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 SWOT Analysis Chapter
The industry is in the mature stage of its life cycle. Industry value added (IVA), a measure of the industry's contribution to the overall economy, is expected to increase at an annualized 4.7% in the 10 years to 2020. Meanwhile, GDP is expected to increase at an average annual rate of 2.2% over the same period. Although a higher IVA growth rate typically indicates an emergent industry, this figure captures organic growth in RV dealers' profit and wages over the ten-year period. RV dealers operate in a mature industry, characterized by moderate technological change and well-defined product segments.
RV dealers are well established in Canada and have historically catered to older demographics that often have a greater capacity for leisure and higher disposable income... purchase to read more