Global Caravan And Motorhome Market Overview

The Caravan And Motorhome Market was valued at USD 44.57 billion in 2021. It is expected to reach USD 77.38 billion in 2028, registering a CAGR of 8.2% during the forecast period 2022-2028.

Caravans are most commonly utilized for temporary accommodation when traveling. Besides, most people use them as their main residence due to benefits, such as easily towable units, low fuel consumption, lower maintenance and insurance costs, and depreciation value. The growth in travel schemes and the cost-effectiveness provided over other modes of travel are motivating customers to purchase recreational vehicles (RVs). This trend is witnessed in various geographical areas as the registration of caravans is increasing. Furthermore, the capacity of an RV to be customized at ease is stimulating RV's technological trends at enormous speed. The smart home system in RVs is one of the important factors in deciding the customer's choice. Camping and traveling are growing being famous among millennials, as a part of recreational activity. For instance, millennials record for two-fifths of the total number of campers over the globe. Such popularity of camping between millennials is driving the acceptance of RVs. For instance, according to Thor Industries Inc., the company observed a 21.18% growth in the purchase of Thor traveller trailers from millennials between the year 2021-2027.

Market Dynamics and Factor:

Drivers:

Increasing registration of caravans and motorhomes

The year 2020 witnessed a decent number of registrations for caravans and motorhomes around the world, especially in North America and Europe. Countries such as Germany, the United States, France, and the United Kingdom witnessed an increase in registration compared to the previous year, despite the COVID-19 pandemic.

Over the coming years, caravan and motorhome sales are likely to continue to benefit from the COVID-19 travel restrictions as international tourism will take time to get into the pre-pandemic state. In addition, the increasing trend toward recreational trips and preference for cheaper private travel is anticipated to drive the sales of caravans and motorhomes during the forecast period.

An increasing number of HNWI and millennials

The increasing working population stands as a massive factor for increased per capita income. Consequently, many HNWI (High Net Worth Individuals) spending on recreational activities, such as traveling and camping are witnessing a consistent increase across the world. The United States is the world's largest economy and is home to the majority of HNWI of the world. China, being the world's largest population, coupled with the continuously growing economy, with tremendous business opportunities in the country, are huge factors for the larger number of HNWI in the country. With the increasing per capita income and increase in the number of HNWI, the average spending on recreational activities, such as traveling and camping, is witnessing a consistent increase across the world. Thus, an increasing number of HNWIs and millennials are expected to drive the market during the forecast period.

Restraints:

Caravans and Motorhomes are markedly expensive to purchase, owing to which a large population is unable to afford them which has hampered the market growth over the forecast period. However, the availability of rental key players is attracting customers who have budget constraints and customers not willing to invest in the purchase of a new vehicle.

Opportunities:

In recent times, foldable technology has also been gaining momentum. For instance, OPUS Camper makes standard and off-road campers with folding aluminium frames that are light enough to be towed by many small and midsize trucks and SUVs. The general trailer weighs 1,577 pounds and is less than 4 feet tall when closed, which boosts visibility. Once opened, the trailer provides a tent with 8 feet of ceiling height and enough space for a large family, and choices such as bike and kayak carriers, a toilet, and a solar-powered shower are accessible.

Self-driving motor vehicles have been an anticipated breakthrough across the world. Self-driving towable vehicles were showcased by Dethleffs. The caravan was using an electrified trailer axle to boost the towing capacity and efficiency of the tow vehicle. The dual 40-kW motors powered the trailer to cut its effective weight, allowing smaller vehicles with the limited towing capacity to hitch up and tow it to camp. With help from roof-mounted solar panels, the chassis-mounted 80-kWh lithium battery pack could also serve as an energy source at camp and home.

COVID-19 Impact Analysis of Caravan And Motorhome Market

With the outbreak of the pandemic COVID-19, the demand for recreational vehicles has witnessed a surge in demand. Moreover, with the ease of lockdown measures globally, people are willing to go camping activities for relaxation. This trend has been witnessed by various RV sellers and rental companies over the globe and is expected to continue during the forecast period.

Market Segmentation

Segmentation Insights:

Based On Product Type In A Caravan.

