The global demand for recreational boats is estimated to reach (US) $26.4 billion in 2006 and is projected to grow at a 7% annual rate, reaching $37.1 billion in annual sales by 2011, according to new research from E-Composites, a leader in composites industry market intelligence. Given the size of the market and its prospects for further expansion, the recreational boat building industry represents a highly attractive opportunity for composites manufacturers targeting selected demand segments.
Green Marine
about 20 years ago
Opportunity Assessment for Composites in Global Recreational Boat Market
The global demand for recreational boats is estimated to reach (US) $26.4 billion in 2006 and is projected to grow at a 7% annual rate, reaching $37.1 billion in annual sales by 2011, according to new research from E-Composites, a leader in composites industry market intelligence. Given the size of
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