The recreational boating industry is a major contributor to the economy and provides countless hours of fun and relaxation for millions of people around the world. With so much activity taking place on the water, it’s important to stay up-to-date on the latest industry statistics.
In this blog post, we’ll take a look at the most recent recreational boating industry statistics, including the number of boats registered, the number of people participating in recreational boating activities, and the economic impact of the industry. We’ll also discuss some of the trends that have been observed in recent years and what they mean for the industry. Finally, we’ll explore some of the ways that the industry is adapting to the changing landscape.
Recreational Boating Industry: The Most Important Statistics
70.64% of the income from the top 100 watercraft dealerships in the US came from sales in 2016.
37% of recreational vessels sent from the US in 2016 were sent to Canada, making it the top destination for US recreational vessels.
Recreational Boating Industry Statistics Overview
In 2017, the value of recreational boats sold in the US was over 3.9 billion US dollars.
This growth indicates that the recreational boating industry is a viable and profitable industry, which is likely to continue to grow in the future.
In 2013, the household retail deals esteem for other unbending vessels in Italy was 5 million euros.
The average income per vessel merchant in the U.S. rose from 2008 to 2016, reaching 18.4 million U.S. dollars in 2016.
70.64% of the income from the top 100 watercraft dealerships in the US came from sales in 2016.
In 2021, there was a 15.7% decrease in recreational sculling mishaps in the U.S. compared to 2020. Thus, the Recreational Boating Industry is making progress in improving safety standards, which is beneficial for both the industry and its customers.
Administrator carelessness was the leading cause of recreational sailing mishaps in 2021, accounting for more than four thousand incidents.
This highlights the importance of safety protocols and responsible management within the recreational boating industry. It also serves as a reminder of the potential risks associated with recreational boating and the need for proper training and oversight.
37% of recreational vessels sent from the US in 2016 were sent to Canada, making it the top destination for US recreational vessels.
The watercraft fabricating industry in Japan traded marine motors worth 270.6 billion yen in 2021, a 75 billion yen increase from the previous year.
The number of companies in the fabricating segment of recreational sailing in Sweden increased from 2008 to 2011, reaching 576.
This growth indicates that recreational boating is becoming increasingly popular in the country, which could lead to increased demand for recreational boating products and services. This could be beneficial for businesses in the recreational boating industry, as it could lead to increased sales and profits.
The number of companies within the fabricating division of recreational drifting in Finland increased from 2008 to 2012, reaching 238 companies in 2012.
In 2020, the recreational boating market was valued at approximately 23.88 billion USD.
Recreational boating is a major economic force, with a market value of nearly 24 billion USD. This figure is a clear indication of the industry’s importance and its potential for growth.
In 2019, the U.S. recreational boating industry contributed 170.3 billion USD to the country’s economy.
This highlights the importance of the industry in terms of its contribution to the country’s economy, and serves as a reminder of the importance of the industry in the lives of many Americans.
There were 280,000 new powerboats sold in the U.S. in 2018.
This figure speaks volumes about the popularity of boating as a leisure activity and the strength of the industry as a whole.
In 2017, the recreational boating and fishing industry supported over 363,000 jobs in the U.S.
The industry is a major source of employment, providing jobs for over 363,000 people in 2017. This is a significant number of jobs, and it highlights the importance of the recreational boating and fishing industry in the U.S. economy.
Outboard engine retail sales in the U.S. increased by 17% in sales revenue in 2020.
The recreational boating industry is thriving. This statistic is a testament to the industry’s resilience and ability to adapt to the changing market conditions, and serves as a reminder of the importance of recreational boating in the lives of many Americans.
95% of boats on the water in the U.S. are less than 26 feet in length.
The majority of boats on the water are relatively small. This suggests that recreational boating is a popular pastime among Americans, as smaller boats are more affordable and accessible to the average consumer. Furthermore, this statistic could be used to inform decisions about the recreational boating industry, such as the types of boats that should be produced and marketed.
The average boat owner has a median household income of around $103,000 annually.
The recreational boating industry is largely catering to those with more disposable income, and that the industry is likely to remain a luxury activity.
1 in 10 households in the United States owns a boat.
A significant portion of households are invested in the activity, and that the recreational boating industry is thriving.
The U.S. recreational marine industry saw a revenue value of around 32 billion USD in 2017.
The industry is thriving and that it is a major contributor to the U.S. economy. This statistic is an important indicator of the health of the recreational boating industry and provides valuable insight into the industry’s current state.
In 2021, more than 3,000 boat manufacturers in the United States are responsible for approximately 35,000 direct jobs.
The industry is responsible for providing thousands of jobs to Americans, which is a major boost to the economy. Furthermore, it shows that the industry is thriving and is an important part of the country’s economy.
In 2020, MarineMax, the largest U.S. recreational boat retail company, generated around 1.5 billion USD in revenue.
This impressive figure highlights the immense potential of the industry and serves as a reminder of the immense economic impact of recreational boating.
The pontoon boat market is predicted to reach 4.4 billion USD globally by 2030.
By 2030, the pontoon boat market is expected to reach a staggering 4.4 billion USD globally, indicating that the industry is on the rise and is likely to continue to grow in the coming years. This is great news for those involved in the recreational boating industry, as it suggests that there is a bright future ahead.
Conclusion
The recreational boating industry is a major contributor to the US economy and provides a wide range of economic benefits. Boating is a popular pastime for many Americans and the industry continues to grow.
The industry is expected to continue to grow in the future as more people discover the joys of boating. The industry is also expected to benefit from advances in technology and new products that make boating more accessible and enjoyable. With the right policies in place, the recreational boating industry can continue to provide economic benefits for years to come.
References
1 – Recreational boat sales value in the U.S. 2012-2017 | Statista
2 – Italy: domestic retail sales value of boats 2013 | Statista
3 – Average revenue per boat dealer in the U.S. 2008-2016 | Statista
4 – Boat dealers revenue share by segment in the U.S. 2012-2016 | Statista
5 – Boating accidents in the U.S. 2021 | Statista
6 – Causes of recreational boating accidents in U.S. 2021 | Statista
7 – U.S. recreational boat export destination countries 2016 | Statista
8 – Japan: export value of boat industry by segment 2021 | Statista
9 – Sweden: recreational boating manufacturing 2008-2012 | Statista
10 – Finland: recreational boating manufacturing 2008-2012 | Statista