Press release
Boat Rental Market: CAGR, Growth Drivers, and Trends (2024-2029)
Boat Rental Market Size
What Is The Projected Market Size Of The Global Boat Rental Market And Its Growth Rate?
The Boat Rental market witnessed strong growth in the past and continues to trend positively. Here are the anticipated progress markers:
- Market size in 2024 will be approximately $18.6 billion.
- In 2025, the market size will grow to nearly $19.77 billion with a CAGR of 6.3%.
- EPredicted market size in 2029 is $26.11 billion growing at a CAGR of 7.2%.
This growth can be attributed to factors like emerging leisure and tourism trends, shifting consumer preferences, a rise in water-related activities, and innovative boat rental models.
What Is Driving The Growth In The Boat Rental Market?
The surge in the global boat rental market is primarily fueled by the expansion of marine tourism which includes activities associated with travel to coastal environments. These predominantly involve business or pleasure trips on boats, cruises, and yachts. For example, the Boating Industry Association of Australia reported a national turnover of $9.64 billion for the Australian boating industry in 2022-23. This data underscores the substantial economic impact of the boating sector and the safety concerns accompanying water activities, thus propelling the growth of the boat rental market.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9524&type=smp
Who Are the Key Players Driving Boat Rental Market Growth?
Several companies are significantly contributing to the boat rental market. These include:
- GetMyBoat Inc.
- Brunswick Corporation
- BRP Inc.
- Beneteau Group
- Blue Bay Marine
- Boatjump S.L.
- Boatsetter
- Click&Boat
- GlobeSailor
- Dream Yacht Charter
- MarineMax
- Freedom Boat Club
- European Boating Holidays
What Are The Key Trends In The Boat Rental Market?
Key trends contributing to the boat rental market growth include:
- Adoption of virtual and augmented reality for boat previews
- Implementation of contactless check-in and check-out procedures
- Collaboration with tourism and hospitality partners
- Development of AI-powered boat recommendations
- Focus on safety and educational training for renters
What Are The Segments Of The Global Boat Rental Market?
The global boat rental market is categorized by:
- Boat Type: Inboard Boats, Outboard Boats, Sail Boats, Other Boats
- Boat Size: Less Than 30 feet, Between 30 And 79 feet, Greater Than 79 feet
- Power: Engine Powered, Man Powered, Sail Propelled
- Activity: Sailing And leisure, Fishing, Other Activities
Which Region Leads The Boat Rental Market?
Europe was the largest region in the boat rental market in 2024. North America is expected to witness the fastest growth during the forecast period. The report covers other regions including Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/boat-rental-global-market-report
What Is Covered In The Boat Rental Market Global Market Report?
- Market Size Analysis: Analyze the Boat Rental Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Boat Rental Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Boat Rental Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Boat Rental Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report
https://www.thebusinessresearchcompany.com/customise?id=9524&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Boat Rental Market: CAGR, Growth Drivers, and Trends (2024-2029) here
News-ID: 3841063 • Views: …
More Releases from The Business Research Company
Emerging Sub-Segments Transforming the More Electric Aircraft Market Landscape
The aviation industry is rapidly evolving with a strong focus on electric propulsion technologies, promising to transform how aircraft operate in the near future. The shift toward more electric aircraft is driven by innovations that enhance efficiency, reduce emissions, and meet growing sustainability demands. Let's explore the current market valuation, key players, prevailing trends, and major segments shaping this emerging sector.
Anticipated Valuation and Growth Trajectory of the More Electric Aircraft…
Emerging Growth Patterns Driving Expansion in the Missile Defense System Market
The missile defense system market is set to undergo significant expansion over the coming years due to evolving global security needs and technological advancements. As countries prioritize national defense, developments in missile interception and detection are becoming crucial. Let's explore how this market is expected to grow, the main players involved, and the key trends shaping its future.
