How the Pandemic Changed the Boating Industry
Did you have a friend buy a boat last year?
Maybe you bought a boat last year!
As with many outdoor activities, boat sales soared in 2020, as well as inquiries about Nautique wake boat price in Lewisville. Many looking for new ways to have fun safely amidst the pandemic turned to boating. Some joined in for the first time! Others reestablished their love for boating. Either way, boat sales were up substantially in 2020 compared with 2019. Statistics from the NMMA – National Marine Manufacturers Association – report that sales of powerboats in the US alone were up by 12% in 2020 and total industry spending on boats, marine products, and services topped $47 billion dollars! This was an increase of 9% over 2019.
New Boat Buyers Up for First Time in a Decade
It’s no surprise, but new boating was up for the first time in over a decade! This shift mainly occurred in the smaller boat market – those that are less than 26 feet – because many were out there wanting to wakeboard, wakesurf, tube, fish, etc. with friends and family safely during the pandemic! What a fun year to try something new and enjoy the great outdoors. Boating is a great way to spend time outdoors, socially distanced from others around you. It’s easy to get out on the lake and forget time and forget the stresses of everyday life.
Boat Manufacturers are Trying to Keep Up With Demand
Due to shutdowns, shortage of materials, and higher demand in 2020, boat manufacturers are still trying to get caught up with demand! Economists predict that by the end of 2021, boat supply and demand will even out and return to 2019 levels. Come in and find out a Nautique wake boat price in Lewisville.
The Boating Industry Has Created New Jobs
There is a silver lining to the shortages and manufacturing delays. The high demand has allowed the boating industry to create jobs where other industries aren’t. Where others fall short, the boating industry has picked up! It is reported that the boating industry now supports nearly 700,000 jobs. That is huge! We’re proud to be a part of an industry that is thriving and creating new jobs.
Come See What We Have In Stock at Buxton Marine!
At Buxton Marine in Lewisville, Texas, we have been seeing these trends occur before our very eyes here at our boat dealership, but we still have some great models on the lot! We still firming believe that there has never been a better time to begin learning the joys and fun of boating. Come by and see us this week to see our Nautique wake boat price in Lewisville, plus learn about all the makes and models available. We are located near Lake Lewisville and proudly serve the entire Dallas-Fort Worth Metroplex and beyond.