Market Insights Mobility Travel & Tourism

Camping - Iraq

Iraq

Iraq is projected to witness a substantial growth in revenue in the Camping market, with an estimated amount of US$4.72m by 2024.
Furthermore, the revenue is expected to exhibit a significant annual growth rate (CAGR 2024-2028) of 10.08%, resulting in a projected market volume of US$6.93m by 2028.
The projection indicates that the number of users in the Camping market is expected to increase to 61.72k users by 2028.
In 2024, the user penetration rate is 0.1% and is expected to rise to 0.1% by 2028.
The average revenue per user (ARPU) is projected to reach US$100.40.
Additionally, it is estimated that 57% of the total revenue will be generated through online sales by 2028.
In terms of global comparison, United States is expected to generate the most revenue in the Camping market with a projected amount of US$23,270m in 2024.
Despite the challenging security situation, Iraq's camping market has seen an increase in demand from domestic tourists seeking outdoor experiences within the country's beautiful natural landscapes.

Key regions: Vietnam, India, Germany, Saudi Arabia, United Kingdom

Market

Region

Region comparison

Currency

Analyst Opinion

The Camping market in Iraq has been experiencing notable growth and development in recent years.

Customer preferences: Customers in Iraq are increasingly opting for camping as a recreational activity, driven by a growing interest in outdoor adventures and nature exploration. The younger population, in particular, is showing a keen interest in camping as a way to disconnect from the digital world and reconnect with the environment.

Trends in the market: One of the key trends in the Camping market in Iraq is the rising popularity of eco-friendly and sustainable camping practices. Consumers are becoming more environmentally conscious and are seeking products and services that have minimal impact on the natural surroundings. This trend is influencing the types of camping equipment and facilities being offered in the market.

Local special circumstances: Iraq's unique geography and diverse landscapes provide ample opportunities for camping enthusiasts. From the mountains in the north to the deserts in the west, Iraq offers a wide range of camping experiences for both locals and tourists. The rich cultural heritage and historical sites also attract campers looking to combine outdoor adventures with cultural exploration.

Underlying macroeconomic factors: The improving security situation in Iraq is playing a significant role in the growth of the Camping market. As stability increases, more people feel comfortable exploring the country's natural beauty and engaging in outdoor activities like camping. Additionally, the government's efforts to promote tourism and leisure activities are creating a favorable environment for the camping industry to thrive.

Methodology

Data coverage:

Data refers to enterprises (B2C). Figures are based on camping nights, prices, average length of stay, and camping frequencies.

Modeling approach:

We use industry associations, UNWTO data, the Statista Consumer Insights survey, and pricing data of websites to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as tourism GDP, share of internet users, and demographic data.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the market. For the camping market, Holt-Winters forecast, ARIMA, and Bayesian Ridge regression were used. The main drivers are the tourism GDP per capita and the share of internet users.

Additional notes: :

Data is modeled using current exchange rates. The market is updated twice per year in case market dynamics change.