Market Research Logo

Boat Building in the US - Industry Market Research Report

Boat Building in the US

The Boat Building industry, which manufactures watercrafts generally intended for personal use, has grown significantly over the five years to 2018. Since its products are highly discretionary purchases, the industry benefited from increased wages and consumer spending. However, despite improved demand conditions, total revenue remains drastically lower than the industry's prerecessionary highs, and many operators have struggled to remain profitable. IBISWorld anticipates that continued improvements in the overall economy, including rebounding disposable income and growing consumer spending, will cause industry revenue to grow over the five years to 2023. As the growing “green” movement encourages consumers to reduce their carbon footprint, demand for fuel-efficient boats is anticipated to drive boat sales.

This industry builds boats, which are defined as watercraft not built in shipyards, typically intended for personal use. This industry does not include ship building (IBISWorld report 33661a).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report