This growing interest further drives the recreational boating market across the globe. For more charts and analysis, be sure to check out the full edition. The boating industry association the bia is the voice of the recreational and light commercial marine industry, promoting safe, recreational boating as a positive and rewarding lifestyle for australians. This report will require that you apply the concepts that you have learned in the course. A monthly report that takes a look at the important data shaping the marine market. Market size, growth rate, industrys stage in the life cycle. Icomias recreational boating industry statistics book contains important statistical data on the global boating industry. Pontoons web services guide 8 boating industry january 2015. Market to bottom out in 2010 economic recovery holds the key to global boating industry regaining a positive growth trajectory. Looking at the membership of nmma in the state, there are seven boatbuilders, three engine manufacturers, 15 accessory and component manufacturers. Recreational boating statistical abstract is a comprehensive summary of statistics on the recreational boating industry in the united states.
Recreational boat, also known as pleasure craft boat, is designed for fun on water surface. In fact, sureshades automated sunshade system was noted by the nmma as one of the features that contributed to boston whalers 2010 national marine manufacturers association innovation award for its 370 outrage. Trade only today boating news for marine industry professionals. This report provides an indepth analysis of the statistics that matter to the industry including sales, market share, and consumer trends. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. Market data book offers insight on trends, stats boating. If you want to learn more about the data in the 2017 market data book, as well as the outlook for the rest of 2017 and beyond, be sure to check out our annual state of the industry. Global boating industry set for recovery materials today. Hatteras, sirena, sabre and palm beach are among the builders that introduced new models during the weekend. United states with over 100 data sets covering 20112024. The report provide a thorough understanding of the global boating market and its key trends that impact the industry state of art.
Study on the competitiveness of the recreational boating sector. Market insight of the international recreational boating. The df300b made its industry debut at ibex last fall. Industry market research report with covid19 forecasts apr 17, 2020 usd 295 united states with over 100 data sets covering 20112024. The 2016 edition includes information on brokerage sales, average buyer age, powerboat sales by state, auction data, dealer metrics, export trends, market share data and more. Historical data for 2007, 2012, and 2017 and forecasts for 2022 are provided in current dollars which are not adjusted to account for inflation for demand, manufacturers shipments, and imports and exports for aggregate recreational boating products. Reportlinker adds global recreational boating industry. Global recreational boating industry report 20172022. The archive for boating industry s 2017 state of the industry webinar is available now. The us accounted for the largest market share in the region. The annual boating industry market data book is your guide to the most important market intelligence shaping the marine industry the entire issue is available for purchase in our digital downloads section of the website, but here is a taste of some of the info available in this years edition. Launch analysis, data, solutions, news and perspectives to move your business forward. This report includes updated 2020 and 5year forecasts due to the impact of covid19.
Of which, powerboats segment accounted for the largest market share. Boating industry magazine each issue delivers important information for the recreational marine industry. Global industry analysis and forecast to 2020 persistence market research released new market report on recreational boating market. The market is being buoyed by sales of larger boats. European boating industry associations join forces to call for eu support to address covid19 outbreak in a sign of unity, europes boating industry associations jointly call on the eu institutions and national governments to support the sector and protect jobs against the impact of the. Ibi has been has been reporting on the international leisure marine industry for more than 50 years no other businesstobusiness publication can boast the. Jan 14, 2017 the most recent nmma yearoveryear retail sales data shows the pontoon segment in the boating industry was growing by 8% in 2015.
Recreational boating is a popular leisure activity in the u. Nov 12, 2010 lucintel projects that the boat market in 2010 will remain almost flat on a global basis as the economy starts to recover. Boating industry s 2020 top products may 4, 2020 the seventh annual boating industry top products brings to you 50 of the recreational marine industry s best new and innovative products and services to recently hit the market, ranging from boats to engines to electronics and much more. Rising disposable income across north america and europe is enabling consumers to increase expenditure on marine leisure activities, thereby fueling the market growth. Global recreational boating market trend analysis by. Recreational boating market statistics global report 2026. The latest and best yacht industry market intelligence. North america is the leading regional segment for recreational boating market across the globe. The highperformance builder, now aiming at the luxury market, had a chance to show off its new models when it launched its mercedesamg. Economic outlook positive for boating, marine industry and.
Recreational boating industry market research, market. That means the boating industry has a unique opportunity that only comes around once every seven to 10 years. Market data book a monthly report that takes a look at the important data shaping the marine market. This is a much more indepth study than those in the past and provides. All those serious about the business of boating have turned to boating industry magazine, the most authoritative voice of the marine industry for strategic analysis, indepth coverage and proprietary research into the industrys most critical issues. Recreational boating market study with market size, share, valuation, segmentwise analysis, competitive landscape analysis, regulatory framework analysis and impact of covid19 outbreak on recreational boating industry.
