Dubai PR Network, Online Press Release from Dubai and Middle East
 
Marine Services(Shipping and Logistic)
Filter PR by
  
Small to Mid-Range Luxury Boat Market Lifeblood of the Marine Industry
 

Local and international manufacturers use Dubai International Boat Show as a key platform for boat sales
80% of revenue generated by small to mid-sized vessels sales and maintenance, keeping the market afloat 

Dubai, UAE, March 4, 2017:  The appeal, accessibility and affordability of boats in the small to mid-sized segment compared to their larger counterparts are a key contributing factor in keeping the marine industry alive, with local and international companies using the Dubai International Boat Show as a platform to target a wealth of eager consumers during the five-day event.

Sultan Alshaali, CEO of Al Shaali Group said: “Small to medium sized boats represent 20% of the market but they generate 80% of revenue for the entire industry. If you think of it this way, one boat owner will need one service; twenty boat owners will need twenty services and so on. So this is actually what’s keeping the industry alive.”

Running from 3pm to 9:30pm daily until Saturday 4 March at the Dubai International Marine Club, a host of exhibitors are showcasing the latest products targeting the largest segment of the luxury boating market.

Added Alshaali: “We’ve always paid attention to this diversity and never focussed solely on megayachts. The medium sized boats are faster to build and turn around, and if you go to any marina, be it in Dubai or worldwide, you’ll find that less than 5% of the boats are megayachts with the small and medium segment being the lions share. Marinas recognise the importance of this as well, as it is a driving factor for their business.”

With over 800 brands and companies represented from more than 60 countries at the 25th edition of the Dubai International Boat Show, there is a wealth of products on display to cater for an array of customers with different budgets.

Showcasing the Sport 348, the 43 Flybridge and the 49 Flybridge, a first for the Middle East, Princess Yachts have pinpointed the Dubai International Boat Show as a key event to target consumers of small to mid-sized vessels, making up the bulk of their sales.

Salim Tayssoun, Managing Partner for Princess Yachts said: “As a foreign manufacturer at the Dubai International Boat Show, the small to medium sized boats are our best selling products. The majority of our clients are expats who are looking for the best quality and technological features, and we always focus on bringing our latest products here.”

As well as 19 superyachts at the event, there are over 450 boats moored in the marina on display at the venue, and they feature products that will appeal to customers with a variety of interests.

Ahmad Al-Ameeri, General Manager for Seas and Desert Group, distributor of Azimut Yachts said: “With all of our customers, we’ve seen that they use their vessels 360 degrees, for fishing, diving and travelling. For the smaller range of yachts we see that owners want to drive and take care of the boat themselves, and not involve any crew. This is particularly the case with vessels up to 50 feet.”  

Among the manufacturers and suppliers of vessels present at the show, Axopar Boats, Boston Whaler, Chapparal, Mastercraft and Wajer Boats are all showcasing the latest designs of small to mid-sized boats.

Running until Saturday 4 March at Dubai International Marine Club (DIMC), the five-day event is attracting visitors and professionals interested in all sectors of the maritime industry, is open to trade visitors and the general public from 3pm – 9.30pm daily from Feb 28 to March 4, 2017. Tickets are available at the gates for AED 60.


Posted by : Dubai PR Network Editorial Team
Viewed 14616 times
PR Category : Shipping and Logistic
Posted on : Saturday, March 4, 2017  11:04:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Local, International Brands Record Positive Sales and Intere...
Next Story : Mohammed Al Shaali Receives Lifetime Achievement Honour at W...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Timeless Ties [9565-Views]
COLAB - Dry Shampoo [8808-Views]
ORANGE & BERGAMOT Awaken the Cult Icon New Additions [8436-Views]
FOREO delivers the ultimate festival survival kit for a glow-on-the-go. [6734-Views]
The Perfect Gift Mark [6704-Views]
Samsung launches Exciting Smartphone Trade-In Program with Galaxy S9 or S9+ [5990-Views]
New XE 300 Sport Edition Wins Gripping Ice Race [5929-Views]
Summertime Beauty Picks at Glambeaute.com [5899-Views]
Get Vibrant and lively hair with Rahua's new Color Full Range [5813-Views]
Filorga Mesotherapist Derma Roller [5606-Views]
du to Offer New 9.7-inch iPad With Apple Pencil Support [5380-Views]
Penny Scallan Design Launches in the Middle East [5026-Views]
Dubai Sports Council Pavilion a big hit at Bangkok SportAccord [5020-Views]
Skyline University College Economics Day 2018: One Step towards Tomorrow [5014-Views]
Dubai-based Al Kasir Group launches three Crypto assets backed by diamonds [5002-Views]
A Royal Ramadan Experience by Master Chef Mama in Pullman Dubai Creek City Centre [4953-Views]
New Blow Out Bar and Make-Up Studio SWISH by Immaclife Opens in Abu Dhabi in April 2018 an... [4904-Views]
Pandora Shine Discover A New Way to Shine [4697-Views]
Rolling Cones, a new luxury ice cream concept, launches at the Hyatt Regency Dubai Creek H... [4636-Views]
MINI at Auto China Beijing 2018 [4526-Views]
The new BMW M2 Competition [4508-Views]
Mumzworld Announce Recruitment Drive To Empower Women in the Middle East [4258-Views]
Stylish Nursing wear at Mums and Bumps [4227-Views]
Gifts for Ramadan at Hour Choice [4215-Views]
Toshiba Releases New, Powerful Surveillance and Video Streaming Internal Consumer Hard Dri... [4178-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories