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NMMA reports boat sales strong in 2021, continued momentum expected in 2022

by National Marine Manufacturers Association 12 Jan 19:33 PST
New boat sales remain elevated in 2021 © NMMA

NMMA shared the latest industry data and trend information below with local, regional and national business media outlets today announcing U.S. new powerboat retail unit sales are expected to surpass 300,000 units for the second consecutive year, closing 2021 an estimated 4 to 6 percent below record highs in 2020 and 7 percent above the five-year sales average.

Amid heightened demand for new boats, boat builders experienced supply chain disruptions during the pandemic like other manufacturers across the country, which impacted new boat deliveries to retailers and put constraints on growth in 2021.

Manufacturing productivity is revving back up to meet demand for new boats, with boat building production nearing pre-pandemic levels as supply chain constraints ease.

To read more please go to the original article.

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