May sets records in growth for new boat sales.

Boat sales statistics 2020. Fishing boat sales are up 10 percent. When it comes to new power boats alone the 115000 sold in May and June combined represented a 30 increase over the same two months last year. At Quality Boats which has four locations in Florida May was the best sales month the company has had in 46 years in terms of units sold though the sale of a 14 million 45-foot saltwater.

Published by David Lange Dec 3 2020 Recreational boating is a popular leisure activity in the US. Retail unit sales of new boats are estimated to have reached. Nearly 320000 New Boats Sold in 2020.

More than 310000 new powerboats were sold in 2020 levels the recreational boating industry has not seen since before the Great Recession in 2008. 2020 was an extraordinary year for new powerboat sales as more Americans took to the water to escape pandemic stress and enjoy the outdoors safely said Frank Hugelmeyer NMMA president. Sales of boats marine products and services are estimated to total 42 billion in 2019 up slightly from 2018.

The rising disposable income of citizens and flourishing tourism sector in emerging economies such as Brazil and China are some of the key factors escalating the market growth. Ad Gordys Marine now has a service center in Fox Lake. Call Gordys today for any of your boat repair needs.

Call to speak with a licensed yacht broker today. The global leisure boat market size was valued at USD 3975 billion in 2019 and is expected to expand at a compound annual growth rate CAGR of 41 from 2020 to 2027. The NMMA reports new boat sales rebounded sharply in May up 59 compared to April and up 9 from pre-pandemic levels on a seasonally-adjusted basis.

Increased in 2020 by 12 percent compared to 2019 surpassing pre-pandemic expectations of a two percent increase. Over 87 million US. Saltwater fishing boats tow boats cruisers and yacht sales are up 11-15 percent.