Hammock Market: Global Industry Analysis and Forecast (2024-2030)

  • The Hammock Market size was valued at USD 4.5 Million in 2023 and the total Global Hammock revenue is expected to grow at a CAGR of 5.6 % from 2024 to 2030, reaching nearly USD 6.59 Million by 2030.

  • Format : PDF | Report ID : SMR_1820

Hammock Market Overview

Hammocks are sling beds or swings made from fabric or rope netted, which are suspended between at least two endpoints such as rods or trees, and are used for resting or sleeping. The hammock market provides to a diverse range of consumers, from outdoor enthusiasts to those seeking relaxation in their backyard. Popular among hikers and campers due to their ease of setup and adaptability to uneven terrain, hammocks offer a practical alternative to traditional tents. To enhance the hammock experience, there are several accessories available in the market. Some popular ones include hammock straps for easy and secure attachment, mosquito nets to keep bugs away, rain tarps for protection during rainy weather, and under quilts for insulation in colder temperatures. These accessories greatly improve comfort and convenience while using a hammock. Their lightweight and portable nature makes them ideal for outdoor adventures.

 

Hammocks are increasingly embraced as symbols of leisure, with many individuals incorporating them into their backyard or porch setups for summer relaxation.  This versatility, combined with their comfort and ease of use, has accelerated the Hammock Market growth. As demand continues to rise, manufacturers are innovating with new materials and designs to meet the varied needs of consumers, ensuring the market's continued growth.

 

Hammock Market Methodology :

Stellar Market Research recently released a report analyzing Hammock Market trends to forecast its growth. The report provides detailed insights into five key aspects: size, share, scope, growth, and industry potential. It offers valuable information for businesses to identify opportunities and potential risks in the market. The report ensures a thorough analysis, covering market overview, segmentation, current and future growth, competitive landscape, and other important insights within the forecast period. The research objective is to deeply analyze the Hammock market based on Material, Type, Sales Channel, and region. It also provides comprehensive data on factors influencing the market and evaluates competition through mergers, expansions, product launches, and technological advancements.

 

Key players play a vital role in driving innovation in the industry, emphasizing the need for targeted strategies to meet changing consumer demands. Through quantitative research methods, the report offers statistical data on the effectiveness of Hammocks and their impact on market trends. Competitive intelligence analysis helps understand market dynamics, competitor strategies, and customer perceptions, empowering market players to gain a competitive edge in the global Hammock market.

 

Hammock Market

 

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Hammock Market Dynamics

Outdoor Recreation Trend To Drive The Hammock Market Growth

 

The Hammock Market is experiencing a significant boost due to the increasing popularity of outdoor activities for leisure and relaxation. People are seeking comfortable and portable seating options, such as hammocks, for various outdoor experiences such as camping, hiking, picnicking, or just relaxing in their backyard. There are different types of hammocks available to meet different preferences and needs.

 

  • For instance, traditional rope hammocks offer a classic and rustic feel, while parachute hammocks are lightweight and easy to carry for outdoor adventures. Also, hammock chairs and hammock tents provide alternative seating and sleeping options for enhanced comfort and flexibility.

 

The growing trend of outdoor adventure sports and activities has boosted the demand for compact and versatile gear, making hammocks a favored choice among outdoor enthusiasts. Their lightweight design and easy setup make them perfect for backpackers and travelers seeking to optimize space and comfort during their trips. With the increase in urbanization and limited outdoor space, hammocks offer a convenient solution for city dwellers longing for a connection to nature. They effortlessly hung on balconies, in parks, and even indoors, providing a peaceful escape from the urban hustle and bustle.

 

Hammock Market2

 

Demand for hammocks tends to fluctuate with changing seasons restraining the Hammock Market Growth

 

Changes in weather and outdoor activities influence the demand for hammocks throughout the year. In warmer seasons such as spring and summer, when more people engage in outdoor activities such as camping and picnicking, the demand for hammocks rises. This factor significantly limits the Hammock Market growth.

 

  • According to the SMR Study Report outdoor activities in the United States increase by 25% during warmer months compared to colder ones, directly impacting hammock sales. The desire for comfort and relaxation in nature drives this demand.

 

As temperatures drop during colder seasons, outdoor activities become less popular, leading to a decrease in hammock sales. Also, the holiday seasons and vacation trends further affect consumer spending patterns, contributing to seasonal fluctuations in demand. Therefore, businesses in the Hammock Market face challenges in maintaining consistent sales throughout the year and must devise strategic plans to navigate these seasonal variations and sustain Hammock industry growth.

 

Innovative Designs of Hammocks create lucrative growth opportunities for the growth of Hammock Market

 

Innovative hammock designs help hammock companies grow because they meet what customers want. For example, using light and strong materials makes hammocks easy to carry, which people who love the outdoors like. Some new designs have nets to keep bugs away, straps that are easy to adjust, and pockets for storing things. These features make hammocks more useful and appealing to more people.

