Global Camping and Caravanning Market to Reach $71.2 Billion by 2026
SAN FRANCISCO, Sept. 16, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Camping and Caravanning - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 1169
Companies: 46 - Players covered include Alaskan Anglers RV Park; Banyan Tree Al Wadi; Bourne Leisure Holdings Limited; Camping Flamboyant; Camping Pod Lasem; Discovery Parks Private Limited; Duncans Mills camping club; Easycamp; Elangeni Holiday Resort; Ellevacanze; Equity Lifestyle Properties; European Camping Group; Fallen Rock RV Parke & Campground; George Country Resort; Glamp-Inn; Green Fountain Caravan Resort; Jellystone Park; Kampgrounds Of America, Inc.; Keurbooms Lagoon Caravan Park; Koppisol Holiday Resort; Mbizi Game Lodge & Spa; Normandy Farms; Parkdean Holidays Limited; Prefab Caravan; Queensburgh Caravan Park; Siblu; Sun Communities; The Golden Nugget RV Park; Top Parks; Victoria Bay Caravan Park; Zion River Resort and Others.
Coverage: All major geographies and key segments
Segments: Segment (Recreational Vehicle Parks & Campgrounds, Recreational & Vacation Camps)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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ABSTRACT-
Global Camping and Caravanning Market to Reach $71.2 Billion by 2026
Amid the COVID-19 crisis, the global market for Camping and Caravanning estimated at US$49.8 Billion in the year 2020, is projected to reach a revised size of US$71.2 Billion by 2026, growing at a CAGR of 5.9% over the analysis period. Recreational Vehicle Parks & Campgrounds, one of the segments analyzed in the report, is projected to record a 6.5% CAGR and reach US$28.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Recreational & Vacation Camps segment is readjusted to a revised 5.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $14.4 Billion in 2021, While China is Forecast to Reach $14.8 Billion by 2026
The Camping and Caravanning market in the U.S. is estimated at US$14.4 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$14.8 Billion by the year 2026 trailing a CAGR of 9.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR. More
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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]
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