Report Code: A12723 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Conventional Travel Trailers Market
Request Now !Conventional Travel Trailers Market Outlook 2030 -
Conventional travel trailers are houses on wheels, with all the comforts and convenience of home. They are usually equipped with full kitchens featuring stoves/ ovens, microwaves, sinks, and refrigerators etc. Conventional travel trailers, as they are commonly called, are a good alternative for people who are looking for a camper in affordable pricing, but don't want to mess with setting up and tearing down pop-up travel trailers. They are quite popular with families and come in a variety sizes, weights, floor plans, with or without sliding rooms, and have sleeping accommodations for up to as many as fifteen to eighteen people. Conventional travel trailer industry is anticipated to grow in the forecasting period along with the tourism industry.
Market scope and structure analysis:
Report Metric | Details |
 Market size available for years |  2020–2030 |
 Base year considered |  2020 |
 Forecast period |  2021–2030 |
 Forecast units |  Value (USD) |
 Segments covered |  Segment, Application and Region |
 Regions covered | North America (U.S., Canada and Mexico), Europe (Germany, U.K, France, Russia and rest of Europe), Asia-Pacific (China, Japan, India, South Korea and rest of Asia-Pacific), LAMEA (Latin America, Middle East and Africa) |
 Companies covered | Thor Industries, Forest River, Winnebago Industries, REV Group, Gulf Stream Coach, Deeson RV, Sanchuang Alliance, Enjoytravel RV, Jiangsu Defa RV, Feishen Group. |
COVID-19 Impact analysis
The conventional travel trailers market got majorly impacted by the COVID-19 pandemic. Due to strict regulations and lockdowns a large proposition of the global population was facing either losses or decrease in income. Primarily due to lockdown people were not going out for leisure and secondly decrease in income is further stopping them to spend on leisure purpose which is making a very deep dent to the global tourism industry and its components. With such stagnant fall in the market manufacturers are facing losses which is further impacting the supply chain of raw material. However global tourism industry is anticipated to recover its losses with decrease in pandemic footprint globally.
Top Impacting Factors
Market Trends
High-cost association
One of the prominent factors hindering the recreational vehicle market demand is the high initial purchase cost. High-quality & innovative raw materials, that are used for weight reduction in recreational vehicles, coupled with the customization of exterior & interior features will contribute subsequently to the overall vehicle cost. Motor homes also incur high insurance costs and other insurance & road tax-related expenditures, increasing the market price of leisure vehicles. Frequent replacement and maintenance of refilling gas and batteries in power generators in these vehicles fetch heavy expenses, resulting in high operating costs that will challenge the industry growth.
Climbing Indian market
Rising emphasis on travel and tourism in Asia Pacific and European region is creating exponential growth opportunities for the market. Travel and tourism will propel the demand for recreational activities, supporting the global market for recreational vehicles. As per the data published by the World Bank, the number of international tourists in India has grown from 17.4 million in 2018 to 17.9 million in 2019, supporting the market expansion globally. This will create huge opportunities for recreational vehicles in India over the forecasting years.
Key segments covered:
Segments | Subsegments |
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Key benefits of the report:
Questions answered in the conventional travel trailers market research report:
Conventional Travel Trailers Market Report Highlights
Aspects | Details |
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By Capacity |
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By Application |
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By Region |
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Key Market Players | Enjoytravel RV, Gulf Stream Coach, Deeson RV, Forest River, Thor Industries, Winnebago Industries, Sanchuang Alliance, Feishen Group, Jiangsu Defa RV, REV Group |
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