IBI Country report – Page 2
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Asia PacificChina boatbuilders: Latest from Heysea Yacht & Fujian Yihong Yacht
One of mainland China’s major boatbuilding brands is Heysea Yacht, which builds a range of production and full custom motor, sailing cats and superyachts across three brands at its facility in Jiangmen, Guangdong.
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IrelandCovid boom stirs the Celtic Tiger
The Celtic Tiger has been slumbering of late, its leisure marine sector long-plagued by short-sighted officialdom, but could all that be changing? The Covid boating boom has given fresh impetus to industry and to a government that shows signs of waking up to boating’s true potential. This report was conducted ...
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IrelandBooming demand choked by red tape. Could that all be about to change?
Marinas in Ireland are experiencing extremely healthy demand for berths, with operators reporting long waiting lists.
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Asia PacificHow South Korea established itself as a next gen boating tech leader
South Korea has had a leisure boating sector for less than 20 years, but in that time the budding industry has established itself as a global leader in the development of next-generation boating technology
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Asia PacificAutonomous navigation development puts South Korea in driving seat
While South Korea may be a relatively new player in the marine electronics sector, it is rapidly gaining global prominence on the strength of truly eyebrow-raising innovations
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Asia PacificSouth Korea turbocharges marina infrastructure development plans
An initial government commitment to develop four marinas has since blossomed into a much broader strategy to create more than 70 first class facilities in all, catering to everything from fishing vessels to superyachts
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Asia PacificSouth Korea punching above its weight in export markets
A steadily growing presence at international boat shows and industry trade events like IBEX and METSTRADE confirms South Korea’s growing stature as a developing exporter of marine parts and equipment
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ReportWelcome to Asia's fastest growing boating market
South Korea has emerged as a significant market for luxury goods and a formidable partner for boat builders looking to expand into the Asia-Pacific market
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USAWhat a difference a year makes
As the frantic sales environment of the Covid-19 pandemic fades into memory, the US boat market enters that much anticipated new normal that is on one hand familiar, yet on the other hand different as baby boomers slowly cede market dominance to a new generation of buyers
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USAFinancing is readily available, but at what cost?
As boat builders work to rebuild pipelines different approaches to inventory and financial management are beginning to emerge, as some dealers return to pre-pandemic inventory levels and others choose to operate with leaner stock levels and more of a just-in-time approach
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USABalancing act as boatbuilders focus on affordability
With younger buyers still looking to engage a boat market that’s been challenged by inflationary pressures and multiple interest rate hikes, US boat builders are innovating to maintain an affordable path to entry
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ArticleRiding the Covid wave as boat sales and charter bounce back
Market reaps the rewards of consumer frustration with lockdowns and social distancing
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ArticleSupply chain challenges bring industry down to earth
The sky’s the limit? That would seem to be the case across most of Europe’s boating industry if it were not for the pesky supply chain problems which are holding companies back from fully meeting this unique period of extraordinary demand
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