Caravanning Market Size To Reach $56.09 Billion By 2030

Caravanning Market Growth & Trends 

The global caravanning market size is anticipated to reach USD 56.09 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.6% from 2025 to 2030. The growing interest of younger generation towards caravanning is a prominent factor fueling the market growth. Apart from renting caravans, there are a large number of young people purchasing caravans.

Demand for caravanning is on the rise as more and more travelers look for freedom and convenience during their trip. Also, the cost-effective nature of caravanning as compared to the traditional vacationing is further contributing to its increased popularity. Recreational Vehicle Industry Association (RVIA) stated in their article dated 2018 that caravanning can save up to 64% costs for a four-person travel party, while it can save up to 53% for a two-person travel party.

The COVID-19 has negatively impacted the market. As lockdowns and strict travel restrictions were implemented by governments across the world amid the pandemic, the tourism industry came to a halt. The same was reflected upon the demand for caravanning which slumped amid the outbreak. The suspension of international flights halted the entry of international tourists and the caravanning demand from international travelers doomed.

However, as the stringent lockdowns have been removed, the demand for caravanning has again picked up pace. The phase after the pandemic is witnessing an increased influx of millennials and Gen Zers towards caravanning. Apart from the increased demand in the domestic caravan market after normalcy, the number of international tourists have been resurging again, with the number of total international tourists increasing by nearly three times in the first quarter of 2022, compared to Q1 2021. This has elevated the demand for caravanning greatly from the international tourists.

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Caravanning Market Report Highlights

• Caravan rentals accounted for a share of over 49% in 2024, driven by several key factors. These include a rising interest in outdoor leisure activities, the increasing popularity of eco-tourism, and overall expansion in the travel and tourism sector.

• Caravanning among domestic tourists accounted for a share of over 81% of the global market revenue in 2024, driven by a strong preference for local travel experiences.

• Direct booking accounted for a revenue share of over 55% in 2024. This trend reflects a significant consumer preference for booking directly with rental companies or caravan service providers, driven by the benefits of transparent pricing, personalized services, and loyalty programs.

• The caravanning market in Europe accounted for a share of over 42% of the global market in 2024, with countries like Germany, the UK, and France leading the charge.

Caravanning Market Segmentation

Grand View Research has segmented the global caravanning market on the basis of type, tourist type, booking mode, and region:

Caravanning Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Caravans

• Motor Caravan

• Others

Caravanning Tourist Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Domestic

• International

Caravanning Booking Mode Outlook (Revenue, USD Billion, 2018 - 2030)

• Direct Booking

• Travel Agents & Tour Operators

• Online Booking Marketplaces

Caravanning Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Netherlands

• Asia Pacific

  • China

  • India

  • Japan

  • Australia & New Zealand

• Latin America

  • Brazil

• Middle East & Africa

  • South Africa

  • UAE

List of Key Players of Caravanning Market

• Apollo RV Holidays

• Campervan North America LLC

• Cruise America

• Road Bear RV

• Britz

• Motohom

• Roadsurfer GmbH

• McRent

• Camperbug

• DRM