Home > Industry News > 2012-2016 China's Caravaning Industry Regional Growth Forecast

2012-2016 China's Caravaning Industry Regional Growth Forecast

According to the data provided by Automobile Accessories and Car Modification Techniques Center of China Equipment Management Association, National Development and Reform Commission, in the next five years, the caravaning market of North China will have the highest growth rate, because Beijing now has the highest car quantity and has a strong consumption ability. East China is one of the most important developing regions of the caravaning industry in China, which encompasses the Yangtze River Delta Economic Zone and Bohai Sea Economic Rim. East China has a relevantly strong economic strength and residents desire a high standard of living. South China has always been famous for strong economic performance and its open-mindedness. So we believe that the southern part of China has a strong potential. Chengdu and Chongqing have been ranked as the first-tier cities in terms of economic strength. In addition, people there strongly emphasize on relaxation. Therefore, the cities with strong economic performance will be the important growth points of the caravaning industry in Southwest China. The economic strength of Central China is average, but some cities have developed gradually. So the caravaning industry there will also grow slightly. The northeast part of China is very cold in winter. Therefore, consumers have high requirements on keeping warm and slip resistance. Accordingly, the purchase price and maintenance price of Recreational Vehicles there are very high. The inventory number in Northeast China is quite low.