The travel and leisure industry has always been significantly influenced by a range of social and economic factors, so what does the outlook for the manufacture and sale of caravans and motorhomes look like as we move into 2024?

A Covid hangover?

The domestic travel market received a boost after Covid, with many people re-discovering the beauty of the British Isles. As a result, the sale and rental of both new and used mobile homes rose as people opted for the freedom that caravans and motorhomes can offer. Many were also attracted by the safety and security of having their own ‘private holiday home’ against the backdrop of Covid contamination concerns and social distancing regulations.

As the law of supply and demand dictates, prices then increased in line with demand, as records show that the cost of a used motorhome rose by over 13% in 2021, while the price of new caravans grew by an average of £10–15,000  in 2022.

Meeting rising demand

While the threat and fear around Covid has receded, the economic outlook for 2024 remains a little bleak, suggesting that many people will look to reduce spending on what they consider to be luxuries, such as travel overseas. This is likely to impact the mobile home industry in different  ways. People may wish to holiday closer to home to reduce costs and because of the weak performance of the pound abroad, increasing the demand for mobile and static caravans as well as motorhomes. However, these items are also expensive items to buy, so while rental demand may well be high, it remains to be seen how the economic situation will impact manufacturing and sales.

The state of play in UK caravan manufacturing

There are currently in excess of 220,000 registered caravans and motorhomes in the UK, which vary widely in cost, ranging from £5,000 to over £100,000. British caravan manufacturers are well known and respected within the industry, with the UK market second in size only to Germany within Europe. Furthermore, the European market is predicted to have the largest share of global growth over the next few years (from $24bn to $45 by 2027), so there are reasons to be optimistic.

Making mobile homes a year-round option

One of the major disadvantages of motorhomes and caravans is the fact that many people consider them to be vulnerable to the seasons: too cold in the cooler months and too hot in the warmer months. However, massive advances have been made in the materials used in their manufacture, making them more resilient to external temperatures, and therefore a better year-round option.

Ocean, the sustainable insulation solution

The key is to choose a highly performance insulation material like Ocean, manufactured here at Interflex. Known more widely for being used in automotive applications, Ocean is also attracting interest in the leisure vehicle market for its efficient sound and thermal insulation properties. Ocean is used between the inner and outer walls of leisure vehicles to enhance insulation, as well as reducing NVH when on the move. This enables manufacturers to  create a warmer, quieter and more energy-efficient experience for leisure vehicle owners.

To satisfy both consumers and industry net zero targets, manufacturers also need to ensure the use of sustainable materials within their process. Ocean is lightweight, mouldable and made from 100% polyester, 80% of which is comprised of recycled materials (1kg is equivalent to 80 recycled plastic water bottles). It can also be recycled at the end of its life, making it a great sustainable solution for motorhome and caravan manufacturers.

Learn more about Interflex

If you work in the leisure vehicle industry, you may not be familiar with Interflex and our range of sustainable materials. To find out more about how we can support your leisure vehicle manufacturing needs, call us on 01949 861 494 or email us at sales@interflex2000.com.