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.
Read More: https://www.thebusinessresearchcompany.com/report/camping-and-caravanning-global-market-report-2018
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.
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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