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Recreational Vehicle Dealers in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Recreational Vehicle Dealers in Canada Market Research Report | NAICS 44121CA | Jan 2016

Revving engines: The growing baby boomer retirement rate will boost revenue

IBISWorld’s Recreational Vehicle Dealers market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 11-16
3.6%
Annual Growth 16-21
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Profit
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Employment
7,085
Businesses
990
Industry Analysis & Industry Trends

The Recreational Vehicle Dealers industry fared well after the recession, with consumers leaning toward cheaper road trip vacations. RVs allow vacationers to save on hotels and travel, making them a cheap alternative for those still recovering from the recession. Revenue is expected to grow slightly faster in the five years to 2020... purchase to read more

Industry Report - Industry Products Chapter

RVs can be classified as a motorized or towable vehicle that combines transportation and temporary living quarters for travel, recreation and camping. Dealerships also typically offer RV parts, repair services and financing agreements, usually through a bank partnership. As with new car dealers, RV dealers often accept a used trade-in RV toward the purchase of a new RV; dealers make additional profit by selling the used RV at a markup of between 10.0% and 40.0%. This gives businesses the opportunity to increase profit by selling high-margin used RVs. Many dealers fully service trade-in RVs to attract a higher price on resale. Retail customers have the incentive to purchase pre-owned serviced vehicles because they are able to get warranty service through the dealership... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Recreational Vehicle Dealers Industry?

This industry sells new and used motorized or towed recreational vehicles (RVs). The industry also provides repair services and sells parts.

Industry Products
Travel RVsFifth-wheel trailersFolding camping trailersTruck campersClass AClass BClass CParts and services
 
Industry Activities
Retailing motor homesRetailing recreational vehicles (RVs)Repairing recreational vehicles and accessoriesRetailing travel trailers


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