Retail unit sales of new powerboats are estimated to have held steady in 2019 at approximately 280000 units the second highest total since 2007.

Yacht owner demographics. Between 2005-2010 there were 24 million first-time boat owners that entered the market while 29 million boat owners existed the market. Sales of boats marine products and services are estimated to total 42 billion in 2019. Expectations have also changed.

Sixty-two percent of current boat owners earn less than 75000 per year. Market Size Industry Statistics. On average owners are 10 to 15 years younger than two decades ago.

With an average age of 23 years. We also offer insight and analysis from. The statistic depicts the boat ownership rate by household income in the US.

Many boaters will want to upgrade to a newer model. BoAt set sail in 2016. During one of their many explorations our founders Aman Gupta and Sameer Mehta discovered that the dopest people of our land were in search of affordable durable and ultra fashionable audio products to groove to.

They are married own their homes and three out of four of them have a household income less than 100000. From the sleek Azimut 66. The average rate of utility of those boats was down from 37 days when I got in the business in 2002 to 20 days last year.

Or for selling new or used boats a list of consumers interested in boatingsailing with demographics to customize a direct marketing campaign can enhance the feasibility of obtaining a new client. A remarkable 20 percent of the top 100 billionaires are under the age of 50 and indeed yacht owners are getting younger. Industry market size for Boat Dealers.