Market Trends of Asia-Pacific Recreational Vehicle Industry
This section covers the major market trends shaping the APAC Recreational Vehicle Market according to our research experts:
RV Rental will hinder the growth of the Market
RV rental services are the platform through which anyone can enjoy RV experience occasionally. Platforms such as JapanCampers, Fuji Cars Japan are growing in the regional market, connecting various RV rental customers to private owners. These platforms provide RV booking either through online or face-to-face meetings. The growing RV rental information platforms provide ease of booking an RV, which is affecting the new RV sales in the region.
Similarly Shanghai Auto, one of the largest motorhome manufacturers in China is trying to construct a motorhome ecosystem in China. Its plan includes taking over the operation of campgrounds and providing rental business incorporation with tourist agencies for designing motorhome camping trips throughout China. RV2GO an RV rental app that also provides campground booking is popular with local consumers with a total of 1.1 million downloads. This app provides details on the types of activities available through motorhome, along with that it also provides useful tips on operating and maintaining an RV and shows campground information and the reservation process.
Additionally, used RVs of the United States and Europe are being preferred in the regional market. As they offer more reliability at affordable prices. Smaller RVs are preferred over bigger and bulkier, due to narrow roads or less availability of parking spaces.
Japan will witness the highest market growth
According to Japan Recreational Vehicle Association, in 2005, the number of RV owners in Japan is around 50,000, but by end of 2015 the number had nearly doubled to 95,100, and in 2018 the number of units was 112,500. Also, the number of units shipped was increasing every year, and overall sales marked a new record in 2018 of 45.8 billion yen.
JRVA promotes RV culture through conducting interviews producing an original publication, novelty goods, and plans and manages tradeshows and camping car events in japan to expose more people to the pleasure of the RV culture. JRVA has constituted cooperation with administrative agencies, campgrounds, and leisure-related industries. For instance, JRVA established a user club named Kurumatabi Club, which introduced a You-yu Park service which allows users to take advantage of services and parking of member-hotels.
Similarly, China also promotes RV culture through various events and exhibitions. For instance, All in Caravanning (AIC), an annual RV expo which was held in Beijing in 2018, the event witnessed participation of about 700 exhibitors affiliated with the RV industry, along with that the expo was attended by more than 300 brands which include European brands such as Adria, Pilote, Dethleffs and domestic manufacturers such as RV International and Brilliance Auto.
