Motorcoach, Travel Trailer & Camper Manufacturers NAICS 336213, 336214

May 23, 2025 - Faster Growth Forecast

• Sales for the US travel trailer and camper manufacturers industry are projected to grow at a CAGR of 5.77% between 2025 and 2029, faster than the overall economy's projected growth, according to a forecast from Inforum and the Interindustry Economic Research Fund, Inc. Consumer sentiment is expected to improve in the forecast period, which bodes well for the durable goods sector. A factor that may curb consumer spending is substantially higher tariffs on consumer goods, which may be painful for households. On a positive note, lower inflation supports a moderate increase of real disposable income by about 2% in 2025 and 1.9% in 2026. Real income could suffer if average prices rise due to tariff implementation. The durable goods manufacturing sector forecast indicates that the labor force is expected to diminish, barring immigration reform that allows greater numbers. However, new technologies could support labor productivity for the industry.
• Consumer confidence levels, an indicator of discretionary spending, fell in April 2025 month over month, dropping by 7.9 points, according to the Consumer Confidence Index from the Conference Board. Consumer confidence levels have fallen for five consecutive months, reaching levels not seen since the beginning of the COVID pandemic, according to The Conference Board, which publishes the monthly index. In addition, the final index of consumer sentiment from the University of Michigan dropped 8% in April 2025 from the previous month, according to CFO Dive. An index measuring consumers’ expectations for the future fell nearly a third since January, the steepest three-month percentage decline since the 1990 recession. According to survey director Joanne Hsu, “Consumers perceived risks to multiple aspects of the economy, in large part due to ongoing uncertainty around trade policy and the potential for a resurgence of inflation looming ahead.”

• According to RV Pro, any new tariffs by the Trump administration on goods imported from Canada and Mexico could have a chilling effect on RV sales due to the implementation of retaliatory tariffs and the creation of significant supply chain issues. The majority of RVs sold in Canada are made in America, with 29,489 units shipped to Canada in 2024 at an estimated retail value of $1.7 billion, per a statement by the RV Industry Association (RVIA). Per the statement, “Mexico and Canada are major partners for the American RV industry. Canada is the largest international buyer of U.S.-made RVs.” Many components used in RV manufacturing come from Canada, Mexico, and China, which has also seen increased tariffs. In April 2025, the Canadian government imposed a 25% tariff on new and used motor vehicles, including RVs, imported from the US. The Trump administration has implemented a range of tariffs to encourage companies to bring more manufacturing to the US and urge other countries to comply with US policy goals.
• A new forecast projects that RV wholesale shipments will reach a median total of 350,100 in 2025, which would be a 5% increase over 2024’s year-end total, according to the RV Industry Association’s Spring 2025 issue of RV RoadSigns. The forecast range is 333,400 to 366,800 wholesale units. In 2024, the industry’s wholesale shipments increased 7% from 2023. According to RV Industry President & CEO Craig Kirby, “Interest rates continue to be a challenge, but there are green shoots for the market including continued consumer interest in RVing, creating a positive overall retail environment.” The forecast was generated for the RV Industry Association by ITR Economics.