SSI: RV Industry Sets Retail Sales Record with 567,079 Units
The RV industry set a new record for retail sales last year as 567,079 registrations were recorded across North America in 2021. That’s an 8.4% increase – 43,981 units – better than the previous record of 523,098 set in 2020, according to Statistical Surveys Inc., the Grand Rapids, Mich.-based supplier of RV industry retail and consumer demographic data.
Nearly every segment also saw a year-over-year increase, with the exceptions being camping trailers (8,815 in 2021 vs. 9,629 in 2020; an 8% decline), Class A motorhomes (15,501 vs. 17,514; -10%) and Class C motorhomes (26,106 vs. 27,234; -4%).
Otherwise, it was all positive for the following categories: Class B motorhomes (11,874 vs. 8,725; 36%), fifth-wheels (110,249 vs. 90,150; 22%), truck campers (1,920 vs. 1,725; 11%), travel trailers (389,949 vs. 365,931; 7%) and park models (2,665 vs. 2,550; 4.5%).
It’s worth noting that the annual record was set despite the final seven months showing year-over-year declines. There were 23,056 retail registrations in December 2021, a 19% decline from the 28,404 units recorded in the prior December.
Prior to this streak, though, there had been 12 months in a row of record retail registrations. Read the full article from RVBusiness.