Market Research Reprots- Worldwide Small Boats Markets

Confectionary Markets: Market Shares,
Strategies, and Forecasts, Worldwide, 2018 to
2024
Global small boat market is forecast to grow at 7% through 2024 expected to reach $13.8 billion.
Worldwide markets are poised to achieve continuing growth as small boats markets respond to
the advantages brought by using new materials and demand from middle class people seeking
safe, fun recreation.
Small boat competitive positioning to achieve competitive advantage is accomplished by
successful introduction of new product offerings. The ability to meet customer expectations
depends on appropriate feature function packages and effective pricing strategies.
Small boat customers rigorously evaluate manufacturer quality, capability to innovate, and
availability of new products when making purchasing decisions.
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Figure 1. Small Boat Vendor Competitive Positioning
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Introduction of new products
Work to understand customer expectations
Listen to customers
Support ability to meet customer expectations