IBI Market Overviews
Global boat industry report published
Research firm expects a 25% drop in global boat sales for 2020
Market Overview | Denmark
Full order books and momentum from a healthy 2019 have bought builders and their suppliers vital time in the COVID-19 battle
Market Overview | Finland
Off the back of one of the most positive Helsinki boat shows in years, Finland’s marine industry had been looking forward to a buoyant 2020. Now it waits anxiously to see what tomorrow brings
Market Overview | Gemany
Cracks were already beginning to appear in the industry, despite a buoyant Boot Düsseldorf, with growing sales of bigger boats masking softness in other sectors. Covid-19 has now set alarm bells ringing
Market Overview | France
Ten years after the 2008 financial crisis, a smile has returned to the faces of leisure boat professionals in France. But the good results are mainly from exports as the home market remains lacklustre
Market Overview | Italy
Italy’s industry is riding high, but can the growth rate be sustained? Exports and confidence continue to rise as the industry gets ready for what it predicts will be another good year
US wholesale boat shipments soared 60% in June
Boat building in the US has ramped back up after the Coronavirus forced shutdowns at many plants, according to the latest statistics from the National Marine Manufacturers Association (NMMA)
Italy: IBI State of the Industry Briefing
Get interactive and watch IBI’s industry interview of Italy’s most knowledgeable expert on the state of the country’s boating industry and domestic market performance. IBI Editor Ed Slack speaks with Dr. Stefano Pagani Isnardi, Head of Technical, Statistics, Research & International Relations for Italy’s marine industry association, Confindustria Nautica.
Infrastructure key to Vermont’s boating growth
Just a month after the US Senate approved the Great American Outdoor Act aimed at pumping millions of dollars into maintenance and infrastructure of outdoor resources like boat ramps, the Covid-fuelled boating boom in the States has not eased, with dealers and manufacturers facing inventory shortages.
First-time boat buyers up 34% in US
New empirical data confirms anecdotal reports of high numbers of new boaters entering US market
Hong Kong boating market shines while the rest of Asia struggles
The market is looking forward to the 1st Hong Kong Yacht Show in November
US boat sales up 59% in May
The National Marine Manufacturers Association (NMMA) released new data on Wednesday confirming a surge in US boat sales for the month of May, with volumes rebounding by 59% over April’s numbers and growth observed across virtually every product category.
N&J researches Covid-19 and the response of UHNWIs and their spending
New research undertaken by international yacht services provider Northrop & Johnson (N&J) highlights that businesses in the luxury products and experiences sector will have to adapt how they deal with UNHWIs (ultra-high-net-worth individuals) in response to the challenges posed by Covid-19.
Superyachts to play key role in Bermuda’s economic recovery
The Atlantic island of Bermuda has missed out on a number of international yacht regattas and sports fisher boat competitions, but the island’s government is now actively pursuing the superyacht market with the objective that it could make a key contribution in the country’s economic recovery.
