The global camping and caravanning market size is anticipated to reach USD 117,647.7 million by 2030, registering a CAGR of 10.4% from 2023 to 2030, according to a new report by Grand View Research, Inc. Factors such as the increasing availability of high-quality camping and caravanning products and services, development of new technologies, and combination of increased interest in outdoor activities among consumers, plus the popularity of budget-friendly holiday options are driving the market growth.
Camping And Caravanning Market Report Highlights
· Based on type, the recreational and vacation camp segment accounted for the largest revenue share of 55.4% in 2022 and is expected to retain its dominance during the forecast period owing to the growing trend of outdoor recreation and camping. The segment is expected to expand at the fastest CAGR of 10.2% during the forecast period
· Based on the caravan type, the towable segment dominates the market with a share of 87.3% in 2022 and is expected to lead during the forecast period owing to the low rental cost, easy availability compares to the motorhome, and other technical advantages. The motorhome segment is expected to expand at a CAGR of 8.7% during the forecast period. In October 2020, Airstream, Inc. announced upgrading its airstream travel trailer to a lithium battery system to improve vehicle performance in terms of weight, capacity, and longevity.
· Based on age group, the 30 to 54 segments dominated the market with a share of 46.4% in 2022. This is due to the age group between 30 and 45 having more time and financial resources to invest in camping activities and being more open to experience. The below-30 age group is expected to increase at the fastest CAGR of 11.4% during the forecast period. This is due to the increasing interest in adventurous and outdoor activities among youngsters
· Europe held a market share of 59.0% in 2022 and is expected to retain its dominance during the forecast period. North America is anticipated to expand at a faster CAGR of 11.6% throughout the forecast period. The market growth in this region is primarily attributed to the rising demand for sustainable and affordable options for holidays
· Mergers & acquisitions, agreements, R&D activities, and expansions are the key strategies adopted by the companies during the past years. In November 2022, the Camping and Caravanning Club has entered into a partnership with All camps and Euro camp-overseas campsite operators with the aim of improving members' access to hundreds of campsites across the continent
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Camping and caravanning have become increasingly popular among travelers seeking outdoor and nature-oriented experiences. The desire for socially distanced vacations and a closer connection with nature has contributed to the market's growth. Glamping (glamorous camping) has gained momentum as a trend, where travelers seek more luxurious and comfortable camping experiences. This includes upscale tents, yurts, and other unique accommodations with modern amenities. There has been a growing emphasis on sustainable and eco-friendly camping practices. Many campers are seeking campgrounds that prioritize environmental conservation and provide eco-friendly facilities. Despite being in nature, campers increasingly value digital connectivity during their trips. Campgrounds that offer Wi-Fi access and other digital amenities are becoming more popular.
The market for recreational vehicles (RVs) and caravans has seen significant growth. People are opting for self-contained accommodations that allow for more extended trips and flexibility. Pet-friendly camping options have become essential for many travelers who wish to bring their furry companions along on their outdoor adventures. Camping experiences that focus on health and wellness activities, such as yoga retreats, meditation camps, and outdoor fitness programs, have gained popularity. Adventure enthusiasts are seeking more rugged camping experiences, including remote locations, backcountry camping, and extreme sports integrated with camping trips.
The rise of camping-specific apps and online platforms has made it easier for campers to find and book campgrounds, access camping tips, and connect with other outdoor enthusiasts. Peer-to-peer Recreational Vehicle (RV) sharing platforms have emerged, allowing people to rent out their RVs or find RV rentals directly from owners. There's a growing focus on making camping more inclusive and diverse, with efforts to create welcoming environments for people of all backgrounds and abilities. The integration of technology in camping gear has improved the overall camping experience. Smart camping gear includes solar-powered gadgets, portable power stations, and GPS-equipped camping gear.
The COVID-19 outbreak had a significant impact on the camping and caravanning market as travel restrictions and concerns about social distancing have led to a decrease in demand. The Camping and caravanning market recovered by 2022 as people look for ways to safely get away from home after the pandemic.
