Type A RV
member icon Member LOGIN

Remember me next time

Forgot password?

Home » News Room » News » RVIA Press Releases
Subscribe to RVIA's News Feed Go back to the press release list...

RV Shipments to Rise Over the Next Two Years

Wholesale RV shipments are expected to reach 269,700 units in 2012, 6.9% above the 2011 total of 252,300, according to a new forecast by RV industry analyst Dr. Richard Curtin released at RVIA’s Committee Week, held in Washington, D.C. from June 10 – 14. Shipments will continue to increase in 2013 to 280,000 units, a gain of 3.8% over the projected 2012 total.

“RVs are a bellweather industry,” said Curtin, director of consumer surveys at the University of Michigan, who produces the monthly Index of Consumer Sentiment. “I expect the RV market to consistently grow at a moderate pace over the next two years.”

The industry’s growth is a sign of the RV’s position in American culture, Curtin told RVIA members. According to Curtin, RVs have always been purchased as a means of achieving some valued outcome. Evidence from recent studies continue to support the traditional industry label of RVs being a family-oriented product.

The positive RV outlook comes at a time when fundamental changes have taken root in the economy, in consumer demand, and in the RV market.

“Future RV buyers will be both younger and older than before,” said Curtin. “They will likely have more limited budgets, own smaller tow vehicles, and will live and play in different locations.”

“The RV’s iconic status is based on consumers’ strong desire to own an RV,” said Curtin. “This reflects deeply held family values, the enduring appeal of the natural environment, and people’s desire to instill in the next generation their cherished traditions.”

While Curtin anticipates that core demand for RVs will remain strong in the decades ahead, he said the RV units themselves will continue to evolve at an escalating pace.

“Just as today’s vehicles are similar, but completely different than yesterday’s, tomorrow’s RVs need to be transformed to meet the needs of an ever-changing consumer,” Curtin said.

“Consumers have only begun to express their changing RV preferences to match their changing economic circumstances and lifestyles,” Curtin said. “Consumers want an equivalent RV experience at a price that meets their new budget constraints. These limitations are likely to persist for some years to come. Importantly, lasting gains will come from innovative features and quality improvements based on a consumer-centric approach to each segment.”

Go back to the press release list...

Copyright ©2018 All rights reserved...