NMMA Announces Strong Boat Sales in 2021

The National Marine Manufacturers Association has announced that powerboat sales in 2021 are expected to exceed 300,000 units for the second year in a row.

Late last year, industry data showed overall boat sales were estimated to be 4-6% below 2020 records and 7% above the five-year sales average. year.

“Following record sales in 2020, boating remained the leading U.S. outdoor recreation sector in 2021, with new powerboat sales exceeding 300,000 units for only the second time in 15 years. “said NMMA President Frank Hugelmeyer. said in a press release. “American shipbuilding, which provides about 691,000 jobs across the country, stands out as an example of economic resilience.”

Consumer interest in boating continues to grow as Americans turn to time spent on the water as an accessible outdoor activity, as other leisure, sports and travel activities continue to grow. be limited by Covid-19.

The U.S. Department of Commerce’s Bureau of Economic Analysis reports that boating and fishing are the main contributors to the $689 billion outdoor recreation economy.

NMMA expects 2022 to be another strong year for new boat sales, which are expected to top 2021 totals by 3%.

“We expect strong momentum in boat and new boat sales to continue through 2022, as Americans of all backgrounds explore the great outdoors and turn to the unique joys of being on the water” , said Hugelmeyer.

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