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News for January 20, 2022

RV Shipments Expected to Exceed 600,000 Units in 2021, 2022

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Wholesale shipments of recreational vehicles are anticipated to go beyond 600,000 units this year and the next, as per the Winter 2021 issue of RV RoadSigns, the quarterly forecast produced by ITR Economics for the RV Industry Association (RVIA).

“RV manufacturers and suppliers have accomplished something never before seen with the incredible number of RV produced in 2021 and forecasted to be built in 2022,” said RV Industry Association President & CEO Craig Kirby.

“More RVs will be headed to dealer lots in 2022 than ever before, allowing even more consumers to experience the freedom and control of traveling the country in their ideal RV.”

The recent forecast for 2021’s year-end RV is between 593,600 and 610,800 units, with a likely end-of-year total of 602,200 units. That’s an increase of 40 percent from the 430,412 units that were shipped last year. A continued increase is anticipated through 2022, with shipments between 599,760 to 627,700 units, with a likely total of 613,700 units, an increase of 1.9 percent over 2021.

“The RV industry is looking at double-digit growth rates into mid-2022, due in part to low inventories, the strong financial standing of consumers, and the desire of consumers to get outdoors and experience an active outdoor lifestyle,” said Jeff Rutherford, RV Industry Association Chair and President & CEO of Airxcel. “Thanks to the RV manufacturers and suppliers, more consumers than ever before will be able to take advantage of all of the benefits of owning an RV.”

RVIA members can see the Winter 2021 issue of RV RoadSigns by clicking here.
Members are also invited to take part in a webinar hosted by ITR Economics for an in-depth explanation of the latest forecast on December 6 at 2 pm Eastern. Members can sign up for this webinar by clicking this link.

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Modern Campground

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