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Study #: 2627

Published: 05/2010

Pages: 351

Full Study Price: US$ 4,800

Per Page Price: US$ 35.00 (text) | 60.00 (table)

Recreational Boating to 2014 - Market Research, Market Share, Market Size, Sales, Demand Forecast, Market Leaders, Company Profiles, Industry Trends

The US recreational boating market (boats, propulsion systems and accessories) will rebound from depressed 2009 levels and grow 9.3 percent annually through 2014. Powerboats will pace the boat category, driven by technological advances such as newer propulsion systems and more advanced electronics.

This study analyzes the $6.5 billion US recreational boating industry. It presents historical demand data for the years 1999, 2004 and 2009 with forecasts for 2014 and 2019 by material (e.g., plastic, aluminum, coated fabric), product (e.g., traditional powerboats, personal watercraft, sailboats) and US regional market (Northeast, Midwest, South, West).

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 40 industry players, including Brunswick, Yamaha Motor and Bombardier Recreational Products.

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				    TABLE OF CONTENTS

     SECTION									    PAGE

		Introduction							      xi

	I.	Executive Summary						       1

	II.	Market Environment						       4
		General								       4
		Macroeconomic Outlook						       4
		Demographic Outlook						       8
		Consumer Trends							      11
		   Personal Income & Expenditures				      12
		   Recreational & Leisure Expenditures				      14
		   Consumer Financing Environment				      15
		Recreational Boating Consumer Profile				      19
		Recreational Boat Retail Sales					      22
		Inventory Levels						      27
		Pricing								      29
		US Recreational Boating Market, 1999-2009			      31
		Technology							      34
		   Engines							      35
		   Electronics							      37
		Recreational Boats in Use					      38
		Regulatory & Safety Issues					      40
		   Emissions & Noise Issues					      41
		   Wildlife & Environmental Protection Issues			      43
		   Safety Issues						      45
		World Recreational Boating Market				      46
		   Canada							      47
		   Europe							      48
		   Rest of the World						      50
		US Recreational Boating Foreign Trade				      51
		   Imports							      53
		   Exports							      55

	III.	Material Consumption						      58
		General								      58
		Reinforced Plastic						      59
		   Resins							      60
		   Reinforcement Materials					      62
		Aluminum							      63
		Coated Fabrics							      65
		   Tops & Covers						      66
		   Sails							      67
		   Upholstery							      67
		   Inflatable Boats						      68

	IV.	Products							      70
		General								      70
		Recreational Boats						      74
		   Traditional Powerboats					      78
		      Inboard Powerboats					      82
			Cabin Cruisers						      84
			Runabouts & Other Inboard Powerboats			      86
			Producers						      87
		      Outboard Powerboats					      88
			Demand by Material					      92
			Demand by Length					      93
			Producers						      94
		      Sterndrive Powerboats					      95
		   Personal Watercraft						      98
		      Regulatory & Safety Issues				     101
		      Producers							     105
		   Sailboats							     106
		      Demand by Length						     108
		      Demand by Design						     110
		      Producers							     111
		   Other Recreational Boats					     111
		      Jet Boats							     113
		      Canoes							     114
		      All Other							     114
		Propulsion Systems						     116
		   Outboard Propulsion Systems					     118
		      Regulatory Issues & Technology				     120
		      Producers							     122
		   Inboard & Sterndrive Propulsion Systems			     123
		      Regulatory Issues & Technology				     124
		      Producers							     126
		Boating Accessories						     127
		   Navigational & Electronic					     129
		   Trailers							     133
		   Other							     134

	V.	Regional Demand							     136
		General								     136
		Regional Demographic & Economic Trends				     140
		   Population Patterns						     140
		   Economic Outlook						     142
		   Personal Consumption Expenditures				     144
		US Regional Demand for Recreational Boating			     146
		   Northeast							     149
		      New England						     151
		      Middle Atlantic						     154
		   Midwest							     157
		      East North Central					     159
		      West North Central					     162
		   South							     165
		      South Atlantic						     169
		      East South Central					     173
		      West South Central					     176
		   West								     179
		      Mountain							     182
		      Pacific							     186

