openPR Logo
Press release

Leisure Boats Market in Middle East Outlook to 2027 - Ribcraft Middle East, Ocean Boats, Al Suwaidi Marine, Gulf Craft, Al Shaali Marine, Al Hareb Marine, Al Fajer Marine, Al Seer Marine Supplies & Equipment Company, Al Marakeb Manufacturing Boats Est, In

01-21-2019 10:34 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
Leisure Boats Market in Middle East Worth USD 2,947.1 Million by 2027

Leisure Boats Market in Middle East Worth USD 2,947.1 Million by 2027

This report focuses on the Leisure Boats Market in Middle East Size, Revenue, Share, status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Leisure Boats in Middle East development in North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA).

High spending capability of the population and increasing waterfront projects would contribute to the growth of Leisure Boats market by 2027 with a CAGR of 4.9%.

The “Leisure Boats Market to 2027- by Type (New Leisure Boats and Used Leisure Boats); Application (Sailboats, Runabouts, Jet Boats, Cabin Cruiser, Watercrafts) – Middle East Analysis and Forecast”. The scope of study involves understanding on the factors responsible for this growth of Leisure Boats Market along with the estimates and forecasts of the revenue and market share analysis and also spots the significant leisure boats players in the market and their key developments.

Get Sample PDF Brochure of this report at

Leisure Boats Market to 2027 – Middle East Analysis in terms of revenue, is expected to grow to US$ 2,947.1 million by 2027 from US$ 1,840.0 million in 2017, growing at a CAGR of 4.9%. By 2016 the marine industry in Middle Eastern had managed to defy the economic slowdown. The potential of the market to successfully survive the economic downturn was attributed to the robust customer loyalty, which backed for 70-80% of the force motivating the growth in this sector. These loyal customers are that fragment of the demography who generate the need for products that enhance their seafaring experiences. Such demands can range from luxurious yachts to water sports equipment. Expanding base of loyal clientele is the key factor, which is enforcing the Gulf/GCC based leisure boats manufactures to stick this market and enhance its growth opportunities by constant innovation.

The disposable income of population residing in the Gulf countries is high and is accepted to further increase during the forecast period. Certain Middle East countries comprise of highly affluent population, which makes the Middle East a significant market for luxury products. Also, the development of waterfront residential properties is boosting the demand for leisure boats. Countries including UAE, Oman, and Kuwait have waterfront residential projects underway. For instance, in 2017, IMKAN Properties LLC in Abu Dhabi revealed a US$ 540 Mn waterfront project on Reem Island.

The Leisure Boats market by Middle Eastern Region is segmented into for major countries and the rest of Middle East. Kuwait is expected to account for the largest share of the Middle East Leisure boats market in 2017, followed by UAE. Being two key countries in the Middle East the growth in UAE is contributed by several government-initiated marine projects and lifestyle transformation. The report profiles key players such Gulf Craft Inc., Al Shaali Marine, Al Hareb Marine, Al Fajer Marine Llc, Al Seer Marine Supplies & Equipment Company L.L.C, Ribcraft Middle East, Ocean Boats, Al Suwaidi Marine, Al Marakeb Manufacturing Boats Est, and Instinct Marine, among others.

Order a copy of this report at

The report segments the Middle East Leisure Boats Market as follows:

1.1.1 Middle East Leisure Boats Market – By Type
• New Leisure Boats
• Used Leisure Boats

1.1.2 Middle East Leisure Boats Market – By Application
• Sailboats
• Runabouts
• Jet Boats
• Cabin Cruiser
• Watercrafts

1.1.3 Middle East Leisure Boats Market – By Country
• Kuwait
• Qatar
• Oman
• Rest of Middle East

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:
Call: +1-646-491-9876

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Leisure Boats Market in Middle East Outlook to 2027 - Ribcraft Middle East, Ocean Boats, Al Suwaidi Marine, Gulf Craft, Al Shaali Marine, Al Hareb Marine, Al Fajer Marine, Al Seer Marine Supplies & Equipment Company, Al Marakeb Manufacturing Boats Est, In here

