Table of Contents
Speeding up: A recovering economy and pent-up demand have improved industry revenue
Boat Building in the US
Volatile demand conditions have significantly altered the Boat Building industry over the past decade. Since boats are a highly discretionary purchase, reduced consumer confidence and disposable income during the recession encouraged many consumers to hold off on major purchases. Despite these improved demand conditions, revenue is well below prerecessionary highs, and many operators have struggled to remain profitable. IBISWorld anticipates that continued gradual improvements in the general economy, including returning disposable income and growing consumer confidence, will strengthen revenue. Additionally, demand for fuel-efficient boats will further drive boat sales.
This industry builds boats, which are defined as watercraft not built in shipyards and are typically intended for personal use. This industry does not include ship building (IBISWorld report 33661a).
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.
Ship Building in the US
Plastic Products Miscellaneous Manufacturing in the US
Rubber Product Manufacturing in the US
Global Ship & Boat Building
Boatbuilding and Repair Services in Australia
Ship Building in China
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