More IBI Market News – Page 7
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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 ...
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US 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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Spanish 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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FIN offers update on French boating market and says Paris Boat Show likely to go ahead
Show cancellations take gloss off positive summer season
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Covid causes eastern shift in superyacht traffic
Greece, Turkey and Croatia emerge as most popular 2020 superyacht cruising grounds
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Australian marina industry proving resilient in face of Covid-19, according to report
Despite headwinds sector continues to expand
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Georgia plans to become Black Sea’s boating hotspot
Batumi believed to be earmarked for development
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US study says cost of onshoring supply chains from China could top $1 trillion
A new study by US-based Bank of America shows a growing appetite among manufacturers for repatriating overseas production in spite of potentially high costs A new research paper published by the Bank of America (BofA) notes an emerging shift among North American and European manufacturers ...
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Positive US boating trends continue
Two metrics released today by the National Marine Manufacturers Association in America indicates boating continues to draw strong online interest – and more tangibly – sales
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European Overview: Bright spots amid the uncertainty
The fallout of Covid-related lockdowns and safety protocols has had far-reaching impacts on Europe’s industry, but there are winners amid the upheaval.
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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)
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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.
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First-time boat buyers up 34% in US
New empirical data confirms anecdotal reports of high numbers of new boaters entering US market
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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
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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.
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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.
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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.
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2019 Dutch superyacht output: fewer but more valuable, greener vessels
Amels’ 83m Here Comes the Sun The Dutch superyacht sector delivered 17 yachts last year, worth just over €1bn, the Netherlands Maritime Technology (NMT) trade group says in its 2019 annual report. While this is a drop in numbers, NMT says the value of yachts on order ...
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Russian boating sector ready for breakthrough
Russian Yachting Federation CEO believes Russia’s domestic yachting scene could take off post-Covid, with the right state backing
