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Boat Dealership and Repair in the US Product Image

Boat Dealership and Repair in the US

  • Published: June 2014
  • Region: United States
  • 28 Pages
  • IBISWorld
All aboard: Higher disposable incomes will keep industry demand afloat

Boat Dealership and Repair in the US

Boat dealers experienced dramatic revenue declines during the economic downturn, forcing many of them to exit the industry. Boats are considered relatively expensive discretionary purchases. Therefore, demand fell in line with plummeting consumer sentiment and weaker disposable incomes. However, these factors reversed course during the economic recovery, bolstered by pent-up demand for new and used boats. As a result, IBISWorld expects industry revenue to increase over the five years to 2014. Furthermore, this industry will improve over the five years to 2019, responding to disposable income growth and greater participation in sporting activities. Still, the industry is expected to continue to face competition from other recreational activities.

This industry sells new and used recreational boats like canoes, sailboats and motorboats (except personal watercraft), boat parts and accessories. This industry also provides repair and maintenance services; boat repairers may be employed by a boat dealer or operate as an independent shop.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

MarineMax Inc.

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