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Insights on the Camping and Caravanning Global Market to 2030 - Identify Growth Segments for Investment - ResearchAndMarkets.com
February 19, 2021 GMT
DUBLIN (BUSINESS WIRE) Feb 19, 2021
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The global camping and caravanning market is expected to grow from $39.85 billion in 2020 to $45.07 billion in 2021 at a compound annual growth rate (CAGR) of 13.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $56.6 billion in 2025 at a CAGR of 6%.