The travel trailers segment of the market studied was valued at USD 17.68 billion in 2020. Travel trailers are large containers built on top of a standard trailer frame. These trailers have ample living space, with amenities similar to that of a house. For example, these vehicles have a kitchen, water supply, bathroom, and refrigerator, depending on the size of the trailer. Another interesting feature of these trailers is that they can be expanded after they are detached from the vehicle and can provide extra leg space to the traveller. Although they offer many amenities, maneuvering could be one of the problems. A fifth-wheel trailer is quite similar to a travel trailer, with the major exception of a gooseneck connector. The gooseneck attaches to the tow vehicle, making towing much simpler. Along with this extra maneuverability, the gooseneck provides extra space, which can be used for multiple purposes. It also provides a better connection to the vehicle than the ball hitches used in other types of trailers.

Based On Product Type In The Motorhome

The Type A motorhomes (otherwise called conventional motorhomes) have a specially designed motor vehicle chassis that is spacious and well-equipped for the comfortable living of up to six people. These motorhomes come with home-like amenities, such as centralized heating and air conditioning systems, kitchens, bathrooms, and living areas with entertainment centers. The size of these motorhomes typically ranges between 21 ft to 45 ft, and they are powered by either diesel or gasoline engines. The registration of motorhomes increased in 2020 over 2019, compared to caravan figures, which is expected to drive the Type A segment of the market in the future. The Type B motorhomes (otherwise called camper vans) are built around automotive vans or panel trucks. Due to their smaller size, they can be used for an everyday drive. The rising demand for Type B recreational vehicles combines with its practicability for daily use is expected to drive the market growth for the Type B segment during the forecast period.

Based On End-User

The direct buyer's segment includes revenue generated from the sale of motorhomes directly to individuals. The direct buyer's segment accounted for the major share of the market in 2020. The segmental growth is primarily driven by the increasing per capita income of individuals across the world. The growth of the fleet owner segment is primarily driven by an increasing preference for rental motorhomes across the world. The lower cost expenditure and the increasing availability of RV rental services are driving the adoption of RV rental. Amid the COVID-19 pandemic, many individuals across the world preferred motorhomes and caravans as their mode of transport while camping and vacations. Many individuals preferred renting a motorhome or caravan instead of purchasing one. This is expected to drive the fleet owner segment of the market during the forecast period.

Regional Insights:

Motorhomes are witnessing significant growth in demand across the world, especially from European countries. The German caravan and motorhome market accounted for USD 8.37 billion in 2020 and registering a high CAGR during the forecast period. Buyers are placing value on more comfort and features. Mobile applications linked to the vehicle, with details, like the level of water and gas in tanks and battery capacity, are becoming popular. However, due to COVID-19, the growth of caravans and motorhomes in the country experienced a setback, as the production halted, affecting the overall growth of the year. In 2020, Europe accounted for a major share of the global caravan and motorhome market due to the higher number of motorhomes sold when compared to North America.

The increasing number of HNWIs coupled with the availability of widespread parking areas for RVs are driving their adoption in the North American region. In addition, lower fuel prices than Europe and Asia-Pacific and the increasing per capita income in countries across the Rest of North America are driving the adoption of caravans and motorhomes.

In the Asia Pacific region, with the growing market for caravan and motorhomes, the Chinese market is growing with a higher growth rate compared to other parts of the world. The motorhome manufacturers in the country are not only fulfilling the local demand but also the overseas demand.

Key Industry Developments

In May 2021, East to West, a new division of Forest River inc., is ready to launch its brand-new line of travel trailers, Della Terra, at the 11th annual Forest River Product Expo. With focusing on high-quality, value-added products with a limited number of floorplans, also one colour scheme, and a higher selection of standards of the new brand.

In April 2021, Jayco Inc. declared to introduce new Customer Experience Software tools all over the divisions, such as Jayco, Entegra Coach, Highland Ridge, and StarCraft. The application of the new tool Qualtric Software to supply real-time customer experience data accessible anytime, anywhere.

Players Covered in Caravan And Motorhome market are :

Global Caravan And Motorhome Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 44.57 Bn.

Forecast Period 2022-28 CAGR:

8.2%

Market Size in 2028:

USD 77.38 Bn.

