Even as the economy recovers from the recession and its lingering effects, “sailing faces pressure from aging baby boomers turning toward powerboats and millennials enjoying broader leisure options,” the South Florida Sun Sentinel of Fort Lauderdale reported, citing industry leaders. According to U.S. Census Bureau data and industry research, the number of U.S. residents who sail has been more or less flat for a decade, “with about 3.5 million to 4 million people” sailing at least once a year and 1.2 million doing so at least seven times a year, the paper reported. The trend comes despite an increase in the U.S. population and a growing propensity for affluent Americans to seek “special experiences” such as sailing, the paper quotes Sailing World magazine publisher Sally Helme.
Challenges confront sailboat market
Industry News | April 16, 2015 | By: ATA
You might also like...
Newport International Boat Show kicked off 2023 season
Registration now open for 2024 ABYC Standards Week
BoatUS Foundation receives $10M NOAA grant for debris removal program
Registration now open for ABYC, USCG risk mitigation webinar
Newell donates thousands of life jackets to the Sea Tow Foundation