Especially in North America Europe

[shapanwwuom]

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.

According to the indicator of the number of RVs in use, the number of RVs in use in North America, Europe, Australia and New Zealand will account for about 97% of the global total in 2023. It is estimated bc data philippines that by 2028, the total number of RVs in use in Australia and New Zealand will reach 1.1201 million, with a compound annual growth rate of 4.6% from 2024, exceeding the growth rate in North America and Europe.

As one of the leaders in the RV market in Australia and New Zealand, Xinjiao RV will undoubtedly benefit from its development dividends. In terms of revenue and sales volume in 2023, New Gio Caravan will rank second in market share in the RV industry in Australia and New Zealand.

Looking further, the RV market in Australia and New Zealand is dominated by trailer RVs, which are expected to account for 96.1% of total new RV sales by 2028. At the same time, the demand for personalization and customization is increasing. Xinjiao RV is deeply involved in the field of customized trailer RVs and is expected to better match market demand.

Focusing on the supply side, the RV industry in Australia and New Zealand is characterized by high entry barriers, requiring continuous large-scale capital investment to support R&D, production and brand marketing, compliance with diverse regulations and safety standards, etc., and is facing environmental impacts, stricter regulations, etc. The brand's cost control, technological innovation and other capabilities are becoming increasingly important.