The boating market reached full normalization in 2023, and this year continues to show similar trends. As high interest rates and inflation persist, consumer demand continues to wane, with global searches related to boat purchasing dropping by 7.6% in the first half...
Complete three-year global market analysis Market has reached full normalization Sustained buyer demand for smaller boats New financial and sales data While boating continues to enjoy the growth in popularity it saw take off during the pandemic, the boating market has...
The number of boats sold down 4.3% compared to 2019 Online buyer interest shifts for the first time in three years The global average boat value is up 29.5% compared to 2019 Boats sold in 2022 total over $11.4 billion globally Rising interest rates drove smaller loan...
Boat Trader survey finds few sellers are concerned about economic uncertainty MIAMI, Fla., October 5, 2022 — Even with surging prices at the pump and inflation rates hitting a 40-year high, private boat sellers are optimistic about the overall boat market and plan to...
Strong consumer demand continues to move boat inventory faster than before the pandemic Global average boat value is 28.9% higher than 2019 Boats sold in the first half of the year total over $6 billion globally Average price of boats in the 26-foot range continues to...
Study matched U.S. leads from Boat Trader, YachtWorld and boats.com with purchases and revealed nearly 60% of people submitting leads were first-time buyers, plus more key insights Overall lead conversion rose to 17.5%, meaning that one in six sales leads submitted on...
Boat shoppers made December a month to remember for retailers, traffic climbed (+39% YoY) and listing views jumped (+61% YoY); Leads nearly doubled (+95% YoY) Ski-wake, pontoon and cruiser categories remained top leaders for YoY lead growth The...
MIAMI, Dec. 17, 2020 -- YachtWorld, the largest global marketplace for boats and yachts, announced today a new automated service called Search Alerts, to keep boat buyers on top of the fast-moving luxury market. When demand is high and competition is fierce, not being...
Boating’s bountiful harvest continued in November with traffic (+39% YoY) and listing views (+63% YoY) up over last year; Leads were served like dessert (+92% YoY) Ski-wake, pontoon and cruiser categories remained on top for YoY lead growth West Coast and Gulf Coast...
October traffic (+39% YoY) and listing views (+49% YoY) shows sales trend continues; Demand stands firm as boat leads (+82% YoY) keep delivering; Boats Group’s soldboats.com data shows October U.S. boat sales +11% YoY; Southwest and West Coast regions had highest YoY...
September traffic (+40% YoY) and listing views (+57% YoY) suggest steady sales trend through the autumn; Demand stands firm as boat leads (+108% YoY) more than double Boats Group’s soldboats.com data shows September boat sales increased +11% YoY Southwest region...
64% of polled consumers said the most frustrating part of boat shopping is staying on top of listings MIAMI, Oct. 14, 2020 -- Boat Trader, America’s largest online boating marketplace, announced today the launch of a new automated consumer service called Search...