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2024 U.S. Industry Statistics & Market Forecast - RV (Recreational Vehicle) Parks and Campgrounds


Market Size & Industry Statistics

The total U.S. industry market size for RV (Recreational Vehicle) Parks and Campgrounds: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics        2019        2020        2021        2022        2023
Market Size
(Total Sales/Revenue)


Order at top of page
Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.





Forecast / Industry Outlook 2024 2025 2026 2027 2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

The RV Parks & Campgrounds industry has seen several key trends over the past few years. One major trend is the rise in popularity of glamping, or luxury camping. Many RV parks and campgrounds are now offering more upscale amenities and accommodations, such as fully equipped cabins, yurts, and even vintage trailers. This shift to glamping caters to a younger demographic of travelers who still want to enjoy the great outdoors but with more comfort and convenience.

Another trend is the continued growth of the RV rental market. Many people are opting to rent RVs rather than owning them outright, which has led to an increase in demand for RV parks and campgrounds with rental accommodations. This trend is also being fueled by the rise of digital nomads and remote workers, who are seeking more flexible living arrangements and taking their work on the road.

The adoption of technology has also become a significant trend in the RV Parks & Campgrounds industry. From online booking systems to mobile apps that provide real-time information about the campground and surrounding area, technology is helping RV parks and campgrounds operate more efficiently and cater to the needs of their guests.

Finally, there is a growing awareness and emphasis on sustainable and eco-friendly practices in the industry. This includes eco-friendly construction, waste reduction programs, and a focus on preserving natural resources. Sustainability is becoming an important consideration for many travelers, and RV parks and campgrounds that prioritize sustainable practices are likely to attract more environmentally conscious guests.



Product & Services Breakdown

Research products and services in the RV (Recreational Vehicle) Parks and Campgrounds industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Membership Dues & Fees

Room Or Unit Accommodation For Travelers & Others

Room Or Unit Accommodation For Travelers, Without Maid Service

Recreational Vehicle ( RV) & Tent Sites For Travelers & Others

Other Services



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Net Income
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a RV (Recreational Vehicle) Parks and Campgrounds company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the RV (Recreational Vehicle) Parks and Campgrounds industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on RV (Recreational Vehicle) Parks and Campgrounds measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 12%

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Top Executives 6%
General and Operations Managers 6%
General and Operations Managers6%
Food Preparation and Serving Related Occupations 6%
Building and Grounds Cleaning and Maintenance Occupations 17%
Building Cleaning and Pest Control Workers 8%
Building Cleaning Workers 8%
Maids and Housekeeping Cleaners 5%
Grounds Maintenance Workers 7%
Grounds Maintenance Workers 7%
Landscaping and Groundskeeping Workers 7%
Personal Care and Service Occupations 12%
Other Personal Care and Service Workers 7%
Recreation and Fitness Workers 7%
Recreation Workers 7%
Sales and Related Occupations 5%
Office and Administrative Support Occupations 20%
Information and Record Clerks 9%
Hotel, Motel, and Resort Desk Clerks 6%
Hotel, Motel, and Resort Desk Clerks 6%
Other Office and Administrative Support Workers 6%
Office Clerks, General 5%
Office Clerks, General 5%
Installation, Maintenance, and Repair Occupations 18%
Other Installation, Maintenance, and Repair Occupations 17%
Maintenance and Repair Workers, General 16%
Maintenance and Repair Workers, General 16%
Source: Bureau of Labor Statistics


RV (Recreational Vehicle) Parks and Campgrounds Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the RV (Recreational Vehicle) Parks and Campgrounds industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the RV (Recreational Vehicle) Parks and Campgrounds industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Innovators:
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Innovators:
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the RV (Recreational Vehicle) Parks and Campgrounds industry.
Source:
IncFact




Innovation News



Recent Federal Contracts for RV (Recreational Vehicle) Parks and Campgrounds

  • Feb 22, 2024: TAYLOR B, LLC (Schriever, LA) awarded $71,400
  • Feb 22, 2024: FAITH RENTALS LLC (Houma, LA) awarded $96,900
  • Feb 20, 2024: R&R ENTERPRISES OF ROLLING FORK, LLC (Rolling Fork, MS) awarded $81,000
  • Feb 16, 2024: APPALACHIAN INDUSTRIAL AUTHORITY, INC. (Hazard, KY) awarded $108,000
  • Feb 16, 2024: CROSS RIVERS, LLC (Lake Charles, LA) awarded $58,500
  • Feb 15, 2024: PULLEN LAKE PROPERTIES LLC (Smithville, MS) awarded $66,400




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