Recreational Vehicles Market - Statistics & Insights

Recreational Vehicles overview

As travelers increasingly seek freedom, adventure and lifestyle-driven experiences, the global Recreational Vehicle market is undergoing a notable transformation. The industry, valued at around USD 56.7 billion in 2024, is anticipated to grow at a CAGR of 5% over the next decade. North America continues to lead, representing nearly half of global sales, while Europe, Asia-Pacific, and Australia show strong growth in motorhomes, campervans, travel trailers and compact Recreational Vehicle models. Trends in off-road RV adoption and caravanning are especially definite in Australia, driven by enhanced tourism infrastructure and younger consumer demographics.

Published by MMR Statistics Research Team, Updated

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