	VI.	Industry Structure						     191
		General								     191
		Industry Composition						     192
		Market Share							     195
		   Brunswick							     197
		   Yamaha Motor							     198
		   Bombardier Recreational Products				     199
		   Platinum Equity						     200
		   Other Important Producers					     201
		Competitive Strategies						     202
		Product Development						     204
		Manufacturing							     206
		Distribution							     207
		Marketing							     209
		   Brand Awareness & Loyalty Marketing				     210
		   Lifestyle & Other Marketing Strategies			     212
		Mergers & Acquisitions						     214
		Cooperative Agreements						     217
		Company Profiles						     220
		   American Honda Motor, see Honda Motor
		   American Marine Holdings Incorporated			     221
		   American Suzuki Motor, see Suzuki Motor
		   Atlanta Marine Electronics, see Viking Yacht
		   Baja Marine, see Fountain Powerboats Industries
		   Bayliner Marine, see Brunswick
		   Beneteau SA							     224
		   Bombardier Recreational Products Incorporated		     227
		   Boston Whaler, see Brunswick
		   Brunswick Corporation					     230
		   Cabo Yachts, see Brunswick
		   Cannon, see Johnson Outdoors
		   Carlisle Paddles, see Johnson Outdoors
		   Carver Boat, see J&D Acquisition
		   Catalina Yachts Incorporated					     243
		   Caterpillar Incorporated					     245
		   Champion Boats, see Platinum Equity
		   Chaparral Boats, see Marine Products
		   CNB, see Beneteau
		   Correct Craft Incorporated					     248
		   Crestliner, see Brunswick
		   Crownline Boats Incorporated					     249
		   Cruisers Yachts, see KCS International
		   Crusader Marine Engines, see Pleasurecraft Engine Group
		   Cummins Incorporated						     251
		   Cummins MerCruiser Diesel Marine, see Brunswick and Cummins
		   Diversified Marine Products, see Brunswick
		   Donzi Marine, see American Marine Holdings
		   FinCraft Boats, see J&D Acquisition
		   Fountain Powerboat Industries Incorporated			     254
		   Four Winns Boats, see Platinum Equity
		   Garmin Limited						     257
		   General Motors Company					     260
		   Genmar Holdings, see J&D Acquisition and Platinum Equity
		   Glastron Boats, see Platinum Equity
		   Godfrey Marine, see Nautic Global Group
		   Harris Kayot Marine, see Brunswick
		   Honda Motor Company Limited					     263
		   Hunter Marine, see Luhrs Marine Group
		   Hydra-Sports Boats, see MasterCraft Boat
		   J&D Acquisition LLC						     266
		   Jeanneau America, see Beneteau
		   Johnson Outdoors Incorporated				     269
		   Kawasaki Heavy Industries Limited				     275
		   KCS International Incorporated				     277
		   Kellogg Marine Supply, see Brunswick
		   Land ‘N’ Sea, see Brunswick
		   Larson Boats, see J&D Acquisition
		   Lendal Products, see Johnson Outdoors
		   Lowe Boats, see Brunswick
		   Luhrs Marine Group						     279
		   Lund Boat, see Brunswick
		   Mainship, see Luhrs Marine Group
		   Malibu Boats LLC						     283
		   Marine Products Corporation					     284
		   MarineMax Incorporated					     286
		   Marquis Yachts, see J&D Acquisition
		   MasterCraft Boat Company					     288
		   Mercury Marine Group, see Brunswick
		   Meridian Yachts, see Brunswick
		   Monterey Boats Incorporated					     290
		   MTU Detroit Diesel, see Tognum
		   Nautic Global Group						     291
		   Necky Kayaks, see Johnson Outdoors
		   Ocean Kayak, see Johnson Outdoors
		   Old Town Canoe, see Johnson Outdoors
		   Palm Beach Towers, see Viking Yacht
		   PCM Marine Engines, see Pleasurecraft Engine Group
		   Platinum Equity LLC						     294
		   Pleasurecraft Engine Group					     297
		   Precision Propeller Industries, see Yamaha Motor
		   Princecraft Boats, see Brunswick
		   Pro-Line Boats, see American Marine Holdings
		   Pursuit Boats, see S2 Yachts
		   Rampage Sport Fishing Yachts, see KCS International
		   Ranger Boat, see Platinum Equity
		   Raymarine plc						     300
		   Regal Marine Industries Incorporated				     304
		   Rinker Boat, see Nautic Global Group
		   Robalo Boats, see Marine Products
		   Sea Fox Boat Company Incorporated				     306
		   Sea Ray Boats, see Brunswick
		   Seaswirl Boats, see J&D Acquisition
		   Silverton Marine, see Luhrs Marine Group
		   Skeeter Products, see Yamaha Motor
		   Smoker Craft Incorporated					     308
		   Starcraft Marine, see Smoker Craft
		   Stratos Boats, see Platinum Equity
		   S2 Yachts Incorporated					     313
		   Suzuki Motor Corporation					     316
		   Techsonic Industries, see Johnson Outdoors
		   Tiara Yachts, see S2 Yachts
		   Tognum AG							     318
		   Tracker Marine Group LLC					     319
		   Triton Boat, see Brunswick
		   Triumph Boats, see J&D Acquisition
		   Trophy Sportfishing Boats, see Brunswick
		   Viking Yacht Company						     324
		   VM Motori, see General Motors
		   Volvo AB							     326
		   Wellcraft Marine, see Platinum Equity
		   West Marine Incorporated					     329
		   Windsor Craft Yacht, see J&D Acquisition
		   Yamaha Motor Company Limited					     331
		   Yanmar Company Limited					     336
		   Zodiac Marine & Pool						     339
		Additional Recreational Boating Companies			     341


