Press release
Booming Boating Industry Ignites Market Expansion: Key Driver Transforming The Pleasure Marinas Market In 2025
Boating Industry Ignites Market
The global pleasure marinas market reached a value of nearly $10.674 billion in 2024, having grown at a compound annual growth rate (CAGR) of 3.28% since 2019. The market is expected to grow from $10.674 billion in 2024 to $14.035 billion in 2029 at a rate of 5.35%. The market is then expected to grow at a CAGR of 5.35% from 2029 and reach $18.215 billion in 2034.
What strategies are being adopted by key players in the pleasure marinas market?
The key players in the market are adopting extensive strategies in the pleasure marinas market such as:
• Orphan Drug Status: OCA + bezafibrate combo designated for PBC treatment.
• Better Diagnosis: Advanced ELISA serum tests enhance PBC detection.
• Improved Care: Supports early intervention and effective management.
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To take advantage of opportunities, The Business Research Company suggests that pleasure marinas companies enhance offerings:
• Superyacht Services Expansion: Growing offerings in a key Mediterranean port.
• Optimized Marina Design: Enhancing comfort and convenience for superyachts.
• Infrastructure Growth: Strategic investments to expand marina facilities.
• Partnership-Driven Expansion: Collaborating to broaden service offerings.
• Advanced Marina App: Streamlining reservations and enhancing customer experience.
What Is Pleasure Marinas: Market Overview?
Pleasure marinas are specialized docking facilities designed to accommodate recreational boats and yachts, providing mooring spaces and various amenities for boat owners, crew and visitors. These marinas serve as essential hubs for leisure boating, offering a range of services such as refueling, maintenance, repair, storage and access to waterfront lifestyle facilities.
Pleasure marinas are utilized year-round, though their peak usage typically coincides with favorable boating seasons, which vary by region. In warm coastal areas, marinas experience high activity throughout the year, while in seasonal locations, usage intensifies during spring and summer. These marinas function as key nodes in the broader yachting and tourism industry, complementing services such as yacht clubs, marine travel agencies, boat dealerships and waterfront resorts. Alternative docking solutions, including private docks, dry storage facilities and anchorage areas, serve as substitutes, though they often lack the comprehensive services provided by marinas.
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Who Are The Major Companies Operating In The Global Pleasure Marinas Market?
The top 10 competitors in the market made up 1.17% of the total market in 2023. Suntex Marinas LLC was the largest competitor with a 0.33% share of the market, followed by:
• Bellingham Marine Co.
• Safe Harbor Marinas LLC
• Premier Marinas Ltd.
• Marina Developments Limited (MDL Marinas)
• Ferretti Group
• Dockwa Inc.
• Navily
• SF Marina Systems AB
• D Pleasure Point Marina
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