Pent-up demand and a desire to reconnect with nature have driven consumers to campgrounds and RV parks over the past five years. COVID-19 fueled a new generation of campers who took advantage of work-from-home policies to travel domestically. The influx of new campers has increased demand for luxury facilities and amenities often provided by competing rental properties and hotels. Campsites and RV park owners have responded to shifting consumer preferences by constructing yurts, glamping tents, pools and spas.Happy Camper: Pent-Up Demand is Forecast to Boost Campsite Demand in the Near-Term
Over the past five years, revenue has increased at a CAGR of 0. 1% to $8. 7 billion, including an 8. 2% increase in 2023 alone. This industry operates recreational vehicle (RV) parks and campgrounds, as well as recreational and vacation camps. The industry also includes trailer and caravan parks and wilderness camps. Industry establishments cater to outdoor enthusiasts and commonly provide access to facilities such as washrooms, laundry rooms, recreation halls and playgrounds. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Epic Systems Corporation
- Cerner Corporation
- Allscripts Healthcare Solutions, Inc.
Methodology
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