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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Analysis Chapter

Since RVs are large purchases that often require a long-term financial commitment, credit access and consumer confidence in the economy largely determine RV sales. Industry performance is also dependent on demographic shifts among baby boomers, the industry’s most lucrative customer group, and the price of crude oil. Although the Great Recession is long over and impacted the Canadian economy less severely than that of the United States, it crippled the retirement savings of Canada’s baby boomer generation, resulting in industry revenue decline until 2012. Since then, stronger consumer spending and favourable interest rates have renewed demand for RV purchases, despite sluggish economic performance in oil-producing regions... 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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