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Park Model RVs Companies – Top Company List [Updated] | Global Growth Insights

Park Model RVs (PMRVs) have gained significant traction as a popular alternative for recreational and semi-permanent living. These units, designed to offer a home-like experience with added mobility, have become a preferred choice for retirees, seasonal travelers, and vacation rental businesses. Unlike traditional RVs, Park Model RVs are intended for extended stays and typically placed in RV parks, resorts, or private properties.

Park Model RVs Market Overview: The Growth of Park Model RVs in the USA

The U.S. Park Model RV industry is experiencing robust expansion driven by rising demand for affordable housing solutions, growing interest in minimalist living, and an increasing number of RV resorts and campgrounds. The market has been supported by shifting consumer preferences towards more sustainable and budget-friendly living options, fueling demand across various demographics.

How Big is the Park Model RV Industry in 2025?

By 2025, the Park Model RV industry is expected to surpass $6 billion in market value, driven by:

Regional Market Share & Insights

North America

The U.S. leads the Park Model RV industry, accounting for approximately 85% of global sales, while Canada holds a 7% market share, supported by increased seasonal travel and vacationing.

Europe

The European market for PMRVs is emerging, with Germany, France, and the UK representing the largest buyers. However, strict zoning regulations limit widespread adoption.

Asia-Pacific

Australia leads the APAC region, with a 5% market share, driven by eco-tourism and off-grid living preferences. Japan and South Korea are also experiencing gradual market entry.

Latin America

Brazil, Mexico, and Argentina collectively hold a 3% market share, with eco-tourism and vacation rental sectors driving demand.

Regional Opportunities

Key Findings

The Park Model RV industry is experiencing rapid growth, with the U.S. maintaining an 85% market share, followed by Canada at 7%. The global market is projected to surpass $6 billion by 2025, fueled by rising demand for affordable housing, tourism expansion, and the increasing adoption of remote work lifestyles. Annually, over 40,000 PMRVs are sold in the U.S., reflecting strong consumer interest. Technological innovations, including smart home features and solar-powered units, are becoming key selling points, with over 50% of new models integrating these advancements. Investment in RV parks and resorts is expected to grow by 20% over the next five years, as more developers incorporate PMRVs into their rental offerings. Leading manufacturers, such as Champion Homes, Forest River, and Cavco Industries, collectively sell over 25,000 units annually, solidifying their dominance in the industry. Additionally, the vacation rental sector is embracing PMRVs, with 15% more campgrounds expected to adopt them as alternative lodging options. As zoning regulations become more favorable and technological innovations continue, the Park Model RV market is set to expand significantly in both recreational and residential applications.

Global Growth Insights unveils the top List Global Park Model RVs Companies:

Company Headquarters CAGR Revenue (Past Year) Trademark
Merit Homes Goshen, Indiana, USA 4.8% $180 million
Kropf Industries Goshen, Indiana, USA 6.1% $210 million
Forest River, Inc. Elkhart, Indiana, USA 5.7% $1.5 billion
Champion Troy, Michigan, USA 4.9% $900 million
Cavco Phoenix, Arizona, USA 5.5% $1.2 billion
RVing Multiple locations across the U.S. 4.6% $600 million

Conclusion

The Park Model RV industry is witnessing unprecedented growth, driven by changing consumer preferences, technological advancements, and increasing demand for affordable and sustainable living solutions. The U.S. continues to dominate the market, with over 85% of global sales, while international regions gradually explore the potential of these compact yet comfortable homes. With key players investing in innovation and expanding their offerings, the future of Park Model RVs looks promising for both recreational and residential applications.