What's Driving the Recreational Vehicles Market, 2019 Industry Share Airstream, Keystone RV, REV Recreation, Thor Industries, Thor Motor Coach, Winnebago
Recreational vehicles market in APAC is expected to witness significant growth at around 7% over the forecast period. This can be credited to the significant growth of the middle-class population and increasing emphasis on development of tourism in countries including China, India, Thailand, South Korea, Australia, and Japan. According to the U.S. Department of Commerce, China had around 56 active RV manufacturers contributing significant share of the nation's RV market, as of 2016.
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