Search
Fifth Wheel 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...

Surging RV Shipments to Continue Growth in 2014

The strong performance of the RV market will continue in 2014, RVIA President Richard Coon told attendees at “Outlook 2014: Everywhere,” the launch event of the 51st Annual National RV Trade Show in Louisville, KY. RV shipments in 2014 are expected to reach 335,500 units – a 6.1% increase from the projected total for 2013.

Speaking to more than 1,000 RV manufacturers, dealers and industry representatives on Tuesday, Dec. 3, Coon provided an optimistic look at the industry’s future, based on a new projection from Dr. Richard Curtin, director of consumer surveys at the University of Michigan, in RVIA’s quarterly forecasting newsletter RV Roadsigns.

The rise in shipments to 316,300 units by year-end 2013 would be a 10.7% gain over the 2012 total of 285,749 and include double digit gains in conventional travel trailers and type A motorhomes. The industry is poised to surpass 300,000 shipments for the first time since the recession. The expected increase in 2014 would mean five consecutive years of RV market growth.

“RV shipments are growing,” Coon said. “Consumer confidence is growing, credit is available, and RVs are visible, popular and even cool. This is a good time to be in the RV business.”

Shipments are expected to rise in each product category, according to the new forecast, and motorhome growth is anticipated to be particularly strong. In 2013 and 2014, motorhomes are predicted to reach 12% of all shipments – up from 10% in 2012.

The growing strength in RV shipments is due to rising consumer confidence and improved economic conditions; however, lingering uncertainty about government policies and programs could affect the economic outlook, Coon cautioned.

“Our forecasts are affected by the economy,” Coon said. “The economy is improving, but that progress could be undone if our political leaders fail to behave responsibly.”

During his presentation, Coon walked the audience through RVIA’s 2014 projection for each of the major RV product types, which are shown in the table below.

RV Type

2012

2013 (proj)

2014 (proj)

Travel Trailers

176,900

195,000

206,100

5th Wheels

65,980

68,900

73,000

Folding Camping Trailers

11,265

10,900

11,000

Truck Campers

3,406

3,400

3,500





ALL TOWABLE

257,551

278,200

293,600





Type A Motorhomes

14,582

19,100

21,000

Type B Motorhomes

2,123

2,200

2,600

Type C Motorhomes

11,493

16,800

18,300





ALL MOTORIZED

28,198

38,100

41,900





TOTAL – ALL RVs

285,749

316,300

335,500


“This has been a good year for sales and for promoting RVs to our core audiences,” Coon said. “There is strong demand for RVs, and I am excited about our industry’s future.” 


Go back to the press release list...

Copyright ©2018 RVIA.org. All rights reserved...