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Today, we examine the state of the RV industry as it continues to perform at a higher level than we expected. We use a few articles from RVbusiness.com to help us understand what is driving the industry forward.
The New Golden Age Of Camping
The Dyrt CEO Kevin Long believes we are in the “new golden age of camping.” “The demand for camping has never been greater, but technology is making it easier to find camping, and property owners are rapidly expanding. As a result, campers have more options than ever before.”
Dyrt released a report finding that an estimated 84.8 million Americans went camping in 2023, and 5.5 million of those were first-time campers. This brings the total number of new campers since 2021 to more than 20 million.
For more info, check out the full article here.
RVing & Camping Is Multi-Generational
According to the latest Technavio market research report, the RV market is expected to grow by $32.03 billion from 2022 to 2027. Part of the reason could be the increasing adoption of RVs by different generations. RV manufacturers incorporate innovative elements into their products to provide a cost-effective utility combination for budget-conscious buyers. Moreover, buyers are looking for RVs with features like spacious refrigerators, TVs, and Wi-Fi, offering a unique level of comfort not found in other modes of transportation. RVs are favored by different generations of consumers, including baby boomers, millennials, and Gen X. Furthermore, the growing demand for RVs is prompting manufacturers to introduce new RV models, thereby expanding their appeal.
For more information, check out the full article here.
Lippert See’s OEM Manufacturing To Start Picking Up
Lillian Etzkorn, the CFO of Lippert, says, “If you look at March, we’re seeing RV OEMs increase some days production – which in some cases will be 20% for some of those. Others are flat. Others are just adding a few units a week to their production schedule,” Lippert said. “So, like we’ve said all along, we know what goes down must come up. And it feels like we’re starting to come off the bottom, at least in March we’ll certainly see a little more volume.”
To see the full article, click here.
Forest River is Consolidating Its NoBO and Ibex Lines
When Forest River combines the No Boundaries and Ibex lines, it will open the building where the No Boundaries (NoBo) RVs were made, and Forest River will turn this location into an Enhanced Parts and Service Center.
RV Bussiness.com reports that operations at the current No Boundaries manufacturing facility in Goshen, Indiana, are scheduled to wind down over the next several months. At the same time, Forest River will transform the older manufacturing facilities into an enhanced parts and service center.
To read the full article, click here.
KOA Is Getting Everyone Outdoors & Enjoying Their Trails
KOA has partnered with Grit Freedom Chair, which builds an all-terrain wheelchair. The goal for Grit and KOA is to get more people enjoying the great outdoors and the best part, the Grit Freedom Chair will be free to rent at participating KOA’s.
To learn more and read the full article here.
Would You Buy An RV Sight Unseen?
Mark Wahlberg Airstream is launching a virtual Airstream Dealership. You will be able to tour and view Airstreams without leaving your house, which leads us to ask: Would you use this service?
To read the full article, click here.
RV Park The Presidential View RV Ranch Runs Into Trouble
Stephanie Hopson, a resident who lives near the new RV ranch, filed the lawsuit because she believes the property lacks the proper infrastructure for an RV campground.
We hope this all gets worked out to the point where everyone is happy and that the RV Ranch can be built. The RV market needs more campgrounds to continue to grow.
To read more, click here.
Come See Us At The FMCA Convention In Tucson For Free
We will be attending and putting on live morning shows of the podcast at this year’s FMCA Convention in Tucson, Arizona, from March 26th to the 29th. If you live in Arizona, you get a free one-day pass to enter the event, which includes not only us but entertainment, vendors, and RV tours. There were also several good food trucks on location. So come on out and see the show!
Kenny is taking his third Fantasy RV Trip
Be sure to follow our Beyond The Wheel Instagram Page to see Kenny and his wife visit Mexico. They will be traveling to Guerrero Negro to take a small boat out into the water to see and possibly even pet gray whales. Kenny will share videos and photos from his trip in our IG Stories.
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Take care and safe travels!
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