Over 10 million US households owned an RV in 2017, while nearly 17.2 million households were looking to buy one.
For their owners, RVs are an inexpensive way to tour long distances without the need to unpack and repack bags regularly. Owners save up to 78% of travel costs during a vacation as compared to a regular holiday.
The changes in preferences as well as the increased influence of millennials in the industry have caused RV manufacturers to develop a wider range of models under the 30 feet long.
Manufacturers and other stakeholders in the industry such as truck companies, are making more efforts to communicate better with each other, with manufacturers focused on producing a better quality of product more than the prices of their products.