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Caravans Market Size

  • Report ID: 6045
  • Published Date: May 22, 2024
  • Report Format: PDF, PPT

Caravans Market Size

Caravans Market size was valued at USD 50 Billion in 2023 and is likely to exceed USD 91 Billion by the end of 2036, expanding at over 8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of caravans is evaluated at USD 62 Billion.

The reason behind the growth is the latest government initiatives to increase the tourism sector globally. 2020 has expanded by 3% to 4%, according to the most recent International Tourism Organization Confidence Index, which indicates cautious optimism, whereas, 47% of participants think tourism will do better in 2019 and 43% think it will perform at the same level.

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Author Credits:  Saima Khursheed


  • Report ID: 6045
  • Published Date: May 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of caravans was over USD 50 billion.

The market size for caravans is projected to cross USD 91 billion by the end of 2036 expanding at a CAGR of 8% during the forecast period i.e., between 2024-2036.

The major players in the market are Bürstner GmbH & Co. KG, Dethleffs GmbH & Co. KG, Forest River Inc., Knaus Tabbert AG, Triple E Recreational Vehicles, Swift Group Limited, Winnebago Industries Inc., Freedom Caravans, Laika Caravans SPA, CARAVAN Japan, Nissan Motor Co., Ltd., Meiji Corporation, Japan Campers, JAPAN C.R.C., JAPAN RV RENTAL, and others.

In terms of end-use, the B2B\Fleet Owner segment is anticipated to account for the largest market share of 70% during 2024-2036.

The North American caravans sector is poised to hold the highest share of 40% by 2036.
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