According to order books, this resulted in turkey being regularly placed in the top ten. May 15, 2017 firsttime boat buyers account for a third of all boat sales in the u. Boating industry one year subscription 2000003622641. Boat manufacturers statistics boat building industry home page. Lucintel projects that the boat market in 2010 will remain almost flat on a global basis as the economy starts to recover. Can toll free call 18005268630 for gmt office hours. This report presents detailed data for boat registrations, boat engine and accessory sales, expenditures, and the retail and preowned markets. Join the global meeting place for all professionals involved in leisure marine industry. Boat manufacturers statistics boat building industry. Dec 01, 2017 the future of the global recreational boating industry looks good with opportunities in the inboard and sterndrive, outboard, and sailboat. Data released by the nmma from the 2017 recreational boating statistical abstract show that unit sales of new powerboats increased 5 percent in 2017, reaching 262,000, the highest levels the u.
A solid methodology approach through a full coverage of secondary data icomia, nmma. You will conduct an industry analysis also called a competitive analysis of the boating industry, and write a report with your results. The 2015 edition includes information on brokerage sales, average buyer age, powerboat sales by state, auction data, dealer metrics, export trends, market share data and more. The future of the global recreational boating industry looks good with opportunities in the inboard and sterndrive, outboard, and sailboat.
The most recent nmma yearoveryear retail sales data shows the pontoon segment in the boating industry was growing by 8% in 2015. The 2017 global super yacht order book counts 760 total yachts on. Firsttime boat buyers account for a third of all boat sales in the u. Jan 28, 2011 report analyzes global boating industry outlook for 2010 and beyond. The major drivers for growth in global boat market are high replacement. Metstrade the worlds biggest b2b leisure marine equipment. Retail unit sales of new powerboats are estimated to have held steady in 2019 at approximately 280,000 units, the second highest total since.
Further, the others segment is subsegmented as fishing boats, sailboats, runabouts, sterndrive, towboats, and powerboats. This zeroeditionof the market study presents the following features. Assuming the economy continues to improve, discretionary income in the market will surpass its previous 2007 highs. Boating industrys 2020 top products may 4, 2020 the seventh annual boating industry top products brings to you 50 of the recreational marine industrys best new and innovative products and services to recently hit the market, ranging from boats to engines to electronics and much more. Moreover, interest rates remain relatively low, making credit more affordable, and home values and equity are increasing, giving homeowners more value on which to finance luxury. Change in boat technologies, increased boat size, increasing high net worth population, rising economy, growing tourism industry and innovating in boat engine are attracting more people for recreational boating. All those serious about the business of boating have turned to boating industry magazine, the most authoritative voice of the marine industry for strategic analysis, indepth coverage and proprietary research into the industry s most critical issues. Booming tourism sector and rising disposable income of citizens in emerging economies, such as brazil and china, are some of. Industry statistics cover all companies in the united states, both public and private, ranging in size from small businesses to market leaders. The report includes current market data, global summary data, and detailed national data for countries around the globe. Its the comprehensive, accurate data you need to monitor the marine marketplace and make informed business decisions.
Boating industrys exclusive features will help you keep on top of industry developments and guide you to best business practices practices you can use today. First, we want to thank the 449 people who responded to the survey we ran on april 17th asking a series of questions regarding the industrys response to covid19. In addition the yards can produce other niche market vessels, such as fishing boats. Rising disposable income across north america and europe is enabling consumers to increase expenditure on. The nmma statistics and research department provides members and industry stakeholders with the latest recreational boating industry forecasts, market data, research and trends. The boating industry market data book offers the most comprehensive collection of industry statistics and marketing intelligence for the boating industry. The sailing market 2016 state of the industry agenda 2015 bareboat charter industry study 2015 brokerage data 2015 sailing participation data new. Recreational boating industry market research, market share. This is a much more indepth study than those in the past and provides a great overview of many segments of the industry. Full order books and momentum from a healthy 2019 have bought builders. Because it is challenging to obtain specific industry data on pleasure boats for these. Deloitte analysis on data from boating industry associations, specialized media providers and interviews with.
Recreational boating market size exceeded usd 43 billion in 2019 and is poised to grow at a cagr of over 5% between 2020 and 2026. Market insight of the international recreational boating industry extract cannes, september 7th 2016. Feb 12, 2018 global recreational boating industry report 20172022. We get australians onto the water and enjoying this quintessential part of australian life. This kentley insights report includes historical and forecasted industry size, product lines. Jan 29, 2019 recreational boating is a popular leisure activity in the u. Get the story first with our brokerage news, see fresh insight with our market reports and stay on top of the luxury yachting industry with our data that includes the latest superyachts sold, luxury yachts delivered, megayachts under construction, new superyachts launched and.