The 2024 Global Marine Industry Workplace Study
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boat shows

A Reboot Season

Boat show organizers say this fall offers a chance to reconnect with buyers amid high inventory, economic challenges and political uncertainty

A Helpful Boost

Boat shows are critical to the industry’s success, especially during down cycles.

A Boat Dealer’s Best Friend

If you are a boat dealer, the MRAA is working on your behalf every day — whether you are a member or not. It’s an organization I want to support, and feel a duty to support, to know I’ve done my part to grow this great industry.

Long-Game Strategy

Discover Boating’s mission to expand the market for boating by attracting the next generation, and retaining and growing current boaters, comes into market as consumers navigate economic and political headwinds.

It’s the Customer, Stupid

Developing customers who love you is a long game, not a short grab for profits. Dealers are right to be concerned about headwinds the industry is facing, but everyone at dealerships still must maintain focus on the customer experience.

Sales Declines Continued in Early 2023

In January, new-boat registrations were down 23.6%, at 4,293 compared with 5,618 in the same time frame in 2022. These numbers continue to indicate the typical seasonal slowdown that most dealers and manufacturers in Northern states expect.

A Balancing Act

Dealers continue to report strong interest in new boats and are maintaining business with traditional selling strategies

So Far, Not So Bad

Dealers say that despite talk an impending recession, that 2023 may turn out to be similar to 2019 — a perfectly strong sales year compared to traditional norms

A Reboot Season

Boat show organizers say this fall offers a chance to reconnect with buyers amid high inventory, economic challenges and political uncertainty

A Helpful Boost

Boat shows are critical to the industry’s success, especially during down cycles.

A Boat Dealer’s Best Friend

If you are a boat dealer, the MRAA is working on your behalf every day — whether you are a member or not. It’s an organization I want to support, and feel a duty to support, to know I’ve done my part to grow this great industry.

Long-Game Strategy

Discover Boating’s mission to expand the market for boating by attracting the next generation, and retaining and growing current boaters, comes into market as consumers navigate economic and political headwinds.

It’s the Customer, Stupid

Developing customers who love you is a long game, not a short grab for profits. Dealers are right to be concerned about headwinds the industry is facing, but everyone at dealerships still must maintain focus on the customer experience.

Sales Declines Continued in Early 2023

In January, new-boat registrations were down 23.6%, at 4,293 compared with 5,618 in the same time frame in 2022. These numbers continue to indicate the typical seasonal slowdown that most dealers and manufacturers in Northern states expect.

A Balancing Act

Dealers continue to report strong interest in new boats and are maintaining business with traditional selling strategies

So Far, Not So Bad

Dealers say that despite talk an impending recession, that 2023 may turn out to be similar to 2019 — a perfectly strong sales year compared to traditional norms

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