Market Overview:
The global boat rental market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for leisure and tourism activities, rising disposable income, and growing popularity of boat rentals among millennials. Based on type, the global boat rental market is segmented into speedboats, cruise ships, and other boats. Speedboats are expected to account for the largest share of the global boat rental market in terms of revenue in 2018. This can be attributed to their high demand for personal use as well as business group use across different regions worldwide. Cruise ships are also witnessing a high demand due to their luxurious features and amenities that offer an exclusive experience for passengers travelling on them. Other boats include yachts, fishing boats, houseboats etc., which are used mainly for recreational purposes such as fishing or sightseeing tours. Based on application, the global boat rental market is segmented into personal use and business group use segments respectively. Personal use accounted for majority share of revenue generated by the global Boat Rental Market in 2017 owing to increased spending by consumers on leisure activities across different geographies worldwide . Business group usage is also gaining traction due its benefits such as cost-effective transportation options between two points with short distances between them or transporting large groups at once without any hassles .
Product Definition:
A boat rental is the leasing or renting of boats, for either recreational purposes or for use in a business. Boat rentals can be a great way to enjoy some time on the water without having to buy your own boat. They can also be a great way to make some extra money by renting out your boat when you're not using it.
Speedboat:
The global speedboat, also known as a powerboat or motor boat, is a type of vessel that is propelled by more than one engine. The use of the term “speed” in the name does not necessarily mean that it has to be used for racing purposes only. In fact, most powerboats are used for both racing and cruising purposes owing to their high-performance capabilities.
Cruise Ship:
cruise ship is a passenger vessel that is used for transportation of tourists from one destination to another. It serves food and drinks, has entertainment systems, and can sleep as many people as needed. Cruise ships are usually long (20-4o meters), narrow (2-3o meters), and have a maximum capacity of 1000 passengers. They are propelled by two or more engines with the help of diesel or gas turbine in case of large size vessels.
Application Insights:
The business group application segment accounted for the largest revenue share of over 60% in 2017. The demand for boats is generally higher in summer than winter. In countries with a tropical climate, such as Thailand and Malaysia, the rental of boats is observed to be highest from March to May. Personal use accounts for a major part of the total boat rental market and has been growing at an exponential rate since 2015 due to increasing disposable income levels among consumers across various regions including North America & Europe.
Rising spending on recreational activities by individuals across all age groups has been fueling the demand for leisurely cruises along with trips on watery preserves offering unrivalled scenic beauty and adventure opportunities throughout various parts of Asia Pacific region coupled with European countries including Croatia, Italy, France Portugal Spain etc., Latin America Argentina Brazil Chile etc., Africa Seychelles Tanzania South Africa etc.
Regional Analysis:
Asia Pacific dominated the global boat rental market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing disposable income, growing popularity of water sports and fishing, and rapid development in coastal areas across countries such as China, Thailand, Vietnam, Philippines etc.
The Indian market is expected to witness significant growth over the forecast period owing to increasing awareness among people for adventure sports activities such as white-water rafting.
Growth Factors:
- Increasing demand for leisure and recreational activities
- Rising disposable income of the population
- Proliferation of water sports and adventure tourism
- Development of new boat rental hubs and marinas
- Growing popularity of online booking platforms
Scope Of The Report
Report Attributes
Report Details
Report Title
Boat Rental Market Research Report
By Type
Speedboat, Cruise Ship, Other
By Application
Personal, Business Group
By Companies
Boatsetter, Nautal, Sailo Inc., Zizooboats GmbH, GETMYBOAT INC., West Coast Marine, Le Boat, Incrediblue, Boatjump, S.L., Odyssey Boats, GLOBE SAILOR, THE MOORINGS, Blue Boat Yacht Entertainment Company, BLUE BAY MARINE, Yachtico Inc., Navigare Yachting, Products Corporation.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Boat Rental Market Report Segments:
The global Boat Rental market is segmented on the basis of:
Types
Speedboat, Cruise Ship, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal, Business Group
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Boatsetter
- Nautal
- Sailo Inc.
