Outdoor Adventure Gear Rental Market is Projected to be USD 31.93 Billion by 2034; Expansion of the Tourism Industry Boosts the Market Growth

Published Date: December 2024

Outdoor adventure gear rental market has expanded dramatically as more people engage in outdoor activities, such as hiking, camping, skiing, and mountaineering. The target market meets the needs of explorers by providing them with access to high-quality gear and equipment without requiring ownership.

Outdoor Adventure Gear Rental Market Segmentation Analysis:

By Type

Tent, Sleeping Bag, Cooking Utensils, Lighting Device, Hiking Shoes, Backpack, and Others

By Application

Individual  and Enterprise

By Distribution Channel

Online and Offline

Outdoor Adventure Gear Rental Market Report Highlights:

  • The outdoor adventure gear rental market size accounted for USD 17.75 Billion in 2024
  • Target Market is estimated to be USD 31.93 Billion by 2034 and to register a CAGR of 6.7%
  • Based on Type, the Outdoor Adventure Gear Rental Market is rapidly boosting in the tent segment.
  • According to the application, the individual segment holds a large market share in the Outdoor Adventure Gear Rental industry.
  • Online segment is anticipated to hold the largest share of the outdoor adventure gear rental market based on the distribution channels.
  • By region, the outdoor adventure gear rental market is expected to expand rapidly in the North American region.

Outdoor Adventure Gear Rental Market Dynamics:

Growing Factor

Challenge Factor

Market Trend

Rising Popularity of Outdoor Activities

Logistics and Handling Challenges

Growth of Online Rental Platforms

Outdoor Adventure Gear Rental Market Key Highlights:

  • In January 2024, Decathlon expanded its gear rental service to include tents. Consisting of Decathlon camping and trekking tents, there is a decent range of options starting at very affordable prices.  A tent rental from Decathlon comes in eleven models. These include the huge inflatable six-person Air Seconds 6.3, quick-pitch pop-up variants, and its compact two-person MH100 camping tent. Four lightweight hiking tents for two and three people are also on the list.

Outdoor Adventure Gear Rental Market Report Analysis:

Recommender Systems for Outdoor Adventure Tourism Sports   

Adventure tourism, including sports, such as jogging, climbing, and hiking, is a well-liked and expanding sector of the travel business. Foreign tourists who want to participate in sports while visiting other nations invest in these endeavors. Consequently, numerous software firms began creating artificial intelligence solutions to improve the outdoor adventure experience of travelers.  

Browse 70 market data tables and 45 figures through 190 slides and in-depth TOC on Outdoor Adventure Gear Rental Market, By Type (Tent, Sleeping Bag, Cooking Utensils, Lighting Device, Hiking Shoes, Backpack, and Others), By Application (Individual and Enterprise), By Distribution Channel (Online and Offline), and By Region - Trends, Analysis, and Forecast till 2034”

For more insights into the Outdoor Adventure Gear Rental market and its future trends, visit the link: https://www.prophecymarketinsights.com/market_insight/outdoor-adventure-gear-rental-market-5269

Competitive Landscape of Outdoor Adventure Gear Rental Market:

The prominent players operating in the outdoor adventure gear rental market include OutdoorsGeek, Arrive Outdoors, Low Gear Outdoors, Iceland Camping Equipment, Recreational Equipment, Packlist, Rent-a-Tent, Last Minute Gear, Mountain Side Gear Rental, Overnight Adventures, Outdoorhire, Exclusive Sport Rentals, Basecamp, Wooded Nomad, Pitch A Tent Kauai, The Equipment Library, Effortless Adventure, Ascent Outdoors, and Campfire Ranch.   

Company Name

OutdoorsGeek

Headquarter

Denver, Co

CEO

Corina Marquardt

Employee Count (2024)

25 employees

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