Campgrounds & Recreational Vehicle Parks in Canada - Industry Market Research Report

Campgrounds & Recreational Vehicle Parks in Canada - Industry Market Research Report

  • June 2021 •
  • 46 pages •
  • Report ID: 5485141 •
  • Format: PDF
Happy camper: The aging of the Canadian population is expected to stimulate demand for industry services

Abstract

Campgrounds & Recreational Vehicle Parks in Canada
Over the five years to 2019, the Campgrounds and Recreational Vehicle (RV) Parks industry in Canada has experienced relatively strong growth. Industry establishments primarily operate RV parks and campgrounds that accommodate campers and provide amenities for a fee. Therefore, industry operators largely depend on travel-related trends to drive revenue growth. These trends include RV sales, disposable income and demographic shifts. Fortunately for industry operators, consumer conditions have improved over the past five years. Industry revenue has also been sustained in recent years by the gradual aging of the Canadian population and steady growth in the number of older consumers in Canada. With relatively stable incomes and abundant leisure time, older consumers represent one of the industry’s most crucial market segments. Over the five years to 2024, the industry is poised to continue expanding as improving economic conditions and the aging of the Canadian population stimulate demand for industry services.

The Campgrounds and Recreational Vehicle Parks industry in Canada operates recreational vehicle parks and campgrounds that accommodate campers and their equipment. It includes trailer and caravan parks, vacation camps and children’s summer and wilderness camps. These establishments may also provide access to facilities such as washrooms, laundry rooms, snack bars, recreation halls and playgrounds.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Loading...

We are very sorry, but an error occurred.
Please contact [email protected] if the problem remains.