Open roads: RVs will likely continue to rise in popularity among younger demographics
The Recreational Vehicle Dealers industry has performed well over most of the past five years, supported by consumer confidence and disposable income growth. More baby boomers, one of the industry's principal market segments, are entering retirement and buying RVs. The COVID-19 pandemic contributed to strong industry growth given the safe mode of travel and vacation offered by RVs. Revenue is expected to increase a CAGR of 1.6% to $4.8 billion over the five years to 2023, including an increase of 4.5% in 2023 alone.
The Recreational Vehicle Dealers industry in Canada sells new and used motorized or towed recreational vehicles (RVs), and additionally, provides repair services and sells parts.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Methodology
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