Market Trends of Recreational And Vacation Camp Industry
Travel & Tourism Industry Working as Catalyst to the Market
Experiential travel is a trend in which tourists actively participate in recreational activities while also connecting with the culture and nature of the destination. There are many different types of experiences offered by experiential travel companies, from adventure trips like hiking, camping, and rafting to culturally enriching activities. There is something for everyone, regardless of their preferences and interests. Many of the tours offer educational elements, allowing travelers to gain valuable knowledge about local culture, history, and ecosystems.
North America is Dominating the Market
In comparison to global, the majority of revenue is expected to come from the United States. The camping market includes a projected user base of 282.10 million users by the forecasted year, with a user penetration rate of 4.1%. The average revenue per user is expected to be USD 94.97. The total revenue for the camping market will be generated online by 61% in the forecasted year.