Hammocks Market Report 2024 (Global Edition)

Global Hammocks Market Report 2024 Market Size Split by Product Type (Rope Hammock , Quilted Hammock , Brazilian Hammock , Nicaraguan Hammock, Camping Hammock, Others (Mayan Hammock etc.)), by Appl...

Hammocks Market Report Description

We have various report editions of Hammocks Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Hammocks Market Insights Video

Competitive Landscape of the Hammocks Market

The hammocks market is substantially competitive, with players competing on factors such as product quality, pricing, and distribution channels. Established brands such as Eagles Nest Outfitters and Vivere continue to dominate the market, but emerging players such as Grand Trunk and Kammok are making inroads by offering innovative products and focusing on sustainability and social impact.

Hammocks Industry News:

• 2020, Tentsile launched a new line of hammock tents, which combine the comfort of a hammock with the protection of a tent. The hammock tents are designed for use in remote outdoor settings and can be suspended between trees or other structures.

(Source: www.tentsile.com/)

Top Companies Market Share in Hammocks Industry: (In no particular order of Rank)

• Avion Gear
• Foxelli
• Golden Eagle Outdoor
• Grand Trunk
• Hammock Sky
• Lawson Hammock
• Lazy Daze Hammocks
• Mad Grit. & Genius Flip Inc.
• Winner Outfitters
• Wise Owl Outfitters
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

In terms of revenue, the North America Hammocks Market share was 38% of the total market

According to Cognitive Market Research, North America dominated the market in 2023. It accounted for around 38% of the global revenue, owing to the region's increasing interest in outdoor recreation, eco-friendly products, and innovative designs. North America has a strong e-commerce market, making purchasing hammocks from various manufacturers and retailers easier for consumers. This has increased competition in the market and made it easier for new players to enter the market. Moreover, camping and backpacking have become increasingly popular in North America, particularly among younger consumers. Hammocks are a lightweight and portable alternative to traditional camping gear and are well-suited for use in remote outdoor settings.

Asia Pacific is the fastest-growing category. There is a growing trend of outdoor recreation in the region, with many consumers seeking out comfortable and portable outdoor furniture options such as hammocks. Additionally, there is an increasing interest in eco-friendly products, with hammocks made from sustainable materials becoming more popular.

The current report Scope analyzes Hammocks Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Hammocks Market

According to Cognitive Market Research, North America held the major market of more than 38% of the global revenue with a market size of USD 0.16 billion in 2023 and will grow at a CAGR of 5.0% from 2023 to 2030. North America has a strong e-commerce market, which has made it easier for consumers to purchase hammocks from a wide range of manufacturers and retailers. This has increased competition in the market and made it easier for new players to enter the market. According to Cognitive Market Research, rope hammocks are popular among consumers in North America due to their traditional design and versatile nature. They are typically made from cotton or polyester rope and may feature additional features such as spreader bars to keep the hammock open and prevent it from tipping over. In conclusion, the North American hammocks market is a growing and dynamic segment of the outdoor furniture industry. With increasing interest in outdoor recreation, eco-friendly products, and innovative designs, hammock manufacturers in North America are well-positioned to succeed in the market.

Europe Hammocks Market

According to Cognitive Market Research, with a market value of USD 0.13 billion in 2023 and projected to expand at a CAGR of 5.3% from 2023 to 2030, Europe accounted for the majority of global revenue, accounting for over 32% of the total. Consumers in Europe are increasingly looking for comfortable and stylish outdoor furniture options that can enhance their outdoor living spaces. Hammocks offer a comfortable and relaxing seating option that can help create a cozy and inviting outdoor environment. Glamping, or luxury camping, is becoming a popular trend in Europe. Hammocks can be a comfortable and stylish seating option for glamping sites, offering a unique and relaxing way to enjoy the outdoors. According to Cognitive Market Research, rope hammocks and quilted hammocks are also popular in the European market, as they offer a traditional and comfortable seating option for outdoor spaces. Brazilian and Nicaraguan hammocks are also popular in the European market, particularly among consumers who want a stylish and unique design. In conclusion, the European hammocks market is being driven by a combination of consumer trends and preferences, including a growing interest in outdoor activities, a desire for comfortable and stylish outdoor furniture, and a preference for eco-friendly and sustainable products. 

