Trailing behind: Sales have been slowing since pandemic-related border restrictions have eased
The Trailer and Caravan Dealers industry has benefited from an ageing Australian population. Demand for trailers and caravans has been driven by more baby boomers entering retirement, expanding the grey nomad market. Grey nomads are retired individuals that travel the country in caravans or motorhomes. Volatile economic conditions and rising petrol prices have constrained growth for trailer and caravan dealers. Industry-wide revenue has is expected to expand at an average annualised 1.1% over the past five years, to total an estimated $3.1 billion in 2022-23. But revenue is anticipated to drop by 5.2% in 2022-23, as consumers tighten their discretionary spending. The rising cost of living and mounting mortgage costs have slashed consumer purchases of high-value items.
Industry companies sell new and used caravans, trailers, mobile homes and cabins. Companies that sell boat trailers and companies that rent out trailers and caravans are excluded from the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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