Market Overview:
The global aluminum leisure boat market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for luxury boats, rising disposable income, and growing tourism industry. In terms of type, the below 14’’ segment is expected to account for a major share of the global aluminum leisure boat market during the forecast period. This can be attributed to their low cost and easy maneuverability.
Product Definition:
A leisure boat is a type of watercraft that is typically smaller and lighter than a typical fishing or recreational boat, and is often used for personal transportation. Aluminum leisure boats are popular among boaters because they are durable, affordable, and easy to maintain.
Below 14’’:
Below 14' is a new segment in the aluminum leisure boat market. It was created by combining aspects of both the hull and powerboat segments to create boats that are capable of being used for family cruising as well as fishing trips. The result is an efficient, economical, and safe vessel that can be operated by a single person without compromising on speed or performance.
14-20’’:
14-20’’ is a standard specification for aluminum boats. It means the length of the boat in feet and inches, without bathroom or kitchen cabinets. For example, a 14-20 foot boat has about 7.5 to 8 meters (24 -26 ft.) in length without bathroom or kitchen cabinets.
The market size for these types of boats is growing at an average rate.
Application Insights:
The commercial use segment dominated the global aluminum leisure boat market in 2017, accounting for over 60% of the overall revenue. The segment is projected to witness significant growth over the forecast period owing to increasing demand from tourism and recreational activities. Increasing number of water sports events such as surfing, wakeboarding, tubing and skim boarding is expected to drive product demand in this application segment.
The private use category was valued at USD 446.5 million in 2017 owing to growing utilization of these products for day-to-day activities such as fishing and swimming by individuals across various regions including North America and Europe. Rising disposable income coupled with changing lifestyle has led people towards purchasing these products for their homesports or personal yacht clubs thereby fueling industry expansion over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, with a few fluctuations due to the new product launches and changes in lifestyle. The U.S., which forms the core of North American market, is one of the most urbanized countries having 97% population living within proximity to cities with a total population exceeding 300 million as per World Bank estimates for 2018. This factor has encouraged people to opt for aluminum boats instead of fiberglass ones owing to lesser maintenance cost and enhanced seaworthiness characteristics over time as compared to composites materials used on board recreational vessels prior to 2014-2015 boating season when COVID-19 outbreak occurred across North America resulting in huge economic losses along with human lives lost at sea; hence prompting manufacturers across all categories including commercial use, below 14’’ feet and above 14’ feet waterline length) based out of U.S.
Growth Factors:
- Increasing demand for leisure boats from the emerging economies of Asia Pacific and Latin America is expected to drive the growth of the aluminum leisure boat market during the forecast period.
- The increasing popularity of water sports and recreational activities is also anticipated to boost demand for aluminum leisure boats in the coming years.
- The growing awareness about environmental benefits offered by aluminum leisure boats is projected to fuel their demand in the near future.
- Rising disposable income levels of consumers coupled with improving economic conditions are expected to propel sales of aluminum leisure boats across different regions during the forecast period. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Leisure Boat Market Research Report
By Type
Below 14’’, 14-20’’, Above 20’’
By Application
Private Use, Commercial Use
By Companies
Buster Boats, Brunswick Corporation, Alumacraft, White River Marine Group, Smoker Craft, Linder AB, Terhitec Oy, GeMi Boats, Seastrike Boats, Ockelbo Boat, Smartliner Boat, ALIBOATS, Marine sro, Qingdao Allheart
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Leisure Boat Market Report Segments:
The global Aluminum Leisure Boat market is segmented on the basis of:
Types
Below 14’’, 14-20’’, Above 20’’
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
Private Use, Commercial Use
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:
- Buster Boats
- Brunswick Corporation
- Alumacraft
- White River Marine Group
- Smoker Craft
- Linder AB
- Terhitec Oy
- GeMi Boats
- Seastrike Boats
- Ockelbo Boat
- Smartliner Boat
- ALIBOATS
- Marine sro
- Qingdao Allheart
Highlights of The Aluminum Leisure Boat 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:
- Below 14’’
- 14-20’’
- Above 20’’
- By Application:
- Private Use
- Commercial Use
- 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 Aluminum Leisure Boat 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- 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?
