A new study on the economic impact of the marine industry in South Florida indicates steady growth in major categories like total economic output, marine-related sales, since 2018, when the last full study was released. Phil Purcell, CEO/president of the Marine Industries Association of South Florida (“MIASF”), presented the results at a Tri-County business luncheon hosted by MIASF on Wednesday ...
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NMMA reports momentum heading into 2023
The start of a new year brings the beginning of boat show season for the $170 billion U.S. recreational boating industry and the National Marine Manufacturers Association (NMMA), which represents 85 percent of the country’s recreational boat, marine engine and accessory manufacturers. The recreational boating industry is preparing to welcome an estimated two million Americans to dozens of boat shows between January ...
Read More »Pontoons continue to lead in recreational boating sales
By Ryan Kloppe From raising a boat’s sails on the wide-open ocean to spending a day cruising the lake, recreational boating has been more popular than ever over the last few years. Recreational boating saw record sales in 2020, with more Americans spending time on the water to escape from the hustle and bustle on land. According to the U.S. ...
Read More »Coast Guard releases 2021 boating safety statistics
With the pandemic putting more people than ever on the water and consequent rise in boating accidents and fatalities, there’s some better news in the newly released 2021 U.S. Coast Guard Recreational Boating Statistics. The latest Coast Guard report shows double-digit declines year-over-year across the board in the main boating safety indicators: Boating accidents dropped 15.7%, injuries decreased 17.2%, and ...
Read More »MRAA, VRZ release service department study results
The Marine Retailers Association of the Americas (MRAA), in collaboration with VRZ Consulting, released the results of a comprehensive, marine industry service department study. The survey results, which featured insights from more than 260 marine service departments, outlines some of the challenges dealerships face in repairing boats more quickly. The genesis of the study came out of a summer 2021 ...
Read More »2022 Forecast: Growth on the horizon, despite challenges
By Adam Quandt Over the last couple of years, change has been just about the only constant. From temporary factory shutdowns to adapting to completely new ways of doing work and so much more, the recreational boating industry has continued to weather an ever-evolving storm. While tackling challenge after challenge and change after change, the industry has met unprecedented demand ...
Read More »ICOMIA releases 2020 statistics book
The International Council of Marine Industry Associations (ICOMIA) has released the latest edition of its Recreational Boating Industry Statistics Book. The 2020 Statistics Book provides, in one useful reference document, global data, as well as comprehensive national reports on the industry’s largest market countries, global summaries of key product segments from 22 countries, export/import data for international trade in boats from 41 countries, marine ...
Read More »RBFF debuts 2021 Special Report on Fishing
Recreational fishing and boating continues to reach new and diverse audiences according to a new industry study from the Recreational Boating & Fishing Foundation (RBFF). The 2021 Special Report on Fishing found that: 19.7 million females went fishing in 2020, a 10% participation increase in comparison with 2019. Youth and adolescent fishing skyrocketed last year, with 13.5 million youth ages 6 to 17 hitting the ...
Read More »NMMA report indicates continued sales momentum
The NMMA announced continued momentum of boat sales and boating demand propelled by the COVID-19 pandemic. New boat sales, which reached a 13-year high in 2020, remain at elevated levels – with sales through March 2021 up 30% compared to the 2020 average; demand is at an all-time high as Americans take to the water in record numbers; and dealers are selling ...
Read More »New Boats Group study shows rising newcomer interest in boating
Boats Group, the tech business behind the largest online marketplaces for boats and yachts in the world, announced the findings from its 2021 Lead Conversion Analysis that examined all U.S. sales leads from across its Boat Trader, YachtWorld and boats.com portals. The study, conducted in partnership with data analytics firm Info-Link Technologies, highlights the impact that Boats Group’s sites have ...
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