 

Making hammocks in different colors and offering extra things to go with them makes customers such as the brand more and buy again. Using eco-friendly materials also attracts environment-friendly customers. Making hammocks for indoor use helps companies sell to people who live in cities. Working with stores that sell outdoor gear and people who are famous online helps more people find out about the brand. Advising on relaxing or outdoor activities helps the brand seem such an expert, which makes people trust and buy from them more. So, by coming up with new ideas, hammock companies stand out in a crowded Hammock Market

 

Hammock Market: Segment Analysis

Based On Type, The woven segment dominated the type sub-segment of the Hammock Market in the year 2023. The woven hammocks offer a blend of durability and comfort, making them highly appealing to consumers seeking long-lasting relaxation solutions. Their sturdy construction, often utilizing materials like cotton or polyester, ensures resilience against wear and tear, enhancing their lifespan.

 

Woven hammocks come in a variety of designs and colors, catering to diverse aesthetic preferences. Also, their versatility makes them suitable for both indoor and outdoor use, boosting their market appeal. The artisanal craftsmanship involved in weaving adds a touch of authenticity and uniqueness, fostering emotional connections with buyers. This combination of durability, aesthetic appeal, versatility, and artisanal charm has boosted the woven segment to dominance within the Hammock Market type sub-segment, capturing the interest and loyalty of consumers across the world.

 

Hammock Market3

 

Hammock Market Regional Analysis

Asia Pacific Region dominated the Hammock Market in the year 2023. The region's vast and diverse landscapes provide abundant opportunities for outdoor activities, making hammocks a popular choice for leisure and camping. Also, the warm climate in many areas encourages outdoor recreation year-round, boosting the demand for hammocks. Lower manufacturing costs in countries like China and Vietnam enable manufacturers to produce hammocks at competitive prices, appealing to budget-conscious consumers globally. This cost advantage has positioned Asian manufacturers as major suppliers to both domestic and international markets, contributing to the region's dominance in the industry.

 

The growing popularity of eco-tourism and sustainable outdoor practices has led to an increasing demand for eco-friendly hammocks made from natural and recycled materials. Asian manufacturers have capitalized on this trend by adopting sustainable production practices and offering environmentally friendly hammock options, further enhancing their competitiveness in the  Hammock market.

 

Hammock Market4

 

Hammock Market Competitive Landscape

The hammock market is highly competitive. The numerous key players dominated the hammock market. At the forefront of innovation, brands like Kammok prioritize eco-consciousness with Bluesign-approved materials and offer hammocks such as the Mantis, featuring pullouts for bug netting and tie-outs for diagonal lay. High-end manufacturers such as Warbonnet and Dutchware focus on premium comfort and customization, exemplified by hammocks like the Blackbird XLC and Chameleon, which boast numerous configurations and modular accessories. Premium bridge hammocks from Ridgerunner and Banyan promise a luxurious sleeping experience akin to being in a cabin, appealing to consumers seeking ultimate comfort outdoors.

 

Hammock Gear, ENO Kootek targets customers valuing quality and durability with their American-made leisure and travel hammocks. Remains a trusted brand, despite some comfort concerns, particularly renowned for its model. For budget-conscious consumers, the companies offer lightweight and portable camping hammocks, while Vivere specializes in traditional Brazilian-style double hammocks and stands, appealing to those seeking classic comfort and style The, manufacturers differentiate themselves through unique features, customization options, and targeted marketing to capture distinct segments of the market.

 

Hammock Market Scope

Market Size in 2023

USD 3.49Bn.

Market Size in 2030

USD 4.35Bn.

CAGR (2024-2030)

4.8%

Historic Data

2018-2022

Base Year

2023

Forecast Period

2024-2030

Segment Analysis

By Type

  • Rope
  • Woven
  • Camping
  • Mayan
  • Hammock Chair
  • Others

By Material

  • Fabric
  • Plastic
  • Leather
  • Others

By Sales Channel

  • Offline Channels
  • Online Channels

Regional Scope

North America- United States, Canada, and Mexico

Europe – UK, France, Germany, Italy, Spain, Sweden, Russia, and Rest of Europe

Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC

Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa

South America – Brazil, Argentina, Rest of South America

 

