Personal Watercraft Research:CAGR of 4.9% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Personal Watercraft- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Personal Watercraft was estimated to be worth US$ 1718 million in 2024 and is forecast to a readjusted size of US$ 2420 million by 2031 with a CAGR of 4.9% during the forecast period 2025-2031.

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Personal Watercraft Market Summary

A personal watercraft (PWC), also called water scooter, and comically a boatercycle, is a recreational watercraft that the rider sits or stands on, rather than inside of, as in a boat. The Personal Watercraft market covers Below 800 CC, 800 CC-1000CC, 1000CC-1500CC, More than 1500CC, etc. The typical players include BRP, Yamaha Motor, Kawasaki, Belassi, KRASH Industries, Sanjiang, HISON, etc.

According to the new market research report "Global Personal Watercraft Market Report 2025-2031", published by QYResearch, the global Personal Watercraft market size is projected to reach USD 2.43 billion by 2031, at a CAGR of 4.9% during the forecast period.

Figure00001. Global Personal Watercraft Market Size (US$ Million), 2020-2031

Above data is based on report from QYResearch: Global Personal Watercraft Market Report 2025-2031 (published in 2025). If you need the latest data, plaese contact QYResearch.

Figure00002. Global Personal Watercraft Top 7 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Personal Watercraft

Above data is based on report from QYResearch: Global Personal Watercraft Market Report 2025-2031 (published in 2025). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Personal Watercraft include Yamaha Motor, BRP, etc. In 2024, the global top three players had a share approximately 94.0% in terms of revenue.

Figure00003. Personal Watercraft, Global Market Size, Split by Product Segment

Personal Watercraft

Based on or includes research from QYResearch: Global Personal Watercraft Market Report 2025-2031.

In terms of product type, currently 1000CC-1500CC is the largest segment, hold a share of 64.9%.

In terms of product application, currently Commercial Use is the largest segment, hold a share of 45.8%.

Market Driving Factors

Firstly, the increasing popularity of water-based recreational activities and the growing demand for leisure activities are key drivers of the PWC market. As living standards improve, more people are seeking outdoor water adventures, and personal watercrafts are an attractive option for enthusiasts. The ease of use and thrilling experience associated with PWCs make them a popular choice for younger consumers and families.

The rapid economic growth in Asia-Pacific, particularly in China and India, provides a strong growth momentum for the PWC market. As tourism flourishes, more tourists are opting for water-based activities, increasing the demand for personal watercraft. Coastal cities and tourist destinations are seeing rapid growth in commercial rental markets, further boosting PWC demand.

Advancements in PWC manufacturing technology, including better engine efficiency, fuel economy, and overall performance, are driving the market. Modern PWCs offer enhanced comfort, safety features, and increased reliability, contributing to a better user experience.

Market Restraints

Despite the promising growth, the PWC market faces several challenges. High purchase costs and operating expenses remain a barrier to entry for many potential customers. While PWCs are more affordable than traditional boats, higher-end models and large engine displacement watercrafts are expensive, making them inaccessible to some consumers.

The market is becoming increasingly competitive. More brands and manufacturers, including new entrants and local players, are entering the market, intensifying competition. This results in price and quality differences that can influence consumer decisions.

Seasonal factors and weather conditions also affect the PWC market. In colder regions, PWC sales are concentrated during the warmer months, causing seasonal fluctuations in demand. Additionally, adverse weather conditions can limit the use of personal watercraft, impacting market growth potential.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Personal Watercraft market is segmented as below:
By Company
BRP
Yamaha Motor
Kawasaki
KRASH Industries
Belassi
Sanjiang
HISON

Segment by Type
Below 800 CC
800 CC-1000CC
1000CC-1500CC
More than 1500CC

Segment by Application
Home/Individual Use
Commercial Use
Others

Each chapter of the report provides detailed information for readers to further understand the Personal Watercraft market:

Chapter 1: Introduces the report scope of the Personal Watercraft report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Personal Watercraft manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Personal Watercraft market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Personal Watercraft in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Personal Watercraft in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Personal Watercraft competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Personal Watercraft comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Personal Watercraft market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

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