Over the past five years, the Campgrounds and RV Parks industry has experienced steady growth. The industry is primarily driven by travel-related trends, as trips to campgrounds and RV parks are viewed as cost-efficient alternatives to traditional vacations. Though industry operators are expected to perform well over the next five years, several threats to industry growth remain. For example, if the US dollar appreciates, international travel becomes more attractive for US residents, generating competition for industry operators. One promising trend is the potential of gas prices remaining low. This represents an opportunity to the industry, as RV and campground patrons are often required to travel to their destinations via automobile.
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 but commonly provide access to facilities such as washrooms, laundry rooms, recreation halls and playgrounds.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.