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Camper and trailer registrations plummet in 2023; 2025 forecast at 1,361 units

27.07.2026 11:55 1 min 1 source
cartvnews.com KOR

New registrations of campers and travel trailers in South Korea dropped sharply in 2023. According to CarChart AI data, only 1,361 units are expected in 2025, an 81.4% decline from the 2021 peak. The market, which boomed during the COVID-19 pandemic (2020–2022, average 6,311 units per year), entered a downturn from 2023. In 2025, 543 travel trailers (down 87.2% from 2021) and 818 campers (down 73.2%) were registered. Campers first outnumbered trailers in 2022. The average purchase price of a camper in 2022 was about 7.35 million won. The campsite market is also struggling: new openings fell from 547 in 2022 to 367 in 2025, with about 60 closures annually. Electric campers based on Kia PV5 and Hyundai ST1 platforms are expected in 2026.

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Camper and trailer registrations plummet in 2023; 2025 forecast at 1,361 units

27.07.2026 cartvnews.com KOR Original source

🇰🇷 South Korea — fuel prices

Updated: 25.07.2026

보통 휘발유

$1.28 /l

KRW1,873.87 · €1.13/l

53 of 140

cheaper than 63% of countries

고급 휘발유

$1.61 /l

KRW2,345.49 · €1.41/l

49 of 94

pricier than 51% of countries

경유

$1.27 /l

KRW1,858.61 · €1.12/l

54 of 141

cheaper than 62% of countries

LPG

$0.78 /l

KRW1,135.58 · €0.68/l

19 of 55

cheaper than 67% of countries

Popular route

Distance

Fuel cost

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Est. time

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VanSky - weather index · South Korea

Best regions in the coming days

Jeju Province +30°·23 km/h
44
Gangwon Province +32°·46 km/h
43
South Chungcheong +28°·20 km/h
42
North Chungcheong +32°·46 km/h
42
Gyeonggi Province +32°·46 km/h
41
Avoid now
Ulsan +35°·25 km/h
25
Busan +37°·23 km/h
26

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South Korea's camper and caravan market collapses after pandemic

According to data from the CarChart AI platform by Kaizu Data Lab, covering January 2016 to June 2026, the South Korean camper and caravan market has sharply declined after peaking during the COVID-19 pandemic. In the post-pandemic period (2023–2025), average annual registrations of campers and caravans fell by 64.7% compared to the peak period (2020–2022) and by 19.9% compared to pre-pandemic levels. During 2020–2022, registrations reached 18,933 units (average 6,311 per year), up 127% from 2016–2019 (11,118 units, average 2,780 per year). After the pandemic, demand plummeted: only 6,682 units were registered in 2023–2025 (average 2,227 per year). The number of campsites grew from 2,367 in 2019 to 4,082 in September 2024, but new campsite registrations dropped 33% (from 547 in 2022 to 367 in 2025), and about 60 campsites close annually due to oversupply.

Kia PV5 disrupts camper market: prices for motorhomes halved

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New camper registrations in South Korea plunge 81% from 2021 peak

According to CarChart, South Korea saw 7,300 new camper and caravan registrations in 2021, with a market value of 347.2 billion won. By 2025, registrations dropped to 1,361 units (down 81.4%), and market value fell to 76.4 billion won (down 78%). In the first half of 2026, only 397 units were registered (123 caravans and 274 campers). Caravans were hit hardest, with registrations down 87.2% from 2021.

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