Asia Pacific Hammocks Market

According to Cognitive Market Research, Asia Pacific held a considerable market share in 2023, accounting for more than 23% of the global revenue with a market size of USD 0.10 billion in 2023 and will grow at a CAGR of 7.5% from 2023 to 2030 due to the region's growing middle class and urbanization. As more people in the Asia Pacific region move to urban areas and live in smaller living spaces such as apartments and condominiums, hammocks offer a space-saving seating option that can be easily stored when not in use. According to Cognitive Market Research, online sales of hammocks have become increasingly popular in the Asia Pacific region due to the convenience and ease of shopping online. Consumers can easily browse and compare various hammocks from various brands and retailers and often find better deals and discounts online. In conclusion, the Asia Pacific hammocks market is driven by consumer trends and preferences, including a growing interest in outdoor recreation, rapid urbanization, smaller living spaces, a preference for eco-friendly and sustainable products, and a rise in glamping and outdoor tourism.

South America Hammocks Market

According to Cognitive Market Research, Latin America accounted for more than 5% of the global hammocks’ revenue in 2023, with a market size of USD 0.02 billion in 2023. It will grow at a CAGR of 6.0% from 2023 to 2030. Hammocks are deeply ingrained in the cultural tradition of many Latin American countries, where they have been used for centuries as a comfortable and practical seating option. This cultural tradition is driving demand for hammocks in the region. Moreover, the warm and tropical climate in many parts of Latin America makes hammocks practical and comfortable seating for outdoor spaces, such as patios, gardens, and beaches. According to Cognitive Market Research, online sales of hammocks have become increasingly popular in Latin America due to the convenience and ease of shopping online. Consumers can easily browse and compare a wide range of hammocks from various brands and retailers and can often find better deals and discounts online. In conclusion, the Latin America hammocks market is being driven by a combination of cultural tradition, climate, a preference for eco-friendly and sustainable products, a growing tourism industry, and a rise in online shopping.

Middle East and Africa Hammocks Market

According to Cognitive Market Research, The Middle East and Africa accounted for more than 2% of the global revenue in 2023 with a market size of USD 0.01 billion in 2023 and will grow at a CAGR of 6.1% from 2023 to 2030. The MEA region is a popular tourist destination, particularly for its beaches, deserts, and other outdoor attractions. Hammocks are a popular seating option at many tourist destinations, driving demand for hammocks in the region. As more people in the MEA region have increasing disposable income, there is a growing interest in outdoor recreational activities. Hammocks offer a comfortable and affordable seating option for activities such as camping, hiking, and relaxing in outdoor spaces. According to Cognitive Market Research, the tourism industry segment has grown substantially. Many hotels and resorts in the MEA region have also started offering hammocks as a unique and comfortable seating option for their guests, further boosting demand for hammocks in the tourism industry. In conclusion, the MEA hammocks market is being driven by a combination of factors, including a growing tourism industry, climate, a rising interest in outdoor recreation, a preference for eco-friendly and sustainable products, and rapid urbanization and smaller living spaces.

Hammocks Market Analysis

Type Segment Analysis of Hammocks Market

According to Cognitive Market Research, rope hammocks held the major market share over the forecast period due to their classic look, affordability, and ease of storage. Additionally, rope hammocks are often made from materials such as cotton or polyester, which are widely available and easy to produce. Additionally, Rope hammocks are relatively easy to clean, as they can be washed with soap and water and left to dry in the sun. This makes them a convenient choice for consumers who want a low-maintenance hammock.

Brazilian hammocks is the fastest-growing category over the forecast period due to its comfort and durability. Brazilian hammocks are typically made from cotton or polyester and are known for their softness and ease of use. They are designed to be used for relaxation and are often used in outdoor spaces such as gardens, patios, and balconies.

