Marine Industries
About
With 47 miles of Atlantic Ocean coastline, from deep-sea fishing in the Gulf Stream, to scuba diving in nearby reefs, to sailing the protected waters of the Intracoastal, Palm Beach County is a boater’s paradise. The Business Development Board of Palm Beach County understands how the county’s abundant marine resources and strategic location appeal to yachters around the world.
The Numbers
204 companies
2,198 jobs
$75,569 average salary
$264.1 Million Total Gross Regional Product
Palm Beach International Boat Show
Downtown West Palm Beach is home to the Palm Beach International Boat Show. It is one of the Top 5 Boat Shows in the U.S., and features hundreds of boats on land and boats in the water, ranging in size from 10’ to 200’. The displays are located along Flagler Drive from Banyan Street to Okeechobee Blvd. To accommodate the boats in the water, a 923,000-sq. ft. temporary floating dock marina is constructed for the Show.
Palm Beach International Boat Show by the Numbers:
- $1.05 Billion in economic impact
- 55,000 attendees
- 600 exhibiting brands
- 800+ boats on display
More Palm Beach County Data:
A five-year study released by the Marine Industries Association of Palm Beach County shows the marine industry has:
- $4.7 billion in overall economic impact, employing 22,000 people
- $18.5 billion for the tri-county area, employing 141,000 people
- 37,000 registered boats in Palm Beach County and 1 million in the State of Florida
Additional resources from the Marine Industries of Palm Beach County:
- 2023 FIND Economic Analysis of the District Waterways – PBC
- 2023 NMMA Florida Marine Economic Impact Info Graphic
- 2022 Economic Impact of the Recreational Marine Industry Tri-County
- 2022 FIND Economic Benefit Infor Graphic - PBC
- 2022 PBIBS Info Graphic
- 2022 MIAPBC Annual Report
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More About the Sector:
Marinas and boatyards in Palm Beach County have a combined appraised value of $78.4 million. The boat slips in Palm Beach County have a total market value of $436 million.
More than half of the economic impacts are generated by the service sector of the marine industry, including in excess of $1 billion in business sales, $369 million in personal income, and 9,885 jobs. The second largest impacts are generated by manufacturing activities, with more than $320 million in sales, $100 million in personal income, and 2,490 jobs.
In addition to the direct economic impact of the marine industry, the study also found that boaters spend approximately $52.97 per outing on non-marine-related purchases such as gas, food, drinks, and ice. These non-marine related purchases total $91 million in retail purchases ($51.6 million for gasoline sales and $39.4 million for food, drinks, and ice) and are estimated to generate economic impacts of $135 million in business volume, $34 million in personal income, and 850 jobs.
LOOK WHO'S HERE
204 marine-industry companies are located in Palm Beach County. Here are just a few...
4Ocean
Albury Brothers Boats
Algafeed
All Around Docks
American Yacht Restoration, Inc.
Angler Action Foundation
Applied Technology & Management, Inc.
Atlantic Filter Corporation
Barnacle Busters
Beard Marine Group
Bluestar Marine
Boat Owners Warehouse
Bobby Soles Propeller
Canvas Designers, Inc.
Cracker Boy Boat Works
Cummins Cederberg & Coastal Marine Engineering
Custom Canvas and Cushion
Denison Yachting
De Keizer Marine Engineering
DeBond Corporation
Doyle Marine Management DRSA
Gillen Yacht Services
Hemingway’s Boatyard The Ways
Horizon Yachts
Ice Marine, Inc
Intracoastal Marine Construction
JAS Marine Service, Inc.
LagoonKeepers.org
Marine Electronic Solutions
Marine Exhaust Systems Inc.
Maz Ocean, Inc
Merritt Marine Supply
Mozzanica USA LLC
Murrelle Marine
Ocean Alloys
Offshore Marine Electronics, Inc.
Palmdale Oil Company
Poseidon Dredge & Marine
Safe Harbor Rybovich
Sybrant Marine Services
Taras Oceanographic Foundation
TDW Marine
The Proper Way Underwater Services, Inc.
The Reef Institute
TowBoat U.S./TowBoat One Inc.
Tuppen’s Marine and Tackle
Viking Yacht Service Center
Voda Marine Services
Ward’s Marine Electric
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