Yacht Global Market Report 2022-2031 | Market Demand, Scope, Overview And Top Key Players Are Azimut Benetti, Brunswick Corporation, Christensen Shipyards Ltd, Alexander Marine International, Damen Shipyards Group

The global yacht market report by the business research company identifies growing demand for luxury tourism and sailing is expected to propel the demand for the yacht market. Luxury tourism focuses on offering a high level of comfort and quality with no stress or hassle. It entails an elevated travel experience with minimal annoyance and maximum convenience. The rapid growth in luxury tourism is expected to boost demand for yachts, as they are a key component of luxury tourism for destinations located on the seacoast. For instance, in 2019, Turkey, a luxury tourism country, observed a 20% growth in demand for boats and yachts rented by tourists (yacht tourism), especially foreign tourists, compared to the previous year. Therefore, the growing demand for luxury tourism and sailing is expected to boost the demand for yacht during the forecast period.

The global yacht market size is expected to grow from $7.70 billion in 2021 to $8.22 billion in 2022 at a compound annual growth rate (CAGR) of 6.75%. The global yacht market size is expected to reach $9.97 billion in 2026 at a CAGR of 4.95%.

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https://www.thebusinessresearchcompany.com/report/yacht-global-market-report

Europe was the largest region in the yacht market in 2021. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the global yacht market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the yacht market are Azimut Benetti, Brunswick Corporation, Christensen Shipyards Ltd, Alexander Marine International, Damen Shipyards Group, Feadship, Ferretti, Viking Yacht Company, Princess Yachts Limited, Sunseeker International, Sanlorenzo SpA, Heesen Yachts, Fincantieri SpA, Horizon Yacht, Palumbo Group, and Bavaria Yachtbau GmbH.

The global Yacht market is segmented -
1) By Type:
Super Yacht
Flybridge Yacht
Sport Yacht
Long Range Yacht

2) By Length:
Up to 20 Meters
20-50 Meters
Above 50 Meters

3) By Propulsion:
Motor
Sail

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The Yacht Market Report Contents Include
1. Executive Summary
2. Yacht Market Characteristics
3. Yacht Market Trends And Strategies
4. Impact Of COVID-19 On Yacht Market
5. Yacht Market Size And Growth
….....
28. Key Mergers And Acquisitions In The Yacht Market
29. Yacht Market Future Outlook And Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the yacht market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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