Powerboat Sales See Solid Gains During April
Recreational boat sales growth in March amounted to just a trickle, but the solid single-digit increases the industry saw in April suggest that builders and dealers could enjoy sustainable gains in the warmer months ahead.
Soundings Trade Only reported that sales in the industry’s main powerboat segments rose 5% to 10,973 and industrywide sales climbed 8.9% to 17,061 from the same month a year earlier in 30 early reporting states that represent about 64% of the U.S. boat market, Statistical Surveys reported today.
“I think this is the start of a good swing and the momentum we needed, and all we need now is some good spring weather to kick the boating season into full gear,” Statistical Surveys Inc. National Marine Sales Manager Ryan Kloppe said.
Among the high-volume categories, the 11- to 40-foot outboard segment stood out. Sales there rose 11.3%, or 377 boats, to 3,703, and they are up 6.6% for the year through April at 10,692 in the early-reporting states.
Kloppe said boats in that segment are versatile and come with a range of pricing options.
“I think that’s going to be the hot category this year,” he said.
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