RV wholesale shipments are projected to climb into the mid-300,000-unit range by year-end 2024 before climbing higher in 2025, according to the June 2024 issue of RV RoadSigns, the quarterly forecast prepared by ITR Economics for the RV Industry Association (RVIA).
The new forecast projects 2024 RV shipments to range between 329,900 to 359,100 units with a median of 344,000 units. Additional growth is expected through 2025 with wholesale shipments increasing to a range of 374,200 to 408,600 with a median of 391,400 units.
“This new forecast reinforces our cautious optimism that the worst of the impact from interest rate increases are behind us, and that we’ll see a continued rise in shipments through the remainder of this year and into next year,” said RV Industry Association President and CEO Craig Kirby. “Our research also shows that people are making RVing their travel of choice with 45 million Americans planning RV trips this summer.”
View the full report (members only).
Members are invited to attend a webinar with ITR Economics for an in-depth explanation of the new forecast on Wednesday, June 12, from 1-2 p.m. ET.
Register for the webinar (members only).
