Anxious Buyers Stay on the Sidelines
September 29, 2024
New-boat sales were down in June in all but one segment, indicating that consumers are holding back on purchases
New-boat sales were down in June in all but one segment, indicating that consumers are holding back on purchases
I believe we can welcome even more folks to the water by educating them about affordable alternatives, such as used boats, boat clubs, charters and more.
The recreational vehicle industry, like the marine industry, saw all-time-high sales during the Covid-19 pandemic, and now leaders in both realms are working on ways to keep those newcomers in the fold.
Founded in 1966, the International Council of Marine Industry Associations is a global organization composed of national boating federations and other bodies involved in the recreational marine industry. ICOMIA works on such issues as breaking down trade barriers, improving boating safety and promoting recreational boating worldwide.
At the end of last year, I began to hear dealers, boatbuilders, component producers, engine manufacturers, association leaders and other industry leaders start to ask the same question: How do we keep the windfall of new boaters we gained during the Covid bubble?
New-boat sales were down in June in all but one segment, indicating that consumers are holding back on purchases
I believe we can welcome even more folks to the water by educating them about affordable alternatives, such as used boats, boat clubs, charters and more.
The recreational vehicle industry, like the marine industry, saw all-time-high sales during the Covid-19 pandemic, and now leaders in both realms are working on ways to keep those newcomers in the fold.
Founded in 1966, the International Council of Marine Industry Associations is a global organization composed of national boating federations and other bodies involved in the recreational marine industry. ICOMIA works on such issues as breaking down trade barriers, improving boating safety and promoting recreational boating worldwide.
At the end of last year, I began to hear dealers, boatbuilders, component producers, engine manufacturers, association leaders and other industry leaders start to ask the same question: How do we keep the windfall of new boaters we gained during the Covid bubble?
