Recreational Vehicle Market Size

Recreational Vehicle Market size was over USD 50.49 billion in 2024 and is anticipated to cross USD 85.13 billion by 2037, growing at more than 4.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of recreational vehicle is estimated at USD 52.15 billion.

The market is expanding due to the surge in consumer spending on tourism and camping activities. According to a report by Eurostat, an estimated USD 514 billion was spent on travel by EU citizens in 2022, with foreign travel accounting for 53% of the total. Therefore, the demand for recreational vehicles is growing as more and more people seek out travel experiences that are interactive. These flexible vehicles, in line with the changing preferences of modern passengers, offer a blend of comfort, convenience, and mobility.