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July Sees 17.5% Increase in RV Shipments, RVIA Reports

The RV Industry Association’s (RVIA) July 2024 survey of manufacturers reported a significant rise in RV shipments, with 24,116 units shipped, marking a 17.5% increase compared to July 2023. 

According to a News & Insights report of RVIA, towable RVs, particularly conventional travel trailers, led the surge, with shipments up 21.8% from the previous year, totaling 21,560 shipments. However, motorhome shipments experienced a decline, with 2,556 units shipped, representing a 9.4% decrease from July 2023. 

To date, the RV industry has seen an increase of 9.4% in shipments compared to the same period last year, with 202,712 units shipped through July 2024. In contrast, Park Model RVs saw a decline in shipments, with July 2024 figures down 13.8% compared to the same month last year, totaling 337 units.

Craig Kirby, President & CEO of the RV Industry Association, noted the significance of these results as the industry continues to recover and evolve. “July’s shipments continue this year’s moderate year over year gains,” Kirby said. He also highlighted the appeal of RVing as a popular leisure activity, with 27 million Americans planning to go RVing this fall to take advantage of the season’s favorable weather.

In addition to July’s results, the RVIA June 2024 survey of manufacturers reported that total RV shipments reached 25,308 units, reflecting a 5.0% increase over the 24,095 units shipped in June 2023.

Towable RVs, led by conventional travel trailers, saw an 11.4% increase from last June, totaling 23,020 shipments. In contrast, motorhome shipments fell by 33.2%, with 2,288 units recorded for the month. 

Year-to-date RV shipments are up 8.4%, reaching 178,596 units through June. Meanwhile, Additionally, park model RVs experienced a 13.8% decrease, with 337 wholesale shipments reported in June.

Kirby noted that RV shipments increased in June, with travel trailer shipments showing the “greatest increase” at 19% for the year. “As consumers continue to look for affordable ways to vacation, RVs provide consumers with the freedom to travel while also controlling their costs and itineraries in a way that is easier than with traditional travel options,” Kirby said.

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Hi, you might find this article from Modern Campground interesting: July Sees 17.5% Increase in RV Shipments, RVIA Reports! This is the link: https://moderncampground.com/usa/july-sees-17-5-increase-in-rv-shipments-rvia-reports/