The NMMA and Details-Connection, a current market intelligence business serving the leisure boating field, just lately noted that 420,000 initial-time boat prospective buyers of new and pre-owned boats entered the sector in 2021, on par with 2020 – concentrations the market has not witnessed considering the fact that 2007.

To start with-time boat potential buyers accounted for 34% of boat sales in 2021, driving advancement for the recreational boating marketplace and even more reinforcing heightened demand for boats considering that the outset of the pandemic.

“The boating business has noticed large growth the past two years as a lot more People in america uncovered the freedoms, specific moments and accessibility of the boating lifestyle, offering us useful momentum and creating a robust foundation. Preserving this momentum is specifically essential supplied prospective headwinds including level of competition for purchaser expending in the leisure market place, inflation on almost everything from gasoline and groceries to home furniture and clothing, ongoing supply chain disruptions, and the war in Ukraine,” mentioned Ellen Bradley, NMMA senior vice president of marketing and advertising and communications. “The industry must be wondering strategically about how to handle by way of these impacts when reinforcing initiatives to keep new boat house owners, interact extensive-time customers, and catch the attention of the upcoming technology.”

“This is the 2nd consecutive calendar year we’ve noticed the selection of initial-time boat potential buyers surpass 415,000 – reaching pre-recession ranges – an encouraging indicator of expansion for the boating field,” noted Jack Ellis, managing director, Info-Connection Systems. “We expect the trajectory of 1st-time boat prospective buyers to soften as boat income start out to normalize subsequent a history few of several years. Having said that, 2022 ought to see healthier concentrations of new boat proprietors enter the sector as suppliers operate to refill the pipeline and fulfill the backlog of new orders.”