Market Overview:
The global yacht and leisure boat market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for luxury boats, rising disposable income, and growing tourism industry. In terms of type, the powerboat segment is expected to dominate the global yacht and leisure boat market during the forecast period. This can be attributed to their high speed, fuel efficiency, and easy handling characteristics as compared to sailboats.
Product Definition:
A yacht is a leisure boat, typically with a recreational purpose.
Powerboat:
Powerboat is a vessel propelled by more than two propellers or motors. Powerboats can be motorized and have the ability to travel on land as well as water. They are generally used for transportation, recreational activities, tourism, law enforcement and firefighting among others. The global powerboat market size was valued at USD 23 billion in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2026.
Sailboat:
Sailboat is a type of boat that is propelled by means of sails. It is the most popular and traditional form of sailing vessel. Sailboats are generally used for recreational purposes like fishing, cruising, and traveling. They are also used in various sports events like yacht racing and windsurfing which adds to it's popularity among consumers looking for a personal watercraft or just leisure activity along with adventure.
Application Insights:
The commercial use segment dominated the global market in 2017. The segment will expand at a CAGR of XX% over the forecast period owing to an increase in demand for passenger ferries and cruise ships on account of rising tourism industry across various regions globally. For instance, according to data published by Cruise Industry Insights, a cruise ship carrying more than 4,000 passengers departed from Dubai to Abu Dhabi and back on December 17th 2018; this is one of such examples that illustrate how cruises are growing as popular mode of transport among travelers globally.
Special use yachts are used for private purposes such as family gatherings or luxury holidays with friends and relatives which accounts for around 40% share within total revenue generated through yacht rentals annually.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to growing demand for recreational activities, such as boating and fishing, in U.S., Canada, and Mexico on account of increasing population along with rising disposable income levels among consumers.
Growth Factors:
- Increasing disposable income of the population: This is fuelling demand for luxury products and services, including yachts and leisure boats.
- Growing popularity of boating as a recreational activity: Boating is becoming increasingly popular as a recreational activity, especially in developed countries with temperate climates. This is boosting demand for yachts and leisure boats.
- Rising awareness about the benefits of owning a yacht or leisure boat: More people are becoming aware of the benefits of owning a yacht or leisure boat, such as improved lifestyle and recreation opportunities. This is helping to drive growth in the market.
- Proliferation of luxury yacht clubs and marinas: There has been an increase in the number of luxury yacht clubs and marinas around the world in recent years, providing more options for those looking to purchase or charter a yacht or leisure boat. This is aiding market growth.. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Yacht and Leisure Boat Market Research Report
By Type
Powerboat, Sailboat
By Application
Private Use, Commercial Use, Special Use
By Companies
Azimut/Benetti, Ferretti Group, Sanlorenzo, Sunseeker, Feadship, Lürssen, Princess Yachts, Amels / Damen, Heesen Yachts, Horizon, Westport, Oceanco, Trinity Yachts, Fipa Group, Overmarine, Perini Navi, Palmer Johnson, Cerri - Baglietto, Christensen
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Yacht and Leisure Boat Market Report Segments:
The global Yacht and Leisure Boat market is segmented on the basis of:
Types
Powerboat, Sailboat
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, Special 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:
- Azimut/Benetti
- Ferretti Group
- Sanlorenzo
- Sunseeker
- Feadship
- Lürssen
- Princess Yachts
- Amels / Damen
- Heesen Yachts
- Horizon
- Westport
- Oceanco
- Trinity Yachts
- Fipa Group
- Overmarine
- Perini Navi
- Palmer Johnson
- Cerri - Baglietto
- Christensen
Highlights of The Yacht and 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:
- Powerboat
- Sailboat
- By Application:
- Private Use
- Commercial Use
- Special 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 Yacht and 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?
A yacht is a large, usually seaworthy boat. Leisure boats are smaller boats that are used for recreation or pleasure.
Some of the major companies in the yacht and leisure boat market are Azimut/Benetti, Ferretti Group, Sanlorenzo, Sunseeker, Feadship, L¼rssen, Princess Yachts, Amels / Damen, Heesen Yachts, Horizon, Westport, Oceanco, Trinity Yachts, Fipa Group, Overmarine, Perini Navi, Palmer Johnson, Cerri - Baglietto, Christensen.
The yacht and 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 Yacht and 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 Yacht and Leisure Boat Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Yacht and 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 Yacht and 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 Yacht and Leisure Boat Market Size & Forecast, 2020-2028
4.5.1 Yacht and Leisure Boat Market Size and Y-o-Y Growth
4.5.2 Yacht and Leisure Boat 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 Powerboat
5.2.2 Sailboat
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 Use
6.2.2 Commercial Use
6.2.3 Special Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Yacht and 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 Yacht and 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 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 Powerboat
9.6.2 Sailboat
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 Use
9.10.2 Commercial Use
9.10.3 Special 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 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 Powerboat
10.6.2 Sailboat
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 Use
10.10.2 Commercial Use
10.10.3 Special 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 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 Powerboat
11.6.2 Sailboat
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 Use
11.10.2 Commercial Use
11.10.3 Special 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 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 Powerboat
12.6.2 Sailboat
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 Use
12.10.2 Commercial Use
12.10.3 Special 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) 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 Powerboat
13.6.2 Sailboat
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 Use
13.10.2 Commercial Use
13.10.3 Special 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 Yacht and Leisure Boat Market: Competitive Dashboard
14.2 Global Yacht and Leisure Boat Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Azimut/Benetti
14.3.2 Ferretti Group
14.3.3 Sanlorenzo
14.3.4 Sunseeker
14.3.5 Feadship
14.3.6 Lürssen
14.3.7 Princess Yachts
14.3.8 Amels / Damen
14.3.9 Heesen Yachts
14.3.10 Horizon
14.3.11 Westport
14.3.12 Oceanco
14.3.13 Trinity Yachts
14.3.14 Fipa Group
14.3.15 Overmarine
14.3.16 Perini Navi
14.3.17 Palmer Johnson
14.3.18 Cerri - Baglietto
14.3.19 Christensen
