U.S. Recreational Boating Market Developments Status and Growth Opportunities to 2024

As per estimates, PWC will account for 11% of the U.S. recreational boating market share by 2024. The growth trajectory of the U.S. recreational boating industry is expected to be rather exponential in the ensuing years, as new products ranging from small fishing boats to large luxury yachts make an entry into this business sphere. Statistics indicate that over 87 million adults participate in recreational boating in the U.S. and engage in travelling by boat, sports activities or fishing. When the country was in the grip of a major economic crisis in the last decade, the U.S. recreational boating industry initially took a hard hit.

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The U.S. recreational boating market took a sharp decline when the country went into a recession in 2008 with consumers having less disposable income to be spent on leisure activities. More recently the Trump administration’s implementation of tariffs has put a dampener on the U.S. recreational boating industry, though between 2012 and 2016, the market experienced a gradual upsurge.

U.S. recreational boating market which supports approximately 650,000 jobs and 35,000 businesses nationwide, is touted to be one of the stalwarts of the American manufacturing sector. With the government of the country emphasizing on the importance of manufacturing and export, the U.S. recreational boating market is expected to register a CAGR of 4.5% over 2018-2024.

The U.S. recreational boating market participants include Bavaria Yachts, American Sail Inc., Brunswick Corporation, Azimut-Benetti Group, Groupe Beneteau, and Catalina Yachts. The players are engaged in mergers and acquisitions to maintain their market share and increase revenue.

Browse key industry insights spread across 175 pages with 219 market data tables & 11 figures & charts from the report, “U.S. Recreational Boating Market” in detail along with the table of contents: https://www.gminsights.com/industry-analysis/us-recreational-boating-market

Glimpse of Table of Content (ToC):  –

Chapter 4.     U.S. Recreational Boating Industry, By Product

4.1. market share by product, 2017 & 2024

4.2. Inboard

4.2.1.  Market estimates and forecasts, 2013 – 2024

4.2.2.  Market estimates and forecast, by state, 2013 – 2024

4.3. Outboard

4.3.1.  Market estimates and forecasts, 2013 – 2024

4.3.2.  Market estimates and forecast, by state, 2013 – 2024

4.4. Inflatables

4.4.1.  Market estimates and forecasts, 2013 – 2024

4.4.2.  Market estimates and forecast, by state, 2013 – 2024

4.5. Sail boats

4.5.1.  Market estimates and forecasts, 2013 – 2024

4.5.2.  Market estimates and forecast, by state, 2013 – 2024

4.6. Personal watercrafts

4.6.1.  Market estimates and forecasts, 2013 – 2024

4.6.2.  Market estimates and forecast, by state, 2013 – 2024

Chapter 5.     U.S. Recreational Boating Market, By Power

5.1. market share by power, 2017 & 2024

5.2. Engine powered

5.2.1.  Market estimates and forecasts, 2013 – 2024

5.2.2.  Market estimates and forecast, by state, 2013 – 2024

5.3. Man powered

5.3.1.  Market estimates and forecasts, 2013 – 2024

5.3.2.  Market estimates and forecast, by state, 2013 – 2024

5.4. Sail propelled

5.4.1.  Market estimates and forecasts, 2013 – 2024

5.4.2.  Market estimates and forecast, by state, 2013 – 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/us-recreational-boating-market

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