Product Code: CMI7190
The hammock market is estimated to be valued at USD 437.9 Mn in 2024 and is expected to reach USD 628.7 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.3% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 437.9 Mn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
5.30% |
2031 Value Projection: |
US$ 628.7 Mn |
Figure. Hammock Market Share (%), By Region 2024
The global hammock market has been gaining significant traction in the recent years. A hammock is a sling made of fabric, rope, or netting suspended between two anchors either attached to trees or poles used for relaxation. Hammocks have witnessed steady demand from outdoor enthusiasts, campers, and people looking for comfortable alternatives to portable beds and chairs. The rising popularity of nature tourism, camping, and outdoor adventure activities has been a key driver for the hammock market. Developed regions with high outdoor activity participation rates such as North America and Europe dominate the current demand landscape. However, developing Asian countries are emerging as new hotspots presenting lucrative opportunities. Increasing disposable incomes, growing millennial populations, and improving living standards in Asia Pacific will likely stimulate future growth of the hammock market over the coming years.
Market Dynamics:
The global hammock market is expected to grow at a steady pace during the forecast period influenced by various growth drivers, restraints, and opportunities. Rising outdoor activities like camping, hiking, and trekking supported by growing health and wellness trends have been primary growth drivers. The increasing participation of youth in such activities and the emergence of new adventure tourism destinations worldwide are creating sustained demand for lightweight and portable hammocks. However, the availability of alternative outdoor furniture products remains a key challenge. High import duties on hammock raw materials in certain developing countries also hinder widespread adoption. Key market opportunities include growing popularity of outdoor wedding ceremonies and celebrations, surge in resort bookings for glamping experiences, and emergence of innovative multi-functional hammock designs catering to wider applications.
Key Features of the Study:
- This report provides in-depth analysis of the global hammock market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global hammock market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include INCA Hammocks, Macrame Hammock, Amazonas , Wise Owl Outfitters, Avion Gear, Foxelli, The Hammock Expert, REI, Winner Outfitters, Hammock Sky, Grand Trunk, Golden Eagle Outdoor, Eagles Nest Outfitters, Lazy Daze Hammocks, Elevate Hammock Company, The Mexican Hammock Compan, WeDo Hammocks, and Burford Barn Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global hammock market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global hammock market.
Detailed Segmentation-
- By Material:
- Cotton
- Polypropylene
- Others
- By Type:
- Spreader bar
- Conventional
- By Sales Channel:
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- INCA Hammocks
- Macrame Hammock
- Amazonas
- Wise Owl Outfitters
- Avion Gear
- Foxelli
- The Hammock Expert
- REI
- Winner Outfitters
- Hammock Sky
- Grand Trunk
- Golden Eagle Outdoor
- Eagles Nest Outfitters
- Lazy Daze Hammocks
- Elevate Hammock Company
- The Mexican Hammock Compan
- WeDo Hammocks
- Burford Barn Ltd.
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Material
- Market Snippet, By Type
- Market Snippet, By Sales Channel
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions
4. Global Hammock Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Hammock Market
- Impact Analysis
5. Global Hammock Market, By Material, 2019-2031, (US$ Mn)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Cotton
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Mn)
- Segment Trends
- Polypropylene
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Mn)
- Segment Trends
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Mn)
- Segment Trends
6. Global Hammock Market, By Type, 2019-2031, (US$ Mn)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Spreader bar
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Mn)
- Segment Trends
- Conventional
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Mn)
- Segment Trends
7. Global Hammock Market, By Sales Channel, 2019-2031, (US$ Mn)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Offline
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Mn)
- Segment Trends
- Online
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Mn)
- Segment Trends
8. Global Hammock Market, By Region, 2019-2031, (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
- North America
- Introduction
- Market Size and Forecast, By Material, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Sales Channel, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Mn)
- Latin America
- Introduction
- Market Size and Forecast, By Material, 2019 - 2031, (US$ Mn))
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Sales Channel, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Mn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Material, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Sales Channel, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Mn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Material, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Sales Channel, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Mn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Introduction
- Market Size and Forecast, By Material, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Type, 2019 - 2031 (US$ Mn)
- Market Size and Forecast, By Sales Channel, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Mn)
- GCC Countries
- Israel
- Rest of Middle East & Africa
9. Competitive Landscape
- Market Share Analysis
- Company Profiles
- INCA Hammocks
- Company Overview
- Material Portfolio
- Recent Developments/Updates
- Macrame Hammock
- Company Overview
- Material Portfolio
- Recent Developments/Updates
- Amazonas
- Company Overview
- Material Portfolio
- Recent Developments/Updates
- Wise Owl Outfitters
- Company Overview
- Material Portfolio
- Recent Developments/Updates
- Avion Gear
- Company Overview
- Material Portfolio
- Recent Developments/Updates
- Foxelli
- Company Overview
- Material Portfolio
- Recent Developments/Updates
- The Hammock Expert
- Company Overview
- Material Portfolio
- Recent Developments/Updates
- REI
- Company Overview
- Material Portfolio
- Recent Developments/Updates
- Winner Outfitters
- Company Overview
- Material Portfolio
- Recent Developments/Updates
- Hammock Sky
- Company Overview
- Material Portfolio
- Recent Developments/Updates
- Grand Trunk
- Company Overview
- Material Portfolio
- Recent Developments/Updates
- Golden Eagle Outdoor
- Company Overview
- Material Portfolio
- Recent Developments/Updates
- Eagles Nest Outfitters
- Company Overview
- Material Portfolio
- Recent Developments/Updates
- Lazy Daze Hammocks
- Company Overview
- Material Portfolio
- Recent Developments/Updates
- Elevate Hammock Company
- Company Overview
- Material Portfolio
- Recent Developments/Updates
- The Mexican Hammock Compan
- Company Overview
- Material Portfolio
- Recent Developments/Updates
- WeDo Hammocks
- Company Overview
- Material Portfolio
- Recent Developments/Updates
- Burford Barn Ltd.
- Company Overview
- Material Portfolio
- Recent Developments/Updates
10. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
11. Section
- References
- Research Methodology
- About Us and Sales Contact
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