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Recreational Boat Market Overview by Rising Demands and Scope 2021 to 2031 - Azimut Benetti Group (Italy), Brunswick Corporation (US), Groupe Beneteau (France), Hobie Cat Company (US)
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Recreational boat means any vessel manufactured or used primarily for non-commercial use or leased, rented, or chartered to another for non-commercial use.
Key Trends and Drivers
In the past decade, the recreational boat market has seen several key trends emerge. One of the most notable has been the move towards more fuel-efficient vessels. This has been driven in part by advances in technology, but also by consumer demand for boats that are more environmentally friendly.
Another key trend has been the growth of the used boat market. This is due in part to the recession, which has made new boats unaffordable for many people. However, it is also due to the fact that there are now a wide variety of high-quality used boats available.
Finally, another trend that has emerged in the recreational boat market is the rise of specialty boats. This includes everything from pontoon boats to wakeboarding boats. This is due to the fact that people are increasingly looking for boats that meet their specific needs and interests.
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Recreational Boat Market Report Coverage
The report offers a comprehensive quantitative as well as qualitative analysis of the current Recreational Boat Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
The report also covers qualitative as well as quantitative analysis of Recreational Boat Market in terms of revenue ($Million).
Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Recreational Boat Industry.
A thorough analysis of market trends and restraints is provided.
By region as well as country market analysis is also presented in this report.
Analytical depiction of the Recreational Boat Market along with the current trends and future estimations to depict imminent investment pockets. The overall Recreational Boat industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
Porter's five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Recreational Boat Market are also analyzed.
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Market Segments
The Recreational Boat Market has been segmented into Power, Activity Type, and Region. Based on the Power, the Recreational Boat Market is segmented into Engine Powered, Man Powered, and Sail Propelled. On the basis of Activity Type, the market is bifurcated into Watersports & Cruising and Fishing. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
Some major key players of Recreational Boat Market are Azimut Benetti Group (Italy), Brunswick Corporation (US), Groupe Beneteau (France), Hobie Cat Company (US), Marine Products Corporation (US), Mastercraft Boat Holdings (US), Polaris Inc (US), Sunseeker International Limited (UK), White River Marine Group (US), and Yamaha Motor Co. Ltd. (Japan).
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Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2025-2030.
According to Arizton latest research report, the global recreational boats market [https://www.arizton.com/market-reports/recreational-boat-market] is growing at a CAGR of 6.71% during 2024-2030.
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MARKET SIZE-VOLUME (2030): 820.6 Thousand Units
HISTORIC YEAR: 2021-2023
BASE YEAR: 2024
FORECAST YEAR: 2025-2030
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