- Zizooboats GmbH
- GETMYBOAT INC.
- West Coast Marine
- Le Boat
- Incrediblue
- Boatjump, S.L.
- Odyssey Boats
- GLOBE SAILOR
- THE MOORINGS
- Blue Boat Yacht Entertainment Company
- BLUE BAY MARINE
- Yachtico Inc.
- Navigare Yachting
- Products Corporation.
Highlights of The Boat Rental Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Speedboat
- Cruise Ship
- Other
- By Application:
- Personal
- Business Group
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Boat Rental Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Boat rental is the process of renting a boat from a company. Boats can be rented for a variety of purposes, such as fishing, sailing, or pleasure cruising.
Some of the key players operating in the boat rental market are Boatsetter, Nautal, Sailo Inc., Zizooboats GmbH, GETMYBOAT INC., West Coast Marine, Le Boat, Incrediblue, Boatjump, S.L., Odyssey Boats, GLOBE SAILOR, THE MOORINGS, Blue Boat Yacht Entertainment Company, BLUE BAY MARINE, Yachtico Inc., Navigare Yachting, Products Corporation..
The boat rental market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Boat Rental Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Boat Rental Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Boat Rental Market - Supply Chain
4.5. Global Boat Rental Market Forecast
4.5.1. Boat Rental Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Boat Rental Market Size (000 Units) and Y-o-Y Growth
4.5.3. Boat Rental Market Absolute $ Opportunity
5. Global Boat Rental Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Boat Rental Market Size and Volume Forecast by Type
5.3.1. Speedboat
5.3.2. Cruise Ship
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Boat Rental Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Boat Rental Market Size and Volume Forecast by Application
6.3.1. Personal
6.3.2. Business Group
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Boat Rental Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Boat Rental Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Boat Rental Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Boat Rental Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Boat Rental Demand Share Forecast, 2019-2026
9. North America Boat Rental Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Boat Rental Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Boat Rental Market Size and Volume Forecast by Application
9.4.1. Personal
9.4.2. Business Group
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Boat Rental Market Size and Volume Forecast by Type
9.7.1. Speedboat
9.7.2. Cruise Ship
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Boat Rental Demand Share Forecast, 2019-2026
10. Latin America Boat Rental Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Boat Rental Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Boat Rental Market Size and Volume Forecast by Application
10.4.1. Personal
10.4.2. Business Group
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Boat Rental Market Size and Volume Forecast by Type
10.7.1. Speedboat
10.7.2. Cruise Ship
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Boat Rental Demand Share Forecast, 2019-2026
11. Europe Boat Rental Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Boat Rental Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Boat Rental Market Size and Volume Forecast by Application
11.4.1. Personal
11.4.2. Business Group
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Boat Rental Market Size and Volume Forecast by Type
11.7.1. Speedboat
11.7.2. Cruise Ship
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Boat Rental Demand Share, 2019-2026
12. Asia Pacific Boat Rental Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Boat Rental Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Boat Rental Market Size and Volume Forecast by Application
12.4.1. Personal
12.4.2. Business Group
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Boat Rental Market Size and Volume Forecast by Type
12.7.1. Speedboat
12.7.2. Cruise Ship
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Boat Rental Demand Share, 2019-2026
13. Middle East & Africa Boat Rental Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Boat Rental Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Boat Rental Market Size and Volume Forecast by Application
13.4.1. Personal
13.4.2. Business Group
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Boat Rental Market Size and Volume Forecast by Type
13.7.1. Speedboat
13.7.2. Cruise Ship
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Boat Rental Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Boat Rental Market: Market Share Analysis
14.2. Boat Rental Distributors and Customers
14.3. Boat Rental Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Boatsetter
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nautal
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sailo Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zizooboats GmbH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GETMYBOAT INC.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. West Coast Marine
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Le Boat
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Incrediblue
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Boatjump, S.L.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Odyssey Boats
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. GLOBE SAILOR
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. THE MOORINGS
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Blue Boat Yacht Entertainment Company
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. BLUE BAY MARINE
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Yachtico Inc.
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Navigare Yachting
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Products Corporation.
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
