US Camping & Caravanning Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 19.62 Billion |
| Market Size (2029) | USD 33.82 Billion |
| CAGR (2024 - 2029) | 11.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
US Camping & Caravanning Market Analysis
The US Camping and Caravanning Market size is estimated at USD 19.62 billion in 2024, and is expected to reach USD 33.82 billion by 2029, growing at a CAGR of 11.5% during the forecast period (2024-2029).
The COVID-19 pandemic significantly impacted the US camping and caravanning market. While many other sectors of the travel and tourism industry were negatively impacted by the pandemic, camping, and RVing saw a surge in popularity due to their unique advantages in those environments. One of the primary reasons for the increased camping and RVing was that these activities allowed people to travel and enjoy the outdoors while maintaining social distancing and other safety precautions. Camping and RVing provided a way to escape crowded cities and public transportation and reduced exposure to the virus. Many people who may previously flown or taken a cruise chose to take road trips in RVs or camping instead.
The US camping and caravanning market is a significant sector of the travel and tourism industry, with a wide range of options for outdoor enthusiasts. This market includes tent camping, RV camping, glamping (luxury camping), and van life. National parks, state parks, and private campgrounds offer camping and RVing opportunities. Many of these locations offer a range of amenities such as hookups, showers, and recreational facilities. Overall, the US camping and caravanning market is a vibrant and growing sector of the travel and tourism industry, offering a diverse range of options for travelers who want to experience the great outdoors. The market is driven by a growing interest in outdoor activities, a desire for flexible and affordable travel options, and the continued popularity of RVing among Americans.
US Camping & Caravanning Market Trends
Rise of RV and Van Life in the United States is Driving the Market
Recently, the popularity of RV and van life grew significantly as people seek to travel and explore while maintaining a sense of home comfort. It led to increased sales of RVs, campervans, and camper trailers. RVs and vans provide the flexibility and mobility to travel and explore without being tied down to a specific location. It is especially appealing to younger generations who value experiences and adventure. They can be more cost-effective than traditional travel and accommodations, particularly long-term travel. It made an appealing option for retirees and digital nomads.
The social media rise also played a significant role in the popularity of RV and van life. Popular influencers and bloggers shared their experiences and showcased the benefits of this lifestyle, inspiring others to follow suit. As a result of these factors, the RV industry experienced significant growth in recent years, with sales increasing by double digits in some years. This trend also led to the emergence of new companies specializing in van conversions and rentals. It also helped develop new technologies and innovations to make RV and van life more comfortable and sustainable.
Increased Disposable Income is Driving the Market
The increase in disposable income significantly impacted the US camping and caravanning market. As disposable income increased, more people could afford the equipment and accommodations necessary for camping and caravanning. People with more disposable income can invest in higher-quality camping equipment, such as tents, sleeping bags, and backpacks. It led to an increase in the availability of high-end camping gear and accessories. The increased disposable income also increased sales of expensive RVs and trailers. These larger, more luxurious vehicles can cost tens of thousands of dollars and offer many of the comforts of home while on the road.
Glamping (glamorous camping) became increasingly popular as disposable income increased. Glamping accommodations offer a high-end camping experience with luxurious bedding, air conditioning, and private bathrooms. People with more disposable income can travel more frequently and for longer periods. It led to increased demand for camping and caravanning accommodations as people looked for ways to explore new destinations and spend time in the great outdoors. Overall, the increase in disposable income positively impacted the US camping and caravanning market. It allowed people to invest in higher-quality equipment and accommodations, leading to a greater demand for camping and caravanning experiences.
US Camping & Caravanning Industry Overview
The US camping and caravanning market is relatively fragmented. While some large players in the market, such as RV manufacturers and camping gear retailers, many small and medium-sized businesses are also operating in this industry. Additionally, the market is diverse, including various camping and RV options, such as tent camping, RV camping, and glamping.
