(Boating Industry Magazine)#18. (Business Wire)#22. 70.6% of the sales revenues earned by the boating industry in the U.S. are generated by boat dealerships. Comparative, international boat ownership figures can also be sourced by downloading the ICOMIA boating statistics publication.
(Statista)#4. This is a list of countries by home ownership rate, the ratio of owner-occupied units to total residential units in a specified area. Since 2009, the industry has been steadily growing each year as more households grow confident with the state of the economy.
In 2016, the total value of recreational boats sold in the United States reached $3.6 billion in 2016. (Statista)#3. A popular saying you’ll hear around the boating industry is this: “The two best days of owning a boat are the day you purchase it and the day you sell it.” Recreational boating offers families a number of unique benefits that other industries are unable to provide.
In 2000, 42% of purchases were made by first-time owners. (University of Michigan)#21. (Boating Industry Magazine)#19. That’s an increase of 8.1% from the year before. The average boat dealer in the United States earns $18.4 million in revenues annually. This publication is a result of the coordinated effort of the Coast Guard and those states and territories that have Federally-approved boat numbering and casualty reporting systems. Source: Roy Morgan Single Source (Aust), October 2011-September 2016, n=86,871. (NMMA)#17. When marine engines and accessories are included in the sales figures of new boats, the industry achieved revenues of $17.9 billion in 2016. There were 658 fatalities directly linked to boating accidents in the U.S. in 2017. Recreational Boating Statistics 2017, the 59th annual report, contains statistics on recreational boating accidents and state vessel registration. The global boating industry offers a value of $30 billion from a recreational standpoint. (Boating Industry Magazine)#12. Jump to navigation Jump to search. Almost 16 million people participate in the boating industry by using a kayak for their recreational activities. (Statista)#2. (Boating Industry Magazine)#38.
Sales are much stronger for powerboats in the eastern United States than the Midwest or West.
(Michigan State University)#25. (SafeWise)Recreational boating offers families a number of unique benefits that other industries are unable to provide. The industry is able to retain about 1 in 4 first-time owners in all categories, which means future purchases are on the horizon. (NMMA)#35. A total of 1,715 units were sold, reaching a 7-year high for the industry. List of countries by home ownership rate. Both stern and inboard boat types achieved 11,000 units sold respectively. 17% of boating accidents are caused by a failure by the individual to serve as a lookout, while another 17% of accidents are due to a lack of practical experience. (NMMA)Recent trends in the boating industry show a strong potential for growth. 95% of the powerboats which are sold in the United States are also manufactured domestically. More than 87 million adults in the United States participate in recreational boating activities each year. Sales of yachts, 33 feet in length or longer, saw gains of 3.5% in 2016. 62% of households in the United States which own a boat have a HHI of $100,000 or less. About 10% of all new recreational boat sales are based in the United States. What These Boating Statistics Mean – Boating Industry Trends and Analysis. Flooding and swamped boats led to 67 fatalities in 2013, making it the deadliest of the common accident types which occur in recreational boating. (NMMA)#28.
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