Expected Growth Trajectory of the Missile Defense System Market
The missile defense system…
In-depth Examination of Segments, Industry Developments, and Key Players in the …
The military vehicle simulations market is poised for significant expansion in the coming years, driven by rapid technological advancements and evolving defense training needs. As militaries worldwide emphasize enhanced preparedness and cost-effective training solutions, simulation technologies are becoming indispensable. Let's explore the current market size, key drivers, top players, emerging trends, and the main segments shaping this sector.
Military Vehicle Simulations Market Size and Growth Outlook
The military vehicle simulations market…
Detailed Analysis of Key Market Segments Influencing the Space Propulsion System …
The space propulsion systems market is on the verge of significant expansion, driven by technological advancements and increasing activity in space exploration. As private companies and government agencies push the boundaries of space travel, propulsion technologies are evolving rapidly to meet these new demands. Let's explore the current market value projections, key players, emerging trends, and the main segments shaping this dynamic industry.
Projected Market Value and Growth of Space Propulsion…
More Releases for Boat
Unmatched Boat Rentals by Boat Life Tampa Charters for Tampa's 4th of July Boat …
Boat Life Tampa Charters announces exclusive offerings for the Tampa 4th of July boat parade, offering rental boats and certified captains for a stress-free and safe celebration. Participants can enjoy the parade and Tampa Bay's stunning views while leaving navigation and logistics to the experts. With a focus on safety and fun, the company ensures an unforgettable Independence Day experience on the water.
Tampa, FL - June 27, 2025 - Boat…
Emerging Trends Influencing The Growth Of The Boat Trailer Market: Innovative Bo …
The Boat Trailer Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
How Big Is the Boat Trailer Market Size Expected to Be by 2034?
The boat trailer market has seen strong growth in recent years. It will increase from $0.92 billion in 2024 to $0.98 billion…
Discover Melbourne's Premier Boat Hire Experience with Boat 4 Hire Melbourne
Boat4Hire offers a comprehensive range of boat hire options Suited to suit any occasion. From self-drive boats requiring no license to luxury yacht charters for special events, the company ensures every customer enjoys a safe and memorable experience on Melbourne's waterways. With competitive pricing, flexible rental durations, and exceptional service, Boat4Hire is redefining leisure activities in Victoria.
Melbourne, VIC - April 8, 2025 - Boat 4 Hire Melbourne Self-Drive Boats &…
Buy boat, Built boat - Argonaut Boats: New US Manufacturer
Argonaut Boats Company is delighted to present you new US Boats. Established in 2022, Company's goal is to bring clients the latest and most advanced outboard engine boats at a competitive price.
Argonaut team understands the growing demand for quality boats that cater to individual needs, whether for recreational or commercial purposes. Argonaut Boats take pride in its commitment to quality, customer satisfaction, and professionalism. Team of experts have established strong…
Boat Lettering Outlet: Custom Boat Lettering
Image: https://www.getnews.info/wp-content/uploads/2024/05/1714745351.jpeg
Boat Lettering Outlet has been serving boaters for over 40 years as a family business, whether custom boat lettering, boat graphics or boat registration numbers. They are always willing to help with any questions clients may have about boat lettering and boat lettering graphics needs. Boat Lettering Outlet can install signs for clients in West Michigan and South Florida during the season. They only use the best products made…
WOMAN BOAT CAPTAIN ROCKS LOCAL CHARTER TOUR BOAT SCENE
Hop Aboard Captain Jen Terfehr's dynamic venture:
Cruise Cocoa, your ultimate destination for thrilling boat tours along Florida's mesmerizing Space Coast! Embark on exhilarating adventures with
Captain Jen as she takes you on unforgettable journeys teeming with dolphins, manatees, birds, stunning sunsets, and mesmerizing bioluminescence displays.
At Cruise Cocoa, we pride ourselves on delivering top-notch experiences tailored to both locals and tourists alike. Our tours depart from two convenient locations: Merritt…