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Segmented the global camping and caravanning market report based on the type, caravan type, age group, and region:
Camping And Caravanning Type Outlook (Revenue, USD Million, 2017 - 2030)
· Caravan Parks & Campgrounds
· Recreational & Vacation Camps
Camping And Caravanning Caravan Type Outlook (Revenue, USD Million, 2017 - 2030)
· Towable Caravan
· Motorhome
Camping And Caravanning Age Group Outlook (Revenue, USD Million, 2017 - 2030)
· Below 30
· 30-54
· 55 & above
Camping And Caravanning Regional Outlook (Revenue, USD Million, 2017 - 2030)
· North America
o U.S.
· Europe
o Germany
o U.K
o France
· Asia Pacific
o China
o India
o Australia & New Zealand
· Central & South America
o Brazil
· Middle East & Africa
o South Africa
List of Key Players in the Camping And Caravanning Market
· Sun camp holidays
· Hip camp, Inc.
· Recreation.gov
· Harvest Hosts
· MAKEMYTRIP PVT. LTD
· EUROPEAN CAMPING GROUP
· Camp nab
· Thousand Trails
· KAMPGROUNDS OF AMERICA, INC.
· International Palamos
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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The Business Research Company published its Camping And Caravanning Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global camping and caravanning market.
The report covers the camping and caravanning market’s segments- RV (recreational vehicle) parks and campgrounds, recreational and vacation camps.View Complete Report: https://www.thebusinessresearchcompany.com/report/camping-and-caravanning-global-market-reportCamping And Caravanning Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It covers all the regions, key developed countries and major emerging markets.
It is a blend of glamour and camping and it offers luxurious canvas tents, guides, chefs, butlers and porters in locations such as forests, wildlife sanctuaries and other places of scenic beauty.
According to Towergate Insurance, the number of glamping sites listed on Pitchup.com increased by 50% in 2011.Request A Sample Report At: https://www.thebusinessresearchcompany.com/sample.aspx?id=2199=smp Few Points From Table Of Content1.
The Business Research Company published its Camping And Caravanning Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Camping And Caravanning market.
The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.The report covers the Camping And Caravanning Market’s segments- 1) By Type: RV (Recreational Vehicle) Parks And Campgrounds, Recreational And Vacation Camps View Complete Report:https://www.thebusinessresearchcompany.com/report/camping-and-caravanning-global-market-report-2020-30-covid-19-impact-and-recoveryCamping And Caravanning Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.The global camping and caravanning market is expected to decline from $50 billion in 2019 to $49 billion in 2020 at a compound annual growth rate (CAGR) of -1.9%.
The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it.
The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $59.6 billion in 2023.Glamping is gaining popularity because of the luxurious and comfortable camping experience it offers.
The Business Research Company published its Camping And Caravanning Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global camping and caravanning market.
The report covers the camping and caravanning market’s segments- by type: RV (recreational vehicle) parks and campgrounds; recreational and vacation camps.View Complete Report: https://www.thebusinessresearchcompany.com/report/camping-and-caravanning-global-market-report-2020-30-covid-19-impact-and-recoveryCamping And Caravanning Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
It covers all the regions, key developed countries and major emerging markets.
It is a blend of glamour and camping and it offers luxurious canvas tents, guides, chefs, butlers, and porters in locations such as forests, wildlife sanctuaries and other places of scenic beauty.
Camping And Caravanning Market Supply Chain………………19.
Camping And Caravanning Market Competitive Landscape20.
TheBusinessResearchCompany published its Camping And Caravanning Global Market Report 2019 which provides strategists, marketers and senior management with the critical information they need to assess the global camping and caravanning market.
The report covers the camping and caravanning market’s segments- rv (recreational vehicle) parks and campgrounds, recreational and vacation camps.Explore Complete Report https://www.thebusinessresearchcompany.com/report/camping-and-caravanning-global-market-reportCamping And Caravanning Global Market Report 2019 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 50+ geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It covers all the regions, key developed countries and major emerging markets.
The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.Request to get the sample of this report https://www.thebusinessresearchcompany.com/sample.aspx?id=2199=smpGlamping is gaining popularity because of the luxurious and comfortable camping experience it offers.
It is a blend of glamour and camping and it offers luxurious canvas tents, guides, chefs, butlers and porters in locations such as forests, wildlife sanctuaries and other places of scenic beauty.
