SSI: Retail Registrations Off 13.2% in March, 8.7% in Q1 – RVBusiness – Breaking RV Industry News
GRAND RAPIDS, Mich. – The trend of year-over-year decreases in the retail registration data continued in March 2025, as recorded by Statistical Surveys Inc., the Grand Rapids, Mich.-based subsidiary of Trader Interactive that monitors retail and consumer data for the RV industry. This continues the trend of year-over-year declines dating back to 2023.
There were 28,997 retail registrations in the third month of this year, which is 4,427 fewer units – a 13.2% decrease – versus the 33,424 for the same period in 2024. For comparison, the RV Industry Association (RVIA) reported that there were 37,348 RV shipments in March 2025
For the first quarter of 2025 there have been 70,406 retail registrations, an 8.7% decrease compared to the 77,136 registrations for the same period last year. For comparison, there were 97,848 wholesale shipments in the first three months of 2025.
UNITED STATES
• Travel Trailers – 18,655 retail registrations in March 2025 (vs. 21,063 in March 2024; an 11.4% year-over-year decrease). Market share leaders: Forest River Inc. (40.8%), THOR Industries Inc. (39.7%), Grand Design RV Co. (7.2%).
• Fifth-Wheels – 4,566 (5,439; -16.1%). Market share leaders: THOR (37.4%), Forest River (28.0%), Grand Design (16.3%).
• Camping Trailers – 300 (472; -36.4%). Market share leaders: Forest River (55.7%), Aliner (24.0%), Purple Line LLC (7.0%).
• Park Models – 198 (228; -13.2%). Market share leaders: Champion Homes (25.3%), Cavco Industries (23.7%), Platinum Cottages (11.6%).
• Class A – 608 (761; -20.1%). Market share leaders: THOR (46.1%), Forest River (21.9%), Newmar Corp. (14%).
• Class C – 1,564 (1,956; -20%). Market share leaders: THOR (54.3%), Forest River (22.7%), Winnebago Motorized (8.9%).
• Class B – 668 (883; -24.3%). Market share leaders: THOR (41.3%), Winnebago Motorized (25.4%), Forest River (10.9%).
CANADA
• Travel Trailers – 1,847 (1,966; -6.1%). Market share leaders: THOR (38%), Forest River (34%), Grand Design (8.3%).
• Fifth-Wheels – 222 (303; -26.7%). Market share leaders: THOR (37.4%), Grand Design (26.6%), Forest River (21.2%).
• Camping Trailers – 39 (47; 17%). Forest River (79.5%), Aliner (15.4%).
• Park Models – 1 (3; -66.7%).
• Class A – 26 (26; 0%). Market share leaders: THOR (65.4%), REV Recreation Group and Forest River (11.5%).
• Class C – 139 (113; +23%). Market share leaders: Forest River (59.7%), THOR (29.5%), Leisure Travel Vans (3.6%).
• Class B – 48 (48; 0%). Market share leaders: THOR (62.5%), Pleasure Way Industries (18.8%), Winnebago Motorized (16.7%).
