Camping And Caravanning Market Size, Share & Trends Analysis Report By Type, By Caravan Type (Towable Caravan, Motorhome), By Age Group, By Region, And Segment Forecasts, 2023 - 2030

Report Overview

The global camping and caravanning market size was estimated at USD 53,126.4 million in 2022 and is expected to exhibit a CAGR of 10.4% from 2023 to 2030. There are several factors contributing to the market growth such as an increase in the popularity of outdoor leisure activities, the rise of eco-tourism, and the growth of the overall travel and tourism industry. According to a survey by the Outdoor Industry Association (OIA), camping is the most popular outdoor activity in the U.S., the percentage of the population who reported participating in outdoor activities including RV camping increased from 50.7% in 2019 to 52.9% in 2020. Moreover, the increasing demand for affordable, flexible vacation options is also driving the growth of the camping and caravanning market, as more people look for alternative ways to experience new destinations and save money on accommodation.

The COVID-19 outbreak had a negative impact. The pandemic led to the closing of several campgrounds and caravan parks or limited capacity due to government restrictions and public health concerns. This has resulted in a decrease in demand for camping and caravanning holidays and a drop in revenue for the businesses in this sector. 

However, at the beginning of 2022, many camping and caravanning companies had to adapt to the changing circumstances by offering more flexible booking policies and implementing new health and safety measures. Many have also turned to online platforms and social media to promote their services and reach a wider audience. 

The U.S. market has been expanding at a CAGR of 11.2% during the forecast year, driven by a variety of factors such as the desire for outdoor recreation and the trend towards more affordable vacations. This trend is expected to continue as more people discover the benefits of camping and caravanning, including the opportunity to disconnect from technology and spend time in nature. Additionally, the rise in popularity of outdoor sports and activities, such as hiking, biking, and fishing, has also contributed to the market growth. According to the data from the Outdoor Foundation, more than half (54.0%) of Americans aged six and above engaged in at least one outdoor activity such as camping and caravanning in 2021.

The increasing popularity of "glamping," or luxury camping, offers more amenities and comfort than traditional camping. Glamping options such as yurts, tiny houses, and tree houses have become increasingly popular, particularly among younger and more affluent campers. Another factor contributing to the growth of the camping and caravanning market is the increasing availability and affordability of rental RVs and trailers. This allows more people to try out the camping lifestyle without the upfront cost of purchasing a vehicle.

Type Insights

Based on type, the market has been segmented into caravan parks & campgrounds and recreational & vacation camps. The recreational & vacation camp segment held a revenue share of 55.4% in 2022 and is expected to expand at the fastest CAGR of 10.2% during the forecast period 2023-2030. This can be attributed to the growing popularity of outdoor tourism, and the rising demand for affordable accommodation caravan parks. Campgrounds offer affordable accommodation options for travelers, making them an attractive option for budget-conscious travelers.

Age Group Insights

By age group, the 30 to 54 segments accounted for the largest market share of 46.6% in 2022 and are expected to retain their position in the market during the forecast period. The 30 to 54 age group segments have been the most active in terms of participating in organized camping and caravanning events.

The increased focus on health and wellness, as well as a desire for more affordable vacation options, are the factors driving the development of the segment. This age group is more likely to have families and children, making camping and caravanning a practical and enjoyable vacation option. Overall, this age group is increasingly interested in outdoor and adventure-based activities, and camping and caravanning offer a great way to satisfy this demand. 

Caravan Type Insights

Based on caravan type, the market is segmented into towable caravans and motorhomes. The towable caravan segment accounted for the largest market share of 87.3% in 2022 in terms of revenue and is expected to retain its position in the market during the forecast period. This can be attributed to the availability of towable caravans at a low cost as compared to the motorhome.

The towable caravans offer the advantage of low maintenance and there is no legal requirement to insure the caravan. Such factors make it a better choice among consumers. Moreover, technological advancements have greatly enhanced the overall comfort and safety of caravan travel. In September 2021 Dometic Group AB (publ) introduce a new material called REDUX lightweight renewable polyester. Dometic Group AB (publ) is actively promoting novel materials used in tents, RV awnings, and other camping equipment.

Regional Insights

Europe accounted for the largest revenue share of 59.0% in 2022 and is anticipated to expand at the fastest CAGR of 9.8% during the forecast period. Several factors such as a large number of campsites, international visitors/tourists, increasing tourism along with a growing trend of affordable and sustainable forms of vacationing are expected to drive the growth. The growth of Europe's camping and caravanning market is expected to continue in the coming years.

This is driven by the increasing demand for outdoor recreational activities and the convenience and flexibility offered by these types of vacations. According to the report by State-of-Industry, the U.K. was among the top international caravan and camping markets in 2018, recorded a total of 58,933 visitors and Germany accounted for the highest spending of USD 95.0 million on camping activities.

North America accounted for the second largest market for camping and caravanning, owing to the availability of vast and varied landscapes, with a wide range of natural attractions such as national parks, forests, lakes, and mountains. This provides ample opportunity for camping and caravanning activities, as there are many different types of terrain and environments to explore.

North America has a strong culture of outdoor recreation and adventure, which has led to a high demand for camping and caravanning equipment and services. This demand has been further fueled by the increasing popularity of outdoor activities such as hiking, biking, and kayaking, which often require camping or caravanning as a means of accommodation.

Key Companies & Market Share Insights

The market features various global, regional, and local players which makes it a competitive market. The world’s leading companies are using partnerships, collaborations, acquisitions, mergers, and agreements as strategies to withstand the intense competition and increase their market share. Camping and caravanning service providers and product manufacturers are spending extensively on technological advancement to develop advanced products and integrate new technologies and characteristics to conserve energy and improve efficiency.

For instance, in July 2022, Outdoor retailer REI Co-op in collaboration with Airstream, Inc. announced the launch of their line of caravans and RVs called the "Basecamp", which feature modern amenities and a sleek design. The aim behind the strategy is to reduce the carbon footprint and offer a sustainable range to the customers. Some of the prominent players in the global camping and caravanning market include:

• 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

Camping And Caravanning Market Report Scope

Global Camping And Caravanning Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels in addition to provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global camping and caravanning market report based on the type, caravan type, age group, and region:

• Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Caravan Parks & Campgrounds

  • Recreational & Vacation Camps

• Caravan Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Towable Caravan

  • Motorhome

• Age Group Outlook (Revenue, USD Million, 2017 - 2030)

  • Below 30

  • 30-54

  • 55 & above

• Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America

    • U.S.

  • Europe

    • Germany

    • U.K

    • France

  • Asia Pacific

    • China

    • India

    • Australia & New Zealand

  • Central & South America

    • Brazil

  • Middle East and Africa

    • South Africa