Segments Covered:

By Caravan Type

  • Travel Trailers
  • Fifth-wheel Trailers
  • Folding Camp Trailers
  • Truck Campers

By Motorhome Type

  • Plastic
  • Metal
  • Aluminium
  • Paperboard
  • Molded Fibers
  • Others

By End User

  • Direct Buyers
  • Fleet Owners

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • The Increase in Travel Activities and The Cost Benefits Offered Over Other Modes of Travel

Key Market Restraints:

  • Expensive to Purchase Hampering Market Growth

Key Opportunities:

  • Novel Technology and Developments Creates the Opportunities

Companies Covered in the report:

  • Thor Industries Inc., Swift Group, Forest River Inc., Winnebago Industries Inc., Burstner GmbH & Co. KG, and Other major players.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Product Type
 3.2 By End-User

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  3.5.1 Drivers
  3.5.2 Restraints
  3.5.3 Opportunities
  3.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 4: Caravan And Motorhome Market by Product Type
 4.1 Caravan And Motorhome Market Overview Snapshot and Growth Engine
 4.2 Caravan And Motorhome Market Overview
 4.3 Caravan
    
     Travel Trailers
     Fifth-Wheel Trailers
     Folding Camp Trailers
     Truck Campers
    
     (Travel Trailers
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size (2016-2028F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Caravan
    
     Travel Trailers
     Fifth-Wheel Trailers
     Folding Camp Trailers
     Truck Campers
    
     (Travel Trailers: Grographic Segmentation
 4.4 Fifth-Wheel Trailers
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size (2016-2028F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Fifth-Wheel Trailers: Grographic Segmentation
 4.5 Folding Camp Trailers
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size (2016-2028F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Folding Camp Trailers: Grographic Segmentation
 4.6 Truck Campers)
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size (2016-2028F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Truck Campers) : Grographic Segmentation
 4.7 Travel Trailers
  4.7.1 Introduction and Market Overview
  4.7.2 Historic and Forecasted Market Size (2016-2028F)
  4.7.3 Key Market Trends, Growth Factors and Opportunities
  4.7.4 Travel Trailers: Grographic Segmentation
 4.8 Fifth-Wheel Trailers
  4.8.1 Introduction and Market Overview
  4.8.2 Historic and Forecasted Market Size (2016-2028F)
  4.8.3 Key Market Trends, Growth Factors and Opportunities
  4.8.4 Fifth-Wheel Trailers: Grographic Segmentation
 4.9 Folding Camp Trailers
  4.9.1 Introduction and Market Overview
  4.9.2 Historic and Forecasted Market Size (2016-2028F)
  4.9.3 Key Market Trends, Growth Factors and Opportunities
  4.9.4 Folding Camp Trailers: Grographic Segmentation
 4.10 Truck Campers
  4.10.1 Introduction and Market Overview
  4.10.2 Historic and Forecasted Market Size (2016-2028F)
  4.10.3 Key Market Trends, Growth Factors and Opportunities
  4.10.4 Truck Campers: Grographic Segmentation
 4.11 Motorhome
    
     Type A
     Type B
     Type C
    
     (Type A
  4.11.1 Introduction and Market Overview
  4.11.2 Historic and Forecasted Market Size (2016-2028F)
  4.11.3 Key Market Trends, Growth Factors and Opportunities
  4.11.4 Motorhome
    
     Type A
     Type B
     Type C
    
     (Type A: Grographic Segmentation
 4.12 Type B
  4.12.1 Introduction and Market Overview
  4.12.2 Historic and Forecasted Market Size (2016-2028F)
  4.12.3 Key Market Trends, Growth Factors and Opportunities
  4.12.4 Type B: Grographic Segmentation
 4.13 Type C)
  4.13.1 Introduction and Market Overview
  4.13.2 Historic and Forecasted Market Size (2016-2028F)
  4.13.3 Key Market Trends, Growth Factors and Opportunities
  4.13.4 Type C) : Grographic Segmentation
 4.14 Type A
  4.14.1 Introduction and Market Overview
  4.14.2 Historic and Forecasted Market Size (2016-2028F)
  4.14.3 Key Market Trends, Growth Factors and Opportunities
  4.14.4 Type A: Grographic Segmentation
 4.15 Type B
  4.15.1 Introduction and Market Overview
  4.15.2 Historic and Forecasted Market Size (2016-2028F)
  4.15.3 Key Market Trends, Growth Factors and Opportunities
  4.15.4 Type B: Grographic Segmentation
 4.16 Type C
  4.16.1 Introduction and Market Overview
  4.16.2 Historic and Forecasted Market Size (2016-2028F)
  4.16.3 Key Market Trends, Growth Factors and Opportunities
  4.16.4 Type C: Grographic Segmentation

