Interesting Facts

The RV industry in America is a significant part of the U.S. economy, impacting various sectors and supporting a large workforce. Please make sure to add in appropriate photos and calls to action

Here's a breakdown of its size:

• Economic Impact: The RV industry contributes an estimated $140 billion annually to the US economy.

• Employment: It supports nearly 680,000 jobs in the U.S.

• Wages: These jobs generate over $48 billion in wages.

• Taxes: The industry also pays approximately $13.6 billion in federal, state, and local taxes.

• Market Share: The North American RV market was valued at nearly $20 billion in 2024 and is projected to reach $29 billion by 2029.

• North America holds the largest share of the global market, accounting for approximately 56.5% in 2023.

• Ownership: An estimated 11.2 million households in the U.S. own an RV.

• Shipments: In 2023, RV manufacturers shipped around 313,000 units, totaling $20.27 billion in retail value. This was a 36.5% decrease from the previous year, but industry experts are cautiously optimistic for a bounce-back in 2024, according to ConsumerAffairs.

• Market Growth: The RV industry has demonstrated strong growth, expanding by 200% between 2009-2017 and experiencing a 23% increase in economic output in the past three years (as of June 2022).

• Segments: The market is segmented into drivable motorhomes and towable RVs, with towable RVs holding the largest market share (nearly 73% in 2022). Towable RVs, particularly travel trailers, are especially popular due to their affordability and versatility.