Campgrounds & RV Parks in Canada
Over the past five years, the Campgrounds and RV Parks industry in Canada has sustained strong growth thanks to increased disposable income, solid RV sales and declining oil prices. Furthermore, the rising age of the Canadian population has helped foster growth in the baby boomer demographic, a key market for industry operators. Over the five years to 2022, the purchasing power of the Canadian dollar relative to the currencies of major trading partners is set to decrease, increasing the likelihood of US RV owners staying at industry locations, as their dollar will go further in Canada. In addition, young couples and families are expected to emerge as a key demographic over the next five years, a factor that is sure to benefit industry operators.
This industry operates RV parks and campgrounds that accommodate campers and their equipment. It includes trailer and caravan parks, vacation camps and children’s summer and wilderness camps. These establishments may also provide access to facilities such as washrooms, laundry rooms, snack bars, recreation halls and playgrounds.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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