The Winter 2024 edition of RV RoadSigns, the quarterly forecast prepared by ITR Economics for the RV Industry Association (RVIA), projects slight growth in RV wholesale shipments this year, with an anticipated rise to 324,100 units.
Forecasts for 2025 also suggest an increase to the mid-300,000 unit range.
“Wholesale shipments are edging up slightly over last year’s total in the face of stubborn interest rates and stretched consumer finances,” said RVIA President and CEO Craig Kirby. “The market is poised for additional growth next year with dealer inventories at healthy levels, continued strong consumer interest in RV ownership, and interest rates that are expected to ease.”
According to a News and Insights report of RVIA, the forecast indicates that shipments for 2024 will range between 311,600 and 336,600 units, with a median estimate of 324,100 units.
For 2025, projections show a range of 329,900 to 362,300 units, with a median forecast of 346,100 units, highlighting a potential upward trend in the industry.
To provide an in-depth explanation of these projections, the RVIA will host a webinar on Monday, December 9, at 2 p.m. Eastern. The event will feature ITR Economics Senior Forecaster Connor Lokar.
The RV RoadSigns forecast, published quarterly, offers industry stakeholders detailed projections on wholesale shipment trends and analyzes macroeconomic factors influencing the RV market. This report serves as a critical tool for industry decision-making and planning.
Available exclusively to RVIA members, the upcoming 60-minute webinar will include an in-depth presentation of the Winter 2024 forecast. Attendees will also have an opportunity to engage in a Q&A session with Lokar following the presentation.
For more information about the RVIA, visit their website here.