> Powerboat-World.com
 
 
News Home Video Gallery Newsletters Features FishingBoating MarineBusiness-World Sail-World Australia Australian Cruising
Photo Gallery
Sail-World.com : US recreational boating industry uptick says NMMA
US recreational boating industry uptick says NMMA

NMMA
The National Marine Manufacturers Association (NMMA) has stated that in 2011, U.S. retail sales for recreational boats, accessories and marine services increased six percent to $32.3 billion, new power and sail boat retail sales increased 0.8 percent to 214,405, and boating participation increased ten percent to 83 million.

The recreational boating industry has not seen an increase in retail sales since 2006, and the jump in participation is the largest proportion of adults (34.8 percent) who went boating since 1997, when 35.8 percent participated.

Released today, the NMMA’s annual Recreational Boating Statistical Abstract is the U.S. recreational boating industry’s most comprehensive compilation of statistics and research. The new data signals the beginning of a recovery for the U.S. recreational boating industry.

Leading a recovery are sales of aluminum power boats (primarily fishing and pontoon boats), which were up four percent in 2011. There were 77,150 aluminum power boats sold in 2011. The top ten states for aluminum power boat retail sales were (in order of highest to lowest): Texas, Minnesota, Michigan, Louisiana, Wisconsin, Florida, Alabama, Missouri, Arkansas and Illinois.

'Pent-up demand for boats following years of diminished willingness to spend by consumers, improved credit availability for buyers and boating businesses, positive shifts in consumer confidence and an overall interest in the benefits of the boating lifestyle are steering the industry toward recovery,' notes Thom Dammrich, NMMA president. 'Americans’ passion for enjoying the boating lifestyle is taking precedent as they put aside concerns about the economy in favor of creating lifelong memories with loved ones.'

Data from NMMA’s Abstract shows the recreational boating industry continues to be predominantly comprised of small boats, which includes the aluminum power boat segment: 95 percent of the 12.4 million registered boats in the U.S. in 2011 were 26 feet or less in size. Boats less than 26 feet are most often taken by trailer to local bodies of water, in contrast to boats which are 26 feet in length and larger and typically docked at marinas. The size of the boats Americans purchase is relative to boater income: 83 percent of all boat owners in the U.S. in 2011 had an annual household income less than $100,000.

Anticipating what 2012 will bring the NMMA Abstract points toward continued slow growth: A survey, in conjunction with Foresight Research, of 3,100 boaters and non-boaters from December 2011 shows an estimated 15.2 percent of the 237.7 million adults living in the U.S. are actively engaged in shopping/planning to purchase a boat in 2012. This is an increase from 10 percent in 2010.

The Recreational Boating Industry by the Numbers

- Boating has an estimated annual economic impact of $72 billion.

- Eighty-three million Americans participated in boating in 2011, an increase of ten percent from 2010 (75 million) and the largest proportion of adults (34.8 percent) who went boating since 1997 (35.8 percent).

- Retail sales of boats, accessories and marine services increased six percent to $32.3 billion in 2011.

- Power and sail boat unit sales increased 0.8 percent to 214,405 in 2011 from 212,645 the previous year.

- An estimated 83 percent of boats sold in the U.S. in 2011 were made in the U.S.

- Ninety-five percent of the 12.4 million registered boats in the U.S. in 2011 were less than 26 feet.

- Retail sales of aluminum power boats (fishing and pontoon boats) increased four percent in 2011. This segment is leading a recovery for the industry.

- 83 percent of boat owners in the U.S. in 2011 had an annual household income less than $100,000.

NMMA website


by Ellen Hopkins

  

Click on the FB Like link to post this story to your FB wall

http://www.powerboat-world.com/index.cfm?nid=97326

7:29 PM Thu 17 May 2012GMT


Click here for printer friendly version
Click here to send us feedback or comments about this story.







Power Boat News





Pontoon Boats are a hit with families and entertainers by Sanctuary Cove International Boat Show,










Glacier Bay returns to Australia, re-launching at SCIBS by Sanctuary Cove International Boat Show,








Singapore Yacht Show 2014. Boats to make your eyes pop. by Guy Nowell, Sail-World Asia, Singapore










Power to the people at Sanctuary Cove International Boat Show by Sanctuary Cove International Boat Show,


SCIBS VIP lounge back bigger and better in 2014 by Sanctuary Cove International Boat Show,




Singapore Yacht Show 2014. And another thing… by Guy Nowell, Sail-World Asia, Singapore




























Humpback Whales - Non Lethal research
RYA Competent Crew Skills – Second edition now available
Mondo Marine invests in Chinese shipyard
Aqualuma partners with ASMEX 2014 for Welcome function
Kaohsiung to welcome the world for 1st Taiwan International Boat Show *Feature
Changed boating conditions for ski race on Clarence River
Royal Victoria Cup - Cable, Hockney and Shipley victorious
Channel 7 stage returns to Sanctuary Cove International Boat Show
Hainan Rendezvous: suffering from a hangover?
Palm Beach International Boat Show shows healthy attendance
Brisbane Tinnie & Tackle Show - this weekend!
Coastal infrastructure and species loss - Climate Change consequences *Feature
rescueME PLB1 – safety assured in one compact, light package *Feature
Japan's Antarctic whaling program harpooned
All Marine Spares hits the boat show trail in a trailer *Feature
Royal Victoria Cup to take place this weekend
Rowers and ferry masters encouraged to share waterways safely
Go crazy about whales in a special family fun day at the museum
New generation trawler boats - tradition with a twist
Arvor releases new Sportsfish range
AIMEX focuses on commercial show in Asia   
Further Australian growth for Stabicraft   
Southport Yacht Club will host a free 'Discover Sailing Day'   
Melbourne Boat Show earlier this year - 12 to 16 June   
FinScan digital switching fitted to new rescue vessels   
Kids' Zone a drawcard at Brisbane Tinnie & Tackle Show   
Brisbane Tinnie & Tackle welcomes Engel as stage sponsor   
BIAV appoints new GM   
Trash to Treasure - A seafood story   
Amazing Whales – Evolution and survival opens tomorrow   
Maritime Alert - Dangerous conditions forecast for NSW boaters   
PWC riders brave South Island waters raise $93,000 for melanoma fight   
Solar1 Monte Carlo Cup to take place this July   
12 weeks til Melbourne Boat Show   
First deadline for SCIBS exhibitors looms March 24   
Paul Burt, boating guru, is the face of Sanctuary Cove Boat Show   
Marine Industry loses a loyal servant: Vale Gunter Bruckner   
Positive pass mark for new venue   
Couran Cove signs lease deal with Hope Island Marina   
Phones outpace PCs and TV as preferred device   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News







Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png   http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL VIR PBW