Motorhome Global Market Report 2024

Description

“Motorhome Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on motorhome market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for motorhome? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The motorhome market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Model Type: Class A; Class B; Class C
2) By Application: Leisure Activities; Business Activities
3) By End-User: Fleet Owners; Direct Owners
Companies Mentioned: Gulf Stream Coach Inc.; Palomino RV; Northwood Manufacturing Inc.; Thor Industries Inc.; Coachmen RV
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

A motorhome is a self-contained recreational vehicle equipped with home-such as amenities such as dining areas, sleeping quarters, storage spaces, restrooms, and a driving cab featuring seats for the driver and passenger. It's designed for travel, wilderness exploration, camping, and outdoor adventures, capable of accommodating anywhere from two to eight individuals.

There are primarily three types of motorhomes Class A, Class B, and Class C. Class A motorhomes are typically constructed on a specially designed chassis, often resembling a truck or shuttle chassis. These vehicles can house up to ten people and boast luxurious living spaces, including sofas, private rooms, beds, dining areas, and spacious bathrooms. They're intended to offer travelers ample space and deluxe amenities for comfortable travel experiences. These motorhomes find applications in leisure and business activities and are utilized by both fleet owners and individual owners seeking recreational and travel accommodations.

The motorhomes market research report is one of a series of new reports from The Business Research Company that provides motorhomes market statistics, including motorhomes industry global market size, regional shares, competitors with a motorhomes market share, detailed motorhomes market segments, market trends, and opportunities, and any further data you may need to thrive in the motorhomes industry. This motorhomes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The motorhome market size has grown strongly in recent years. It will grow from $168.07 billion in 2023 to $180.52 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The expansion observed in the historical period can be attributed to several factors. These include demographic shifts, enhancements in infrastructure, increasing disposable income among individuals, the popularity of outdoor and adventure lifestyles, and notable cultural changes influencing travel and leisure preferences.

The motorhome market size is expected to see strong growth in the next few years. It will grow to $234.29 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. Anticipated growth in the forecast period can be linked to various factors, including a growing interest in sustainable travel practices, ongoing innovations enhancing design and comfort, increased options for customization, supportive government initiatives and policies, and the expanding rental market for motorhomes.

The anticipated surge in travel and tourism is poised to significantly drive the growth of the motorhome market. Motorhomes serve as favored vacation vehicles among travelers due to their ability to provide accommodation, cooking facilities, and a homely environment while on the move. In 2021, the World Travel and Tourism Council (WTTC) reported a remarkable improvement in the United States' travel and tourism industry, projecting a return to pre-pandemic levels by 2022. The industry exhibited a 35.6% surge in 2021, accumulating a total of $393 billion. This substantial rise in the travel and tourism sector stands as a key driver behind the burgeoning motorhome market.

The burgeoning use of social media is expected to fuel the expansion of the motorhome market. Social media platforms, facilitating the exchange of information, ideas, and multimedia content, wield considerable influence in shaping trends and perceptions around motorhome travel. As of January 2022, projections by We Are Social and Hootsuite indicated a global social media user base of 4.62 billion, encompassing 58.4% of the world's population. Over 424 million new users joined social media platforms in 2021, marking a growth of more than 10% in the user base. This burgeoning presence on social media platforms significantly contributes to the growth trajectory of the motorhome market.

Product innovation stands out as a prominent trend driving the motorhome market's advancement. Key players in the motorhome industry concentrate on introducing innovative products to reinforce their market position. For instance, in March 2023, Entegra Coach, a US-based recreational vehicle manufacturer, launched a luxurious Class B motorhome designed for off-the-grid adventures. Featuring E-Z Drive technology and built on a Sprinter 4X4 Premium Mercedes-Benz chassis, these motorhomes offer a blend of luxury and performance, ensuring a smooth ride on rugged terrains.

Major players in the motorhome sector are strategically partnering to bolster their presence in China's motorhome industry. Strategic partnerships involve leveraging mutual strengths and resources for collective success. In November 2022, Allison Transmission, a US-based motorhome transmission manufacturer, partnered with Qingling Motors Co. Ltd., a Chinese automobile company. This collaboration aims to introduce advanced 700p chassis and Allison automatic solutions to China's RV market. These innovative technologies are rapidly gaining popularity within China's motorhome landscape.

