PUBLISHER: Mordor Intelligence | PRODUCT CODE: 1644993
PUBLISHER: Mordor Intelligence | PRODUCT CODE: 1644993
The Global Hammocks Market size is estimated at USD 1.51 billion in 2025, and is expected to reach USD 1.84 billion by 2030, at a CAGR of 4.02% during the forecast period (2025-2030).
Hammocks are sling-like structures made of fabric rope woven into a net. They are often used for sleep in the wild and relaxation at the beach or in people's backyards. Polypropylene, followed by cotton, and various materials such as Nylon, Canvas, Parachutised Silks, etc., are widely used in the manufacture of hammocks. The key drivers of the worldwide market are rapid urbanization, rising income per capita, a boom in demand for housing space, and consumers' increased need to buy premium & luxury hammocks. Moreover, by adding a variety of home decors, furnishings, hammocks, and additional accessories to their houses, people are increasingly taking part in the renovation and design process.
Expanding the real estate sector creates high growth potential in China, India, Brazil, and South Africa. In addition, owing to their qualities of long-lasting durability, high comfort, tear resistance, breathability, and water resistance which have a major influence on growth in the global market, quality hammocks are becoming increasingly popular among residential consumers. But it is often outside of a city where essential amenities such as electricity and the internet are not available that leisure activities take place. In dangerous environments such as rainfall and thunderstorms, camping tents might be unable to cope. During the forecast period, certain constituents are causing hammocks to be exchanged.
In recent years, the demand for outdoor hammocks has surged, with an increasing number of individuals recognizing the joy of unwinding in nature's embrace. This upswing can be attributed to several key factors. Firstly, there's a notable uptick in the popularity of outdoor and adventure activities. As camping, hiking, and other outdoor pursuits gain traction, the demand for outdoor hammocks naturally follows suit. Hammocks offer a lightweight and comfortable respite for outdoor enthusiasts, serving as an ideal resting and sleeping solution.
Moreover, outdoor hammocks often come at a more affordable price point than alternative outdoor sleeping options, making them particularly appealing to budget-conscious consumers. With minimal equipment requirements, they provide an accessible way for individuals to savor the outdoors without breaking the bank.
Another catalyst for the outdoor hammock boom is the industry's expansion. Companies are increasingly honing their focus on crafting innovative products that align with user preferences. For instance, some manufacturers now offer hammocks equipped with built-in mosquito nets and rain tarps, enhancing their adaptability across diverse environments and weather conditions.
The North American hammocks market is witnessing a surge in demand, buoyed by a robust outdoor recreation culture, favorable weather, and a growing affinity for outdoor pursuits. North America's diverse landscapes, ranging from majestic mountains and dense forests to sun-kissed beaches and sprawling urban parks, offer abundant opportunities for both relaxation and adventure. Hammocks, synonymous with leisure and comfort, have become a sought-after accessory for outdoor enthusiasts, campers, hikers, and even those seeking solace in their own backyards.
In the United States and Canada, the rising popularity of outdoor recreation and camping is fueling the demand for hammocks. These portable and lightweight alternatives to traditional camping gear have gained traction. Hammocks not only provide campers with a comfortable sleeping option but also elevate their rest experience by suspending them above the ground, away from rocks, roots, and pesky insects. Backpackers and wilderness adventurers, valuing compactness and versatility, are increasingly turning to hammocks as their go-to sleeping solution for multi-day hikes and backcountry expeditions.
While camping remains a key driver, hammocks have found a place in the hearts of many North Americans for backyard relaxation and outdoor leisure. Homeowners and outdoor enthusiasts alike are adorning their backyards, patios, and gardens with hammocks, transforming these spaces into serene retreats for lounging, reading, and even napping.
The Global Hammocks market is highly fragmented, with many domestic players who sell their products in the regional markets. International players pose tougher competition to the existing players and thus give immense scope for further product development and innovation. A few key players in the market include REI, Foxelli, Lazy Daze Hammocks, Winner Outfitters, and Wise Owl Outfitters, among many other actively functioning companies worldwide.