North America Pontoon Boat Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Bar Boat, Rear Lounge, Quad Seating, Arch Models, and Double Decker), Tube Type (Double Tube and Triple Tube), Propulsion Type (Single Engine, Double Engine, and Electric Motor), Size (Less than 20 Feet, 20 - 30 Feet, and More than 30 Feet), and Application (Fishing, Watersports, Recreational, and Others)
Market Introduction
The US, Canada, and Mexico are the economies in North America, and the disposable incomes of US and Canada are among the top leading countries across the globe. For instance, North American had US$ 47,673 of disposable personal income in 2020. The total disposable personal income for the US was US$ 15.74 trillion in 2020. Further, in the second quarter of 2021, Canada had US$ 1,163,480 of disposable personal income, according to Trading Economics data. Additionally, in Mexico, the annual per capita disposable personal income was US$ 42,062 in 2020. Thus, with the rising disposable personal income in the region, people are ready to have a luxurious life such as fishing activities, boating, lounging, cruising, and water-based adventurous activities. This, in turn, is fueling the demand for pontoon boats. Secondly, North America has many manufacturers, including BRP, Polaris Industries Inc., Sunchaser Boats, and Sylvan Marine. Thus, the presence of multiple manufacturers helps in boosting the adoption of pontoon boats. Further, with heightened interest in outdoor recreation activities, North America's consumers demand new boats. For instance, the National Marine Manufacturers Association (NMMA), representing the North American recreational boat, engine, and marine accessory manufacturers, reports that retail unit sales of new boats in the US increased in 2020 by an estimated 12% compared to 2019. More than 310,000 new recreational boats were sold in 2020. Therefore, the growing boat sales for recreational activities is influencing the growth of the pontoon boat market.
In case of COVID-19, North America is highly affected specially US. The economic growth was slowed, which directly impacted the ship manufacturers across the region. In 2020, the COVID-19 outbreak had negatively affected the pontoon boat market in the North American region due to a halt in the manufacturing of pontoon boats. The prime concern for pontoon boat market players is the declining production of ships in North America, adversely affecting the shipping industry. Further, due to the pandemic caused, users avoid leaving their house for non-essential activity, which is expected to hinder the sales of the new pontoon boat. However, in 2021, to overcome the challenges posed by the COVID-19 outbreak, the pontoon boat manufacturers are focusing on increasing product innovation and keeping consumers' requirements in mind will lead to increased demand.
Get more information on this report : 
Market Overview and Dynamics
The North America pontoon boat market is expected to grow from US$ 1,163.66 million in 2021 to US$ 2,020.71 million by 2028; it is estimated to grow at a CAGR of 8.2% from 2021 to 2028. The increasing general use of deck and pontoons boats is expanding their adoption exponentially. Therefore, to attract individuals, developments in pontoon boats are taking place. In 2021, BRP, a leader in personal watercraft with their Sea-Doo brand, has now showcased a 2022 Sea-Doo Switch (expansion in the line of Sea-Doo). It is an all-new pontoon boat offering incredible versatility and stability of the pontoon platform. The quick-change deck design can be completely reconfigured to suit the needs of a single fishing trip, family picnic, and wakeboard session. Also, the new Manitou portfolio continued the BRP's tradition of offering incredible on-water experiences for family and friends. Manitou has unveiled its model year 2022 line-up, which adds more power and premium features to a line-up of performance, luxury, and leisure pontoon boats, which is already excellent. With changing pontoon boats and deck boats, the focus of the same is also expanding. Cruising and fishing are some of the consumer’s interests. The pontoon manufacturers are bringing new changes to break stereotypes about pontoon boats by bringing them for water sports, like surfing into the scenario. Such developments in the pontoon boat market are expected to create lucrative business opportunities for the manufacturers and providers of pontoon boats in the coming years across North America region.
Key Market Segments
In terms of type, the rear lounge segment accounted for the largest share of the North America pontoon boat market in 2020. In terms of tube type, the triple tube segment held a larger market share of the North America pontoon boat market in 2020. In terms of propulsion type, the double engine segment held a larger market share of the North America pontoon boat market in 2020. Further, the 20 - 30 feet segment held a larger share of the North America pontoon boat market based on size in 2020. Further, the recreational segment held a larger share of the North America pontoon boat market based on application in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the North America pontoon boat market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Aloha Pontoons, BRP, Polaris Inc., Premier Marine Inc., and Sun Tracker Boats among others.
Reasons to buy report
- To understand the North America pontoon boat market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for North America pontoon boat market
- Efficiently plan M&A and partnership deals in North America pontoon boat market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America pontoon boat market
- Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.
