Residential RV & Trailer Park Operators in the US - Industry Market Research Report

Residential RV & Trailer Park Operators in the US - Industry Market Research Report

Residential RV & Trailer Park Operators in the US

Residential RV and Trailer Park industry operators are made up of companies that act as lessors of residential RV and trailer park sites, performing on-site community operating and management functions. Over the five years to 2023, residential RV and trailer park operators have grown in line with per capita disposable income and the steep rise in housing prices that coincided with the effects of COVID-19. This rise in the cost of housing pushed many consumers toward less expensive alternatives, such as owning a manufactured home or RV and leasing from RV and trailer park operators. These operators primarily cater to older individuals, providing a crucial boost over the past five yers as the number of adults aged 65 and older rose 3.1%. Overall, revenue has steadily risen at a CAGR of 3.4% to an estimated $11.0 billion over the five years to 2023, including an expected fall of 4.0% in 2023 alone, as housing prices continue to climb.

Residential RV & Trailer Parks include operators that act as lessors of residential recreational vehicle (RV) and trailer park sites, performing on-site community operating and management functions.

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.