Lewes, DE -- (SBWIRE) -- 03/21/2018 -- 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.

Figure 1. Small Boat Vendor Competitive Positioning
- Introduction of new products
- Work to understand customer expectations
- Listen to customers
- Support ability to meet customer expectations
- Offer variety of feature function packages
- Implement effective pricing strategies.
- Understand that small boat customers rigorously evaluate manufacturer quality
- Provide capability to innovate
- Provide availability of stream of new product.

Global small boat market is forecast to grow at 7% through 2024. Some companies and some segments grow significantly faster. A $8.7 billion market worldwide in 2017, the small boats markets market has evolved steadily. It is expected to reach $13.8 billion by 2024.

Spanning over 207 pages "Small Boats Markets: Market Shares, Strategies, and Forecasts, Worldwide, 2018 to 2024" report covers Small Boats Executive Summary, Small Boats: Market Description and Market Dynamics, Small Boats Market Shares and Forecasts, Small Boats Product Description, Small Boats Distribution, Research, and Technology, Small Boats Company Profiles.

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