Key Players in the Hammock Market

  1. ENO (Asheville, North Carolina, USA)
  2. Grand Trunk (Chicago, Illinois, USA)
  3. Kammok (Austin, Texas, USA)
  4. Wise Owl Outfitters (Knoxville, Tennessee, USA)
  5. Ticket to the Moon (Bali, Indonesia)
  6. Hennessy Hammock (Ketchum, Idaho, USA)
  7. Yukon Outfitters (Nashville, Tennessee, USA)
  8. Eagles Nest Outfitters (Asheville, North Carolina, USA)
  9. Vivere (Mississauga, Ontario, Canada)
  10. Bear Butt (San Diego, California, USA)
  11. Trek Light Gear (Boulder, Colorado, USA)
  12. Hammock Bliss (Fairview, North Carolina, USA)
  13. Lawson Hammock (Raleigh, North Carolina, USA)
  14. Serac Hammocks (San Francisco, California, USA)
  15. Go! Hammock (Guangzhou, China)
  16. Therm-a-Rest (Seattle, Washington, USA)
  17. Tentsile (London, United Kingdom)
  18. REI Co-op (Kent, Washington, USA)
  19. AmazonBasics (Seattle, Washington, USA)
  20. Novica (Los Angeles, California, USA)


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Frequently Asked Questions

Increasing Demand for Eco-Friendly and Sustainable Hammocks.There is a growing trend towards environmentally sustainable and eco-friendly hammock products, as consumers become more conscious of their environmental impact.

1.    Research Methodology
1.1    Research Data 
1.1.1.    Primary Data
1.1.2.    Secondary Data

1.2.    Market Size Estimation
1.2.1.    Bottom-Up Approach
1.2.2.    Top-Down Approach

1.3.    Market Breakdown and Data Triangulation
1.4.    Research Assumption 
2.    Hammock Market Executive Summary
2.1.    Market Overview
2.2.    Market Size (2023) and Forecast (2024 – 2030) and Y-O-Y%
2.3.    Market Size (USD) and Market Share (%) – By Segments and Regions
3.    Global Hammock Market: Competitive Landscape
3.1.    SMR Competition Matrix
3.2.    Key Players Benchmarking
3.2.1.    Company Name
3.2.2.    Headquarter
3.2.3.    Product Segment
3.2.4.    End-user Segment
3.2.5.    Y-O-Y%
3.2.6.    Revenue (2023)
3.2.7.    Profit Margin
3.2.8.    Market Share
3.2.9.    Company Locations

3.3.    Market Structure
3.3.1.    Market Leaders 
3.3.2.    Market Followers
3.3.3.    Emerging Players

3.4.    Consolidation of the Market
3.4.1.    Strategic Initiatives and Developments
3.4.2.    Mergers and Acquisitions
3.4.3.    Collaborations and Partnerships
3.4.4.    Product Launches and Innovations

4.    Hammock Market: Dynamics
4.1.    Hammock Market Trends by Region
4.1.1.    North America
4.1.2.    Europe 
4.1.3.    Asia Pacific 
4.1.4.    Middle East and Africa
4.1.5.    South America

4.2.    Hammock Market Drivers
4.3.    Hammock Market Restraints 
4.4.    Hammock Market Opportunities
4.5.    Hammock Market Challenges
4.6.    PORTER’s Five Forces Analysis
4.6.1.    Intensity of the Rivalry 
4.6.2.    Threat of New Entrants
4.6.3.    Bargaining Power of Suppliers
4.6.4.    Bargaining Power of Buyers 
4.6.5.    Threat of Substitutes 

4.7.    PESTLE Analysis
4.7.1.    Political Factors
4.7.2.    Economic Factors
4.7.3.    Social Factors
4.7.4.    Technological Factor
4.7.5.    Legal Factors
4.7.6.    Environmental Factors

4.8.    Technological Roadmap
4.9.    Value Chain Analysis 
4.10.    Regulatory Landscape by Region
4.10.1.    North America
4.10.2.    Europe
4.10.3.    Asia Pacific 
4.10.4.    Middle East and Africa
4.10.5.    South America

5.    Hammock Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
5.1.    Hammock Market Size and Forecast, by Type (2023-2030)
5.1.1.    Rope
5.1.2.    Woven
5.1.3.    Camping
5.1.4.    Mayan
5.1.5.    Hammock Chair
5.1.6.    Others

5.2.    Hammock Market Size and Forecast, by Material (2023-2030)
5.2.1.    Fabric
5.2.2.    Plastic
5.2.3.    Leather
5.2.4.    Others

5.3.    Hammock Market Size and Forecast, by Sales Channel (2023-2030)
5.3.1.    Offline Channels
5.3.2.    Online Channels

5.4.    Hammock Market Size and Forecast, by Region (2023-2030)
5.4.1.    North America
5.4.2.    Europe
5.4.3.    Asia Pacific 
5.4.4.    Middle East and Africa
5.4.5.    South America

6.    North America Hammock Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
6.1.    North America Hammock Market Size and Forecast, by Type (2023-2030)
6.1.1.    Rope
6.1.2.    Woven
6.1.3.    Camping
6.1.4.    Mayan
6.1.5.    Hammock Chair
6.1.6.    Others

