Small Boats Global Market Report 2025: Striking Growth and Surging Demand

With increasing economic stability and disposable income, the global small boats market is poised for spectacular growth. This report offers the up-to-date industry data and future trends enabling you to grasp the upcoming growth opportunities.

What Is The Projected Market Size Of The Global Small Boats Market And Its Growth Rate?

According to market insights:
- The small boats market was worth $39.02 billion in 2024.
- By 2025, this is set to grow to $43.52 billion, showing a compound annual growth rate (CAGR) of 11.5%.
- Growth factors include economic stability, disposable income and positive tourism and leisure trends.
- Furthermore, it is predicted that by 2029 the market will reach a worth of $72.16 billion, demonstrating a CAGR of 13.5%.
- Key growth drivers during this forecast period include factors such as environmental awareness and a recreational boating culture.

What Is Driving The Growth In The Small Boats Global Market Report 2025?

The evident rapid growth in fishing activities is powering forward the growth of the small boats market. More people are taking to the water for leisure and commercial purposes, with small boats proving ideal for fishing in shallow waters. They are also more affordable and easier to operate and maintain than larger vessels. For instance, according to European Fishmeal and Fish Oil Producers, the fisheries and aquaculture sector is expected to expand significantly. This alignment of industry and leisure developments with small boats capabilities is greatly contributing to market growth.

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Who Are the Key Players Driving Small Boats Market Growth?

The small boats market is being energized by key players including:
- AB Volvo Penta
- Polaris Industries Inc
- Bombardier Recreational Products Inc
- Brunswick Corporation
- Beneteau Group SA
- Malibu Boats Inc.
- Ferretti Group S.p.A.
- Sea Ray Boats Inc.
- MasterCraft Boat Company LLC
- Azimut Benetti S.p.A.
- Marine Products Corporation
- Boston Whaler Inc.
- Sunseeker International Holdings Limited
- S2 Yachts Inc.
- Formula Boats Inc.
- Pursuit Boats LLC
- Grady-White Boats Inc.
- Cobalt Boats LLC
- Everglades Boats LLC
- Seabring Marine Industries Inc.
- Sea Fox Boat Company
- Four Winns Boats LLC
- Stingray Boats Inc.
- Bavaria Yachtbau GmbH
- Correct Craft Inc.
- Crestliner Marine Holdings Inc.
- WeLLCraft Marine Inc.
- Carver Yachts LLC

What Are The Key Trends In The Small Boats Market?

Observations indicate that the following trends will influence the small boats market:
- Digital transformation and connectivity
- Technological advancements
- Government regulations and safety standards
- Online sales and direct-to-consumer models
- Electric propulsion systems

What Are The Segments Of The Global Small Boats Market?

The market is divided into segments such as:
- Product Type: Powered Boat, Sail Boat, Personal Watercraft, Other Products
- Material: Fiberglass, Metal, Wood, Inflatable, Other Materials
- Application: Pleasure, Fishing, Defense, Other Applications

Which Region Leads The Small Boats Market?

In 2024, Asia-Pacific was the largest region in the small boats market. The report covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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What Is Covered In The Small Boats Global Market Report?

- Market Size Analysis: Analyze the Small Boats Market size by key regions, countries, product types, and applications.

- Market Segmentation Analysis: Identify various subsegments within the Small Boats 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 Small Boats Market growth.

- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.

- Industry Challenges: Analyze challenges and risks affecting the Small Boats Market.

- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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