In May 2022, RV Retailer LLC (RVR), a US-based recreational vehicle company, acquired Manteca Trailer and Motorhomes for an undisclosed amount. Through this acquisition, RV is poised to provide comprehensive customer support across its extensive network of 100 full-service RV dealerships, ensuring assistance for customers throughout their journeys. The newly acquired company strategically situates itself between two of the largest BTAs in the U.S., with San Francisco ranking 9th to the East and Sacramento at 19th to the North. Manteca Trailer and Motorhomes is a US-based company that manufactures and sells a variety of recreational vehicles (RVs), including motorhomes and travel trailers.

Major companies operating in the motorhome market report are Gulf Stream Coach Inc., Palomino RV, Northwood Manufacturing Inc., Thor Industries Inc., Coachmen RV, Winnebago Industries Inc., Dethleffs GmbH & Co. KG, Hymer GmbH & Co. KG, Forest River Inc., Eclipse Motorhomes Inc., Alois Kober GMBH, Aliner, Allied Recreation Group Inc., Augusta RV, Cruiser RV, Dna Enterprises Inc., Rapido Motorhomes, The Swift Group, Burstner GmbH & Co. KG, Grand Design RV LLC, Forks RV Inc., Dutchmen RV, Entegra Coach Inc., Fleetwood RV, Holiday Rambler Corporation, Jayco Inc., Monaco Coach Corporation, Airstream Inc., AL-KO Kober SE, REV Group

North America was the largest region in the motorhomes market in 2023. North America is expected to be the fastest-growing region in the global motorhomes market report during the forecast period. The regions covered in the motorhome market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the motorhome market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The motorhomes market consists of sales of tag-axel motorhomes, micro motorhomes, overcab beds class c coachbuild motorhomes, low profile coachbuilt motorhomes, hightop campervans, fixed-roof campervans, rising roof campervans, and panel van conversions. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11942

1. Executive Summary

2. Motorhome Market Characteristics

3. Motorhome Market Trends And Strategies

4. Motorhome Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Motorhome Market Size and Growth

5.1. Global Motorhome Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Motorhome Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Motorhome Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Motorhome Market Segmentation

6.1. Global Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Class A
Class B
Class C
6.2. Global Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Leisure Activities
Business Activities
6.3. Global Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Fleet Owners
Direct Owners

7. Motorhome Market Regional And Country Analysis

7.1. Global Motorhome Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Motorhome Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Motorhome Market

8.1. Asia-Pacific Motorhome Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Motorhome Market

9.1. China Motorhome Market Overview
9.2. China Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Motorhome Market

10.1. India Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Motorhome Market

11.1. Japan Motorhome Market Overview
11.2. Japan Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Motorhome Market

12.1. Australia Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Motorhome Market

13.1. Indonesia Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Motorhome Market

14.1. South Korea Motorhome Market Overview
14.2. South Korea Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Motorhome Market

15.1. Western Europe Motorhome Market Overview
15.2. Western Europe Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Motorhome Market

16.1. UK Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Motorhome Market

17.1. Germany Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Motorhome Market

18.1. France Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Motorhome Market

19.1. Italy Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Motorhome Market

20.1. Spain Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Motorhome Market

21.1. Eastern Europe Motorhome Market Overview
21.2. Eastern Europe Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Motorhome Market

22.1. Russia Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Motorhome Market

23.1. North America Motorhome Market Overview
23.2. North America Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Motorhome Market

24.1. USA Motorhome Market Overview
24.2. USA Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Motorhome Market

25.1. Canada Motorhome Market Overview
25.2. Canada Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Motorhome Market

26.1. South America Motorhome Market Overview
26.2. South America Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Motorhome Market

27.1. Brazil Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Motorhome Market

28.1. Middle East Motorhome Market Overview
28.2. Middle East Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Motorhome Market

29.1. Africa Motorhome Market Overview
29.2. Africa Motorhome Market, Segmentation By Model Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Motorhome Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Motorhome Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Motorhome Market Competitive Landscape And Company Profiles

30.1. Motorhome Market Competitive Landscape
30.2. Motorhome Market Company Profiles
- 30.2.1. Gulf Stream Coach Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Palomino RV
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Northwood Manufacturing Inc.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Thor Industries Inc.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Coachmen RV
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Motorhome Market Competitive Benchmarking

32. Global Motorhome Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Motorhome Market

34. Motorhome Market Future Outlook and Potential Analysis

34.1 Motorhome Market In 2028 - Countries Offering Most New Opportunities
34.2 Motorhome Market In 2028 - Segments Offering Most New Opportunities
34.3 Motorhome Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer