UK As an industry, it provides a living for countless people in businesses ranging from fishing tackle and boating manufacturing to travel and hospitality to publications, magazines and much more. In short, outdoor recreation is a growing and diverse economic super sector that is a vital cornerstone of successful communities that cannot be ignored. Recreational Fishing Vessel Production by Regions, Global Recreational Fishing Vessel Production by Regions, Global Recreational Fishing Vessel Revenue by Regions, Recreational Fishing Vessel Consumption by Regions, Global Recreational Fishing Vessel Production by Type, Global Recreational Fishing Vessel Revenue by Type, Recreational Fishing Vessel Price by Type, Global Recreational Fishing Vessel Consumption by Application, Global Recreational Fishing Vessel Consumption Market Share by Application (2014-2019), Recreational Fishing Vessel Production Sites and Area Served, Product Introduction, Application and Specification, Recreational Fishing Vessel Production, Revenue, Ex-factory Price and Gross Margin (2014-2019). As shown in figure 1, the is far Among these, the 14-16 boat size segment is predicted to witness considerable growth and value for $1,048.8 million by the end of 2026. It also LONDON--(BUSINESS WIRE)--The yacht painting and maintenance market is expected to grow by USD 123.95 million during 2020-2024, expanding at a … Market Study Report adds New Global Recreational Fishing Vessel Market research providing in-depth information about market overview, top vendors, Key market highlights, product types, market drivers, challenges, trends, Recreational Fishing Vessel industry landscape, size and forecast, five forces analysis, Key leading countries/Region. The economic contribution of the fishing industry is split between commercial and recreational fishing, contributing $59.0 billion and $30.4 billion in 2012, respectively (NMFS 2014). Recreational fishing accounted for the largest share of exceeding 50.0% in 2018. It is defined by the Food and Agriculture Organization as including recreational, subsistence and commercial fishing, and the harvesting, processing, and marketing sectors. The outlook for 2019 remains positive with continued growth expected to bring a 3-4 percent increase in new powerboat retail sales. For millions of Americans, recreational fishing is more than just a pleasant getaway; it’s a way of life. The U.S. recreational boating market players are American Sail Inc., Azimut-Benetti Group, Bavaria Yachts, Groupe Beneteau, Brunswick Corporation, and Catalina Yachts. The report considers the revenue generated from the sales of This Report and technologies by various application segments. 2018 Special Report on Fishing 4 Market Share Analysis and Growth Forecast, by Country 7.3.3.1. The recreational boating market currently represents a small share the global leisure industry however experts foresee significant growth for the market in the coming years. The report also provides a brief related to the geographical spectrum of this vertical along with the firms that have received a significant stance across the marketplace. Increasing economic conditions and rising popularity of coastal and marine tourism across the globe will drive the market revenue. Some of the Major Highlights of TOC covers: Recreational Fishing Vessel Regional Market Analysis, Recreational Fishing Vessel Segment Market Analysis (by Type), Recreational Fishing Vessel Segment Market Analysis (by Application), Recreational Fishing Vessel Major Manufacturers Analysis, Read More Related Reports at: https://www.marketwatch.com/press-release/New-Report-2025-Beauty-Care-Products-Market-will-grow-at-CAGR-of-18-to-cross-revenue-of-257640-Million-USD-2020-12-08, Contact Us: Corporate Sales, Market Study Report LLC Phone: 1-302-273-0910 Toll Free: 1-866-764-2150 Email: [email protected]. INDUSTRY INSIGHTS. In the meantime, participation among adolescents, ages 13 to 17, increased an average of 4.0% over the past 3 years. 14-16 Feet Segment to Witness Significant Growth by 2026. The recreational boating market (henceforth referred to as the market studied) is anticipated to register a CAGR of about 4.20% during the forecast period (2019 – 2024). Internationally, the market for Fishing is quite a broad one and the same is prophesized to continue with its sound rate of growth in the years to come.
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