Travel & Leisure
Summer Camps in the US - Industry Market Research Report
Summer Camps in the US - Industry Market Research Report
Summer Camps in the USThe Summer Camps industry is tied closely to overall economic indicators like per capita disposable income, population growth and leisure time. Disposable income has grown over the past five years, supporting industry revenue for the majority of the period. However, competition from instructional day camps, which are excluded from this industry, has increased, limiting growth. Additionally, due to temporary camp closures and economic slowdowns as a result of the coronavirus, industry revenue decreased 31.3% in 2020 alone with industry profit decreasing as well. Because of the significant drop in 2020, industry revenue is expected to have decreased at a CAGR of 1.3% to $4.0 billion over the five years to 2023, including an increase of 5.2% in 2023 alone.
This industry includes overnight recreational camps for adults and children. Camps may have themes and the industry includes outdoor adventure retreats. Camps generally provide accommodations and other amenities, such as cabins, fixed campsites, food services, recreational facilities and equipment and organized activities. Campgrounds and instructional day camps are excluded.
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.