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Posted On: 09/18/2020 8:28:04 AM
Post# of 40411
$IDVV The "glamping" market in the U.S. is projected to reach $4.8 billion in revenue by 2025 at an estimated CAGR rate of 12.5% during that forecast period, and the demand for cabins and safari tents is expected to grow 2.5 times over the next five years. Meanwhile, between 2014 and 2018, growth in U.S. camping households has steadily increased, from 71,500,000 homes in 2014 to nearly 80,000,000 last year. Millennials represent the fastest growing demographic in terms of new campers, with more and more diversity being represented amongst camping demographics.
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