Skip to main content

New Boat Registrations Up 5.8% Year to Date

Main powerboat categories were up more than 34% year over year.
SSI-Soundings-Sept-2020

New boat registrations soared again in September, rising 8.5 percent year to date in the main powerboat categories and 34.3 percent year over year in those segments, according to preliminary data released by Statistical Surveys Inc.

Every single category in the main powerboat segments was up at least 24 percent year over year; pontoons and bowriders were up 47 plus percent, and ski and wake was up 37.5 percent.

All other categories were up also, with the exception of PWCs, according to registration data from 29 early reporting states, accounting for almost 60 percent of the U.S. market.

“I think people bought some boats this year,” SSI sales director Ryan Kloppe told Trade Only Today. “Everybody is up except PWCs, and that’s because everything has already been sold.”

The industry as a whole was up 5.8 percent year to date, and more than 20 percent year over year. Demand has been so strong that dealers have said getting new boats to sell has proven challenging.

“This is all a great problem for the industry to have,” said Kloppe. “Sales are up during a pandemic, which is really good. We think demand will still be there the following year for people who couldn’t get into the market this year. We’re seeing double-digit increases in every area except PWCs. The recreational world is doing well.”

Related

1_TRAVELIFT.COOP

Marine Travelift Launches Co-op Program

The company received its first student, a University of Wisconsin engineering major, in the seven-month paid co-op.

1_JULY4

Trade Only Today Returns Tuesday

The e-newsletter will not publish July 4 in observance of Independence Day. We wish everyone a safe holiday weekend.

1_ORR.FUNDS

ORR Announces Federally Funded Projects

The U.S. Economic Development Administration prioritized outdoor recreation for the first time

Norm#4

Ten Ways To Sell in a Tough Economy

These keys to successful selling can help you create customers who keep coming back, even when sales dip

1_ASA.BOARD

ASA Names New Board Members

The American Sportfishing Association filled two at-large seats and two regional seats on its board of directors.

1_EXEC.SEARCH

Dammrich, Hopkinson Partner With Marine Resources Recruitment

The industry veterans will help clients fill executive-suite, marine industry job openings around the world.

1_PULSE.PING.0630

DEALERS: How Was Business in the First Half of 2022?

With the second quarter coming to a close, was there parity between the budget and financial performance in the first six months? Take the Pulse Report survey here.

1_PMMPODCAST

Passagemaker Relaunches Podcast

Trawler Talk aims to connect with those who are interested in the cruising lifestyle, with episodes dropping every other week

1_AQUILA

Aquila Celebrates 10 Years

The builder said it has sold more than 500 power cats and is the No. 1 brand in that segment.