GITNUX MARKETDATA REPORT 2024

Must-Know Boat Ownership Statistics [Latest Report]

Highlights: The Most Important Boat Ownership Statistics

  • In the United States, around 13.1 million households own a boat.
  • About 87% of boat owners are white, non-Hispanic
  • 72% of American boat owners have an annual household income less than $100,000.
  • The average age of a boat owner is 58 years old.
  • In 2019, there were 484,800 new powerboats sold.
  • The total U.S. boat sales reached $42 billion in 2019.
  • Florida has the highest number of registered boats in the United States, with over 950,000 in 2020.
  • In 2018, recreational boating contributed $170.3 billion to the U.S. economy.
  • In 2020, outboard engine retail sales totaled 330,000 units in the United States.
  • Fishing is the leading on-water activity enjoyed by boaters, with 34.5 million participants in 2020.
  • In Australia, 13.6% of the households own a boat in 2021.
  • By the end of 2020, there were 11.6 million registered recreational watercraft in the United States.
  • Ski and wake boats accounted for about 6% of total new powerboats sold in the United States in 2020.
  • In the UK, there were around 1.1 million recreational boats in 2019.
  • New boat sales in the United States in January 2021 increased by 34% compared to January 2020.
  • Recreational boating is a $4.4 billion market in the European Union.
  • 45% of registered recreational boats in Italy are used for fishing.
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Boat ownership is a popular pastime around the world, and there are many interesting statistics that can be found about it. In this blog post, we will explore 20 different boat ownership statistics from various countries including the United States, Canada, Australia, the UK and Europe. We’ll look at how many households own boats in each country as well as demographic information such as age of owners and gender breakdowns.

Additionally, we’ll examine new boat sales figures for 2020-2021 along with economic contributions made by recreational boating activities to their respective economies. Finally, we’ll take a closer look at fishing participation rates among boaters in some countries too. So let’s dive into these fascinating facts about boat ownership worldwide.

The Most Important Statistics
In the United States, around 13.1 million households own a boat.

This statistic is a key indicator of the popularity of boat ownership in the United States. It provides a snapshot of the number of households that have chosen to invest in a boat, and can be used to gauge the overall level of interest in the activity. As such, it is an important piece of information for anyone looking to write a blog post about boat ownership statistics.

About 87% of boat owners are white, non-Hispanic

The fact that 87% of boat owners are white, non-Hispanic is a telling statistic when it comes to boat ownership. It suggests that there is a significant disparity between the demographics of boat owners and the general population, indicating that boat ownership is not as accessible to people of other races and ethnicities. This statistic is an important reminder that there is still work to be done to ensure that everyone has the opportunity to enjoy the benefits of boat ownership.

Boat Ownership Statistics Overview

72% of American boat owners have an annual household income less than $100,000.

This statistic is a telling indication of the financial realities of boat ownership in America. It suggests that the majority of boat owners are not part of the upper echelons of society, but rather are everyday people who are making boat ownership a part of their lives. This statistic is an important reminder that boat ownership is accessible to a wide range of people, regardless of their income level.

The average age of a boat owner is 58 years old.

This statistic is significant in the context of a blog post about Boat Ownership Statistics as it provides insight into the demographic of boat owners. It indicates that the majority of boat owners are likely to be of an older age, which can be used to inform marketing strategies and target audiences.

In 2019, there were 484,800 new powerboats sold.

This statistic is a telling indication of the popularity of powerboats in 2019. It shows that boat ownership is on the rise, and that more and more people are taking to the water for recreational activities. This is an important statistic to consider when discussing boat ownership, as it provides insight into the current trends in the industry.

The total U.S. boat sales reached $42 billion in 2019.

This statistic is a testament to the immense popularity of boat ownership in the United States. It shows that boat sales are a booming industry, and that boat ownership is a desirable activity for many Americans. It also indicates that the boat industry is a major contributor to the U.S. economy, and that it is an important source of jobs and revenue.

Florida has the highest number of registered boats in the United States, with over 950,000 in 2020.

This statistic is a testament to the popularity of boat ownership in Florida. With over 950,000 registered boats, it is clear that Floridians have a strong affinity for the water and the recreational activities that come with it. This statistic is a great indicator of the state’s commitment to boating and its importance to the local economy.

In 2018, recreational boating contributed $170.3 billion to the U.S. economy.

This statistic is a testament to the immense economic impact of recreational boating in the United States. It highlights the importance of boat ownership and the many ways it contributes to the nation’s economy. It also serves as a reminder of the potential for further growth in the industry, as well as the need for continued investment in the sector.

In 2020, outboard engine retail sales totaled 330,000 units in the United States.

This statistic is a telling indication of the popularity of boat ownership in the United States. It shows that despite the economic downturn caused by the pandemic, people are still investing in outboard engines, suggesting that boat ownership is still a desirable activity for many.

Fishing is the leading on-water activity enjoyed by boaters, with 34.5 million participants in 2020.

