RV Shipments to Rise Throughout 2024 and 2025
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.
"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 & 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."
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.
RV Industry Association members can view the Summer 2024 issue of RV RoadSigns here.
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