Activist countries

Global Caravanning Market Report 2022 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2030 – Shanghaiist

The global caravanning market, valued at US$52,652.11 billion in 2022, is expected to reach a value of US$81,595.97 billion in 2030, growing at a CAGR of 13.6%.

Global Caravanning Market – Overview

The increase in the historical period of caravanning has resulted from a cheaper alternative to traditional holidays, increasing disposable income, rapid technological advancements, an aging population and early retirement.

Growth has been limited by natural disasters and the availability of alternatives. But younger campers are more inclined towards green camping, with little or no impact on the environment.

Eco-camping consists of sites that maintain a low carbon footprint, use recycled rainwater, have their own renewable electricity supply, have a working farm on site, and use only local produce in their offers.

Additionally, eco camping includes tools such as biodegradable soap and toothpaste, rechargeable batteries, reusable bottles, biodegradable stove/grill and others. All these factors have fueled the caravanning market.

For Further Information, Download Free Sample Copy of Caravanning Market @ https://wemarketresearch.com/sample-request/caravanning-market/239/

Key market trends

Each market has its growth determinants and challenges. One of the major factors fueling the growth of the market is the increase in the number of millennial campers over the forecast period. The millennial population has boosted the global caravanning market. Millennials, also known as Generation Y, are young adults born between 1980 and 2004. Much of this population has shown an interest in camping, adventure activities and nature exploration, which which has boosted the growth of the market over the forecast period.

On the other hand, opposition from NGOs and green pace activists acted as a major drag on the growth of the market during the forecast period. Indeed, camping and outdoor recreational activities are usually practiced in national parks, sanctuaries or nearby areas.

Due to poor waste management and accidental fires in parks and camps, it is known to damage the environment and animal habitat. This has hampered the growth of the market over the forecast period.

Market segment analysis

Type-based

The domestic segment led the market growth over the forecast period.

Based on traveler’s age group

  • Below 30
  • 30-54
  • 55 and over

The 55+ segment led the market growth over the forecast period. Indeed, a large number of retirees, especially in developed regions, such as North America and Europe, go on vacation in caravans.

Europe is expected to expand at a considerable CAGR

The global caravanning market is segmented into 5 major regions, namely North America, Europe, Asia-Pacific, South America, Middle East and Africa. Among these, Europe led the market growth over the forecast period. This is due to the high disposable income and the huge popularity of tourism. In addition, European consumers spend a lot on holidays, which translates into higher spending on caravanning, which is very popular in the European region.

Competitive landscape

Some of the major companies operating in the market are

  • Bourne Leisure Holdings Limited
  • Palamos International
  • Campgrounds of America, Inc.
  • Selectcamp
  • Parkdean Resorts
  • Vacansoliel
  • Pierre & Holidays
  • hipcamp

Main questions answered by this report

  • What is the growth rate of the global caravanning market?
  • What are the main determinants of market growth?
  • What are the major regions that make up the geographical landscape of the market?
  • What are the major companies operating in the market?

Main lessons of the report

  • The global caravanning market is expected to grow at a CAGR of 13.6% during the forecast period.
  • The increase in the number of millennial campers over the forecast period is driving the progress of the market.
  • The above 55-year-old segment is poised to grow significantly over the forecast period.
  • Europe dominated the regional market sphere during the forecast period.

Caravanning Direct Buy Market Research Report @ https://wemarketresearch.com/purchase/caravanning-market/239/?license=single

About Us:

WE MARKET RESEARCH is an established market analysis and research company with domain experience spanning different industries. We have worked on multi-county market research since our inception. Over time since our existence, we have won accolades for our deep-rooted market research and insightful analysis of various markets.

Our strategic market analysis and ability to understand the deep cultural, conceptual and social aspects of various intertwined markets has helped us gain a foothold in the industry. WE MARKET RESEARCH is a pioneer in supporting many companies; both regionally and internationally to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of designing market strategies that ensure guaranteed customer bases for our clients.

Contact us:

We study the market
[email protected]
99 Wall Street #2124 New York, NY 10005
+1(929)-450-2887