Massimo Group (NASDAQ: MAMO) Rides the Wave of Growing Powersports
The global powersports market is projected to grow to $60.51 billion by 2032. Recreational boating market size is expected to observe around a 10% CAGR from 2024 to 2032. Massimo Group has strategically positioned itself to leverage these market trends. The powersports and recreational watercraft industries are experiencing a notable upswing, driven by consumers' growing appetite for outdoor adventures and leisure activities. Amid this surge, Massimo (NASDAQ: MAMO), a Texas-based manufacturer and distributor, is emerging as a significant player, capitalizing on market trends and expanding its footprint in the sector. The global powersports market, encompassing vehicles like ATVs, UTVs and bikes,…