Personal Watercraft Manufacturing in the US - Industry Market Research Report

Personal Watercraft Manufacturing in the US - Industry Market Research Report

  • May 2019 •
  • 30 pages •
  • Report ID: 5782800 •
  • Format: PDF

Uncharted waters: As consumers’ purchasing power rises, industry revenue is expected to grow

Abstract

Personal Watercraft Manufacturing
Trends in consumer preferences and discretionary incomes directly influence the financial performance of the Personal Watercraft Manufacturing industry. The industry is strongest when customers have high disposable incomes and confidence in the macroeconomy. Consequently, the industry struggled during the economic recovery just prior to the five-year period, as demand for all of its products remained low. As the economy continues to improve, real wages are expected to rise, thus increasing consumers’ purchasing power and confidence. Additionally, low oil prices are expected to contribute to rising demand moving forward.

This industry manufactures personal recreational watercraft that riders can sit or stand on.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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