EMERGING TRENDS IN RV AND BOAT STORAGE MARKETS The RV and boat storage sector is quickly emerging as a niche asset class, driven by a growing demand stemming from increased vehicle ownership and a scarcity of available storage options. This market is characterized by its significant potential for income growth and remains relatively undercapitalized, presenting ample opportunities for investors. Additionally, the sector has demonstrated notable recession resistance; construction spending on self-storage facilities has surged by 584% over the past five years, underscoring its robustness during economic downturns.
Sector Insights
Regional Demand
Future Projections
Opportunities
The RV market was valued at USD 26.7 billion in 2020 and is expected to reach USD 35.7 billion by 2026 , with a projected growth rate of approximately 5%. The market is seeing a significant increase in first-time RV buyers, indicating a strong future demand.
The RV market has experienced a forecasted increase from $30 billion in 2020 to an anticipated $75 billion by 2030, growing at a CAGR of 7%.
The RV dealers industry is expected to experience a 3% annualized revenue growth rate , reaching $35.4 billion by 2026.
Lake Havasu City residents and visitors face a chronic shortage of boat and RV storage options.
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