US Camping & Caravanning Market Leaders
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Thor Industries
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Winnebago Industries
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Camping World Holdings
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Kampgrounds of America (KOA)
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Thousand Trails
*Disclaimer: Major Players sorted in no particular order
US Camping & Caravanning Market News
- January 2023: THOR Industries (THO) agreed with SpaceX's Starlink to integrate flat high-performance Starlinks. Even in motion, it provides high-speed, low-latency internet into select motorized RVs in the United States across the THOR family of companies in 2023. THOR will also explore opportunities to bring Starlink's innovative connectivity solutions to additional RVs made by their operating companies.
- November 2022: Camping World Holdings, Inc. ('Camping World'), America's Recreation Dealer, today announced an agreement to acquire Ashley Outdoors, a family-owned RV Dealership, in Salem, Alabama. The acquisition is anticipated to close in the first quarter of 2023 and will add to Camping World's existing Alabama locations in Calera, Dothan, Anniston, and Robertsdale.
US Camping & Caravanning Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Insights on Key Trends and Recent Developments in the Market
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Destination Type
5.1.1 State or National Park Campgrounds
5.1.2 Privately Owned Campgrounds
5.1.3 Public or Privately Owned Land Other Than a Campground
5.1.4 Backcountry, National Forest or Wilderness Areas
5.1.5 Parking Lots
5.1.6 Others
5.2 By Type of Camper
5.2.1 Car Camping
5.2.2 RV Camping
5.2.3 Backpacking
5.2.4 Others
5.3 By Distribution Channel
5.3.1 Direct Sales
5.3.2 Online Travel Agencies
5.3.3 Traditional Travel Agencies
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Thor Industries
6.2.2 Winnebago Industries
6.2.3 Camping World Holdings
6.2.4 Kampgrounds of America (KOA)
6.2.5 Thousand Trails
6.2.6 Road Bear RV
6.2.7 Forest River
6.2.8 Grand Design RV
6.2.9 Newmar
6.2.10 Coachmen RV*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
US Camping & Caravanning Industry Segmentation
Camping and caravanning are outdoor recreational activities that involve traveling and staying in tents or recreational vehicles (RVs) or caravans. These activities allow people to explore and experience the great outdoors, often in natural settings such as national parks, forests, beaches, and mountains. Both camping and caravanning offer a range of benefits, including the opportunity to connect with nature, escape from the stresses of daily life, and spend quality time with family and friends. They also provide a flexible and cost-effective travel method, with many camping and RV parks offering affordable accommodations and amenities.
The US Camping and Caravanning Market is segmented by destination type (state or national park campgrounds, privately owned campgrounds, public or privately owned land other than a campground, backcountry, national forest or wilderness areas, parking lots, and others), type of camper (car camping, RV camping, backpacking, and others), and distribution channel (direct sales, online travel agencies, and traditional travel agencies). The report offers Market size and forecasts for US Camping And Caravanning Market in value (USD) for all the above segments.
| By Destination Type | |
| State or National Park Campgrounds | |
| Privately Owned Campgrounds | |
| Public or Privately Owned Land Other Than a Campground | |
| Backcountry, National Forest or Wilderness Areas | |
| Parking Lots | |
| Others |
| By Type of Camper | |
| Car Camping | |
| RV Camping | |
| Backpacking | |
| Others |
| By Distribution Channel | |
| Direct Sales | |
| Online Travel Agencies | |
| Traditional Travel Agencies |
US Camping & Caravanning Market Research FAQs
How big is the US Camping and Caravanning Market?
The US Camping and Caravanning Market size is expected to reach USD 19.62 billion in 2024 and grow at a CAGR of 11.5% to reach USD 33.82 billion by 2029.
What is the current US Camping and Caravanning Market size?
In 2024, the US Camping and Caravanning Market size is expected to reach USD 19.62 billion.
Who are the key players in US Camping and Caravanning Market?
Thor Industries, Winnebago Industries, Camping World Holdings, Kampgrounds of America (KOA) and Thousand Trails are the major companies operating in the US Camping and Caravanning Market.
What years does this US Camping and Caravanning Market cover, and what was the market size in 2023?
In 2023, the US Camping and Caravanning Market size was estimated at USD 17.60 billion. The report covers the US Camping and Caravanning Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the US Camping and Caravanning Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
US Camping and Caravanning Industry Report
Statistics for the 2024 US Camping and Caravanning market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. US Camping and Caravanning analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
