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U.S. Boat Sales Reached 13-Year High in 2020, Recreational Boating Boom to Continue Through 2021

CHICAGO–(BUSINESS WIRE[1])–With heightened interest in outdoor recreation activities and ways to social distance, consumer demand for new boats surged across the country in 2020. The National Marine Manufacturers Association[2] (NMMA), representing North American recreational boat, engine and marine accessory manufacturers, reports that retail unit sales of new powerboats in the U.S. increased last year by an estimated 12 percent compared...

Global Boat Rental (Up to 28 FT – Greater than 45 FT) Market Outlook 2019-2027

DUBLIN–(BUSINESS WIRE)–Dec 17, 2020– The “Boat Rental – Global Market Outlook (2019-2027)”[1] report has been added to ResearchAndMarkets.com’s offering. Global Boat Rental market accounted for $19.36 billion in 2019 and is expected to reach $30.86 billion by 2027 growing at a CAGR of 6.0% during the forecast period. Growing investments to encourage nautical tourism across several countries is the major...

2020 Is a Banner Year for Boat Sales

Outdoors related industries have seen a big boom in business during the global COVID-19 pandemic. People have been searching for ways to get out of their homes without being in stuck in masses at airports, bus stations, and cruise ships. We’ve already covered how RV manufacturers have had to balance shutting down plants while trying to meet the demand for increased...

COVID-19 Catches: Social distancing doesn’t stop Great Lakes fishing

There are no plans to close boat launches in state parks, according to Raechelle Belli, Wisconsin Department of Natural Resources public affairs manager. And while she said Gov. Tony Evers has ordered closures for many state businesses and activities, like Ohio and Michigan, fishing is not one of them. “As long as people practice social distancing, which is what our...