The RV rental market is forecasted to grow by $353.45 million during 2023 to 2028, accelerating at a CAGR of 8.33%, according to a report from ResearchAndMarkets.com.
The study identifies the increase in demand for electric RVs as one of the prime reasons driving the RV rental market growth during the next few years.
The market is driven by the rising popularity of road trips and outdoor adventures, the increase in vehicle ownership costs and the growing number of digital nomads across the region. Also, rise in growth of tourism industry and advent of intermediaries to ease renting process will lead to sizable demand in the market.
The “Global Recreational Vehicle (RV) Rental Market 2024-2028” report has been added to ResearchAndMarkets.com’s offering. The report on the RV rental market provides a holistic analysis, market size and forecast, trends, growth drivers and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Market positioning of key vendors:
- Allstar Coaches LLC
- Camp Monk
- CamperTravel
- Cruise America Inc.
- Fraserway RV LP
- Hightened Path RV Rentals
- Ideamerge LLC
- INDIE CAMPERS
- Japan RV Rental
- Motorhome Adventures
- Onroadz
- Outdoorsy Inc.
- Rental Alliance GmbH
- Roadsurfer
- RVnGO
- RVshare LLC
- Spaceships Rentals
- TC Rent Ltd.
- Tourism Holdings Ltd.
- Yescapa