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May 05, 2024

RV camper trailer

Why is the RV market rising?

Today, China is becoming an important player in the global RV market, becoming the largest RV market in Asia and the world's RV manufacturing power.

Despite the late start, with the rapid economic growth and the change of mass tourism awareness, China's RV market has been very stable and rapid development in the past ten years.

According to Tianyan data, as of 2023, there are more than 7,800 existing RV related enterprises in China, including RV manufacturing, RV rental, and sales. Among domestic auto companies, MAXUS, Yutong, Great Wall, Chery and other brands have been involved in the RV business.

According to the information provided by the terminal registration data, the cumulative sales of RV in 2023 is 14,365, an increase of 22.41%. The total number of RVS in China has reached about 213,400.

Although there is still a gap between annual sales and market ownership from Europe and the United States, this market is also gestation and revealing huge potential.

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