RV Shipments Increase, Indicating Growing Need for Toy Storage

Results for the RV Industry Association’s April 2024 survey of manufacturers found that total RV shipments ended the month with 34,197 units, an increase of 9.5% compared to the 31,216 units shipped in April 2023.

Following RV shipments allows RV storage developers to predict future need for RV storage, which has consistently fallen short of meeting demand. According to recent research, the need for RV and boat storage is five times greater than current supply. This recent report indicates consumers are continuing to purchase RVs, confirming the need for future RV storage development. 

“We are encouraged by the continued incremental increases we have been seeing in RV shipments over the past six months,” said Craig Kirby, RV Industry Association President & CEO. “In this budget conscious environment, consumers are looking for more affordable travel options for their summer trips. RVing is the choice for over 45 million Americans this summer because they can create lifelong memories with family and friends while also saving up to 60% compared to traditional air/hotel vacation.”

Towable RVs, led by conventional travel trailers, ended the month up 14.2% from last April with 30,682 shipments. Motorhomes finished the month down (-19.4%) compared to the same month last year with 3,512 units.

To date, RVs are up 9.4% compared to the same timeframe last year with 120,138 units shipped through April.

Park Model RVs finished April down (-6.2%) compared to the same month last year, with 453 wholesale shipments.

Click here to view the RVIA Shipment Report in PDF format.

Interested in learning more about RV and boat storage development, investing, owning and operating? Toy Storage Nation’s next Executive RV and Boat Storage Workshop in St. Louis, June 7, will give you the headstart you need to achieve success. Learn more, register today.  

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