More IBI Market News – Page 15
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NewsTrade, tariffs and the environment likely lead Biden agenda
While getting control over the rapidly escalating Covid-19 infection rate and accompanying economic woes will be his new administration’s number one priority, the environment, trade and tariffs are likely to be among the top agenda items of the incoming Biden administration, according to a panel of marine industry Capitol Hill ...
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NewsCan Covid growth be sustained and retained?
More than 44,000 new boaters entered the US market in 2020 as part of a general turn to the outdoors brought about by the Covid-19 pandemic. But who are these new enthusiasts and – more importantly, some would ask – is there a way to avoid the inevitable churn of ...
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NewsEU wants more SMEs in trade deals outside the bloc
The European Boating Industry (EBI) says 97% of the businesses active in Europe’s boating sector are small and medium-sized companies. EU-wide, SMEs even account for 99% of all enterprises and employ an increasing number of persons. They may employ only up to 250 people, but SMEs are the oxygen of ...
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NewsCEO sentiment riding high in US boating market
A season of strong boat sales has buoyed optimism among the leaders of marine industry companies in the US market, according to NMMA’s Q3 Sentiment Report
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NewsBoat sales in Argentina set to recover
On the 29th October, boating activities were finally permitted throughout Argentina after the longest restriction of activities ever.
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NewsCroatian nautical sector seeks government financial support
A 50% drop in yacht arrivals and a 65% revenue loss from the reduced traffic has Croatia’s growing marina and nautical sector stalled and seeking some additional job support funding, according to the Croatian Chamber of Commerce (HGK).
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NewsHISWA: second lockdown undermines Dutch charter firms
The Netherlands’ second coronavirus lockdown in 2020, announced October 14, is a stab in the back for boating companies active in group accommodations like charterers, says Geert Dijks, head of the HISWA-RECRON watersports and recreation sector. Dijks said a negative mid-September travel advice in Germany and Belgium triggered “massive cancellations ...
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NewsUS boat sales expected to hit 13-year high
NMMA reports 2020 has been a banner year for new power boat retail sales
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NewsNautical tourism keeps Croatia afloat
Croatia’s early adoption of the so-called ’Blue Economy’ concept seems to be paying off, as nautical tourism appears to be keeping the country’s travel industry afloat during the time of Covid-19. Tourism and Sport Minister Nikolina Brnjac told the Nautical Patrol last Friday that of the 1.3 million bed nights ...
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NewsIBI IBEX Export Sessions - missed the showing? See the presentations here
IBI’s ’Your Route to Export Success’ and trailer of Richard Gaudet, president, Marine Mission Critical Electronics, interview ready to view here
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News2020 expected to be fourth-best year for RV sales in the US
Whether they’re known as caravans, RVs, campers or motorhomes in your part of the world, recreational vehicle sales in the US are rolling along on a record pace for 2020 with the industry predicting an all-time high in 2021. A news release yesterday from the RV Industry Association (RVIA) projects ...
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NewsSA branding expert says boat wrapping taking off in local market
Johannesburg-based branding specialists Image Build is reporting a surge in demand for vinyl boat-wraps within South Africa’s luxury boatbuilding industry.
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NewsUS business owners increasingly optimistic – Wells Fargo
Q3 study highlights improved future outlook in spite of continuing near-term Covid-19 headaches
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NewsSpain sees fall in superyacht activities
Charter and shipyard work impacted by Covid-19 pandemic
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NewsKiwi trailer boat builders busy despite lockdown
New Zealand is home to around 20,000 trailer boats from 3.5m-9.5m While some business sectors of New Zealand are finding things hard, especially the travel and food industry, not so it seems when it comes to the marine market. By all accounts, the Kiwi marine industry is ...
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NewsNumber of first-time boaters and female buyers up in US
Two new reports out this week indicate that it took just a few months of a global pandemic to reach what decades of marketing was only beginning to achieve: an increase in first-time and female boaters. Powersports marketing consultants Rollick has analysed and released data on boat-buyers entering the market ...
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NewsUS recreational fishing hits 12-year high
If there is a bright spot in the Covid-19 pandemic, one could certainly point to the outdoor recreation economy, which has been booming in the US since April, and now a new report from the Recreational Boating and Fishing Foundation (RBFF) bears that out, showing 50 million Americans have been ...
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NewsSpanish market rebounds as summer registrations rally
The rate of decline in pleasure boat registrations in Spain for this year appears to have slowed with -15% fewer registrations between January and August
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