The Fishing Boat Charter industry consists of businesses that engage in services such as inshore or coastal fishing, offshore fishing, tournament fishing and commercial fishing. Basically, operators in the Fishing Boat Charter industry provide charter boat services for individuals, parties and companies. Operators may vary greatly in size, ranging from large operators with a fleet of vessels to single boat owner-operators and part-time charter companies.
A recent report published by IBISWorld shows that the Fishing Boat Charter industry has experienced growth. Industry revenue has increased at an annualized rate of 2.9 percent to reach approximately $400 million.
Little if any consolidation of ownership for synergy and increased revenue has been done in this industry.