Aluminum leisure boat is a type of recreational vessel made from aluminum. They are typically used for fishing, sailing, and other water sports.
Some of the key players operating in the aluminum leisure boat market are Buster Boats, Brunswick Corporation, Alumacraft, White River Marine Group, Smoker Craft, Linder AB, Terhitec Oy, GeMi Boats, Seastrike Boats, Ockelbo Boat, Smartliner Boat, ALIBOATS, Marine sro, Qingdao Allheart.
The aluminum leisure boat market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminum Leisure Boat Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aluminum Leisure Boat Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminum Leisure Boat Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aluminum Leisure Boat Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aluminum Leisure Boat Market Size & Forecast, 2018-2028
4.5.1 Aluminum Leisure Boat Market Size and Y-o-Y Growth
4.5.2 Aluminum Leisure Boat Market Absolute $ Opportunity
Chapter 5 Global Aluminum Leisure Boat Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aluminum Leisure Boat Market Size Forecast by Type
5.2.1 Below 14’’
5.2.2 14-20’’
5.2.3 Above 20’’
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aluminum Leisure Boat Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aluminum Leisure Boat Market Size Forecast by Applications
6.2.1 Private Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminum Leisure Boat Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aluminum Leisure Boat Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aluminum Leisure Boat Analysis and Forecast
9.1 Introduction
9.2 North America Aluminum Leisure Boat Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aluminum Leisure Boat Market Size Forecast by Type
9.6.1 Below 14’’
9.6.2 14-20’’
9.6.3 Above 20’’
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aluminum Leisure Boat Market Size Forecast by Applications
9.10.1 Private Use
9.10.2 Commercial Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aluminum Leisure Boat Analysis and Forecast
10.1 Introduction
10.2 Europe Aluminum Leisure Boat Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aluminum Leisure Boat Market Size Forecast by Type
10.6.1 Below 14’’
10.6.2 14-20’’
10.6.3 Above 20’’
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aluminum Leisure Boat Market Size Forecast by Applications
10.10.1 Private Use
10.10.2 Commercial Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aluminum Leisure Boat Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aluminum Leisure Boat Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aluminum Leisure Boat Market Size Forecast by Type
11.6.1 Below 14’’
11.6.2 14-20’’
11.6.3 Above 20’’
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aluminum Leisure Boat Market Size Forecast by Applications
11.10.1 Private Use
11.10.2 Commercial Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aluminum Leisure Boat Analysis and Forecast
12.1 Introduction
12.2 Latin America Aluminum Leisure Boat Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aluminum Leisure Boat Market Size Forecast by Type
12.6.1 Below 14’’
12.6.2 14-20’’
12.6.3 Above 20’’
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aluminum Leisure Boat Market Size Forecast by Applications
12.10.1 Private Use
12.10.2 Commercial Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aluminum Leisure Boat Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aluminum Leisure Boat Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aluminum Leisure Boat Market Size Forecast by Type
13.6.1 Below 14’’
13.6.2 14-20’’
13.6.3 Above 20’’
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aluminum Leisure Boat Market Size Forecast by Applications
13.10.1 Private Use
13.10.2 Commercial Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aluminum Leisure Boat Market: Competitive Dashboard
14.2 Global Aluminum Leisure Boat Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Buster Boats
14.3.2 Brunswick Corporation
14.3.3 Alumacraft
14.3.4 White River Marine Group
14.3.5 Smoker Craft
14.3.6 Linder AB
14.3.7 Terhitec Oy
14.3.8 GeMi Boats
14.3.9 Seastrike Boats
14.3.10 Ockelbo Boat
14.3.11 Smartliner Boat
14.3.12 ALIBOATS
14.3.13 Marine sro
14.3.14 Qingdao Allheart
