Jon Boat Market to Drive Growth During the Forecast Period 2021-2027
Jon boats are flat-bottomed boats equipped with a unique type of boat hull that provides users with a stable ride. These boats are also known as utility boats and are used for fishing or hunting purposes. One of the main advantages of the Jon boat is its reduced weight which allows the hunter or fisherman to accommodate more equipment on the boat. In addition, the profitable nature of the boat has encouraged more people to try fishing and boating. This in turn is expected to drive the growth demand of the Jon Boat market.
On the other hand, the growing maritime industry and outdoor events such as recreation, fishing and hunting activities among all kinds of people, ages and income groups are expected to fuel the growth of the Jon Boat market. during the forecast period. Due to the light weight of the Jon boat, it is the best choice for shallow water fishing as they have minimal draft which gives the operator an advantage over other boat designs.
Lowe Boats, Alumacraft Boat Co., CRESTLINER, War Eagle Boats, Polar Kraft, Xpress Boats, Tracker Boats, SeaArk Boats, White River Marine Group, LLC, Smoker Craft Boats, Devlin Designing Boat Builders and Alutec Boats
Market players focus on launching new products to strengthen their market presence and gain competitive advantage over other market players globally. For example, in 2019 White River Marine introduced their riveted Jon boat Triton, fitted with a 100 gauge hull for superior handling and structural integrity. In addition, the boat has a capacity to accommodate 3 people and a transom height of 15 inches.
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Impact of COVID-19
Jon boat makers are grappling with the impact of COVID-19 as their production and supply chain has been disrupted, resulting in lower sales of Jon boats. With COVID-19, industrial fishing activities have also been hampered, affecting new sales of small boats. In addition, the closure of restaurants, hotels and catering has negatively impacted Jon’s boat market as demand for fish has been cut.
After the recovery phase of COVID-19, growing consumer demand for fish and seafood products will lead to the expansion of the fishing industry globally. Thus, further encourage the exports of fishery and aquaculture products among fishermen, thereby leading to the growth of the fishing industry. It is expected to increase during the forecast period and contribute significantly to the Jon Boat market.
Jon Boat market segmentation
For better understanding, Global Jon Boat Market is studied under boat type, application, and region.
Depending on the type of boat,
Based on the application,
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- North America (United States, Canada)
- Latin America (Brazil, Mexico, rest of Latin America)
- Europe (Germany, Italy, France, United Kingdom, Spain, Germany, rest of Europe)
- East Asia (China, Japan and South Korea)
- South Asia and Oceania (India, Malaysia, Thailand, Indonesia, Australia and the rest of South Asia and Oceania)
- Middle East and Africa (GCC countries, Turkey, South Africa and rest of MEA)
Europe is expected to be a lucrative market for Jon Boat during the forecast period. The central role of European countries in the global fish and seafood trade is expected to support the growth of Jon’s boat market. Growing exports of fish and other products from European countries have greatly encouraged the popularity of commercial fishing in recent years. This, in turn, will pave the way for significant opportunities for Jon boat manufacturers in the European region.
In contrast, it is estimated that North America will experience strong growth in boat sales due to the growing trend of boating in the region. In addition, according to the Recreational Boating & Fishing Foundation, the boating industry was estimated at US $ 41 billion in 2018, with a 7% increase over the previous year in terms of boat sales, marine products and services. Thus, with the increasing popularity of fishing activities in North America and Europe, the demand for Jon boat is likely to grow during the forecast period.
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