Smooth sailing: Rising disposable income will lead to gradual industry revenue growth

IBISWorld’s Industry Market Report on Marinas is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.


Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Annual Growth
Annual Growth

Industry Threats & Opportunities

  • Boat repair and maintenance will continue to lift sales as the number of boat owners increases
  • The majority of businesses in the industry are local operations with only one establishment
  • The increasing number of boats being built will secure revenue for the future
  • Industry Analysis & Industry Trends

    While the waters were a little choppy, the Marinas industry benefited from increased participation and expenditures by consumers in the five years to 2016, boosting industry revenue. Growth in per capita disposable income has allowed consumers to trade up to luxury goods for recreation, such as boats for water sports and fishing, bringing more boat owners back to the water and business for the marinas. Although the Marinas industry has not yet recovered to prerecessionary revenue levels, many optimistic business operators are keeping their eyes on the horizon. Gradual growth is expected over the next five years, with industry revenue projected to rise.

    Industry Report - Starting a New Business Chapter

    The Marinas industry has a high level of barriers to entry. Firstly, marina development requires a high initial capital investment, which can deter potential marina operators from entering the industry. Marina developers must also be able to acquire a suitable location. There are a limited number of locations available, which can make this difficult.

    Secondly, regulations can also deter potential entrants. The US Army Corps of Engineers can issue permits for marina development in certain areas. The Corps can also call for public comment where protests against the development can be lodged. Various City Planning Commissions can change the zone of any new redevelopment plans of existing marinas, which makes it tricky and time consuming to develop a new marina.

    Additional Insights for the Marinas Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Marinas Industry are

  • Ability to accommodate environmental requirements
  • Easy access for clients
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Demand from boat building in the Marinas industry impact industry performance..

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    Industry Products

    What is the Marinas Industry?

    Marinas provide docking and storage for pleasure craft owners. Marinas may also sell fuel and marine supplies and provide services such as repairing or renting boats. Many operators in this industry offer sailing instruction in addition to recreational boat rental. Marinas do not handle large passenger ships or cargo from freighters.

    Industry Products
    Pleasure craft launching, storage, and utilities services
    Fuel and merchandise sales
    Repairs and maintenance services
    Food and beverage sales
    Pleasure Craft Dockage Services
    Industry Activities
    Boating clubs with marinas
    Sailing clubs with marinas
    Yacht basins
    Yacht clubs with marinas

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Demand from boat building
  • Households earning more than $100,000
  • Time spent on leisure and sports
  • Consumer Confidence Index
  • World price of crude oil

  • Current Performance
  • Favorable consumers
  • Location, regulation and externalities
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Growing consumer economy
  • Personalized services are the way forward
  • All hands on deck
  • Table: Marinas Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Marinas Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Sightseeing Transportation
  • Consumers

  • Key Selling Industries
  • Bicycle Dealership and Repair
  • Boat Dealership and Repair
  • Construction
  • Sporting Goods Wholesaling

  • Products & Services
  • Pleasure Craft Dockage Services
  • Fuel and merchandise sales
  • Other
  • Repairs and maintenance services
  • Pleasure craft launching, storage, and utilities services
  • Food and beverage sales
  • Chart: Marinas Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Boat owners aged 48 to 67
  • Boat owners aged 33 to 47
  • Boat owners aged 18 to 32
  • Boat owners aged 67 and older
  • Chart: Major Market Segmentation for the Marinas Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Rent and Utilities
  • Marketing
  • Depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Marinas

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Marinas Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Marinas Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Marinas Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Demand from boat building (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
  • The process of securing a boat or watercraft by means of cables, anchors or lines.
  • Boat Slip
  • A ramp on the shore on which boats can be moved to and from the water.
  • Dry Storage
  • A method where boats are stored vertically in rack systems (double, triple or even quadruple) as an alternative to slip storage.
  • Liveaboard
  • A ship that individuals use as their primary residence.
  • Mooring
  • An anchored buoy used to secure a boat down.
  • Powerport
  • A port that includes connections for phone, cable TV and high speed internet, which boats can connect to when they are moored.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Marinas:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Marinas market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Marinas, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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