Campgrounds & Recreational Vehicle Parks in Canada - Market Research Report (2014-2029)

Over the past five years, Canada's RV parks and campgrounds showed modest growth, with economic conditions and demographic trends largely influencing their trajectory. Revenue growth was influenced by RV sales, rising disposable incomes and shifts in demographic preferences. The flip side of this economic boost was the pandemic's chokehold on international and domestic travel, pushing industry revenues down by 34.5% in 2020. Despite this setback, the industry still managed an annualized growth of 2.9% to $3.3 billion over the five years to 2024, including an 11.5% increase in 2024 alone.