Global Camping And Caravanning Market Is Valued At $47 Billion By 2017


Posted July 11, 2018 by sainath

Asia Pacific was the largest region in the camping and caravanning market in 2017, accounting for more than 30% market share. The USA was the largest country in the market in 2017, accounting for more than 15% market share.

 
The camping and caravanning industry operates camping sites, overnight recreational camps, outdoor adventure camps and others. These establishments may provide access to food services, recreational facilities, washrooms, playgrounds, stores and other services.

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The major reason why the camping and caravanning market is valued at $47 billion in 2017 is the rising participation in outdoor activities. Health awareness, busy lifestyles and the need to spend quality time with family and friends are encouraging people to participate in outdoor recreational activities. Asia Pacific was the largest region in the camping and caravanning market in 2017, accounting for almost one-third of the market share.

The camping and caravanning market in The Business Research Company’s report is segmented into RV (recreational vehicle) parks and campgrounds, and recreational and vacation camps. While the first segment accounts for almost two-third of the market share, the remaining is attributed to the recreational and vacation camps segment.

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The USA was the largest country in the camping and caravanning market in 2017, accounting for close to one-fifth of the market share. This was the result of the high disposable income in the country and the presence of a large elderly population indulging in camping and caravanning for leisure. The USA was followed by the UK and China.

Equity Lifestyle Properties, Inc. was the largest company in the camping and caravanning market in 2017, followed by Sun Communities and Parkdean Holidays Limited. Equity Lifestyle Properties, Inc. is headquartered in Chicago, Illinois, United States. Equity Lifestyle Properties, Inc. company owns and operates a broad portfolio of lifestyle-oriented properties and resort communities aimed at retirees, vacationers, and second home owners.

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Categories Business , Food , Outdoors
Tags campgrounds market report , camping and caravanning global market report 2018 , recreational camps market report , vacation camps market report
Last Updated July 11, 2018