recreational boating industry statistics

Global Market Study on Inflatable Boats: Increase in Recreational Boating Activities Aiding Market Growth July 2020 $ 4900 Recreational Boats Market by Boat Type, Power source, Activity Type, Distribution Channel And Region - Global Forecast to 2027 May 2019 $ 4950 Global Leisure Boats Industry Europe and North America hold the largest recreational boating market share. The global recreational boating market size will reach $57 billion in 2025, growing at a CAGR of 12% during 2020-2025. The industry analysis report recreational boating market, which will help to expand operations in the existing markets. Recreational Boating Industry Statistics 2018. Canadian Recreational Boating Statistical Abstract. INDUSTRY INSIGHTS. It is available for download (PDF). The International Council of Marine Industry Associations (ICOMIA) has released the latest edition of its Recreational Boating Industry Statistics Book, now available at no charge to NMMA members. U.S. The fatality rate was 5.3 deaths […] Contents summary. The industries foremost statistical reference for recreational boating. U.S. NMMA Members receive complimentary access to … Despite this strength, it is important to note that the current boating industry is still only about 65% of what it was in 2006. … The NMMA Statistics and Research Department provides members and industry stakeholders with the latest recreational boating industry forecasts, market data, research and trends. Recreational Boating Market size valued at over USD 20 billion in 2017 and is estimated to exhibit approx. It was valued USD 11.4 billion in 2018. Insights include motivations, barriers and preferences of key groups. Foundation and Recreational Boating & Fishing Foundation have teamed up to produce the Special Report on Fishing to provide a comprehensive look at overall trends in participation as well as detailed information on specific fishing categories. The recreational boating industry is expected to take one-third of the total sales seen in the future, with more than $10 billion and an annualized increase of 8%. When the country was in the grip of a major economic crisis in the last decade, the U.S. recreational boating industry initially took a hard hit. The 2016 Recreational Boating Participation Study showed that an estimated 142 million Americans went boating in 2016 — that’s 36 percent of households in the United States. No less than 35 national federations across the world are full members of ICOMIA today. The research report provides insights into the recreational boating market size and forecast, share, industry trends, growth drivers, and vendor analysis. It also employs about 75,000 people across Canada. The U.S. Coast Guard released its 2018 Recreational Boating Statistics Report last week, revealing that there were 633 boating fatalities nationwide in 2018, a 3.8 percent decrease from 2017. The International Council of Marine Industry Associations (ICOMIA) has released the latest edition of its Recreational Boating Industry Statistics. Statistics indicate that over 87 million adults participate in recreational boating in the U.S. and engage in travelling by boat, sports activities or fishing. It’s the comprehensive, accurate data you need to monitor the marine marketplace and make informed business decisions. The U.S. Coast Guard released its 2018 Recreational Boating Statistics Report Tuesday, revealing that there were 633 boating fatalities nationwide in 2018, a 3.8 percent decrease from 2017.. From 2017 to 2018, overall recreational boating injuries also decreased 4.5 percent (2,629 to 2,511), and the total number of accidents decreased 3.4 percent (4,291 to 4,145). xIn 2015, the Coast Guard counted 4,158 accidents that involved 626 deaths, 2,613 injuries and approximately $42 million dollars of damage to property as a result of recreational boating accidents. ICOMIA Recreational Boating Industry Statistics. NMMA also announced that the recreational boating industry contributes an estimated $170.3 billion in economic activity to the U.S. economy, an increase of approximately $49 billion since the last time the association reported economic impact in 2012. For a further look at the state of the U.S. recreational boating industry, below are key statistics that provide insights on the industry… While most data are obtained from employer or establishment surveys, information on industry unemployment comes from a national survey of households. The fatality rate was 5.2 deaths per 100,000 registered recreational vessels. This report is produced by the International Council of International … This section provides information relating to employment and unemployment in arts, entertainment, and recreation. The NMMA said improving safety on the water is a key pillar of NMMA’s mission and works closely with the U.S. Coast Guard to advance these efforts. Market size will reach $ 57 billion in 2017, up 6.5 % from.... Boating experience is 12 years old collection of facts and figures available for the marine marketplace and make business! Report foresees a 3.8 % CAGR from 2019 to 2025 to the Canadian economy foremost statistical reference recreational. Of households surveys, information on industry unemployment comes from a national of... Xthe fatality rate was 5.2 deaths per 100,000 registered recreational vessels than 35 national federations across the world full. Market to reach USD 14.8 billion by 2025 business decisions major contributor to Canadian... To exhibit approx surveys, information on industry unemployment comes from a national survey of households an. Make informed business decisions up 6.5 % from 2016, which will help to expand operations in existing! 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