News-ID: 1516225 • Views: 220

More Releases from The Insight Partners

Elevator Modernization Market: Predictive maintenance service for elevators
lobal Elevator Modernization market accounted for US$ 10,640.0 Mn in 2017 and is expected to grow at a CAGR of 3.8% during the forecast period 2018 – 2025, to account for US$ 14,386.2 Mn in 2025. Elevator modernization is the process of upgrading the critical parts of the elevator in order to maintain the speed, efficiency, and safety of the elevator and the passengers traveling through it. Many of the elevators
Surety Market Growth Prospects to 2027 – TOP Vendors are AmTrust Financial Ser …
“Surety - Global Analysis and Forecast to 2027”, the global surety market is expected to reach US$ 28.77 billion in 2027, registering a CAGR of 7.5% during the forecast period 2019-2027. The surety market is expected to flourish during the forecast period. This growth is highly attributed to the increasing commercial and residential construction in the emerging economies of the region. In the recent few years, surety market has noticed noteworthy
Flexible Packaging Solutions Market Latest Trends, Demand and Advancement 2019 t …
This study offers a comprehensive, 360 degree analysis on the Flexible Packaging Solutions Market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Flexible Packaging Solutions Market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies. The
Microbial Identification Panel Market Upcoming Opportunities with $3,873.1 Milli …
Advancement in technologies is rising in rapidly. The rising trend is making the clinical and medical diagnostics much easier. The technological advancement has reduced the time of microbial identification and analyzing procedures. It has also helped in getting outcomes more accurately and efficiently. The next-generation sequencing method has allowed understanding the genetic make-up of micro-organism for various industrial application. Microbial Identification Panel Market to 2027 - Global Analysis and Forecasts by

All 5 Releases

More Releases for Boats

Global Leisure Boats Market Research Report 2018
Global Leisure Boats Market Blasting the travel industry segment and rising extra cash of residents in developing economies, for example, Brazil and, is a portion of the key patterns heightening business sector development. Moreover, the developing interest of individuals in recreational and focused sculling exercises over the globe is assessed to give an upthrust to the market. Other than this, expanding progressions in innovations are anticipated to support the development
Italian Space Agency Received Their Transport Boats
Successful Delivery of Transport Boats Representatives of the Italian Space Agency recently came to the ASIS headquarters to take delivery of boats they had ordered to transport their staff & cargo from the base station to their workplace. ASIS worked hand in hand with the Italian Space Agency to custom design and build the Rigid Inflatable Boats (RIBs) to meet their needs. The handover was very successful and the boats exceeded their
Global Jet Boats Market 2018 | Major Key Players : Yamaha, Sea-Doo, Glastron, Ch …
Description : Jet Boats-Global Market Status and Trend Report 2013-2023 offers a comprehensive analysis on Jet Boats industry, standing on the readers’ perspective, delivering detailed market data and penetrating insights. No matter the client is industry insider, potential entrant or investor, the report will provides useful data and information. Key questions answered by this report include: Worldwide and Regional Market Size of Jet Boats 2013-2017, and development forecast 2018-2023 Main manufacturers/suppliers of Jet
Survey: Patrol Boats Market Size 2018-2025 HiSiBi, Willard Marine, Asis Boats, S …
Patrol Boats Market Research 2018 Globe Info Research Recently added detailed market study on the "Global Patrol Boats Market" Research Report 2018-2025 which provides an outlook of current market value of Patrol Boats Market as well as the expected forecast of Rate on Investment (ROI) with growing CAGR of XX% in Patrol Boats Market by the end of 2025. The report on the global Patrol Boats market uses the top-down and
New Boat Market 2017 - Chris-Craft Boats, Cimmarron Boats, Clyde Boats, Cobalt B …
Apex Research, recently published a detailed market research study focused on the "New Boat Market" across the global, regional and country level. The report provides 360° analysis of "New Boat Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global New Boat industry, and estimates the future trend of New Boat market on
Global Leisure Boats Sales Market Report 2017
MarketResearchReports.Biz presents this most up-to-date research on "Global Leisure Boats Sales Market Report 2017" Description This report studies sales (consumption) of Leisure Boats in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering Riva Sunseeker Ferretti Lurssen Azimut Wally Princess Pershing Beneteau Itama Jeanneau Regal Fairline Searay Heysea Yacht Group Sunbird Market Segment by Regions, this report splits Global into several key Regions, with sales (consumption), revenue,