Analytics

Market overview

RV Industry Trend

Industry peaked at 600K units in 2021, troughed at 313K in 2023, now in its third year of recovery.

342,220
RV units shipped in 2025
+2.5%
YoY growth (2025 vs 2024)
−12.1%
Q1 2026 YoY

RV wholesale shipments, 2017–2026F

Source: RVIA 2026 RoadSigns Spring forecast. Q1 2026 actuals tracking 12% below pace.

2025 shipment mix

  • Travel Trailers 68.6%
  • Fifth Wheels 18.6%
  • Other Towables 2.2%
  • Motorhomes 10.5%

Travel trailers and fifth wheels remain ≈90% of US RV shipments.

RV unit shipments are an upstream indicator. Park demand is driven more by the installed RV fleet (≈11.2M owned units) than by annual new-unit production.

Industry structure

US RV Park Industry

$11B industry split across 16,200 mostly mom-and-pop parks. Less than 2% institutionally owned.

$10.9B
US RV park industry revenue (2025)
16,200
Private RV parks
78%
Independently owned

Park ownership in the US

  • Mom-and-pop (independent) 78%
  • Multi-facility (small chains) 10%
  • Other (membership, public) 10%
  • REITs 2%

Less than 2% of US RV parks are owned by REITs — a structurally fragmented market with significant consolidation potential.

Top US states by private RV park count

South region 8,100 parks 50% of US total

Florida is the #2 state by park count — and the leading state for snowbird-driven seasonal demand. Half of all US RV parks are in the South.

The fragmentation of US RV park ownership creates an institutional consolidation opportunity — modern operators acquiring legacy mom-and-pop parks at higher cap rates, then repositioning to REIT-quality yields.