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Boat Building in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Boat Building Market Research Report | NAICS 33661b | Apr 2016

Speeding up: A recovering economy and pent-up demand have improved industry revenue

IBISWorld’s Boat Building market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
Annual Growth
Industry Threats & Opportunities
  • The growing green movement and subsequent demand for fuel-efficient boats will drive sales
  • A combination of rising demand and consolidation has improved industry profitability
  • The moderate growth during this period will merely reclaim a portion of losses from previous years
  • ... purchase to read more

Industry Analysis & Industry Trends

Volatile demand conditions have significantly altered the Boat Building industry over the past decade. Since boats are a highly discretionary purchase, reduced consumer confidence and disposable income during the recession encouraged many consumers to hold off on major purchases. Despite these improved demand conditions, revenue is well below prerecessionary highs, and many operators have struggled to remain profitable. IBISWorld anticipates that continued gradual improvements in the general economy, including returning disposable income and growing consumer confidence, will strengthen revenue. Additionally, demand for fuel-efficient boats will further drive boat sales... ... purchase to read more

Industry Report - Industry Locations Chapter

Industry establishments are primarily located in areas close to water and water-based tourism for easy boat deployment. For this reason, industry establishments are heavily concentrated in the Southeast, West and New England regions. Florida, Maine, Washington, California and North Carolina dominate the Boat Building industry, accounting for 46.8% of total industry establishments. Within the Southeast and New England Regions, Hurricanes Sandy and Katrina have prompted increased boat sales. Operators within these regions benefited from government assistance after the hurricanes, mitigating operator insurance increases. For.. ... purchase to read more

Additional Insights for the Boat Building Industry

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

  • Undertaking technical research and development
  • Financial structure of the company
  • Access to the latest available and most efficient technology and techniques
  • IBISWorld analysts also discuss how external factors such as Consumer spending and Households earning more than $100,000 in the Boat Building industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Boat Building Industry?

    This industry builds boats, which are defined as watercraft not built in shipyards and are typically intended for personal use. This industry does not include ship building (IBISWorld report 33661a).

    Industry Products
    Outboard motorboatsInboard motorboatsInboard-outdrive boatsPersonal watercrafts
    Industry Activities
    Motorboat building RowboatSailboat buildingPersonal watercraftYacht buildingDinghy

    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
  • Consumer spending
  • Households earning more than $100,000
  • Price of plastic materials and resin
  • Trade-weighted index
  • Time spent on leisure and sports
  • Current Performance
  • Increased spending and rising imports
  • Recovering profit
  • Changing tides
  • Chart: Revenue Growth
  • Industry Outlook
  • Consolidation and rising trade
  • Going green and R&D
  • Table: Boat Building Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Boat Building Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Fishing
  • Boat Dealership and Repair
  • Ocean & Coastal Transportation
  • Inland Water Transportation
  • Sightseeing Transportation
  • Key Selling Industries
  • Engine & Turbine Manufacturing
  • Glass Product Manufacturing
  • Millwork
  • Navigational Instrument Manufacturing
  • Paint Manufacturing
  • Wind Turbine Manufacturing
  • Products & Services
  • Outboard motorboats
  • Other
  • Inboard motorboats
  • Inboard-outdrive boats
  • Personal watercrafts
  • Chart: Boat Building Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Household consumers
  • Exports
  • Businesses for end use
  • Government
  • Chart: Major Market Segmentation for the Boat Building 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, utilities, depreciation and marketing
  • Other expenses
  • Chart: Cost Structure Benchmarking – Sector vs Boat Building
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Boat Building Industry
  • Industry Globalization
    Major Companies
    Brunswick Corporation
  • Table: Brunswick Corporation - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Boat Building 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 Boat Building Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Consumer Spending (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Advanced Composite Process (Acp)
  • A process used to make boat hulls stronger against impact and exposure.
  • Dinghies
  • Small boats commonly used as lifeboats or to connect larger boats to land
  • Inboard Motorboats
  • Mid-size boats powered by an attached engine located inside the hull.
  • Outboard Motorboats
  • Small to medium-size boats powered by a self-contained detachable engine and propulsion system attached to the transom.
  • Personal Watercraft (Pwc)
  • A recreational watercraft that the rider sits or stands on, rather than inside of (as in a boat).
  • Transom
  • Framework that forms the back of a boat vessel

  • 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 Boat Building:
    • 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 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 Boat Building 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 Boat Building, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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