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South Korea's camping vehicle market shrinks 80% over four years

28.07.2026 07:00 1 min 1 source РУС
v.daum.net KOR
South Korea's camping vehicle market shrinks 80% over four years
Original source: Daum | 디지털타임스

According to a CarChart report based on vehicle registration data, South Korea's camping vehicle market (motorhomes and caravans) fell to 76.44 billion won in 2025, down 78% from 2021. Sales dropped from 7,300 units in 2022 to 1,361 in 2025, and to 397 in the first half of 2026. Analysts attribute the decline to a shift toward value-oriented spending after the pandemic. Recovery is expected from new electric models such as the Hyundai ST1 and Kia PV5.

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