CLEVELAND, Sept. 15, 2017 /PRNewswire/ -- US demand for recreational vehicles (RVs) are forecast to reach $16.6 billion in 2021, according to Recreational Vehicles: United States, a report recently released by Freedonia Focus Reports. Rising disposable personal income levels will support gains. In addition, sales stand to benefit from population growth among the age cohorts that are most likely to buy RVs.
More information about the report is available at https://www.freedoniafocusreports.com/pub/11139792.html
Travel trailers are expected to account for the majority of value gains and remain the largest product segment over the forecast period. The availability of a broad range of models across many size and price points will boost sales as the industry makes efforts to expand the appeal of towable recreational vehicles to a broader demographic.
These and other key insights are featured in Recreational Vehicles: United States. This report forecasts US recreational vehicle demand and shipments in US dollars at the manufacturers' level to 2021. Total demand is segmented by product in terms of:
- travel trailers
- class A motorhomes
- other motorhomes
- campers & camping trailers
To illustrate historical trends, total demand, total shipments, the various segments, and trade are provided in annual series from 2006 to 2016.
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Consumer Goods reports can be purchased at Freedonia Focus Reports or MarketResearch.com.
Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
- total historical market size and industry output
- segmentation by products and markets
- identification of market drivers, constraints, and key indicators
- segment-by-segment outlook in five-year forecasts
- a survey of the supply base
- suggested resources for further study
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SOURCE The Freedonia Group