Not sure if this has been discussed before or not, if so, can someone please point me to the old thread?

I have a mid 90's Trail-et Westwind. The "clearcoat" is peeling. Has anyone had any experiences with this? Is it a cosmetic thing, or will it eventually cause damage to the underneath layers of paint and trailer?

Any recommendations for repair/repaint? Would it be better to just leave it as is and try to maintain what I have? I'm not well versed in autobody/trailer repair so any help would be appreciated!! I love this trailer and it fits my draftie cross great, so I plan on keeping it for a while and want to make sure it is properly maintained.