Industry Insight

Italy's marine industry, once the undisputed titan of European yacht building, is experiencing a remarkable renaissance after enduring one of the most challenging periods in its history. Following eight years of crisis that began with the 2008 global financial collapse and was exacerbated by the austerity measures of the Italian government from 2010 to 2013, the industry is now showing clear signs...

1. A Snapshot of the 2014 Bounce‑Back Unit momentum: Analysts at GE Capital and Wells Fargo projected an 8–9% lift in nationwide new‑boat sales, pushing the market toward ≈ 185,000 units in 2014—up from the post‑crash low of ~145 k in 2010, yet still far from the 280 k peak in 2006.2014 US Market overview.pdf](file-service://file-2CymawgWRWy5hnYMqeMCxb) Macro tailwinds: U.S. GDP growth was 2.8%, unemployment 6.3%, and consumer confidence...

The global marine market has witnessed a series of ups and downs over the past decade. From the slow but steady recovery in the US market to turbulent economic shifts in regions such as Brazil and the Gulf, various factors have shaped the current landscape of boating and marine equipment. In this analysis, we dive into a comprehensive overview of key regions—including...