Chapter 5: Caravan And Motorhome Market by End-User
 5.1 Caravan And Motorhome Market Overview Snapshot and Growth Engine
 5.2 Caravan And Motorhome Market Overview
 5.3 Direct Buyer
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Direct Buyer: Grographic Segmentation
 5.4 And Fleet Owner
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 And Fleet Owner: Grographic Segmentation

Chapter 6: Company Profiles and Competitive Analysis
 6.1 Competitive Landscape
  6.1.1 Competitive Positioning
  6.1.2 Caravan And Motorhome Sales and Market Share By Players
  6.1.3 Industry BCG Matrix
  6.1.4 Ansoff Matrix
  6.1.5 Caravan And Motorhome Industry Concentration Ratio (CR5 and HHI)
  6.1.6 Top 5 Caravan And Motorhome Players Market Share
  6.1.7 Mergers and Acquisitions
  6.1.8 Business Strategies By Top Players
 6.2 THOR INDUSTRIES INC.
  6.2.1 Company Overview
  6.2.2 Key Executives
  6.2.3 Company Snapshot
  6.2.4 Operating Business Segments
  6.2.5 Product Portfolio
  6.2.6 Business Performance
  6.2.7 Key Strategic Moves and Recent Developments
  6.2.8 SWOT Analysis
 6.3 SWIFT GROUP
 6.4 FOREST RIVER INC.
 6.5 WINNEBAGO INDUSTRIES INC.
 6.6 BURSTNER GMBH & CO. KG
 6.7 TRIPLE E RECREATIONAL VEHICLES
 6.8 HYMER GMBH & CO. KG
 6.9 JAYCO INC.
 6.10 DETHLEFFS GMBH & CO. KG
 6.11 KNAUS TABBERT AG
 6.12 TRIGANO SA

Chapter 7: Global Caravan And Motorhome Market Analysis, Insights and Forecast, 2016-2028
 7.1 Market Overview
 7.2 Historic and Forecasted Market Size By Product Type
  7.2.1 Caravan
    
     Travel Trailers
     Fifth-Wheel Trailers
     Folding Camp Trailers
     Truck Campers
    
     (Travel Trailers
  7.2.2 Fifth-Wheel Trailers
  7.2.3 Folding Camp Trailers
  7.2.4 Truck Campers)
  7.2.5 Travel Trailers
  7.2.6 Fifth-Wheel Trailers
  7.2.7 Folding Camp Trailers
  7.2.8 Truck Campers
  7.2.9 Motorhome
    
     Type A
     Type B
     Type C
    
     (Type A
  7.2.10 Type B
  7.2.11 Type C)
  7.2.12 Type A
  7.2.13 Type B
  7.2.14 Type C
 7.3 Historic and Forecasted Market Size By End-User
  7.3.1 Direct Buyer
  7.3.2 And Fleet Owner

Chapter 8: North America Caravan And Motorhome Market Analysis, Insights and Forecast, 2016-2028
 8.1 Key Market Trends, Growth Factors and Opportunities
 8.2 Impact of Covid-19
 8.3 Key Players
 8.4 Key Market Trends, Growth Factors and Opportunities
 8.4 Historic and Forecasted Market Size By Product Type
  8.4.1 Caravan
    
     Travel Trailers
     Fifth-Wheel Trailers
     Folding Camp Trailers
     Truck Campers
    
     (Travel Trailers
  8.4.2 Fifth-Wheel Trailers
  8.4.3 Folding Camp Trailers
  8.4.4 Truck Campers)
  8.4.5 Travel Trailers
  8.4.6 Fifth-Wheel Trailers
  8.4.7 Folding Camp Trailers
  8.4.8 Truck Campers
  8.4.9 Motorhome
    
