Global Leisure Boats Strategic Business Report 2023: New Leisure Boat Category Adds New Revenue Pockets to Leisure Boat Market


Dublin, March 09, 2023 (GLOBE NEWSWIRE) -- The "Leisure Boats: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Leisure Boats Market to Reach $52.9 Billion by 2030

The global market for Leisure Boats estimated at US$38.3 Billion in the year 2022, is projected to reach a revised size of US$52.9 Billion by 2030, growing at a CAGR of 4.1% over the analysis period 2022-2030.

Motorized/Power Boats, one of the segments analyzed in the report, is projected to record 5.1% CAGR and reach US$33.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Non-Motorized Boats segment is readjusted to a revised 2.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $15.8 Billion, While China is Forecast to Grow at 5.8% CAGR

The Leisure Boats market in the U.S. is estimated at US$15.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.4 Billion by the year 2030 trailing a CAGR of 5.8% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 3.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages462
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$38.3 Billion
Forecasted Market Value (USD) by 2030$52.9 Billion
Compound Annual Growth Rate4.1%
Regions CoveredGlobal

Key Topics Covered:

MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Leisure Marine Industry amid COVID-19 Pandemic
  • Industry Witnesses an Uptick in Recreational Boating among Scores of Boaters after Easing of Restrictions
  • Leisure Boats - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Leisure Boat: An Overview
  • Types of Leisure Boats
  • Market Outlook: Popularity of Boating Activity Up-Thrusts Global Leisure Boat Market to Prime Point
  • Select Stats
  • Influx of Emerging Technologies Set to Transform & Boost Boating Industry
  • New Leisure Boat Category Adds New Revenue Pockets to Leisure Boat Market
  • Regional Market Overview
  • Recent Market Activity
  • Select New Launches
  • World Brands

MARKET TRENDS & DRIVERS

  • Popularity of Nautical Tourism Underpins Market Expansion
  • Established Image of Chartering in Vacations Fuels Growth
  • Leisure Boats Integrated with Advanced Technologies Come to the Fore
  • Prominent Trends Benefitting Leisure Boat Market in Big Way
  • GPS Tracking Technology
  • Automated Boats
  • Smart Boats Enter the Fray
  • Adoption of AI Solutions Gains Momentum
  • Digital Dashboards & Social Media
  • Rising Significance of Software in Recreational Maritime Industry
  • Rising Demand for Personalized Leisure Boats to Drive Growth
  • Boats Enjoy New Highs with Outboard Power Kick
  • Electric Leisure Boating Makes Waves
  • Introduction of Hybrid Propulsion System in Leisure Boats
  • Factors Inhibiting Electric Leisure Boats from Sailing into Mainstream
  • High Net Worth Individuals: A Key Customer Class
  • Yachting to Gain from Rise in UHNW Individuals
  • Boating Industry Targets Millennials and Gen-Z
  • Global Millennial Population Facts & Figures: Important Opportunity Indicators
  • Surging Interest in Sailing among Women Opens Up Growth Avenues
  • Increasing Disposable Incomes to Propel Sales
  • Emergence of Recreational Fishing as Favorite Pastime Widens Opportunities
  • Surging Popularity of Kayak Fishing Benefits Market Expansion
  • Digital Technologies Become Pervasive in the Boating Industry
  • Disruptive Technologies Transforming Sports Fishing Boats over the Years
  • REGIONAL MARKET OVERVIEW
  • US Boat Industry: An Overview
  • China: A High-Growth Market for Leisure Boats
  • Yacht Industry : An Overview
  • Europe
  • Boating Industry and EU Recovery Plan
  • Mediterranean Basin: The Hub for Recreational Boating in Europe
  • France
  • Germany
  • The United Kingdom
  • Poland
  • Southeast Asia
  • Middle East
  • Brazil

FOCUS ON SELECT PLAYERS (Total 247 Featured)

  • AB Volvo
  • Avon Boats
  • Azimut Benetti Group
  • Baja Marine
  • Bavaria Yachtbau
  • Bennington Marine LLC,
  • Bombardier Recreational Products (BRP) Inc.
  • Brunswick Corporation
  • Catalina Yachts
  • Chaparral Boats Inc
  • Farr Yacht Design, Ltd.
  • Ferretti S.P.A.
  • Fountain Powerboats, Inc.
  • Godfrey Pontoon Group
  • Groupe Beneteau
  • Johnson Outdoors Watercraft, Inc.
  • Mahindra Odyssea
  • Ranger Boats
  • Sunseeker International Limited
  • The MasterCraft Boat Company
  • TRACKER BOATS
  • Yamaha Motor Company Limited

For more information about this report visit https://www.researchandmarkets.com/r/aezfqt

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Global Market for Leisure Boats

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