6.2.    North America Hammock Market Size and Forecast, by Material (2023-2030)
6.2.1.    Fabric
6.2.2.    Plastic
6.2.3.    Leather
6.2.4.    Others

6.3.    North America Hammock Market Size and Forecast, by Sales Channel (2023-2030)
6.3.1.    Offline Channels
6.3.2.    Online Channels

6.4.    North America Hammock Market Size and Forecast, by Country (2023-2030)
6.4.1.    United States
6.4.2.    Canada
6.4.3.    Mexico 

7.    Europe Hammock Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
7.1.    Europe Hammock Market Size and Forecast, by Type (2023-2030)
7.2.    Europe Hammock Market Size and Forecast, by Material (2023-2030)
7.3.    Europe Hammock Market Size and Forecast, by Sales Channel (2023-2030)
7.4.    Europe Hammock Market Size and Forecast, by Country (2023-2030)
7.4.1.    United Kingdom
7.4.2.    France
7.4.3.    Germany
7.4.4.    Italy
7.4.5.    Spain
7.4.6.    Sweden
7.4.7.    Austria
7.4.8.    Rest of Europe

8.    Asia Pacific Hammock Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
8.1.    Asia Pacific Hammock Market Size and Forecast, by Type (2023-2030)
8.2.    Asia Pacific Hammock Market Size and Forecast, by Material (2023-2030)
8.3.    Asia Pacific Hammock Market Size and Forecast, by Sales Channel (2023-2030)
8.4.    Asia Pacific Hammock Market Size and Forecast, by Country (2023-2030)
8.4.1.    China
8.4.2.    S Korea
8.4.3.    Japan
8.4.4.    India
8.4.5.    Australia
8.4.6.    Indonesia
8.4.7.    Malaysia
8.4.8.    Vietnam
8.4.9.    Taiwan
8.4.10.    Rest of Asia Pacific

9.    Middle East and Africa Hammock Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
9.1.    Middle East and Africa Hammock Market Size and Forecast, by Type (2023-2030)
9.2.    Middle East and Africa Hammock Market Size and Forecast, by Material (2023-2030)
9.3.    Middle East and Africa Hammock Market Size and Forecast, by Sales Channel (2023-2030)
9.4.    Middle East and Africa Hammock Market Size and Forecast, by Country (2023-2030)
9.4.1.    South Africa
9.4.2.    GCC
9.4.3.    Nigeria
9.4.4.    Rest of ME&A

10.    South America Hammock Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
10.1.    South America Hammock Market Size and Forecast, by Type (2023-2030)
10.2.    South America Hammock Market Size and Forecast, by Material (2023-2030)
10.3.    South America Hammock Market Size and Forecast, by Sales Channel (2023-2030)
10.4.    South America Hammock Market Size and Forecast, by Country (2023-2030)
10.4.1.    Brazil
10.4.2.    Argentina
10.4.3.    Rest Of South America

11.    Company Profile: Key Players
11.1.    ENO (Asheville, North Carolina, USA)
11.1.1.    Company Overview
11.1.2.    Product Portfolio
11.1.2.1.    Product Name
11.1.2.2.    Product Details (Price, Features, etc.)
11.1.3.    Financial Overview
11.1.3.1.    Total Revenue
11.1.3.2.    Segment Revenue
11.1.3.3.    Regional Revenue
11.1.4.    SWOT Analysis
11.1.5.    Strategic Analysis
11.1.6.    Recent Developments

11.2.    Grand Trunk (Chicago, Illinois, USA)
11.3.    Kammok (Austin, Texas, USA)
11.4.    Wise Owl Outfitters (Knoxville, Tennessee, USA)
11.5.    Ticket to the Moon (Bali, Indonesia)
11.6.    Hennessy Hammock (Ketchum, Idaho, USA)
11.7.    Yukon Outfitters (Nashville, Tennessee, USA)
11.8.    Eagles Nest Outfitters (Asheville, North Carolina, USA)
11.9.    Vivere (Mississauga, Ontario, Canada)
11.10.    Bear Butt (San Diego, California, USA)
11.11.    Trek Light Gear (Boulder, Colorado, USA)
11.12.    Hammock Bliss (Fairview, North Carolina, USA)
11.13.    Lawson Hammock (Raleigh, North Carolina, USA)
11.14.    Serac Hammocks (San Francisco, California, USA)
11.15.    Go! Hammock (Guangzhou, China)
11.16.    Therm-a-Rest (Seattle, Washington, USA)
11.17.    Tentsile (London, United Kingdom)
11.18.    REI Co-op (Kent, Washington, USA)
11.19.    AmazonBasics (Seattle, Washington, USA)
11.20.    Novica (Los Angeles, California, USA)
12.    Key Findings 
13.    Analyst Recommendations

13.1.    Strategic Recommendations 
13.2.    Future Outlook

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