Marinas in the US - Industry Market Research Report
Description
Marinas in the US
Marinas provide docking, storage, maintenance, recreational equipment rentals and food and beverage services to recreational boat owners. The 2020 pandemic positively impacted the industry, as people enjoyed higher disposable income and leisure time. These conditions resulted in more people buying boats, increasing the need for marinas. During the early stages of the pandemic, boating was an activity with low risks of exposure, pushing more people toward it when other entertainment facilities closed. Marina revenue grew at a CAGR of 0.7% to $6.5 billion over the five years to 2023, increasing 0.7% in 2023 alone.
Marinas provide docking and storage for pleasure craft owners. Marinas may also sell fuel and marine supplies and provide services such as repairing or renting boats. Many operators in this industry offer sailing instruction in addition to recreational boat rental. Marinas do not handle large passenger ships or cargo from freighters.
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."
Marinas provide docking, storage, maintenance, recreational equipment rentals and food and beverage services to recreational boat owners. The 2020 pandemic positively impacted the industry, as people enjoyed higher disposable income and leisure time. These conditions resulted in more people buying boats, increasing the need for marinas. During the early stages of the pandemic, boating was an activity with low risks of exposure, pushing more people toward it when other entertainment facilities closed. Marina revenue grew at a CAGR of 0.7% to $6.5 billion over the five years to 2023, increasing 0.7% in 2023 alone.
Marinas provide docking and storage for pleasure craft owners. Marinas may also sell fuel and marine supplies and provide services such as repairing or renting boats. Many operators in this industry offer sailing instruction in addition to recreational boat rental. Marinas do not handle large passenger ships or cargo from freighters.
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."
Table of Contents
41 Pages
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
Pricing
Currency Rates
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