Middle East Leisure Boats Market Outlook to 2027 - AL Hareb Marine, AL Fajer Marine LLC, Gulf Craft, AL Shaali Marine, Ribcraft Middle East, Ocean Boats, Al Suwaidi Marine, and Instinct Marine

Leisure Boats Market to 2027 - Middle East Analysis and Forecast by Type and Application. In terms of revenue, the Middle East Leisure Boats Market 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%.

The rising demand for Leisure boats in the Middle East has attracted various manufacturers to the region, resulting in the production of numerous modern leisure boats. This has not only spurred up the market for new boats but also increased the market value for used boats. Increase in the market value of the used boats is mainly because of the rapidly urbanizing population, which has been increasingly showing investment interest in leisure activities.

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Some of the major events in this region include the Dubai Industrial Strategy 2030, which has an objective to develop Dubai as a global destination and platform for overseas companies looking for sustainability and growth. The initiative is expected to promote an expansion of Dubai’s yacht and boats manufacturing activities to accomplish domestic demand.

The used leisure boats are expected to gain prominent growth rate during the forecast period

The overall leisure boats market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the leisure boats market. It also provides the overview and forecast for the leisure boats market based on all the segmentation provided with respect to the Middle East region.

The major players profiled in this report are AL Hareb Marine, AL Fajer Marine LLC, Al Seer Marine Supplies & Equipment Company L.L.C, Gulf Craft, AL Shaali Marine, Ribcraft Middle East, Ocean Boats, Al Suwaidi Marine, and Instinct Marine.

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Reason to Buy:

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East Leisure Boats market

- Highlights key business priorities in order to assist companies to realign their business strategies

- The key findings and recommendations highlight crucial progressive industry trends in the Middle East Leisure Boats market, thereby allowing players across the value chain to develop effective long-term strategies

- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

- Scrutinize in-depth Middle East market trends and outlook coupled with the factors driving the market, as well as those hindering it

- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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