Driving force: An increasing number of retiring baby boomers will support industry growth

Operators in the Recreational Vehicle Manufacturing industry produce a range of products that enable customers to travel and holiday in 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.The industry has grown slowly over the past five years, despite its target market of Australians aged 50 and older growing as a proportion of the total population. Real household discretionary income is a key industry driver and reflects the amount of money people are able to spend on discretionary and luxury items, such as recreational vehicles (RVs)...read more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24
Market Share of Companies

Industry Threats & Opportunities

  • The industry has benefited from Australia’s ageing population over the past five years
  • Australia’s ageing population is expected to drive long-term industry demand
  • Competition from other holiday alternatives will remain a prominent threat over the next five years
  • Industry Report - Starting a New Business Chapter

    The Recreational Vehicle Manufacturing industry displays moderate barriers to entry. While the industry exhibits a low level of capital intensity, there are still considerable start-up costs involved in establishing operations. While new entrants making customised RVs may find it easier to enter the market, new entrants intending to compete with existing major players must invest significantly in plant and equipment to reach the scale needed to earn a suitable return on assets. For example, the industry's largest player, Jayco, operates a 60,000 square-metre factory on a fifty-acre manufacturing complex. The scale of Jayco and Fleetwood's operations and brand recognition their products carry, make entry into the industry on a large scale difficult...purchase to read more.

    Additional Insights for the Recreational Vehicle Manufacturing Industry

    IBISWorld has determined the most important Key Success Factors for the Recreational Vehicle Manufacturing are:

  • Having an extensive distribution/collection network
  • Having a good reputation
  • Provision of superior after sales service
  • IBISWorld analysts also discuss how external factors such as Population aged 50 and older and Real household discretionary income in the Recreational Vehicle Manufacturing industry impact industry performance..

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    What's in this report

    What is the Recreational Vehicle Manufacturing Industry?

    Industry firms 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
  • Caravans
  • Campervans
  • Motorhomes
  • Pop-top caravans
  • Other products
  • Industry Activities
  • Caravan
  • Campervan
  • Motorhome production
  • Camper trailer
  • Recreational vehicle outfitting
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Population aged 50 and older
  • Real household discretionary income
  • World price of crude oil
  • Domestic price of iron and steel

  • Current Performance
  • Growing popularity
  • A bumpy road
  • Profit
  • RVs and motor vehicles
  • Chart: Revenue Growth

  • Industry Outlook
  • Profit
  • Popularity cruises along
  • Competition
  • Table: Recreational Vehicle Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Recreational Vehicle Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Contract Mining Services
  • Trailer and Caravan Dealers
  • Passenger Car Rental and Hiring

  • Key Selling Industries
  • Automotive Electrical Component Manufacturing
  • Gold and Other Non-Ferrous Metal Processing
  • Motor Vehicle New Parts Wholesaling

  • Products & Services
  • Caravans
  • Pop-top caravans
  • Motorhomes
  • Other products
  • Campervans
  • Chart: Recreational Vehicle Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • People aged 55 and over
  • People aged 35 to 54
  • Mining firms and other companies
  • People aged 15 to 34
  • Exports
  • Chart: Major Market Segmentation for the Recreational Vehicle Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Recreational Vehicle Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Recreational Vehicle Manufacturing Industry

  • Industry Globalization
    Jayco Corporation Pty Ltd,
  • Table: Jayco Corporation Pty Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Recreational Vehicle Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Recreational Vehicle Manufacturing Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Australian Design Rules (Adrs)
  • National standards for vehicle safety, anti-theft and emissions.
  • Baby Boomer
  • A term used to describe individuals born in the late 1940s to the 1960s. Older boomers began qualifying to retire in 2007. Later born boomers will continue entering retirement over the next decade.
  • Grey Nomad
  • An individual, typically retired, aged 55 or older who takes long-term camping trips across Australia.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Recreational Vehicle Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Recreational Vehicle Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Recreational Vehicle Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Recreational Vehicle Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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