				      LIST OF TABLES

    TABLE NUMBER								    PAGE


		SECTION I -- Executive Summary
		Summary Table							       3

		SECTION II -- Market Environment
	1	Macroeconomic Indicators					       8
	2	Population & Households						      11
	3	Personal Income & Expenditures					      13
	4	Recreation & Leisure Expenditures				      15
	5	Consumer Financing Environment, 1999-2009			      18
	6	Recreational Boat Retail Sales					      26
	7	Recreational Boat Pricing					      31
	8	US Recreational Boating Product Market, 1999-2009		      33
	9	Recreational Boats in Use					      39
	10	US Recreational Boating Foreign Trade				      52

		SECTION III -- Material Consumption
	1	Plastic & Aluminum Consumption
		   in Recreational Boat Production				      59
	2	Coated Fabric Consumption in Recreational Boat Production	      66

		SECTION IV -- Products
	1	Recreational Boating Product Supply & Demand			      73
	2	Recreational Boat Supply & Demand				      76
	3	Traditional Powerboat Supply & Demand				      80
	4	Inboard Powerboat Supply & Demand				      84
	5	Inboard Cabin Cruiser Supply & Demand				      86
	6	Runabout & Other Inboard Powerboat Supply & Demand		      87
	7	Outboard Powerboat Supply & Demand				      92
	8	Outboard Powerboat Demand by Boat Length			      94
	9	Sterndrive Powerboat Supply & Demand				      98
	10	Personal Watercraft Supply & Demand				     101
	11	Sailboat Supply & Demand					     108
	12	Other Recreational Boat Supply & Demand				     112
	13	Propulsion System Supply & Demand				     118
	14	Outboard Propulsion System Supply & Demand			     120
	15	Inboard & Sterndrive Propulsion System Supply & Demand		     124
	16	Boating Accessory Supply & Demand				     129

		SECTION V -- Regional Demand
	1	Recreational Boating Regional Market Profile, 2009		     138
	2	US Resident Population by Region				     142
	3	US Gross Domestic Product by Region				     144
	4	US Personal Consumption Expenditures by Region			     146
	5	US Recreational Boating Demand by Region			     149
	6	Northeast Recreational Boating Demand
		   by Subregion & Product					     151
	7	New England Recreational Boating Demand				     154
	8	Middle Atlantic Recreational Boating Demand			     157
	9	Midwest Recreational Boating Demand
		   by Subregion & Product					     159
	10	East North Central Recreational Boating Demand			     162
	11	West North Central Recreational Boating Demand			     165
	12	South Recreational Boating Demand by Subregion & Product	     169
	13	South Atlantic Recreational Boating Demand			     173
	14	East South Central Recreational Boating Demand			     176
	15	West South Central Recreational Boating Demand			     179
	16	West Recreational Boating Demand by Subregion & Product		     182
	17	Mountain Recreational Boating Demand				     186
	18	Pacific Recreational Boating Demand				     190

		SECTION VI -- Industry Structure
	1	US Recreational Boating Product Sales by Company, 2009		     194
	2	Selected Acquisitions & Divestitures				     216
	3	Selected Cooperative Agreements					     219


				      LIST OF CHARTS

    CHART NUMBER								    PAGE

		SECTION I -- Executive Summary

		SECTION II -- Market Environment
	1	Comparison of Retail & Manufacturers’ Level Boat Sales		      27
	2	US Recreational Boating Product Market, 2000-2009		      34
	3	Recreational Boats in Use by Type, 2009				      40
	4	US Recreational Boating Product Imports by Source, 2009		      55
	5	US Recreational Boating Product Exports
		   by Destination, 2009						      57

		SECTION IV -- Products
	1	Recreational Boating Product Demand by Type, 2009		      74
	2	Recreational Boat Demand by Type, 2009: Volume & Value		      77
	3	Traditional Powerboat Demand by Engine Type, 2009:
		   Volume & Value						      81

		SECTION V -- Regional Demand
	1	Geographic Distribution of US Recreational
		   Boating Demand, 2009						     139

		SECTION VI -- Industry Structure
	1	US Recreational Boating Product Market Share, 2009		     197




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