Recreational Vehicles Market - 6% Growth Forecast from 2020 to 2024 : GMC, REV Recreation Group, Heartland RVs, Airstream, Grand Design RV, Thor Motor Coach
Asia Pacific recreational vehicles market 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 recreational vehicles market, as of 2016.
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