RV wholesale shipments are projected to climb slightly this year to 324,100 units and then see continued growth to the mid-300,000 unit range in 2025, according to the Fall 2024 edition of RV RoadSigns, the quarterly forecast prepared by ITR Economics for the RV Industry Association (RVIA).
“Persistent high interest rates have been a headwind for the RV market but we are optimistic that shipments will remain steady over the coming months before gaining more traction next year,” RVIA President & CEO Craig Kirby stated in an RVIA News & Insights report. “There continues to be strong consumer interest in RV travel and camping and as interest rates ease the RV industry is well-positioned to gain ground.”
The new forecast projects 2024 RV shipments to range between 311,600 to 336,600 units with a median of 324,100 units with the range rising to 329,900 to 363,300 units with a median of 346,100 units in 2025.
RVIA members can view the Summer 2024 issue of RV RoadSigns here.
Members are invited to attend a webinar with ITR Economics for an in-depth explanation of the new forecast at 2 p.m. ET, Monday, Sept. 9.
RVIA members can register for the webinar here.
The post RVIA: Shipments Expected to Gain Ground Through 2025 first appeared on RVBusiness - Breaking RV Industry News.