Report: RV Shipments Inch Up in March on Towable RV Growth
The RV Industry Association (RVIA) found from its March 2024 survey of manufacturers that total RV shipments ended the month with 32,243 units, an increase of 1.2 percent compared to the 31,869 units manufacturers shipped in March 2023.
“Our cautious optimism for the year continues as RV shipments are up over 9 percent through the first quarter of 2024,” said RVIA President and CEO Craig Kirby. “The strong desire to get out and RV continues with our latest survey data showing that 89 percent of RVers have taken an RV trip in the past year and 26 million Americans planning to take an RV trip this spring.
“Millennials, many with young families, are showing the greatest interest in RVing, with 38 percent saying they would like to take an RV trip in the next year,” continued Kirby.
Towable RVs, led by conventional travel trailers, ended the month up 5.9 percent compared to last March with 29,018 shipments.
Motorhomes finished the month down 27.8 percent compared to the same month last year with 3,225 units. RVs are up 9.3 percent to date compared to last year at the same time, with 85,941 units shipped through March. Park Model RVs finished March down 36.5 percent compared to the same month last year, with 343 wholesale shipments.