What has been the growth of people renting boats,
compared to people buying boats?
While precise figures are hard to come by, there’s a clear trend: boat rental is growing much faster than boat buying. Several factors contribute to this:
Cost: Boats are expensive to buy, maintain, and store. Renting avoids these costs, making boating accessible to more people.
Convenience: Renting eliminates the hassle of maintenance, storage, and upkeep.
Flexibility: Renters can choose different boats for different activities, without being tied to one vessel.
Accessibility: Rental platforms and services make it easier than ever to find and rent boats.
This shift is reflected in the growth of boat rental platforms and services, and the increasing popularity of peer-to-peer boat rental marketplaces. While some people still prefer the pride of ownership, many others find renting to be a more convenient and affordable way to enjoy time on the water.
Industry reports: Look for reports from market research firms specializing in the recreational boating industry. These often include data on rental vs. ownership trends.
Boating associations: Organizations like the National Marine Manufacturers Association (NMMA) may have data on boat sales and rental trends.
Rental platform data: Some boat rental platforms may publish statistics on their growth and usage.
Ultimately, the choice between renting and buying depends on individual needs and preferences.
But the growing popularity of boat rental suggests a shift in how people access and enjoy boating. |
