Market Overview:
The global conventional travel trailer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for conventional travel trailers for household and commercial applications across different regions. North America is expected to hold the largest share of the global conventional travel trailer market in 2018, followed by Europe and Asia Pacific. However, Asia Pacific is projected to witness the highest CAGR during the forecast period due to rising disposable income and growing tourism industry in countries such as China and India.
Product Definition:
A travel trailer is a type of recreational vehicle that is towed behind a vehicle such as a car or truck. It typically contains living quarters for the occupants, as well as amenities such as a kitchen, bathroom, and sleeping area.
Capacity(1-6 People):
The global capacity)1-6 people travel trailer market size was valued at USD 2.0 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. Increasing demand for recreational vehicles (RVs) among families as well as corporate travelers is anticipated to drive growth over the next seven years.
Capacity(1-10 People):
The global capacity of 1-10 people travel trailer market size was valued at USD 2.6 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of increasing demand for light-duty recreational vehicles (RTVs) among travelers owing to their low cost as compared to conventional motor homes with similar specifications.
Application Insights:
The household application segment accounted for the largest share of over 70.0% in 2017 and is projected to witness significant growth over the forecast period. The growing trend of co-living has resulted in an increased demand for travel trailers that can be used as permanent homes, thereby driving the market growth. Furthermore, increasing urbanization along with a rise in disposable income levels among households across developing countries such as India and China will boost product demand over the forecast period.
Commercial applications include events such as music festivals where companies provide services to accommodate extra guests or staff members at short notice.
Regional Analysis:
North America dominated the global conventional travel trailer market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing product penetration and awareness about recreational vehicle lifestyle among travelers. Furthermore, growing popularity for camping and recreational activities among millennials is anticipated to drive regional growth over the forecast period.
Asia Pacific conventional travel trailer market is projected to grow at a significant rate during the forecast years due to increasing disposable income levels in emerging economies such as India and China along with other South East Asian countries. In addition, rising number of nuclear families coupled with increased spending on leisure activities by consumers from developing countries such as India will boost regional demand during the estimated time span from 2018 to 2030 ending note).
Growth Factors:
- Increasing demand for conventional travel trailers from recreational vehicle users owing to the growing popularity of outdoor recreational activities.
- Proliferation of camping and caravanning clubs, which is expected to boost sales of conventional travel trailers in the coming years.
- Introduction of innovative features and technologies by manufacturers in order to attract buyers and differentiate their products in the market.
- Growing demand for lightweight and fuel-efficient conventional travel trailers from budget-conscious consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Conventional Travel Trailer Market Research Report
By Type
Capacity(1-6 People), Capacity(1-10 People), Capacity(1-14 People)
By Application
Household, Commercial
By Companies
Thor Industries, Forest River, Winnebago Industries, REV Group, Gulf Stream Coach, Deeson RV, Sanchuang Alliance, Enjoytravel RV, Jiangsu Defa RV, Feishen Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Conventional Travel Trailer Market Report Segments:
The global Conventional Travel Trailer market is segmented on the basis of:
Types
Capacity(1-6 People), Capacity(1-10 People), Capacity(1-14 People)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thor Industries
- Forest River
- Winnebago Industries
- REV Group
- Gulf Stream Coach
- Deeson RV
- Sanchuang Alliance
- Enjoytravel RV
- Jiangsu Defa RV
- Feishen Group
Highlights of The Conventional Travel Trailer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Capacity(1-6 People)
- Capacity(1-10 People)
- Capacity(1-14 People)
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Conventional Travel Trailer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A conventional travel trailer is a recreational vehicle that is designed to be towed by a motor vehicle. They are typically smaller than an RV and have fewer features, but they are cheaper to buy and maintain.
Some of the major companies in the conventional travel trailer market are Thor Industries, Forest River, Winnebago Industries, REV Group, Gulf Stream Coach, Deeson RV, Sanchuang Alliance, Enjoytravel RV, Jiangsu Defa RV, Feishen Group.
The conventional travel trailer market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Conventional Travel Trailer Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Conventional Travel Trailer Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Conventional Travel Trailer Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Conventional Travel Trailer Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Conventional Travel Trailer Market Size & Forecast, 2020-2028 4.5.1 Conventional Travel Trailer Market Size and Y-o-Y Growth 4.5.2 Conventional Travel Trailer Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Capacity(1-6 People)
5.2.2 Capacity(1-10 People)
5.2.3 Capacity(1-14 People)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Conventional Travel Trailer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Conventional Travel Trailer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Capacity(1-6 People)
9.6.2 Capacity(1-10 People)
9.6.3 Capacity(1-14 People)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Capacity(1-6 People)
10.6.2 Capacity(1-10 People)
10.6.3 Capacity(1-14 People)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Capacity(1-6 People)
11.6.2 Capacity(1-10 People)
11.6.3 Capacity(1-14 People)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Capacity(1-6 People)
12.6.2 Capacity(1-10 People)
12.6.3 Capacity(1-14 People)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Capacity(1-6 People)
13.6.2 Capacity(1-10 People)
13.6.3 Capacity(1-14 People)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Conventional Travel Trailer Market: Competitive Dashboard
14.2 Global Conventional Travel Trailer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thor Industries
14.3.2 Forest River
14.3.3 Winnebago Industries
14.3.4 REV Group
14.3.5 Gulf Stream Coach
14.3.6 Deeson RV
14.3.7 Sanchuang Alliance
14.3.8 Enjoytravel RV
14.3.9 Jiangsu Defa RV
14.3.10 Feishen Group