     Type A
     Type B
     Type C
    
     (Type A
  8.4.10 Type B
  8.4.11 Type C)
  8.4.12 Type A
  8.4.13 Type B
  8.4.14 Type C
 8.5 Historic and Forecasted Market Size By End-User
  8.5.1 Direct Buyer
  8.5.2 And Fleet Owner
 8.6 Historic and Forecast Market Size by Country
  8.6.1 U.S.
  8.6.2 Canada
  8.6.3 Mexico

Chapter 9: Europe Caravan And Motorhome Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Product Type
  9.4.1 Caravan
    
     Travel Trailers
     Fifth-Wheel Trailers
     Folding Camp Trailers
     Truck Campers
    
     (Travel Trailers
  9.4.2 Fifth-Wheel Trailers
  9.4.3 Folding Camp Trailers
  9.4.4 Truck Campers)
  9.4.5 Travel Trailers
  9.4.6 Fifth-Wheel Trailers
  9.4.7 Folding Camp Trailers
  9.4.8 Truck Campers
  9.4.9 Motorhome
    
     Type A
     Type B
     Type C
    
     (Type A
  9.4.10 Type B
  9.4.11 Type C)
  9.4.12 Type A
  9.4.13 Type B
  9.4.14 Type C
 9.5 Historic and Forecasted Market Size By End-User
  9.5.1 Direct Buyer
  9.5.2 And Fleet Owner
 9.6 Historic and Forecast Market Size by Country
  9.6.1 Germany
  9.6.2 U.K.
  9.6.3 France
  9.6.4 Italy
  9.6.5 Russia
  9.6.6 Spain

Chapter 10: Asia-Pacific Caravan And Motorhome Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Product Type
  10.4.1 Caravan
    
     Travel Trailers
     Fifth-Wheel Trailers
     Folding Camp Trailers
     Truck Campers
    
     (Travel Trailers
  10.4.2 Fifth-Wheel Trailers
  10.4.3 Folding Camp Trailers
  10.4.4 Truck Campers)
  10.4.5 Travel Trailers
  10.4.6 Fifth-Wheel Trailers
  10.4.7 Folding Camp Trailers
  10.4.8 Truck Campers
  10.4.9 Motorhome
    
     Type A
     Type B
     Type C
    
     (Type A
  10.4.10 Type B
  10.4.11 Type C)
  10.4.12 Type A
  10.4.13 Type B
  10.4.14 Type C
 10.5 Historic and Forecasted Market Size By End-User
  10.5.1 Direct Buyer
  10.5.2 And Fleet Owner
 10.6 Historic and Forecast Market Size by Country
  10.6.1 China
  10.6.2 India
  10.6.3 Japan
  10.6.4 Southeast Asia

Chapter 11: South America Caravan And Motorhome Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Product Type
  11.4.1 Caravan
    
     Travel Trailers
     Fifth-Wheel Trailers
     Folding Camp Trailers
     Truck Campers
    
     (Travel Trailers
  11.4.2 Fifth-Wheel Trailers
  11.4.3 Folding Camp Trailers
  11.4.4 Truck Campers)
  11.4.5 Travel Trailers
  11.4.6 Fifth-Wheel Trailers
  11.4.7 Folding Camp Trailers
  11.4.8 Truck Campers
  11.4.9 Motorhome
    
     Type A
     Type B
     Type C
    
     (Type A
  11.4.10 Type B
  11.4.11 Type C)
  11.4.12 Type A
  11.4.13 Type B
  11.4.14 Type C
 11.5 Historic and Forecasted Market Size By End-User
  11.5.1 Direct Buyer
  11.5.2 And Fleet Owner
 11.6 Historic and Forecast Market Size by Country
  11.6.1 Brazil
  11.6.2 Argentina

Chapter 12: Middle East & Africa Caravan And Motorhome Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Product Type
  12.4.1 Caravan
    
     Travel Trailers
     Fifth-Wheel Trailers
     Folding Camp Trailers
     Truck Campers
    
     (Travel Trailers
  12.4.2 Fifth-Wheel Trailers
  12.4.3 Folding Camp Trailers
  12.4.4 Truck Campers)
  12.4.5 Travel Trailers
  12.4.6 Fifth-Wheel Trailers
  12.4.7 Folding Camp Trailers
  12.4.8 Truck Campers
  12.4.9 Motorhome
    
     Type A
     Type B
     Type C
    
     (Type A
  12.4.10 Type B
  12.4.11 Type C)
  12.4.12 Type A
  12.4.13 Type B
  12.4.14 Type C
 12.5 Historic and Forecasted Market Size By End-User
  12.5.1 Direct Buyer
  12.5.2 And Fleet Owner
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Saudi Arabia
  12.6.2 South Africa

Chapter 13 Investment Analysis

Chapter 14 Analyst Viewpoint and Conclusion

Global Caravan And Motorhome Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 44.57 Bn.

