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Recreational Vehicle Manufacturing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Recreational Vehicle Manufacturing Market Research Report | Consumer Goods & Services | Sports & Recreation | Jan 2016

Smoother road ahead: Retiring baby boomers drive industry growth

The Recreational Vehicle Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Fleetwood Fleetwood market share
Jayco Corporation Jayco Corporation market share
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 11-16
0.6%
Annual Growth 16-21
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Profit
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Employment
3,146
Businesses
157
Industry Analysis & Industry Trends

The Recreational Vehicle Manufacturing industry produces a range of products that enable Australians to travel to remote locations comfortably and economically. To fully enjoy the benefits of industry products, consumers need time to travel and adequate funds to do so. Consequently, the industry's most lucrative market is baby boomers.

Industry growth has remained slow, despite its target market of Australians aged 50 and older growing as a proportion of the total population. A key driver for the industry is the amount of retirement savings that people have available to spend on a recreational vehicle. The superannuation balances of many Australians close to retirement were decimated following the global financial crisis, making recreational vehicles less affordable... purchase to read more

Industry Report - Industry Analysis Chapter

The Recreational Vehicle Manufacturing industry has recorded sluggish growth over the past five years as demand for RVs weakens. Industry revenue is forecast to grow at an annualised 0.6% over the five years through 2015-16 to reach $1.0 billion. Weaker consumer sentiment over the past five years has negatively affected demand, and purchases of new RVs were put off. Production numbers dropped and, as a result, industry revenue suffered. The current financial year is expected to be more favourable for the industry, with revenue forecast to grow by 3.1%. Positive consumer sentiment is expected to support industry growth, with the weaker Australian dollar boosting the competitiveness of locally made products and adding to growth... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Recreational Vehicle Manufacturing Industry?

Companies in this industry manufacture recreational vehicles, including towable and motorised recreational vehicles. Towable recreational vehicles include caravans and camper trailers. Motorised recreational vehicles include motorhomes and campervans.

Industry Products
CaravansCampervans MotorhomesPop-top caravans
 
Industry Activities
CaravanCampervanMotorhome productionCamper trailerRecreational vehicle outfittingCaravanCampervanMotorhome productionCamper trailerRecreational vehicle outfitting


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