International Boat Industry – June-July 2019

(Wang) #1

20 JUNE–JULY 2019 | International Boat Industry ibinews.com


Markets & Regions


OVERVIEW | USA


the shelves. Yet a surprising number of boatbuilders
and dealers report softer sales to kick off the season.
The question everyone is asking is, why?

DOMESTIC MARKET A MIXED BAG
In virtually every key geographic market across
North America, results from the winter and
early spring boat shows are being described as
inconsistent, with some segments doing well,
others failing to match 2018 numbers. “We have
had some mixed reviews but overall we’re happy
with our winter show season,” says Terry McNew,
CEO at Vonore, Tennessee-based MasterCraft Boat
Holdings, manufacturer of MasterCraft watersports
boats, Crest pontoon boats and NauticStar fishing
boats. “Last year was a record boat show season
for the MasterCraft brand, and this year was on
par with that. Show sales for Crest were up a bit
year-over-year in spite of some really cold weather
in the northern Midwest, while the saltwater fishing
category that NauticStar plays in was down for
almost all brands, including NauticStar.”
For New Paris, Indiana-based aluminium fishing,
pontoon and fibreglass sport boat manufacturer
Smoker Craft Inc, the winter show season was
encouraging, but still not quite at the level of 2018.
“Domestic sales were good. They weren’t quite as
good as last year, which was a tremendous season,
but they were better than 2017 and that was also

a very healthy year,” says senior vice president
of marketing and corporate development, Peter
Barrett. “The luxury and high-performance pontoon
segments are still strong. The surf runabout market
is still very strong. Fishing is stable and growing in
the low single digits year-over-year. Really, there’s
nothing to complain about. But it does feel like we
have hit a bit of a slowdown.”
Brunswick Boat Group president Huw Bower is
largely pleased with his company’s winter boat show
results, although he notes the entry-level buyer
seemed to be less prevalent this year. “We had a
good show season, but the value side of the market
was softer than the premium end,” he says. “The
premium buyer does their research, they know what
they want, so they can just show up and put their
order in. They just want to get the boat. The value
buyer is more of an impulse buyer, and when the
weather’s not there, as was the case this year in many
different markets, they’re just not going to make the
same effort to get down to the dealership or go down
to the shows in quite the same way.”
Boat show attendance seemed to match retail
sales in many parts of the US this spring, with some
events recording gains while others were slightly
down. Distractions, including the US government
shutdown in January and the political turmoil
leading to the release of the Mueller Report in
April, have been identified as potential contributing
factors. “This first quarter of the year was down,
and so that gets people nervous about the rest of
the year,” says National Marine Manufacturers’
Association (NMMA) president, Thom Dammrich.
“Having said that, I think we saw a bit of a spike
through the first part of May and now we’re hearing
some stronger reports, so we’re hoping it was

PETER BARRETT, SENIOR VP OF MARKETING
SMOKER CRAFT INC

Domestic sales
weren't quite as good
as last year, but they
were better than 2017
and that was a very
healthy year

 Some manufacturers
report lower sales in the
saltwater fishing boat
category

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