
With heightened interest in outdoor recreation activities and ways to social distance, consumer demand for new boats surged across the US in 2020. The National Marine Manufacturers Association (NMMA), representing North American recreational boat, engine and marine accessory manufacturers, reports that retail unit sales of new powerboats in the US increased last year by an estimated 12 percent compared to 2019. More than 310,000 new powerboats were sold in 2020, levels the recreational boat industry has not seen since before the Great Recession in 2008.
Continue reading “US boat industry reached a 13 year high in 2020 and are set to continue in 2021”