Market Overview:
The global leisure boats 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 boats across the globe, owing to their growing popularity among private and commercial users. In terms of type, the motorboats segment is expected to lead the global leisure boats market during the forecast period, followed by sailboats and others segments. In terms of application, private users are anticipated to dominate the global leisure boats market during 2018-2030 owing to their growing preference for such vessels over other transportation modes for personal use.
Product Definition:
Leisure boats are used for pleasure and not transportation. They are often motorboats, sailboats, or kayaks.
Motorboats:
Motorboats are vessels propelled by more than one motor. They are often used for family outings and recreational activities. The global market size was valued at USD 8,100 million in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2024. Increasing disposable income along with the growing population is anticipated to drive the growth over the forecast period.
The rise in demand for personal watercraft has led manufacturers such as Yamaha, Honda, Sea-Doo.
Sailboats:
Sailboats and it's usage in leisure boats market is the part of marine industry which includes personal use recreational vessels like sailboats, catamarans, canoes & kayaks. The global sailboat and it's usage in leisure boats market size was valued at USD 8.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period on account of growing consumer preference for recreational activities along with luxury travel across the world.
Application Insights:
The private application segment accounted for the largest revenue share of over 60% in 2017. The rising trend of spending more time at sea and on the lakes and rivers is expected to remain a prominent factor driving demand for leisure boats globally. In addition, governments are introducing various schemes & policies to promote water sports such as surfing, windsurfing, kitesurfing among others which are further anticipated to fuel product demand in this segment over the forecast period.
Commercial applications include marinas, yacht clubs and cruise ships where memberships or access is granted on a periodic basis along with associated privileges such as entry into restricted areas or reserved seating areas onboard vessels. This application segment is projected to witness significant growth owing to increasing popularity of organized trips by commercial operators at attractive prices coupled with growing emphasis towards fitness & wellness trends across developed economies including U.S.
Regional Analysis:
Europe dominated the global market in 2017. The region is expected to continue its dominance over the forecast period. Europe has a large number of lakes and rivers, which have fueled the demand for water recreational activities such as fishing and white-water rafting. Moreover, increasing popularity of waterside resorts for spending quality time with friends and family is anticipated to propel industry growth over the next eight years.
Asia Pacific is projected to be one of fastest growing regions during the forecast period owing to increasing disposable income levels among middle-class income groups in countries including China, India, Thailand, Malaysia Philippines Singapore Japan South Korea Indonesia Australia Vietnam New Zealand Mexico Brazil Colombia Argentina Mongolia Ethiopia Russia Egypt Iran Saudi Arabia United Arab Emirates Germany France Italy Spain U.K.
Growth Factors:
- Increasing disposable income of the population: This is fuelling demand for leisure boats as people are looking to spend their money on luxury items.
- Growing popularity of water sports: Boating and sailing are becoming increasingly popular as recreational activities, which is driving demand for leisure boats.
- Improved infrastructure development: This is helping to boost the tourism industry, which in turn is benefiting the leisure boat market.
- Rising awareness about environmental benefits of boating: There is a growing awareness about the environmental benefits of boating, such as reducing carbon emissions and noise pollution levels. This is encouraging more people to purchase leisure boats.
Scope Of The Report
Report Attributes
Report Details
Report Title
Leisure Boats Market Research Report
By Type
Motorboats, Sailboats, Others
By Application
Private, Commercial
By Companies
Groupe Beneteau, Brunswick Corporation, Azimut Benetti Group, Lurssen Werft, Ferretti Group, White River Marine Group, Malibu Boats, Sanlorenzo, Mastercraft, Sunseeker International, Groupe Beneteau, Horizon Yacht, Damen, HanseYachts AG, Alexander Marine, Smoker Craft, Yamaha Motor, Alumacraft Boat, Iconic Marine Group
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Leisure Boats Market Report Segments:
The global Leisure Boats market is segmented on the basis of:
Types
Motorboats, Sailboats, Others
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, Commercial
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:
- Groupe Beneteau
- Brunswick Corporation
- Azimut Benetti Group
- Lurssen Werft
- Ferretti Group
- White River Marine Group
- Malibu Boats
- Sanlorenzo
- Mastercraft
- Sunseeker International
- Groupe Beneteau
- Horizon Yacht
- Damen
- HanseYachts AG
- Alexander Marine
- Smoker Craft
- Yamaha Motor
- Alumacraft Boat
- Iconic Marine Group
Highlights of The Leisure Boats 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:
- Motorboats
- Sailboats
- Others
- By Application:
- Private
- Commercial
- 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 Leisure Boats 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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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Leisure boats are typically smaller vessels that are used for recreation or pleasure. They may be used for fishing, sailing, tubing, or other water activities.
Some of the major players in the leisure boats market are Groupe Beneteau, Brunswick Corporation, Azimut Benetti Group, Lurssen Werft, Ferretti Group, White River Marine Group, Malibu Boats, Sanlorenzo, Mastercraft, Sunseeker International, Groupe Beneteau, Horizon Yacht, Damen, HanseYachts AG, Alexander Marine, Smoker Craft, Yamaha Motor, Alumacraft Boat, Iconic Marine Group.
The leisure boats 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 Leisure Boats 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 Leisure Boats Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Leisure Boats 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 Leisure Boats 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 Leisure Boats Market Size & Forecast, 2020-2028
4.5.1 Leisure Boats Market Size and Y-o-Y Growth
4.5.2 Leisure Boats Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Motorboats
5.2.2 Sailboats
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Private
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Leisure Boats 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 Leisure Boats 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Motorboats
9.6.2 Sailboats
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 Private
9.10.2 Commercial
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Motorboats
10.6.2 Sailboats
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 Private
10.10.2 Commercial
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Motorboats
11.6.2 Sailboats
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 Private
11.10.2 Commercial
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Motorboats
12.6.2 Sailboats
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 Private
12.10.2 Commercial
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Motorboats
13.6.2 Sailboats
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 Private
13.10.2 Commercial
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 Leisure Boats Market: Competitive Dashboard
14.2 Global Leisure Boats Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Groupe Beneteau
14.3.2 Brunswick Corporation
14.3.3 Azimut Benetti Group
14.3.4 Lurssen Werft
14.3.5 Ferretti Group
14.3.6 White River Marine Group
14.3.7 Malibu Boats
14.3.8 Sanlorenzo
14.3.9 Mastercraft
14.3.10 Sunseeker International
14.3.11 Groupe Beneteau
14.3.12 Horizon Yacht
14.3.13 Damen
14.3.14 HanseYachts AG
14.3.15 Alexander Marine
14.3.16 Smoker Craft
14.3.17 Yamaha Motor
14.3.18 Alumacraft Boat
14.3.19 Iconic Marine Group
