Press release
Leisure Boat Market Is Likely To See Massive Surge In Growth And Demand In The Forecast Period 2023-2032
Leisure Boat Market
Leisure Boat Market Size, Growth Rate, And Forecast
The global leisure boat market size grew from $41.07 billion in 2022 to $44 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The leisure boat market size is expected to grow to $56.34 billion in 2027 at a CAGR of 6.4%.
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Leisure Boat Market Drivers
The growing tourism is expected to propel the growth of the leisure boat market. The rapid growth in tourism over the past decade is due to increased disposable income, access to various locations, the urge to explore, and others. Leisure boat aids the tourism industry by carrying passengers to their desired travel destination and providing a luxurious experience to the tourists.
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Leisure Boat Market Segments
• By Boat Type: Yachts, Sailboats, Personal Watercrafts, Inflatables, Other Types
• By Power Source: Engine Powered, Sail Powered, Human Powered
• By Material Type: Aluminum, Fiberglass, Steel, Other Materials
• By Application: Fishing, Transportation, Sports, Travel and Tourism, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the leisure boat market.
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Leisure boat Market Key Players
Major competitors in the leisure boat market include Azimut Benetti Group, Baja Marine, Bavaria Yachtbau GmbH, Brunswick Corporation, Ferretti S.P.A., Fountain Powerboats, Inc., Catalina Yachts, Avon Marina, Chaparral Boats, Inc., Farr Yacht Design, Ltd., Groupe Beneteau, Malibu Boats, Polaris Inc., MasterCraft Boat Company, AB Volvo, and Marine Product Corporation.
The Business Research Company's "Global Leisure Boat Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Leisure Boat Market Include:
1. Executive Summary
2. Leisure Boat Market Characteristics
3. Leisure Boat Market Trends And Strategies
4. Leisure Boat Market - Macro Economic Scenario
5. Leisure Boat Market Size And Growth
……
26. Africa Leisure Boat Market
27. Leisure Boat Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Leisure Boat Market
29. Leisure Boat Market Future Outlook And Potential Analysis
30. Appendix
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