In 2023, the UK turnover for camping grounds, recreational vehicle parks, and trailer parks was valued at 3.4 billion Euros. This sector experienced significant fluctuations over the past decade, marked by a sharp decline in 2020 due to the COVID-19 pandemic, followed by a robust recovery in 2021. The past two years showed modest growth, with a year-on-year variation of 11.43% in 2022 and 0.29% in 2023. Over the last five years, from 2019 to 2023, the sector's compound annual growth rate (CAGR) stands at 0.63%.
Future trends to watch for:
- Stabilization of growth, with forecasted turnover reaching 3.43 billion Euros by 2028.
- Economic impacts of inflation and consumer spending patterns on recreational activities.
- Potential shifts in domestic tourism preferences favoring camping and RV parks amid global travel uncertainty.