Caravans Market Report 2026

The caravans market size has grown strongly in recent years. It will grow from $16.8 billion in 2025 to $17.73 billion in 2026 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to outdoor recreation growth, tourism recovery, affordable housing alternatives, camping culture expansion, lightweight trailer adoption.

The caravans market size is expected to see strong growth in the next few years. It will grow to $22.09 billion in 2030 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to sustainable travel demand, electric tow vehicle compatibility, smart caravan integration, luxury caravan demand, modular interior innovation. Major trends in the forecast period include growth of mobile lifestyle adoption, demand for compact travel solutions, expansion of recreational tourism, customization of living spaces, rising use in temporary housing.

The growing demand for tourism is expected to drive the growth of the caravan market going forward. Tourism involves traveling outside one’s home country or region for personal, business, or professional purposes and is a social, cultural, and economic phenomenon. Caravans are specially designed vehicles that support family-oriented trips, even in destinations or circuits with limited hotel accommodations. Hence, the increasing demand for tourism is boosting the caravan market. For instance, in April 2024, according to the Sports Events and Tourism Association, a US-based non-profit trade association for the sport tourism industry, the sport tourism sector saw a 7% increase in traveler volume in 2023 compared to 2022, with the number of sports travelers in the US reaching a record 204.9 million. Therefore, the growing demand for tourism is fueling the caravan market.

Major companies in the caravan industry are focusing on technological advancements such as lightweight materials, modular interiors, and smart connectivity to enhance travel comfort, safety, and efficiency. These innovations include advanced construction materials for reduced weight, flexible interior layouts for customizable space, and integrated digital systems for improved convenience and safety. For instance, in August 2025, Skydream (Chongqing) Innovation Technology Co., Ltd., a China-based caravan manufacturer, launched a new caravan model designed to redefine future caravan travel. The model combines durable construction with connected features, offering versatile, eco-friendly, and comfortable travel experiences for modern travelers. It incorporates innovative features to meet the growing demand for smart and sustainable caravan solutions.

In May 2023, MBH Corporation PLC, a UK-based residential care company, acquired White Arches Caravans Limited for an undisclosed amount. The acquisition is intended to expand MBH Corporation PLC's portfolio by incorporating White Arches Caravans Limited, a well-established caravan retailer. This move bolsters MBH's presence in the leisure and outdoor living sectors, complementing its existing businesses. White Arches Caravans Limited, based in the UK, specializes in selling and servicing caravans and motorhomes.

Major companies operating in the caravans market report include Thor Industries Inc., Forest River Inc., Winnebago Industries Inc., Fendt Caravan GmbH, Erwin Hymer Group, Knaus Tabbert AG, Hobby-Wohnwagenwerk Ing. Harald Striewski, Dethleffs GmbH & Co. KG, Gulf Stream Coach Inc., REV Recreation Group, SpaceCraft MFG., Caravan Manufacturing Company Inc., Adria Mobil, Airstream, Freedom Caravans, Trigano SA, Swift Group, Nexus RV LLC, Northwood Manufacturing, Lunar Caravans Ltd., Triple E Recreational Vehicles, Bailey of Bristol, Hymer AG, Carthago Reisemobilbau GmbH, Bürstner GmbH & Co. KG, Laika Caravans S.p.A., Roller Team, Auto-Trail, ELDDIS TRANSPORT LIMITED.

Europe was the largest region in the caravans’ market in 2025. Europe is expected to be the fastest-growing region in the caravan market report during the forecast period. The regions covered in the caravans market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the caravans market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The caravan market consists of sales of motorhomes, folding caravans, tiny caravans, retro caravans, airstream trailers, and static caravans. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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