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Personal Watercraft Manufacturing - Industry Market Research Report

  • August 2016
  • -
  • Ibisworld
  • -
  • 29 pages

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Choppy waters: Import penetration will limit growth despite renewed disposable income



Abstract

Personal Watercraft Manufacturing

Trends in consumer preferences and discretionary incomes directly influence the financial performance of the Personal Watercraft Manufacturing industry, which is strongest when customers have high disposable incomes and confidence in the economy. The industry struggled during the recession as demand for all of its products plummeted and recovery lagged behind many other purchases. Oil price spikes also play a major role in demand for industry goods. When the price of oil rises, the operating cost of personal watercraft also increases, which constricts demand for new watercraft.

This industry manufactures personal recreational watercraft that riders can ride or stand on.

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.



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