North America Pontoon Boat Market Segmentation
North America Pontoon Boat Market - By Type
- Bar Boat
- Rear Lounge
- Quad Seating
- Arch Models
- Double Decker
North America Pontoon Boat Market - By Tube Type
- Double Tube
- Triple Tube
North America Pontoon Boat Market - By Propulsion Type
- Single Engine
- Double Engine
- Electric Motor
North America Pontoon Boat Market - By Size
- Less than 20 Feet
- 20 - 30 Feet
- More than 30 Feet
North America Pontoon Boat Market - By Application
- Fishing
- Watersports
- Recreational
- Others
North America Pontoon Boat Market - By Country
- US
- Canada
- Mexico
North America Pontoon Boat Market - Company Profiles
- Aloha Pontoons
- BRP
- Polaris Inc.
- Premier Marine Inc.
- Sun Tracker Boats
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Pontoon Boat Market – By Type
1.3.2 North America Pontoon Boat Market – By Tube Type
1.3.3 North America Pontoon Boat Market – By Propulsion Type
1.3.4 North America Pontoon Boat Market – By Size
1.3.5 North America Pontoon Boat Market – By Application
1.3.6 North America Pontoon Boat Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Pontoon Boat Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Pontoon Boat Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Escalating Inclination Toward Recreational Boating Industry
