Aluminum Fishing Boat Market Tremendous Growth till 2028

 Stratview Research delivers key insights on the global Aluminum Fishing Boat Market.

The report also covers the Covid impact on the market. Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2021 and an uptrend is witnessed from 2022.

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Market Insights

The Aluminum Fishing Boat Market was accounted for US$ 730.4 Mn in terms of value in 2021 and is expected to grow at CAGR of 9.0% for the period 2022-2028.

Profiling Key Companies –

• Avalon Pontoon Boats

• Brunswick Corporation

• Forest River Inc.

• MasterCraft Boat Company, LLC

• Polaris Inc. (Boat Holdings, LLC.)

• Smoker Craft, Inc.

• Triton Industries Inc. (Manitou Pontoon Boats)

• White River Marine Group.

Growth drivers and Market Value:

This report, from Stratview Research, studies the Aluminum Fishing Boat Market value and growth drivers over the trend period of 2019-24. According to the report -

Boating is one of the major outdoor participation activities, especially in the USA, alone accounting for more than 35% of the USA's total outdoor participation activities. Also, there is a growth in outdoor participation rate in the USA with boating being the most preferred activity among all. Freshwater participants are more than thrice the saltwater fishing participants. There are different types of boats designed for fishing activities in saltwater and freshwater. Aluminum fishing boats are preferably used for freshwater fishing, whereas fiberglass boats are generally used for saltwater fishing.

Segment Analysis:

Based on by Boat Type:

The global aluminum fishing boat market is segmented based on boat type as deep-v boat, bass boat, multi-species boat and others. Deep-V boat is expected to remain the growth engine of the market during the forecast period. Extra-wide bottom making anglers more comfortable, smoother riding experience, and excellent stability on bigger waves are the factors spearheading the demand for deep-V boats in the market.

Based on Regional:

Based on the regions, North America is expected to remain the largest market for aluminum fishing boats during the forecast period with the USA being the growth engine. Aluminum fishing boats are majorly sold in the Northern USA region. Europe also holds a considerable share in the market with Scandinavia and Germany being the key demand generators in the region.

 

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Covid Impact

This informative research report also includes the most recent global events concerning the coronavirus pandemic. The report provides a detailed analysis of the pandemic's impact and the industry's economic scenario. The report consists of tables, graphs, charts, figures, and diagrams, that are used to graphically represent important statistical information.

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-        Appropriate market trend and forecast analysis.

-        All-inclusive report

-        Decent price-performance ratio

-        Reliable data

-        Attractive market segments and associated growth opportunities.

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