Camping And Caravanning Market Characteristics
The camping and caravanning market consists of sales of camping and caravanning services and related goods in sites to accommodate campers and their equipment, including tents, tent trailers, travel trailers, and RVs (recreational vehicles) by entities (organizations, sole traders or partnerships) that operate sites to accommodate campers and their equipment, including tents, tent trailers, travel trailers, and RVs (recreational vehicles). These establishments may provide access to facilities, such as washrooms, laundry rooms, recreation halls, playgrounds, stores, and snack bars.
The camping and caravanning industry comprises establishments primarily engaged in operating overnight recreational camps, such as children's camps, family vacation camps, hunting and fishing camps, and outdoor adventure retreats, that offer trail riding, white water rafting, hiking, and similar activities. These establishments provide accommodation facilities, such as cabins and fixed campsites, and other amenities, such as food services, recreational facilities and equipment, and organized recreational activities.
Competitive Landscape of the Camping And Caravanning Market
Major players in the global camping and caravanning market include Equity Lifestyle Properties, Sun Communities, Parkdean Holidays Limited, Siblu, Jellystone Park
Camping And Caravanning Market Size
The camping and caravanning market size is expected to reach $60 Billion by 2022, significantly growing at a CAGR of around 6% during the forecast period. The growth in the Camping And Caravanning market is due to increasing Millennial Campers, Rising Participation In Outdoor Activities and government initiatives.
However, the market for camping and caravanning is expected to face certain restraints from several factors such as opposition from NGO and Greenpeace activist and global warming.
Camping And Caravanning Market Segmentation
The global camping and caravanning market is further segmented based on type and geography.
By Type - The camping and caravanning market is segmented into RV (Recreational Vehicle) Parks and Campgrounds, Recreational And Vacation Camps among these segments, the RV (Recreational Vehicle) Parks And Campgrounds market accounts for the largest share in the global camping and caravanning market.
By Geography - The global camping and caravanning is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe was the largest region in the global camping and caravanning market.
Trends in the Camping And Caravanning Market
Glamping, 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. These temporary structures provide luxury beds, quality rugs, furnishing, modern bathrooms and other amenities. According to Towergate Insurance, the number of glamping sites listed on Pitchup.com increased by 50% in 2011.
Potential Opportunities in the Camping And Caravanning Market
With increase in cheaper alternative to traditional vacations, technological advances and aging population and early Retirement the scope and potential for the global camping and caravanning market is expected to significantly rise in the forecast period.