Small Boats Markets: Market Shares, Strategies, and Forecasts, Worldwide, 2018 to 2024

Small Boats Markets: Market Shares, Strategies, and Forecasts, Worldwide, 2018 to 2024

  • March 2018 •
  • 207 pages •
  • Report ID: 5367957
Worldwide markets are poised to achieve continuing growth as small boats markets respond to the advantages brought by using new materials and demand from middle class people seeking safe, fun recreation. Small boat competitive positioning to achieve competitive advantage is accomplished by successful introduction of new product offerings.

The ability to meet customer expectations depends on appropriate feature function packages and effective pricing strategies. Small boat customers rigorously evaluate manufacturer quality, capability to innovate, and availability of new products when making purchasing decisions.
Figure 1. Small Boat Vendor Competitive Positioning
Introduction of new products
Work to understand customer expectations
Listen to customers
Support ability to meet customer expectations
Offer variety of feature function packages
Implement effective pricing strategies.
Understand that small boat customers rigorously evaluate manufacturer quality
Provide capability to innovate
Provide availability of stream of new products

Global small boat market is forecast to grow at 7% through 2024. Some companies and some segments grow significantly faster. A $8.7 billion market worldwide in 2017, the small boats markets market has evolved steadily. It is expected to reach $13.8 billion by 2024.
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Country=UnitedStates Industry=InVitroDiagnostics ParentIndustry=LifeSciences Date=201803 Topic=MarketSize Publisher=WinterGreenResearch Price=4000