Caravans and Motorhomes
Global Business directory of Motorhomes and caravans for sale. the outdoor life beckons and a motorhome or caravan can set you free.
The Caravan and Motorhome Market was valued at USD 47 billion in 2020, and it is expected to reach USD 71 billion by 2026, registering a CAGR of 7.66% during the forecast period (2021 - 2026). Camping and traveling are increasingly being popular among millennials as a part of recreational activities. For instance, millennials account for two-fifths of the total number of campers across the world. Such popularity of camping among millennials is driving the adoption of RVs. For instance, according to Thor Industries Inc., the company witnessed a 21.18% increase in the purchase of Thor traveler trailers from millennials during 2019-2020.