logo

Recreational Vehicle Parks And Campgrounds Market Size (2024 - 2029)

The market size for recreational vehicle parks and campgrounds is projected to experience growth over the forecast period, driven by a shift in consumer preferences towards camping and the increased use of RVs for both leisure and business purposes. The market's expansion is further supported by the rising popularity of road trips and the proliferation of rental services, particularly in emerging markets. North America is expected to lead the market, benefiting from a growing number of regional campgrounds and recreational parks.

Home Market Analysis Hospitality and Tourism Research Travel and Tourism Research Tourism Research Entertainment and Recreation Research Recreation Research Camping and Motorparks Research Recreational Vehicle Parks And Campgrounds Market Market Size

Market Size of Recreational Vehicle Parks And Campgrounds Industry

Recreational Vehicle Parks And Campgrounds Market Summary
Study Period 2020 - 2029
Market Size (2024) USD 26.31 Billion
Market Size (2029) USD 33.09 Billion
CAGR (2024 - 2029) 4.69 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Medium

Major Players

Recreational Vehicle Parks And Campgrounds Market Major Players

*Disclaimer: Major Players sorted in no particular order

Recreational Vehicle Parks And Campgrounds Market Analysis

The Recreational Vehicle Parks And Campgrounds Market size is estimated at USD 26.31 billion in 2024, and is expected to reach USD 33.09 billion by 2029, growing at a CAGR of 4.69% during the forecast period (2024-2029).

The COVID-19 issue had a significant impact on the tourism industry worldwide. In the first half of 2020, this temporarily stopped the market's sales of recreational vehicles. The market's sluggish recovery and consumers' preference for camping over hotels, however, could spur market expansion during the anticipated timeframe. The market is anticipated to be in focus for the foreseeable future due to the significant proliferation of rental services in emerging nations.

The rise in active campers is contributing to the demand for RVs. The use of RVs for business purposes is expanding. Peer-to-peer rental services are predicted to become more popular among millennials, who use them more frequently. Also, the rising popularity of road trips as a break from daily life may boost market expansion. Recreational vehicle use has increased significantly worldwide since the shutdown, particularly in North America and Europe.

North America will probably dominate the market. Also, it can develop during the projection period due to the rapidly increasing number of regional campgrounds and recreational parks.

Recreational Vehicle Parks And Campgrounds Industry Segmentation

The most typical use of recreational vehicles (RVs) while traveling is temporary lodging. But, because of advantages like easily towable units, low fuel consumption, lower maintenance and insurance expenses, and depreciation value, some people utilize them as their primary house. The Global Recreational Vehicle Parks and Campgrounds are segmented by vehicle type (Motorhomes (Class A, Class B, Class C, rockstar motorhomes)), trailers (5th wheel trailers, travel trailers, tent trailers, retro trailers), price (standard, luxury), end use (individuals, fleet owners), and geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa). In addition, the report offers market size and forecast for the global recreational vehicle parks and campgrounds market in value (USD billion) for all the above segments.

By Vehicle Type
Motorhomes
Class A
Class B
Class C
Rockstar Motorhomes
Trailers
5th Wheel Trailers
Travel Trailers
Tent Trailer
Retro Trailer
By Price
Standard
Luxury
By End-Use
Individual
Fleet Owners
By Geography
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Need A Different Region Or Segment?
Customize Now

Recreational Vehicle Parks And Campgrounds Market Size Summary

The global recreational vehicle parks and campgrounds market is poised for steady growth over the forecast period, driven by a shift in consumer preferences towards camping and outdoor activities. The market's recovery from the COVID-19 pandemic has been bolstered by the increasing popularity of road trips and the expansion of peer-to-peer rental services, particularly among millennials. This trend is further supported by the growing use of RVs for both leisure and business purposes. North America is expected to maintain its dominance in the market, with significant contributions from the United States and Canada. The proliferation of regional campgrounds and recreational parks, along with the appeal of luxury RV resorts offering specialized amenities, is expected to fuel market expansion.

The market landscape is characterized by intense competition, with numerous players vying for market share through strategic partnerships, mergers, and acquisitions. Key industry participants include Alaskan Anglers RV Park, Banyan Tree Al Wadi, and Bourne Leisure Holdings Limited, among others. Recent developments, such as the unveiling of a large full-service RV park in Alaska and collaborations for the delivery of motorhomes, highlight the dynamic nature of the market. The economic impact of recreational vehicle parks is significant, particularly in the United States, where a substantial number of households own RVs, contributing to the local economy through employment and tourism. As the market continues to evolve, emerging markets, particularly in China, are expected to exhibit strong growth rates, offering new business opportunities in the sector.

Explore More

Recreational Vehicle Parks And Campgrounds Market Size - Table of Contents

  1. 1. MARKET DYNAMICS AND INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Buyers

      2. 1.4.2 Bargaining Power of Suppliers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitutes

      5. 1.4.5 Intensity of Competitive Rivalry

    5. 1.5 Insights of Technology Innovations in the Market

    6. 1.6 Insights on Government Regulations and Industry Policies

    7. 1.7 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Vehicle Type

      1. 2.1.1 Motorhomes

        1. 2.1.1.1 Class A

        2. 2.1.1.2 Class B

        3. 2.1.1.3 Class C

        4. 2.1.1.4 Rockstar Motorhomes

      2. 2.1.2 Trailers

        1. 2.1.2.1 5th Wheel Trailers

        2. 2.1.2.2 Travel Trailers

        3. 2.1.2.3 Tent Trailer

        4. 2.1.2.4 Retro Trailer

    2. 2.2 By Price

      1. 2.2.1 Standard

      2. 2.2.2 Luxury

    3. 2.3 By End-Use

      1. 2.3.1 Individual

      2. 2.3.2 Fleet Owners

    4. 2.4 By Geography

      1. 2.4.1 North America

      2. 2.4.2 Europe

      3. 2.4.3 Asia-Pacific

      4. 2.4.4 Latin America

      5. 2.4.5 Middle East & Africa

Recreational Vehicle Parks And Campgrounds Market Size FAQs

The Recreational Vehicle Parks And Campgrounds Market size is expected to reach USD 26.31 billion in 2024 and grow at a CAGR of 4.69% to reach USD 33.09 billion by 2029.

In 2024, the Recreational Vehicle Parks And Campgrounds Market size is expected to reach USD 26.31 billion.

Recreational Vehicle Parks And Campgrounds Market Report Snapshots

Global Recreational Vehicle Parks and Campgrounds Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)