coopec
N/A
When I read the posts on the different forums I get the impression most people posting are "older" people. Where are all the younger sailors?
Maybe the answer is that the "millennials" can't afford a yacht and that is why prices of yachts are falling?
Forty years ago there was a boatyard set aside for amateur boat builders and there was 100 boats under construction but now there are none.
This question came up on another forum and it makes interesting reading.
Cruising Sailboats: a Dying Breed?
There was a lively debate in a recent thread [1] where a younger cruiser was looking for other younger cruisers to join together in discussion. The nagging question popped up: WHERE are all the younger sailors? There was quite a banter involving differences between millennials and baby boomers, distribution of wealth, modern distractions, and other factors resulting in far fewer sailors these days...
Alas… who remembers all those thousands of BOATS manufactured back in the day?
The whole discussion reminded me of those Glory Days of sailboat production… the 1970s and 1980s. (perhaps the 60s too?) The timely combination of fiberglass technology, disposable income, leisure time and the oil crisis created a peak in sailboat production. The king of the every-man sailboat, Catalina Yachts, had churned out almost 25,000 sailboats per decade by 1990. Since then, they have averaged maybe 3,000 / decade, with dozens of competitors going under. [2][7]
If you examine more recent sailboat production data, the downward trend continues. In North America, the year 2000 saw more than 20,000 sailboats produced annually. In 2017 there were only 7000. [3] The number of active sailboat manufacturers in North America has dropped by 1/3 in the last 10 years. It's at 92 now. [6]
Sure, the people-question is still a good one, though probably beaten to death in the mentioned thread.[1] One thing discussed was the point that young people are not as likely to be DIY types as their parents, and these skills are usually important to be successful cruisers. [1][5] I had to laugh at that. Sadly, this lack of DIY skill (and interest) rings true for my millennial kids. (Ok, small sample size)
Here are some better people-stats...
In the 1970s, there were 12M people in North America who sailed at least once per year. [3] Now the number is barely 1/3 of that, and unchanged for the last decade in spite of population growing 7%. The number of “core” sailors (8+ sails/yr) is declining each year. It seems that aging baby boomers are turning to power boats and millennials are finding other things to do altogether. [3]
But hold on. This recent assessment of younger people without time for sailing sounds oddly similar to a 25 year old LA Times article from 1992, lamenting the “growing indifference by time-pressed yuppies to the rigorous sport of sailing “. [7] (remember the dreaded “yuppies”?) This trend must not be a recent one, after all. Just replace “yuppie” with “millennial”.
I think the sailboat market downward forces are nuanced, indeed. Articles about the steady sailboat production decline don’t usually mention the fact that those glory decades of sailing late last century leave modern purchasers with a huge number of old (but floating) used boats to choose from.
Whatever the reasons, the downward trend in sailboat manufacturing seems like it is continuing. Another study from 2016 separated the 30’-59’sailboat market (cruiser size) from the much greater <20’ hull numbers for North America. Adding up imports and domestic production totaled less than 500 boats for 2015 vs 1600 boats in 2008. Graph attached. [6]
Perhaps we are now in the Glory Days of USED cruising sailboats.
One wonders, though: Where is the bottom of the sailboat production curve, trending downward for three decades?
A dying breed?
Cruising Sailboats: a Dying Breed? - Cruisers & Sailing Forums
Maybe the answer is that the "millennials" can't afford a yacht and that is why prices of yachts are falling?
Forty years ago there was a boatyard set aside for amateur boat builders and there was 100 boats under construction but now there are none.
This question came up on another forum and it makes interesting reading.
Cruising Sailboats: a Dying Breed?
There was a lively debate in a recent thread [1] where a younger cruiser was looking for other younger cruisers to join together in discussion. The nagging question popped up: WHERE are all the younger sailors? There was quite a banter involving differences between millennials and baby boomers, distribution of wealth, modern distractions, and other factors resulting in far fewer sailors these days...
Alas… who remembers all those thousands of BOATS manufactured back in the day?
The whole discussion reminded me of those Glory Days of sailboat production… the 1970s and 1980s. (perhaps the 60s too?) The timely combination of fiberglass technology, disposable income, leisure time and the oil crisis created a peak in sailboat production. The king of the every-man sailboat, Catalina Yachts, had churned out almost 25,000 sailboats per decade by 1990. Since then, they have averaged maybe 3,000 / decade, with dozens of competitors going under. [2][7]
If you examine more recent sailboat production data, the downward trend continues. In North America, the year 2000 saw more than 20,000 sailboats produced annually. In 2017 there were only 7000. [3] The number of active sailboat manufacturers in North America has dropped by 1/3 in the last 10 years. It's at 92 now. [6]
Sure, the people-question is still a good one, though probably beaten to death in the mentioned thread.[1] One thing discussed was the point that young people are not as likely to be DIY types as their parents, and these skills are usually important to be successful cruisers. [1][5] I had to laugh at that. Sadly, this lack of DIY skill (and interest) rings true for my millennial kids. (Ok, small sample size)
Here are some better people-stats...
In the 1970s, there were 12M people in North America who sailed at least once per year. [3] Now the number is barely 1/3 of that, and unchanged for the last decade in spite of population growing 7%. The number of “core” sailors (8+ sails/yr) is declining each year. It seems that aging baby boomers are turning to power boats and millennials are finding other things to do altogether. [3]
But hold on. This recent assessment of younger people without time for sailing sounds oddly similar to a 25 year old LA Times article from 1992, lamenting the “growing indifference by time-pressed yuppies to the rigorous sport of sailing “. [7] (remember the dreaded “yuppies”?) This trend must not be a recent one, after all. Just replace “yuppie” with “millennial”.
I think the sailboat market downward forces are nuanced, indeed. Articles about the steady sailboat production decline don’t usually mention the fact that those glory decades of sailing late last century leave modern purchasers with a huge number of old (but floating) used boats to choose from.
Whatever the reasons, the downward trend in sailboat manufacturing seems like it is continuing. Another study from 2016 separated the 30’-59’sailboat market (cruiser size) from the much greater <20’ hull numbers for North America. Adding up imports and domestic production totaled less than 500 boats for 2015 vs 1600 boats in 2008. Graph attached. [6]
Perhaps we are now in the Glory Days of USED cruising sailboats.
One wonders, though: Where is the bottom of the sailboat production curve, trending downward for three decades?
A dying breed?
Cruising Sailboats: a Dying Breed? - Cruisers & Sailing Forums
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