The Camping And Caravanning Global Market Report 2023 by The Business Research Company, provides camping and caravanning market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Camping And Caravanning Global Market Report 2023, the global camping and caravanning market grew from $67.38 billion in 2022 to $72.17 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The camping and caravanning market is expected to grow to $92.13 billion in 2027 at a CAGR of 6.3%.
The Millennial population is driving the camping and caravanning market. Millennials, known as generation Y, are young adults born between 1980 and 2004 .
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The camping and caravanning market is segmented:
1) By Type: RV (Recreational Vehicle) Parks And Campgrounds, Recreational And Vacation Camps
2) 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, Other Destination Types
3) By Consumer Orientation: Male, Female, Kids
Growing awareness of sustainable living is encouraging campers to practice environmentally friendly camping. These include using reusable utensils and cutlery, natural mosquito repellents, solar lamps and chargers, refillable water bottles, eco-friendly sleeping bags, tents, and other camping equipment. For instance, the Big Island of Hawaii is a popular eco-friendly farm promoting sustainable living.
Major Players:
- Equity Lifestyle Properties
- RESORTS TOPCO LIMITED
- Jellystone Park
- Discovery Parks Holdings Pty Limited and Country Club.
The camping and caravanning market report table of contents includes:
1. Executive Summary
2. Camping And Caravanning Market Characteristics
3. Camping And Caravanning Market Trends And Strategies
4. Camping And Caravanning Market – Macro Economic Scenario
5. Camping And Caravanning Market Size And Growth
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28. Key Mergers And Acquisitions In The Camping And Caravanning Market
29. Camping And Caravanning Market Future Outlook and Potential Analysis
30. Appendix
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