United Kingdom: Market Reports
UK
New government, new taxes, but falling interest rates a boost
Storms darkened the forecasts of many UK marine businesses over the past year, thanks to unseasonable weather in 2023 and metaphorically due to political upheaval within an end-of-term parliament and stubbornly high interest rates.
UKInsight | Ancasta - How to drive new boat sales
Headquartered in the UK, but with an international network of brokers, Ancasta is a distributor for several leading brands of yacht and sells between 50-70 new models a year. Managing director Nick Griffith explains how sales can be optimised for the OEM
UKInnovation paying dividends for manufacturers
Innovative products, value for money and quick delivery prove recipe for success for the UK’s legion of marine equipment and accessories suppliers
UKIndustry cautiously optimistic despite challenges ahead
Activity is settling back after post-pandemic highs and consumer facing businesses have had a more difficult year, but there are reasons to remain cheerful with at least some of the lock-down generation of new owners staying in the market
UKGrowth slows as inflation cuts into consumer confidence and spending
New boat sales slow, but brokerage holds up as heat ebbs from market
UKEquipment firms look to invest in people, product and capacity
Despite ongoing concerns about parts, people and prices, the UK’s equipment and service sector is profiting from a buoyant market, reinvesting its earnings and working towards greater sustainability
UKFull speed ahead with investment as boatbuilders and distributors eye leaner medium term
IBI canvassed some of the UK’s key boatbuilders about their 2022 and prospects for the year ahead
UKDemand, supply and people shape outlook for leisure marine sector
A cost-of-living crisis and surging inflation may be grabbing headlines, but with record order books extending well into 2024, the UK’s marine industry remains sheltered, for now, from economic headwinds
UKOverview: Balancing act
Supply chains, freight costs and healthy order books present 2022 challenges for UK boatbuilders
UKLockdown proves leveller but boatbuilders look to future
After a tough year of lockdowns, UK builders have been grappling with supply chain and logistical issues as they seek to maximise unprecedented demand in 2021. Perhaps not the ideal time to fuel further orders, but who could turn down a marketing boost from the ultimate brand ambassador – James ...
UKStaycation and vaccine boost put boating front and centre
Boom in boating interest, but travel restrictions prove major hurdle for yards and brokers getting buyers in to see product
Companies - UK
NewsCox Powertrain reports challenging 2023
The UK diesel outboard builder is strengthening its products, supply chain and routes to market
NewsSunseeker opens new showroom in Dubai
UK builder’s new flagship facility in the Middle East cements presence in the region
People - UK
NewsWescom names new head of sales, electronics
Jack Sharland will be responsible for driving growth in the Electronics division
NewsTyphoon International makes key promotion
Ben Willis appointed head of leisure and commercial (UK & IE) sales
NewsChartwell Marine expands into APAC
Fabien Lecuona will spearhead UK design firm’s growth across the region
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