The camper and caravan market in South Korea is in sharp decline due to the arrival of affordable Kia PBV electric vehicles. According to industry data, prices for most used campers have halved, and sales of new motorhomes have fallen 75% over three years — to 1,525 units in 2024 compared to 2022.
The Kia PV5 van version costs about 25 million won, while traditional campers cost 70–80 million won. It allows the use of electrical appliances and air conditioning for 2,000 won per night. Large models with a toilet and electrical system, which require a separate parking certificate and monthly parking fees of around 300,000 won, have become particularly unsellable.
The number of camping users fell 13.9% year-on-year to 5.46 million people, and the market shrank by 11.8%.