5.1.2 Surging Tourism Industry
5.2 Market Restraints
5.2.1 Low Speed of Pontoon Boats
5.3 Market Opportunities
5.3.1 Growing Development in Pontoons
5.4 Future Trends
5.4.1 Emergence of New Pontoon Boats
5.5 Impact Analysis of Drivers and Restraints
6. Pontoon Boat Market – North America Analysis
6.1 North America Pontoon Boat Market Overview
6.2 North America Pontoon Boat Market Forecast and Analysis
7. North America Pontoon Boat Market Analysis – By Type
7.1 Overview
7.2 North America Pontoon Boat Market, by Type (2020 and 2028)
7.3 Bar Boat
7.3.1 Overview
7.3.2 Bar Boat: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Rear Lounge
7.4.1 Overview
7.4.2 Rear Lounge: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Quad Seating
7.5.1 Overview
7.5.2 Quad Seating: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Arch Models
7.6.1 Overview
7.6.2 Arch Models: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Double Decker
7.7.1 Overview
7.7.2 Double Decker: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Pontoon Boat Market Analysis – By Tube Type
8.1 Overview
8.2 North America Pontoon Boat Market, by Tube Type (2020 and 2028)
8.3 Double Tube
8.3.1 Overview
8.3.2 Double Tube: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Triple Tube
8.4.1 Overview
8.4.2 Triple Tube: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Pontoon Boat Market Analysis – By Propulsion Type
9.1 Overview
9.2 North America Pontoon Boat Market, by Propulsion Type (2020 and 2028)
9.3 Single Engine
9.3.1 Overview
9.3.2 Single Engine: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Double Engine
9.4.1 Overview
9.4.2 Double Engine: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Electric Motor
9.5.1 Overview
9.5.2 Electric Motor: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
10. North America Pontoon Boat Market Analysis – By Size
10.1 Overview
10.2 North America Pontoon Boat Market, by Size (2020 and 2028)
10.3 Less than 20 Feet
10.3.1 Overview
10.3.2 Less than 20 Feet: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
10.4 - 30 Feet
10.4.1 Overview
10.4.2 - 30 Feet: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
10.5 More than 30 Feet
10.5.1 Overview
10.5.2 More than 30 Feet: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
11. North America Pontoon Boat Market Analysis – By Application
11.1 Overview
11.2 North America Pontoon Boat Market, by Application (2020 and 2028)
11.3 Fishing
11.3.1 Overview
11.3.2 Fishing: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
11.4 Watersports
11.4.1 Overview
11.4.2 Watersports: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
11.5 Recreational
11.5.1 Overview
11.5.2 Recreational: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
11.6 Others
11.6.1 Overview
11.6.2 Others: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
12. North America Pontoon Boat Market – Country Analysis
12.1 Overview
12.1.1 North America: Pontoon Boat Market, by Country
12.1.1.1 US: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.1.1 US: Pontoon Boat Market, by Type
12.1.1.1.2 US: Pontoon Boat Market, by Tube Type
12.1.1.1.3 US: Pontoon Boat Market, by Propulsion Type
12.1.1.1.4 US: Pontoon Boat Market, by Size
12.1.1.1.5 US: Pontoon Boat Market, by Application
12.1.1.2 Canada: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.2.1 Canada: Pontoon Boat Market, by Type
12.1.1.2.2 Canada: Pontoon Boat Market, by Tube Type
12.1.1.2.3 Canada: Pontoon Boat Market, by Propulsion Type
12.1.1.2.4 Canada: Pontoon Boat Market, by Size
12.1.1.2.5 Canada: Pontoon Boat Market, by Application
12.1.1.3 Mexico: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.3.1 Mexico: Pontoon Boat Market, by Type
12.1.1.3.2 Mexico: Pontoon Boat Market, by Tube Type
12.1.1.3.3 Mexico: Pontoon Boat Market, by Propulsion Type
12.1.1.3.4 Mexico: Pontoon Boat Market, by Size
12.1.1.3.5 Mexico: Pontoon Boat Market, by Application
13. North America Pontoon Boat Market - COVID-19 Impact Analysis
13.1 North America: Impact Assessment of COVID-19 Pandemic
14. Industry Landscape
14.1 Overview
14.2 Market Initiative
14.3 New Product Development
14.4 Merger and Acquisition
15. Company Profiles
15.1 ALOHA PONTOONS
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Products and Services
15.1.4 Financial Overview
15.1.5 SWOT Analysis
15.1.6 Key Developments
15.2 Polaris Inc.
15.2.1 Key Facts
15.2.2 Business Description
15.2.3 Products and Services
15.2.4 Financial Overview
15.2.5 SWOT Analysis
15.2.6 Key Developments
15.3 BRP
15.3.1 Key Facts
15.3.2 Business Description
15.3.3 Products and Services
15.3.4 Financial Overview
15.3.5 SWOT Analysis
15.3.6 Key Developments
15.4 SUN TRACKER BOATS
15.4.1 Key Facts
15.4.2 Business Description
15.4.3 Products and Services
15.4.4 Financial Overview
15.4.5 SWOT Analysis
15.4.6 Key Developments
15.5 Premier Marine Inc.
15.5.1 Key Facts
15.5.2 Business Description
15.5.3 Products and Services
15.5.4 Financial Overview
15.5.5 SWOT Analysis
15.5.6 Key Developments
16. Appendix
16.1 About The Insight Partners
16.2 Glossary
LIST OF TABLES
Table 1. North America Pontoon Boat Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. US: Pontoon Boat Market, by Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Pontoon Boat Market, by Tube Type –Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Pontoon Boat Market, by Propulsion Type –Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Pontoon Boat Market, by Size –Revenue and Forecast to 2028 (US$ Million)
Table 6. US: Pontoon Boat Market, by Application –Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Pontoon Boat Market, by Type –Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Pontoon Boat Market, by Tube Type –Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: Pontoon Boat Market, by Propulsion Type –Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada: Pontoon Boat Market, by Size –Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada: Pontoon Boat Market, by Application –Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: Pontoon Boat Market, by Type –Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico: Pontoon Boat Market, by Tube Type –Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico: Pontoon Boat Market, by Propulsion Type –Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico: Pontoon Boat Market, by Size –Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico: Pontoon Boat Market, by Application –Revenue and Forecast to 2028 (US$ Million)
Table 17. Glossary of Terms
LIST OF FIGURES
Figure 1. North America Pontoon Boat Market Segmentation
Figure 2. North America Pontoon Boat Market Segmentation – Country
Figure 3. North America Pontoon Boat Market Overview
Figure 4. North America Pontoon Boat Market, By Tube Type
Figure 5. North America Pontoon Boat Market, By Propulsion Type
Figure 6. North America Pontoon Boat Market, By Country
Figure 7. North America PEST Analysis
Figure 8. North America Pontoon Boat Market Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. North America Pontoon Boat Market: Impact Analysis of Drivers and Restraints
Figure 11. North America Pontoon Boat Market, Forecast and Analysis (US$ Mn)
Figure 12. North America Pontoon Boat Market Revenue Share, by Type (2020 and 2028)
Figure 13. North America Bar Boat: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Rear Lounge: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Quad Seating: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Arch Models: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Double Decker: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Pontoon Boat Market Revenue Share, by Tube Type (2020 and 2028)
Figure 19. North America Double Tube: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Triple Tube: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America Pontoon Boat Market Revenue Share, by Propulsion Type (2020 and 2028)
Figure 22. North America Single Engine: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America Double Engine: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. North America Electric Motor: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. North America Pontoon Boat Market Revenue Share, by Size (2020 and 2028)
Figure 26. North America Less than 20 Feet: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. North America 20 - 30 Feet: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. North America More than 30 Feet: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. North America Pontoon Boat Market Revenue Share, by Application (2020 and 2028)
Figure 30. North America Fishing: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. North America Watersports: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. North America Recreational: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. North America Others: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. North America: Pontoon Boat Market Revenue Overview, by Country (2020) (US$ Mn)
Figure 35. North America: Pontoon Boat Market Revenue Share, by Country (2020 and 2028)
Figure 36. US: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Canada: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Mexico: Pontoon Boat Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Impact of COVID-19 Pandemic in North American Country Markets
- Aloha Pontoons
- BRP
- Polaris Inc.
- Premier Marine Inc.
- Sun Tracker Boats
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America pontoon boat market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America pontoon boat market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the pontoon boat market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution