Recreational Fiberglass Boat Market

1. Presents a Research Report on Recreational Fiberglass Boat Market Recreational Fiberglass Boat Market by Boat Type (Outboard Boat, Inboard/Sterndrive Boat, PWC, and Others), by Application Type (Fishing, Watersports, Sailing, and Others), by Power Type (Engine-Powered and Sail-Propelled), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2019-2024 sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence

2. Recreational Fiberglass Boat Market Growth and Forecast Highlights & Drivers The next five years for the recreational fiberglass boats seem vigorous with attractive growth opportunities across the world. It is anticipated that the global recreational fiberglass boat market is projected to depict a healthy growth over the next five years to reach an estimated value of US$ 9,538.5 million in 2024. • Continuous increase in new powerboat sales, an increasing number of fishing participants, an increasing number of outboard motorboat sales, increasing HNWI population, and affordability of recreational fiberglass boats are major growth drivers of the recreational fiberglass boat market. • Another factor drawing a consequential interest in the market is an increasing number of merger & acquisition activities in the past couple of years, leading to a greater market concentration. • The USA and Canada have been the pioneer markets for recreational boats for many decades. In 2018, roughly 49 million people were fishing participants in the USA, accounting for approximately 16.5% of the total population of the country. Fishing is the most popular boating activity and 2nd most popular outdoor activity in the USA. • North America is expected to remain the largest recreational fiberglass boat market during the forecast period with the USA being the growth engine. • www.stratviewresearch.com 2

3. Market Insights By Boat Type • In terms of units, the outboard boat segment is likely to remain the most dominant segment over the next five years. • In terms of value, the inboard/sterndrive boat segment is likely to remain the dominant segment in the market over the same period. • PWC is likely to be the fastest-growing segment during the forecast period, driven by the USA and Canada. By Application Type • The fishing boat segment is likely is expected to remain the largest segment of the global recreational fiberglass boat market. • The watersports segment is likely to be the fastest-growing application type in the market over the next five years, much of this growth is attributed by the excellent PWC’s growth. By Power Type • The engine-powered boat is expected to remain the larger as well as the faster-growing segment of the global recreational fiberglass boat market over the next five years. • Sail-propelled boat type is also likely to witness healthy growth in years to come. www.stratviewresearch.com 3

4. Market Insights By Region • North America is expected to remain the largest recreational fiberglass boat market during the forecast period with the USA being the growth engine. • The USA is not only the largest market in North America but also the largest market in the world. • Canada is a relatively small market but is likely to witness healthy growth in years to come. • Europe also holds a considerable share in the market with France, Germany, Spain, and Sweden being the key demand generators in the region. It is estimated that these above-mentioned economies will continue to drive the region’s demand for recreational fiberglass boats in the coming five years. • Asia-Pacific currently holds a diminutive share of the global recreational fiberglass boat market but is subjected to grow at the highest rate in the coming five years, propelled by China, Japan, and New Zealand. Out of these economies, China is likely to witness the highest growth over the next five years. www.stratviewresearch.com 4

5. Competitive Insights Development of high-performance and valuable recreational fiberglass boat, setting up or expansion of distribution network in unpenetrated markets, regional expansion, and execution of mergers & acquisitions are the key strategies adopted by the key players to gain a competitive edge in the market. Key Companies Analysed • Groupe Beneteau • Brunswick Corporation • White River Marine Group • Bombardier Recreational Product Inc. • Malibu Boats • Marine Products Corporation • Mastercraft • Kawasaki • Yamaha Motor Company Ltd. www.stratviewresearch.com 5

6. Research Methodology Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. Stratview Research Internal Knowledgebase Secondary Research Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others Data Analysis (Top Down and Bottom Up Approach) Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) www.stratviewresearch.com 6

7. Report Features This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: Market structure: Overview, industry life cycle analysis, supply chain analysis. • • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors. • www.stratviewresearch.com 7

8. Market Segmentation By Boat Type • Outboard Boat • Inboard/Sterndrive Boat • PWC • Others By Application Type • Fishing • Watersports • Sailing • Others By Power Type • Engine-Powered Boats • Sail-Propelled Boats By Region • North America • Europe • Asia-Pacific • Rest of the World www.stratviewresearch.com 8

9. About Stratview Research Stratview Research is a global market intelligence firm providing high quality syndicated reports, custom research and consulting services. Our Services Why Us? High Customer Delight Market Reports Rich Industry Experience Advisory & Consulting Robust Methodology Custom Research Effective Business Decisions www.stratviewresearch.com 9

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