$10.7bn
$X.Xbn
54,130
15,276
$X.Xbn
Pent-up demand and a desire to reconnect with nature have driven consumers to campgrounds and RV parks over the past five years. The COVID-19 pandemic fueled a new generation of campers using work-from-home policies to travel domestically. The influx of new campers has increased demand for luxury facilities and amenities often provided by competing rental properties and hotels. Campsites and RV park owners have responded to shifting consumer preferences by constructing yurts, glamping tents, pools and spas. Over the past five years, revenue has increased at a CAGR of 3.1% to $10.7 billion, including a 1.4% boost in 2024 alone.
Industry revenue has grown at a CAGR of 3.1 % over the past five years, to reach an estimated $10.7bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Equity Lifestyle Properties, Inc. | 458.5 | 144.8 | 31.6 | |
Target Hospitality Corp. | 403.4 | 105.8 | 26.2 | |
Sun Communities, Inc. | 233.8 | 79.4 | 34.0 |
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Campgrounds & RV Parks in the US
Industry revenue is measured across several distinct product and services lines, including Overnight recreational camps, RV parks and campgrounds and Other unit accommodations and service fees. Overnight recreational camps is the largest segment of the Campgrounds & RV Parks in the US.
Overnight recreational camps are a stable summer activity
This industry operates recreational vehicle (RV) parks, campgrounds, and recreational and vacation camps. The industry also includes trailer and caravan parks and wilderness camps. Industry establishments cater to outdoor enthusiasts and commonly provide access to facilities (washrooms, laundry rooms, recreation halls and playgrounds).
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NAICS 72121 - Campgrounds & RV Parks in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
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Peer-to-peer rentals boost camping accessibility for new campers. The steep cost of camping gear and RVs can be off-putting, particularly for potential first-timers still tes...
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Waterfront sites top campers' lists. Waterside locations and panoramic vistas appeal not only for their natural beauty but also for their recreational value and proximity to ...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Zoning permits curb market concentration in the campground sector. They're often costly and time-consuming for newcomers, limiting the size of potential sites and adding to i...
Learn about the performance of the top companies in the industry.
Equity Lifestyle Properties dominates with over 5% of the national campground market. They outstrip competition with over 200 RV parks and campgrounds throughout diverse scen...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Travel surged at RV parks and campsites post-pandemic. Years of enforced isolation boosted pent-up demand, with millions seeking outdoor leisure at campgrounds.
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Prime campsite locations cost more, pushing developers into remote areas. Developers increasingly target remote spots as top locations near landmarks hike profits, with custo...
Including values and annual change:
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Key data sources in the US include:
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These sources include:
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The market size of the Campgrounds & RV Parks in the US industry in United States is $10.7bn in 2024.
There are 15,276 businesses in the Campgrounds & RV Parks in the US industry in United States, which has grown at a CAGR of 1.5 % between 2019 and 2024.
The market size of the Campgrounds & RV Parks in the US industry in United States has been growing at a CAGR of 3.1 % between 2019 and 2024.
Over the next five years, the Campgrounds & RV Parks in the US industry in United States is expected to grow.
The biggest companies operating in the Campgrounds & RV Parks market in United States are Equity Lifestyle Properties, Inc., Target Hospitality Corp. and Sun Communities, Inc.
Overnight recreational camps and RV parks and campgrounds are part of the Campgrounds & RV Parks in the US industry.
The company holding the most market share in United States is Equity Lifestyle Properties, Inc..
The level of competition is moderate and steady in the Campgrounds & RV Parks in the US industry in United States.