US RV and Camper Rental Market Report 2022-2027
DUBLIN, April 24, 2023 (GLOBE NEWSWIRE) — The “RV and Camper Rentals in the United States – Industry Market Research Report” report has been added to ResearchAndMarkets.com an offer.
The industry is expected to grow at a slight annual rate of 0.8% to $420.8 million during the forecast period up to 2027.
The RV and camper rental industry is expected to face declining demand, especially as alternative methods of travel continue to increase at a faster rate due to pent-up demand. Consumers are expected to remain enthusiastic about RVs and campers; However, many consumers, especially millennials from the previous period, are expected to move into a buyer’s market.
Furthermore, peer-to-peer RV rental sites will increase external competition for the industry; More RV owners are listing their vehicles on these sites at lower prices, pushing traditional operators out of the industry.
Those in this industry rent or lease recreational vehicles and campers, as well as deposit recreational vehicles on behalf of private owners.
Value-added services drive internal competition
Companies in the RV and camper rental industry compete on the basis of price, vehicle availability, location, and customer service.
Although pricing options can vary, the industry remains fragmented, so companies must ensure they offer competitive pricing options as well as maintain a wide net to mitigate risk during peak season when vehicles are in high demand.
Some companies have begun offering value-added services such as pick-up and drop-off services, one-way rentals, free shuttles to and from airports and stocked amenities with bedding, dishes and toiletries.
In addition, some operators have begun outfitting their RVs with Wi-Fi capabilities and other newer technology, hoping to attract a new wave of tech-savvy campers.
Main topics covered:
About this industry
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Definition of industry
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main activities
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Similar industries
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Additional resources
Industry at a glance
Industry performance
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Executive summary
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Key external drivers
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Current performance
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Industry forecasts
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Industry life cycle
Products and markets
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Suppliers
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Products and services
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Demand determinants
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Major markets
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world Trade
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Business websites
Competitive scene
Big companies
Operating conditions
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Capital intensity
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Technology and systems
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Revenue volatility
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Organization and policy
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Industry assistance
Key statistics
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Industry data
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Annual change
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Main proportions
Terminology and glossary
It includes a selection of companies mentioned in this report
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America Cruise Company
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Tourism Holding Limited
For more information about this report visit https://www.researchandmarkets.com/r/dljjkb
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