An RV industry, media, and influencers were sent the market research study by Strategy Titan. RV sales were forecasted for 2021 and 2022 by identifying all current indications.
In spite of the fact that the study wasn’t intended for public consumption, it gave the industry enough information to decide how to proceed. Additionally, RV media and bloggers used the information to guide their research and observations.
Massive growth was seen in 2021. It is estimated that 430,412 RVs were sold in 2020, according to Go RVing. According to RVIA estimates, between 567,000 and 587,400 jobs will be created in 2021. According to the study, the RV industry will sell over 550,000 units in 2022, but some types of RVs will do better than others.
There will be some adjustments to RV sales in 2022, but they will continue to increase.
There will be a three to five percent drop in overall sales for most RV categories. There will, however, be some RV types that have sales elevations of up to 8%. My interpretation of this is that full-size trailers, fifth wheels, and Class A motorhomes will sell fewer units in 2022, but consumers are expected to make up those lost units in the following categories, which are expected to grow by a similar amount.
- Teardrop campers and hardside pop-up campers are among our many styles of camping trailers.
- There is one saving grace for Class C motorhomes, which is the Mercedes-Benz Sprinter small-chassis model.
- My surprise was the same as yours when I saw park models. Park models, however, are a great alternative for those involved in the tiny house movement.
I wondered how the study could predict sales forecasts so high when they were so optimistic. Several factors have held back manufacturers, including updates to RV backlogs and Mother Nature. We won’t see a significant reduction in the backlog until well into the camping season of 2023, according to experts.