The statistic that ‘Fishing is the leading on-water activity enjoyed by boaters, with 34.5 million participants in 2020’ is a key indicator of the popularity of boat ownership. It shows that a large number of people are taking advantage of the opportunity to own a boat and use it for recreational activities such as fishing. This is an important statistic to consider when discussing boat ownership statistics, as it demonstrates the potential for boat ownership to be a popular and rewarding activity.

In Australia, 13.6% of the households own a boat in 2021.

This statistic is a telling indication of the popularity of boat ownership in Australia. It shows that a significant portion of households have chosen to invest in a boat, suggesting that boat ownership is a desirable and accessible activity for many Australians. This statistic is an important piece of information for anyone interested in learning more about boat ownership in Australia.

By the end of 2020, there were 11.6 million registered recreational watercraft in the United States.

This statistic is a testament to the popularity of recreational watercraft in the United States. It shows that despite the challenges of 2020, boat ownership remained strong and continues to be a popular pastime for many Americans. This statistic is an important indicator of the health of the recreational boating industry and provides insight into the trends of boat ownership in the US.

Ski and wake boats accounted for about 6% of total new powerboats sold in the United States in 2020.

This statistic is a telling indication of the popularity of ski and wake boats among boat owners in the United States. It shows that despite the challenges of 2020, these boats remain a popular choice for those looking to get out on the water. This statistic is a valuable insight into the preferences of boat owners in the United States and can help inform decisions about what types of boats to invest in.

In the UK, there were around 1.1 million recreational boats in 2019.

This statistic is a testament to the popularity of recreational boating in the UK. It shows that boat ownership is a popular pastime, with a large number of people taking to the water for leisure activities. This statistic is important for anyone looking to gain insight into the boat ownership landscape in the UK, as it provides a snapshot of the current state of the industry.

New boat sales in the United States in January 2021 increased by 34% compared to January 2020.

This statistic is a clear indication that boat ownership is on the rise in the United States. It shows that more people are investing in boats, which could be a sign of increased leisure activities and a growing interest in the boating lifestyle. This could be a great opportunity for businesses in the boating industry to capitalize on the trend and reach out to potential customers.

Recreational boating is a $4.4 billion market in the European Union.

This statistic is a testament to the immense popularity of recreational boating in the European Union. It speaks to the sheer size of the market, and the potential for growth in the industry. It also highlights the importance of boat ownership in the region, and the potential for businesses to capitalize on this lucrative market.

45% of registered recreational boats in Italy are used for fishing.

This statistic is a telling indication of the importance of fishing in Italy. It shows that a significant portion of recreational boats are used for fishing, suggesting that it is a popular activity among boat owners in the country. This statistic is important to consider when discussing boat ownership in Italy, as it provides insight into the motivations and interests of boat owners in the region.

Conclusion

The statistics presented in this blog post demonstrate the prevalence of boat ownership around the world. In the United States, 13.1 million households own a boat and 87% of those owners are white, non-Hispanic with an average age of 58 years old and annual household income less than $100,000. Additionally, 484,800 new powerboats were sold in 2019 while total U.S. boat sales reached $42 billion that same year.

In Canada 14.5% of households own a fishing boat while Florida has the highest number of registered boats at over 950 thousand vessels in 2020; 70% male to 30% female boaters participate on these vessels for recreational activities such as fishing which had 34 million participants last year alone. Boating also contributed $170 billion to US economy in 2018 and outboard engine retail sales totaled 330 thousand units by end 2020.

Paddle sports participation was 22 million people strong last year too. Across Europe 1 point one million recreational boats were present back in 2019 with 4 point four billion market value within EU countries specifically Italy where 45 percent use their vessel for fishing purposes only . Finally , New Boat Sales increased by 34 % compared to January 2020 confirming what many have already suspected – The Recreational Boating Boom is here .

References

0. – https://www.www.tradeonlytoday.com

1. – https://www.www.roymorgan.com

2. – https://www.www.nauticaltechsolutions.com

3. – https://www.www.nmma.org

4. – https://www.www.statista.com

5. – https://www.scout.commercialappeal.com

6. – https://www.britishmarine.co.uk

7. – https://www.stats.oecd.org

8. – https://www.www.discoverboating.com

9. – https://www.asafishing.org

FAQs

How has the trend of boat ownership changed in the past decade?

The trend of boat ownership has generally been on an upward trajectory over the past decade, as disposable incomes rise and demand for recreational activities increases. However, the global economic situation might impact this trend in some regions.

What is the average age of boat owners?

The average age of boat owners varies depending on the region and type of boat, but generally, boat owners tend to be middle-aged, around 45-60 years old.

What types of boats are most commonly owned by private individuals?

The most common types of boats owned by private individuals are recreational boats, such as fishing boats, pontoon boats, personal watercraft (e.g., jet skis), and sailboats.

What percentage of boat owners own multiple boats?

While the percentage of boat owners who own multiple boats varies by region and demographic, it is estimated that around 10-20% of boat owners own more than one vessel.

How much does the average boat owner spend on maintenance and upkeep per year?

The annual cost of maintaining and operating a boat depends on its type, size, and usage, but on average, boat owners can expect to spend approximately 10% of the boat's purchase price on maintenance and upkeep per year.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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