Product Code: ETC048610 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Recreational Vehicle Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 13.06% in 2025, climbs to a high of 13.19% in 2028, and moderates to 13.18% by 2029.
Vietnam's Recreational Vehicle market is anticipated to experience a high growth rate of 12.69% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Vietnam Recreational Vehicle Market has seen a surge in interest as more people embrace recreational travel and outdoor experiences. Recreational vehicles (RVs) provide the flexibility of traveling with the comforts of home, making them popular among adventure enthusiasts and travelers exploring the country`s scenic landscapes. Whether it`s motorhomes, campervans, or travel trailers, the market offers various options to cater to different preferences and budgets. As Vietnam tourism industry grows and travelers seek unique experiences, the RV market is poised for continued expansion.
The Vietnam Recreational Vehicle Market has been driven by the increasing interest in recreational travel and outdoor experiences. As disposable incomes rise and people seek new travel experiences, recreational vehicles (RVs) have become a preferred choice for travelers exploring Vietnam scenic landscapes and tourist destinations. The freedom and flexibility offered by RVs, allowing travelers to venture off the beaten path, have appealed to adventure enthusiasts and families alike. Additionally, the rise of glamping (luxury camping) and eco-tourism trends has further fueled the demand for RVs in Vietnam.
The Vietnam Recreational Vehicle Market faces challenges related to infrastructure development and travel regulations. Although recreational travel is growing in popularity, there may be limitations in the availability of well-equipped camping sites and facilities for RV travelers. Additionally, there might be regulatory challenges related to parking, waste disposal, and other aspects of RV tourism. To promote the growth of the RV market, there is a need for infrastructure development and streamlined regulations to accommodate the increasing number of recreational vehicles.
The Vietnam Recreational Vehicle Market experienced both challenges and opportunities during the pandemic. Initially, travel restrictions and concerns about the virus significantly impacted the tourism and hospitality industries, leading to a decline in recreational vehicle (RV) rentals and sales. However, as international travel was restricted, domestic tourism gained momentum, leading to increased interest in RV travel for local getaways. This shift in preferences drove some growth in the domestic RV market. Moreover, the pandemic highlighted the appeal of RV travel as a safer and more isolated way to explore the country, boosting the market`s prospects in the long run.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Recreational Vehicle Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Recreational Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Recreational Vehicle Market - Industry Life Cycle |
3.4 Vietnam Recreational Vehicle Market - Porter's Five Forces |
3.5 Vietnam Recreational Vehicle Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Vietnam Recreational Vehicle Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Vietnam Recreational Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Recreational Vehicle Market Trends |
6 Vietnam Recreational Vehicle Market, By Types |
6.1 Vietnam Recreational Vehicle Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Recreational Vehicle Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Vietnam Recreational Vehicle Market Revenues & Volume, By Fifth Wheel Campers, 2021-2031F |
6.1.4 Vietnam Recreational Vehicle Market Revenues & Volume, By Folding Camper, 2021-2031F |
6.1.5 Vietnam Recreational Vehicle Market Revenues & Volume, By Truck Campers, 2021-2031F |
6.1.6 Vietnam Recreational Vehicle Market Revenues & Volume, By Travel Trailers, 2021-2031F |
6.1.7 Vietnam Recreational Vehicle Market Revenues & Volume, By Class A Motorhomes, 2021-2031F |
6.1.8 Vietnam Recreational Vehicle Market Revenues & Volume, By Class B Motorhomes, 2021-2031F |
6.2 Vietnam Recreational Vehicle Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Recreational Vehicle Market Revenues & Volume, By Leisure, 2021-2031F |
6.2.3 Vietnam Recreational Vehicle Market Revenues & Volume, By Business, 2021-2031F |
7 Vietnam Recreational Vehicle Market Import-Export Trade Statistics |
7.1 Vietnam Recreational Vehicle Market Export to Major Countries |
7.2 Vietnam Recreational Vehicle Market Imports from Major Countries |
8 Vietnam Recreational Vehicle Market Key Performance Indicators |
9 Vietnam Recreational Vehicle Market - Opportunity Assessment |
9.1 Vietnam Recreational Vehicle Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Vietnam Recreational Vehicle Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Vietnam Recreational Vehicle Market - Competitive Landscape |
10.1 Vietnam Recreational Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Recreational Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |