Overview
The German leisure vehicle industry reaches record figures and is optimistic about the future thanks to the increasing popularity of caravanning as a holiday form.
The caravanning industry in Germany turned over 14.04 billion euros last year. Despite faltering supply chains and the global raw materials crisis, which massively hampered the production of leisure vehicles, sales grew by 0.5 percent. This was the ninth year in succession that the industry achieved a new record result.
Source: CIVD survey
Record new vehicle business despite faltering supply chains
New motor caravans and caravans accounted for the largest share of sales in the sector. 7.55 billion euros represent a 0.7 percent increase in sales in this business sector. With sales of new motor caravans, the industry turned over a total of almost 6.2 billion euros, exceeding the record result from the previous year by 10.8 percent. Revenues from the sale of new caravans recovered significantly after the decline in 2021, rising by 20 percent to just over 1.1 billion euros.
Sales of used leisure vehicles continue to grow
The market for used recreational vehicles also grew last year. Accordingly, sales of second-hand vehicles climbed 6.5 percent to a new all-time high of over 5.5 billion euros. Used caravans generated 11.4 percent more sales than in 2021, and motor caravans 5.7 percent.
Source: CIVD survey
Accessories business also posts record results
The accessories business, the industry’s third business unit, also posted renewed growth over the past twelve months. Sales rose by 14.5 percent compared to 2021 to over 1.3 billion euros.