compared to regular power banks. Their niche outdoor application scope also limits overall market size. Mainstream consumers may be reluctant to pay premium prices for a product they will use occasionally only during outdoor trips and camping. Bringing down costs can help tap the mass market.
  • Heavy Weights and Bulkiness: The weights and bulkiness of high-capacity camping power banks makes them inconvenient for applications like long multi-day treks and mountain hikes where minimizing pack weight is critical. The market needs more innovation focused on reducing weights through material technology while maintaining capacities. Excess bulk hinders easy portability during strenuous outdoor trips.
  • Slow Recharge Times: While power outputs and battery capacities have increased substantially, recharging camping power banks can still take fairly long and this hinders user convenience. Faster recharge technologies need to be incorporated so charging can be done within reasonable timeframes. Quick recharge capability allows multiple uses during trips and improves overall utility.

Recent Developments

New product launches

  • In January 2022, Anker announced the launch of its new 767 PowerHouse power station with an impressive 1229Wh capacity for off-grid power during camping trips.
  • In March 2021, EcoFlow launched the DELTA Max portable power station with a massive 2016Wh capacity and fast charging capabilities to rapidly charge devices.
  • In August 2020, Jackery announced the launch of its new Explorer 1000 portable power station designed for van life and outdoor adventures with 1002Wh capacity.

Acquisition and partnerships

  • In September 2022, EcoFlow partnered with home improvement retailer Lowe’s to expand the availability of its portable power solutions.
  • In June 2021, Bluetti acquired battery technology company XTAR to enhance its LiFePO4 battery designs for improved safety and performance.
  • In April 2020, Goal Zero was acquired by outdoor gear giant Yeti Holdings to accelerate growth in portable solar power solutions.

Figure 2. Global Camping Power Bank Market Share (%), by End-use Application, 2023

CAMPING POWER BANK MARKET

Top companies in Camping Power Bank Market

  • Anker
  • Duracell
  • EcoFlow
  • Goal Zero
  • Jackery
  • MAXOAK
  • NEXPON
  • Omnicharge
  • ORYTO
  • OUTXE
  • Pisen
  • RavPower
  • Rockpals
  • Samsung
  • Suaoki
  • X-DRAGON
  • Zendure
  • RIVER
  • Crave
  • Intova

Definition of Camping Power Bank Market: The camping power bank market refers to the industry and companies involved in manufacturing, marketing, and selling portable battery packs, solar chargers, and plug-in power stations designed specifically for outdoor recreational activities like camping, hiking, fishing, hunting, and more. These rechargeable power devices allow users to charge phones, cameras, GPS devices, and other electronics when off the grid and outdoors over multiple days. Key offerings include rugged, waterproof designs optimized for travel and outdoor use. The market is driven by growing consumer demand for portable power solutions for uninterrupted access to devices when camping and partaking in adventures off-grid. Leading vendors compete on battery capacity, durability, charging speed, weight, and innovative features tailored for campers and outdoor enthusiasts.

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Frequently Asked Questions

Key drivers are increasing camping/adventure trips, need for portable power during outdoor activities, product innovations, growing consumer spending on outdoor recreational gear, and demand for compact and lightweight power banks.

The camping power bank market is projected to grow at a CAGR of around 12.3% from 2023 to 2030.

North America is expected to continue leading the global camping power bank market during the forecast period.

Anker, Duracell, EcoFlow, Goal Zero, Jackery, MAXOAK, NEXPON, Omnicharge, ORYTO, OUTXE, Pisen, RavPower, Rockpals, Samsung, Suaoki, X-DRAGON, and Zendure.

The lithium ion batteries segment leads the market owing to their high energy density, low self-discharge, and light weight.

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