RV has become the "No. 1 RV stock in China", but also in the fact that it has an operating model that combines domestic and foreign operations, with its business facing overseas core markets Australia and New Zealand, backed by China's manufacturing industry, and has achieved a leading market position, thus occupying a unique and high-value track position.
Specifically, focusing on the demand side, with the public's increasing interest in outdoor activities and the increase in disposable income, the number of campers worldwide has shown a rapid growth trend. RVs, as china telegram data one of the accommodation options for camping, have unique advantages, integrating the convenience of travel with the comfort of home, which has led to a continuous increase in demand for RVs.
Especially in North America, Europe, Australia and New Zealand, camping has become a major leisure tourism project, naturally becoming the top three RV markets in the world, with Australia and New Zealand gradually becoming the fastest growing markets among them.
According to Frost & Sullivan, measured by revenue, the global RV market size will be 260 billion yuan in 2023 and is expected to reach 320.6 billion yuan in 2028, with a compound annual growth rate of 3.9% from 2024 to 2028.