RV Sales Plummet by 49 Percent as RV Life Loses its Shine

RV Sales Plummet by 49 Percent as RV Life Loses its Shine

RV Sales Plummet by 49 Percent as RV Life Loses its Shine

During the COVID pandemic, the RV industry experienced a surge in demand as people sought to embrace social distancing by purchasing motorhomes and camper trailers. However, the current situation tells a different story. According to data from the RV Industry Association (RVIA), sales in the first half of 2023 have plummeted across all categories, with one exception worth noting.

When we say “across the board,” we are referring to various types of recreational vehicles, including motorhomes, travel trailers, and pickup truck toppers. Travel trailers have been hit the hardest, witnessing a staggering 53.9 percent drop compared to the previous year. This category includes both standard towable and large fifth-wheel campers. However, the RVIA provides a separate figure for fifth-wheelers, which reveals a 50.9 percent decline exclusively for this group. Trailers with folding segments are down by 31 percent, while truck campers (categorized as trailers) have experienced a 33.8 percent decrease.