• Rope Hammock 
• Quilted Hammock 
• Brazilian Hammock 
• Nicaraguan Hammock
• Camping Hammock
• Others (Mayan Hammock etc.)

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Hammocks Industry. Request a Free Sample PDF!

Application Segment Analysis of Hammocks Market

According to Cognitive Market Research, outdoor hammocks hold a prominent market share. They are popular among consumers who want to relax and enjoy the outdoors. They are typically used in outdoor spaces such as gardens, patios, or balconies and are designed to be durable and weather resistant. Outdoor hammocks are often made from cotton, polyester, or nylon. They may feature additional features such as canopies or sunshades to provide shade and protection from the sun.

Indoor Hammocks are the fastest-growing category over the forecast period, particularly among consumers who want a comfortable and relaxing seating option for indoor spaces such as living rooms or bedrooms. Indoor hammocks are typically designed to be lightweight and easy to install and may feature additional features such as built-in pillows or hammock stands.

• Indoor
• Outdoor

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Hammocks Material Segment Analysis

According to Cognitive Market Research, cotton held a prominent market share. Cotton is a popular material for hammocks due to its softness, comfort, and breathability. Cotton is also a natural and sustainable material, which appeals to environmentally conscious consumers.

Nylon is the fastest-growing category over the forecast period. Nylon is also popular material in the hammocks market due to its durability and resistance to the elements. Nylon hammocks are often used for outdoor activities such as camping or hiking, as they are lightweight and can withstand exposure to the elements.

• Cotton 
• Nylon 
• Polyester 
• Wooden
• Duracord 
• Others (Leather etc.)

Hammocks Style Segment Analysis

According to Cognitive Market Research, portable folding hammocks hold a prominent market share due to their convenience and ease of use. Portable folding hammocks are designed to be lightweight and easy to transport, making them a popular choice for consumers who want to take their hammocks with them on the go.

Hammock chairs are the fastest-growing category over the forecast period, as they provide a comfortable and relaxing seating option for outdoor spaces such as gardens or patios. Hammock chairs come in various designs and materials, including cotton, polyester, and nylon.

• Portable Folding
• Hammock chair
• Hammock with Chair
• Canopy Hammock
• Teardrop Hammock 
• Others (Tree Hammock etc.)

Hammocks Price Segment Analysis

According to Cognitive Market Research, the US$ 50 to US$ 100 price range held a prominent market share. This segment is popular among consumers who want a high-quality hammock that is durable, comfortable, and affordable. Hammocks in the US$ 50 to US$ 100 price range often feature high-quality materials such as cotton or polyester and may include additional features such as built-in pillows or canopies. They are typically designed for outdoor spaces such as gardens, patios, or balconies.

The Up to US$ 50 is the fastest-growing category over the forecast period, particularly among consumers who are looking for a basic and affordable hammock. Hammocks in this price range are often made from synthetic materials such as nylon or polyester, and may be less durable than hammocks in the higher price ranges.

• Up to US$ 50
• US$ 50 to US$ 100 
• Above US$ 100

Hammocks Capacity Segment Analysis

According to Cognitive Market Research, a capacity range of up to 300 lbs holds a prominent market share. This segment is popular among consumers who are looking for a hammock for personal use or two people with a combined weight of up to 300 lbs. Hammocks in the up to 300 lbs capacity range are typically made from materials such as cotton, polyester, or nylon and are designed to be lightweight, durable, and comfortable. They are often used in outdoor spaces such as gardens, patios, or balconies.

The 300 lbs to 500 lbs capacity range is the fastest-growing category, particularly among consumers who want a hammock that can accommodate two or more people or who want a hammock with a higher weight capacity. Hammocks in this range are often made from high-quality materials such as polyester or Duracord and may feature additional support structures to accommodate the higher weight capacity.

• Up to 300 lbs
• 300 lbs to 500 lbs
• Above 500 lbs

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

LinkedIn

Profile

I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

Author's Conclusion