BIA Vice President Adam Smith launched the report on day one of the Sydney International Boat Show in Darling Harbour.
“Our industry has seen growth in total revenue over the past year of 8.1 (per cent to $9.55 billion, in NSW revenue is up almost 10 per cent over that period. Across the last five years, that growth has been 15 per cent, with the challenges of Covid included ” Smith said.
“There are now 26,000 people directly employed in the boating industry nationally with many thousands more in contractors supporting more than 2000 businesses. Seventy-five per cent are in small, family businesses, employing local workers and supporting local communities.”
The data report card shows:
- 1 in 10 Australians have a boat licence
- 925,000 registered boats
- 90,000+ personal watercraft registered
- 18,500+ new registrations over the year
- 85% of boats are under 6m
- 75% of the fleet is less than 10 years old
- 62% of boats are aluminium
- 33% of boats are fibreglass
The BIA boating industry data report card is available at www.bia.org.au/industry/industry-data.
For information on boating go to www.discoverboating.com.au.
For information on BIA go to www.bia.org.au.