Forecast Period 2022-28 CAGR:

8.2%

Market Size in 2028:

USD 77.38 Bn.

Segments Covered:

By Caravan Type

  • Travel Trailers
  • Fifth-wheel Trailers
  • Folding Camp Trailers
  • Truck Campers

By Motorhome Type

  • Plastic
  • Metal
  • Aluminium
  • Paperboard
  • Molded Fibers
  • Others

By End User

  • Direct Buyers
  • Fleet Owners

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • The Increase in Travel Activities and The Cost Benefits Offered Over Other Modes of Travel

Key Market Restraints:

  • Expensive to Purchase Hampering Market Growth

Key Opportunities:

  • Novel Technology and Developments Creates the Opportunities

Companies Covered in the report:

  • Thor Industries Inc., Swift Group, Forest River Inc., Winnebago Industries Inc., Burstner GmbH & Co. KG, and Other major players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. CARAVAN AND MOTORHOME MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. CARAVAN AND MOTORHOME MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. CARAVAN AND MOTORHOME MARKET COMPETITIVE RIVALRY
TABLE 005. CARAVAN AND MOTORHOME MARKET THREAT OF NEW ENTRANTS
TABLE 006. CARAVAN AND MOTORHOME MARKET THREAT OF SUBSTITUTES
TABLE 007. CARAVAN AND MOTORHOME MARKET BY PRODUCT TYPE
TABLE 008. CARAVAN
    
     TRAVEL TRAILERS
     FIFTH-WHEEL TRAILERS
     FOLDING CAMP TRAILERS
     TRUCK CAMPERS
    
     (TRAVEL TRAILERS MARKET OVERVIEW (2016-2028)
TABLE 009. FIFTH-WHEEL TRAILERS MARKET OVERVIEW (2016-2028)
TABLE 010. FOLDING CAMP TRAILERS MARKET OVERVIEW (2016-2028)
TABLE 011. TRUCK CAMPERS) MARKET OVERVIEW (2016-2028)
TABLE 012. TRAVEL TRAILERS MARKET OVERVIEW (2016-2028)
TABLE 013. FIFTH-WHEEL TRAILERS MARKET OVERVIEW (2016-2028)
TABLE 014. FOLDING CAMP TRAILERS MARKET OVERVIEW (2016-2028)
TABLE 015. TRUCK CAMPERS MARKET OVERVIEW (2016-2028)
TABLE 016. MOTORHOME
    
     TYPE A
     TYPE B
     TYPE C
    
     (TYPE A MARKET OVERVIEW (2016-2028)
TABLE 017. TYPE B MARKET OVERVIEW (2016-2028)
TABLE 018. TYPE C) MARKET OVERVIEW (2016-2028)
TABLE 019. TYPE A MARKET OVERVIEW (2016-2028)
TABLE 020. TYPE B MARKET OVERVIEW (2016-2028)
TABLE 021. TYPE C MARKET OVERVIEW (2016-2028)
TABLE 022. CARAVAN AND MOTORHOME MARKET BY END-USER
TABLE 023. DIRECT BUYER MARKET OVERVIEW (2016-2028)
TABLE 024. AND FLEET OWNER MARKET OVERVIEW (2016-2028)
TABLE 025. NORTH AMERICA CARAVAN AND MOTORHOME MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 026. NORTH AMERICA CARAVAN AND MOTORHOME MARKET, BY END-USER (2016-2028)
TABLE 027. N CARAVAN AND MOTORHOME MARKET, BY COUNTRY (2016-2028)
TABLE 028. EUROPE CARAVAN AND MOTORHOME MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 029. EUROPE CARAVAN AND MOTORHOME MARKET, BY END-USER (2016-2028)
TABLE 030. CARAVAN AND MOTORHOME MARKET, BY COUNTRY (2016-2028)
TABLE 031. ASIA PACIFIC CARAVAN AND MOTORHOME MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 032. ASIA PACIFIC CARAVAN AND MOTORHOME MARKET, BY END-USER (2016-2028)
TABLE 033. CARAVAN AND MOTORHOME MARKET, BY COUNTRY (2016-2028)
TABLE 034. MIDDLE EAST & AFRICA CARAVAN AND MOTORHOME MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 035. MIDDLE EAST & AFRICA CARAVAN AND MOTORHOME MARKET, BY END-USER (2016-2028)
TABLE 036. CARAVAN AND MOTORHOME MARKET, BY COUNTRY (2016-2028)
TABLE 037. SOUTH AMERICA CARAVAN AND MOTORHOME MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 038. SOUTH AMERICA CARAVAN AND MOTORHOME MARKET, BY END-USER (2016-2028)
TABLE 039. CARAVAN AND MOTORHOME MARKET, BY COUNTRY (2016-2028)
TABLE 040. THOR INDUSTRIES INC.: SNAPSHOT
TABLE 041. THOR INDUSTRIES INC.: BUSINESS PERFORMANCE
TABLE 042. THOR INDUSTRIES INC.: PRODUCT PORTFOLIO
TABLE 043. THOR INDUSTRIES INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. SWIFT GROUP: SNAPSHOT
TABLE 044. SWIFT GROUP: BUSINESS PERFORMANCE
TABLE 045. SWIFT GROUP: PRODUCT PORTFOLIO
TABLE 046. SWIFT GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. FOREST RIVER INC.: SNAPSHOT
TABLE 047. FOREST RIVER INC.: BUSINESS PERFORMANCE
TABLE 048. FOREST RIVER INC.: PRODUCT PORTFOLIO
TABLE 049. FOREST RIVER INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. WINNEBAGO INDUSTRIES INC.: SNAPSHOT
TABLE 050. WINNEBAGO INDUSTRIES INC.: BUSINESS PERFORMANCE
TABLE 051. WINNEBAGO INDUSTRIES INC.: PRODUCT PORTFOLIO
TABLE 052. WINNEBAGO INDUSTRIES INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. BURSTNER GMBH & CO. KG: SNAPSHOT
TABLE 053. BURSTNER GMBH & CO. KG: BUSINESS PERFORMANCE
TABLE 054. BURSTNER GMBH & CO. KG: PRODUCT PORTFOLIO
TABLE 055. BURSTNER GMBH & CO. KG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. TRIPLE E RECREATIONAL VEHICLES: SNAPSHOT
TABLE 056. TRIPLE E RECREATIONAL VEHICLES: BUSINESS PERFORMANCE
TABLE 057. TRIPLE E RECREATIONAL VEHICLES: PRODUCT PORTFOLIO
TABLE 058. TRIPLE E RECREATIONAL VEHICLES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. HYMER GMBH & CO. KG: SNAPSHOT
TABLE 059. HYMER GMBH & CO. KG: BUSINESS PERFORMANCE
TABLE 060. HYMER GMBH & CO. KG: PRODUCT PORTFOLIO
TABLE 061. HYMER GMBH & CO. KG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. JAYCO INC.: SNAPSHOT
TABLE 062. JAYCO INC.: BUSINESS PERFORMANCE
TABLE 063. JAYCO INC.: PRODUCT PORTFOLIO
TABLE 064. JAYCO INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. DETHLEFFS GMBH & CO. KG: SNAPSHOT
TABLE 065. DETHLEFFS GMBH & CO. KG: BUSINESS PERFORMANCE
TABLE 066. DETHLEFFS GMBH & CO. KG: PRODUCT PORTFOLIO
TABLE 067. DETHLEFFS GMBH & CO. KG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. KNAUS TABBERT AG: SNAPSHOT
TABLE 068. KNAUS TABBERT AG: BUSINESS PERFORMANCE
TABLE 069. KNAUS TABBERT AG: PRODUCT PORTFOLIO
TABLE 070. KNAUS TABBERT AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. TRIGANO SA: SNAPSHOT
TABLE 071. TRIGANO SA: BUSINESS PERFORMANCE
TABLE 072. TRIGANO SA: PRODUCT PORTFOLIO
TABLE 073. TRIGANO SA: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. CARAVAN AND MOTORHOME MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. CARAVAN AND MOTORHOME MARKET OVERVIEW BY PRODUCT TYPE
FIGURE 012. CARAVAN
    
