United States Recreational Boats Industry Sector to hit US$24,038.45 million by 2032 | Most Leading Companies are Malibu Boats Inc, Bryton Marine Group, Ferretti S.P.A, Mastercraft Boat Holdings, Inc, Nautique Boats

recreational boats market reached US$14,285.71 million in 2024 and is expected to reach US$24,038.45 million by 2032, growing at a CAGR of 6.8% during the forecast period 2025-2032.

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United States: Recent Industry Developments

✅ November 2025: Brunswick Corporation introduced next-gen electric recreational boats featuring AI-based navigation and energy-efficient propulsion.

✅ October 2025: Malibu Boats expanded production for wake-sport boats, driven by increasing demand across U.S. recreational boating clubs.

✅ September 2025: The U.S. Coast Guard reported a rise in registrations of luxury personal watercraft, boosting demand for smart boating accessories.

GCC: Recent Industry Developments

✅ November 2025: Gulf Craft launched premium recreational yachts with hybrid propulsion systems tailored for warm-water marine conditions.

✅ October 2025: Qatar expanded marina infrastructure under tourism diversification initiatives, boosting regional recreational boating activities.

✅ September 2025: Dubai hosted large-scale boat shows promoting luxury yachts and leisure boats, strengthening local dealership networks.

MENA: Recent Industry Developments

✅ November 2025: Egypt initiated coastal marina development projects along the Red Sea to support recreational boating and water sport tourism.

✅ October 2025: Turkey's marine sector recorded higher exports of mid-size pleasure boats to European and Middle Eastern markets.

✅ September 2025: Growing adoption of rental-based boating services across North African destinations stimulated market expansion.

Key Players:

Brunswick Corporation, Yamaha Motor Co Ltd, Groupe Beneteau, Malibu Boats Inc, Bryton Marine Group, Ferretti S.P.A, Mastercraft Boat Holdings, Inc, Nautique Boats, Regal Marine Industries, Inc., Marine Products Corporation.

Key industry Development:

In January 2025, Brunswick Corporation will showcase its extensive, industry-leading technology lineup and officially launch its new "Boating Intelligence" initiative at the Consumer Electronics Show (CES) in Las Vegas. Designed to strengthen the company's ACES strategy, Boating Intelligence integrates advanced AI-driven features to make boating safer, smarter, more intuitive, and more sustainable for users.

In February 2025, Lund Boats - a prominent manufacturer of aluminum and fiberglass fishing boats - announced an exclusive brand partnership with Indianapolis Colts wide receiver Michael Pittman Jr. This collaboration reinforces Lund Boats' commitment to inspiring an active, adventurous on-water lifestyle and expanding its reach among outdoor and sports enthusiasts.

Growth Forecast Projection:

The Global Recreational Boats Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Recreational Boats Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segmentation:

By Type: (Yachts, Sailboats, Personal Watercraft Boats and Others)

By Activity: (Watersports and Cruising, Fishing and Others)

By Boat Size: (Small Boats (50 Feet))

By Material: (Aluminum, Steel, Fiberglass and Others)

By Engine: (Outboards, Inboards and Others),

Regional Analysis for Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Recreational Boats producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Recreational Boats revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ's

Q1: How fast Recreational Boats Market Growing?

A: The Recreational Boats Market stood at US$14,285.71 million in 2024 and is set to experience remarkable growth, reaching US$24,038.45 million by 2032

Q2: How fast is the Recreational Boats Market growing?

A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 6.8% from 2025 to 2032

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