RVIA Highlights Resilient, United Industry in ’22 Annual Report
EDITOR’S NOTE: The following is a News & Insights report from the RV Industry Association.
2022 is in the books and once again, our industry did what it does best – face all challenges head-on and with a unified front.
We came together—manufacturers, suppliers, aftermarket, dealers, campgrounds, and finance firms—to support each other when it was most critical. Our ability to unify in the face of adversity is one of our greatest collective strengths, and it positions us well to face future challenges that might surface and impact our businesses.
Despite the softening of the market against record numbers of shipments and sales, the RV industry shipped over 492,000 in 2022, the third-best year on record for RV shipments. The continued pace of the RV industry has been remarkable especially considering we’ve faced record-inflation, economic uncertainty, high interest rates, geopolitical unrest, and ongoing supply chain issues.
The RV industry’s continued success comes as millions of Americans have realized the effect the outdoors has in creating long-term positive impacts on their individual health and on the collective health of those around them. Interest in the outdoors and RVing has exploded over the last few years, and the RV industry has stepped up to meet this growing interest with products to fit every American’s lifestyle and budget. In fact, the typical RVer has gone through its own massive shift, with the median age of new buyers purchasing in the last two years dropping to only 33 years old.
That is certainly one reason to be very optimistic about the industry’s future.
Inside this Annual Report, you will find a look back at some of the high-level Association achievements and industry highlights from the past year, including, the Association’s financials, membership and industry trends, education and standards updates, the latest from the Go RVing consumer marketing campaign, and state, federal and international advocacy efforts.
Source: https://rvbusiness.com/rvia-highlights-resilient-united-industry-in-22-annual-report/