     TRAVEL TRAILERS
     FIFTH-WHEEL TRAILERS
     FOLDING CAMP TRAILERS
     TRUCK CAMPERS
    
     (TRAVEL TRAILERS MARKET OVERVIEW (2016-2028)
FIGURE 013. FIFTH-WHEEL TRAILERS MARKET OVERVIEW (2016-2028)
FIGURE 014. FOLDING CAMP TRAILERS MARKET OVERVIEW (2016-2028)
FIGURE 015. TRUCK CAMPERS) MARKET OVERVIEW (2016-2028)
FIGURE 016. TRAVEL TRAILERS MARKET OVERVIEW (2016-2028)
FIGURE 017. FIFTH-WHEEL TRAILERS MARKET OVERVIEW (2016-2028)
FIGURE 018. FOLDING CAMP TRAILERS MARKET OVERVIEW (2016-2028)
FIGURE 019. TRUCK CAMPERS MARKET OVERVIEW (2016-2028)
FIGURE 020. MOTORHOME
    
     TYPE A
     TYPE B
     TYPE C
    
     (TYPE A MARKET OVERVIEW (2016-2028)
FIGURE 021. TYPE B MARKET OVERVIEW (2016-2028)
FIGURE 022. TYPE C) MARKET OVERVIEW (2016-2028)
FIGURE 023. TYPE A MARKET OVERVIEW (2016-2028)
FIGURE 024. TYPE B MARKET OVERVIEW (2016-2028)
FIGURE 025. TYPE C MARKET OVERVIEW (2016-2028)
FIGURE 026. CARAVAN AND MOTORHOME MARKET OVERVIEW BY END-USER
FIGURE 027. DIRECT BUYER MARKET OVERVIEW (2016-2028)
FIGURE 028. AND FLEET OWNER MARKET OVERVIEW (2016-2028)
FIGURE 029. NORTH AMERICA CARAVAN AND MOTORHOME MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. EUROPE CARAVAN AND MOTORHOME MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 031. ASIA PACIFIC CARAVAN AND MOTORHOME MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 032. MIDDLE EAST & AFRICA CARAVAN AND MOTORHOME MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 033. SOUTH AMERICA CARAVAN AND MOTORHOME MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Caravan And Motorhome Market research report?

The forecast period in the Caravan And Motorhome Market research report is 2022-2028.

Who are the key players in Caravan And Motorhome Market?

Thor Industries Inc., Swift Group, Forest River Inc., Winnebago Industries Inc., Burstner GmbH & Co. KG, Triple E Recreational Vehicles, Hymer GmbH & Co. KG, Jayco Inc., Dethleffs GmbH & Co. KG, Knaus Tabbert AG, Trigano SA and other major players.

What are the segments of the Caravan And Motorhome Market?

The Caravan And Motorhome Market is segmented into Caravan Type, Motorhome Type, End User, and region. By Caravan Type, the market is categorized into Travel Trailers, Fifth-wheel Trailers, Folding Camp Trailers, Truck Campers. By Motorhome Type, the market is categorized into Plastic, Metal, Aluminium, Paperboard, Molded Fibers, Others. By End User, the market is categorized into Direct Buyers, Fleet Owners. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Caravan And Motorhome Market?

Caravans are most commonly utilized for temporary accommodation when traveling. Besides, most people use them as their main residence due to benefits, such as easily towable units, low fuel consumption, lower maintenance and insurance costs, and depreciation value. The growth in travel schemes and the cost-effectiveness provided over other modes of travel are motivating customers to purchase recreational vehicles (RVs).

How big is the Caravan And Motorhome Market?

The Caravan And Motorhome Market was valued at USD 44.57 billion in 2021. It is expected to reach USD 77.38 billion in 2028, registering a CAGR of 8.2% during the forecast period 2022-2028.