Outdoor Hospitality News
For Campground & RV Park Owners

News for October 23, 2021

A $68.1 Billion Global Opportunity for Recreational Vehicles by 2026 – New Research from StrategyR

Share this article

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on email

A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Recreational Vehicles – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. The following is their press release.

This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry

ABSTRACT

Global Recreational Vehicles Market to Reach $68.1 Billion by 2026
Amid the COVID-19 crisis, the global market for Recreational Vehicles estimated at US$57.5 Billion in the year 2020, is projected to reach a revised size of US$68.1 Billion by 2026, growing at a CAGR of 2.7% over the analysis period. Towable, one of the segments analyzed in the report, is projected to record a 2.8% CAGR and reach US$51.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Motorhomes segment is readjusted to a revised 2.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $17.6 Billion in 2021, While China is Forecast to Reach $12.1 Billion by 2026.

The Recreational Vehicles market in the U.S. is estimated at US$17.6 Billion in the year 2021. China, the world`s second-largest economy, is forecast to reach a projected market size of US$12.1 Billion by the year 2026 trailing a CAGR of 2.5% over the analysis period.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.

MarketGlass™ Platform
Our MarketGlass™ Platform is a free full-stack knowledge center that is custom configurable to today`s busy business executive`s intelligence needs! This influencer-driven interactive research platform is at the core of our primary research engagements and draws from the unique perspectives of participating executives worldwide. Features include – enterprise-wide peer-to-peer collaborations; research program previews relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke report generation; monitor market trends; competitive brands; create & publish blogs & podcasts using our primary and secondary content; track domain events worldwide; and much more. Client companies will have complete insider access to the project data stacks. Currently in use by 67,000+ domain experts worldwide.

Our platform is free for qualified executives and is accessible from our website www.StrategyR.com or via our just-released mobile application on iOS or Android

About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer-driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

Share this article

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on email
Modern Campground

Modern Campground

Modern Campground is the most innovative news source in the Outdoor Hospitality industry. We provide global news coverage for RV Park and Campground owners, operators, managers, and their team members.
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Connect on Social Media
MC Fireside Chats
Latest Outdoor Hospitality News
BCLCA Ideas Forum 2021 Was a Resounding Success
New Family-Friendly Winter Business Coming To South Lake Tahoe Campground
Solar-Powered RV Wraps Up First Journey
Business As Usual for Most Snowbirds, Despite Ongoing Pandemic
Winter Camping Season In Qatar Brings Campers Close To Nature

Stay Updated
Outdoor Hospitality News