The global market for Leisure Boats is estimated at US$40.5 Billion in 2023 and is projected to reach US$53.6 Billion by 2030, growing at a CAGR of 4.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the leisure boats market is driven by several factors, including technological advancements, rising disposable incomes, and increasing interest in recreational activities. Technological advancements have not only improved the safety and performance of leisure boats but also made them more accessible and appealing to a broader audience. The introduction of leisure boats with advanced features such as digital dashboards, digital throttles and joystick controls is driving first-time sales. The use of sophisticated technologies has improved boat operations, prompting people to enjoy various recreational activities. The rise of electric and hybrid boats addresses the growing consumer demand for environmentally sustainable options. Additionally, the increasing popularity of water-based recreational activities, spurred by a desire for unique and adventurous experiences, has significantly boosted market demand. The tourism industry`s expansion, particularly in coastal and lakeside regions, has also contributed to the growth, with more tourists seeking boat rentals and charters. Government initiatives promoting marine tourism and the development of marina infrastructure have further supported market growth. These factors collectively underscore the dynamic and expanding nature of the leisure boats market, highlighting its ability to adapt to evolving consumer preferences and technological innovations.
The growth in the leisure boats market is driven by several factors, including technological advancements, rising disposable incomes, and increasing interest in recreational activities. Technological advancements have not only improved the safety and performance of leisure boats but also made them more accessible and appealing to a broader audience. The introduction of leisure boats with advanced features such as digital dashboards, digital throttles and joystick controls is driving first-time sales. The use of sophisticated technologies has improved boat operations, prompting people to enjoy various recreational activities. The rise of electric and hybrid boats addresses the growing consumer demand for environmentally sustainable options. Additionally, the increasing popularity of water-based recreational activities, spurred by a desire for unique and adventurous experiences, has significantly boosted market demand. The tourism industry`s expansion, particularly in coastal and lakeside regions, has also contributed to the growth, with more tourists seeking boat rentals and charters. Government initiatives promoting marine tourism and the development of marina infrastructure have further supported market growth. These factors collectively underscore the dynamic and expanding nature of the leisure boats market, highlighting its ability to adapt to evolving consumer preferences and technological innovations.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Motorized/Power Boats segment, which is expected to reach US$33.8 Billion by 2030 with a CAGR of a 5.0%. The Non-Motorized Boats segment is also set to grow at 2.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $16.6 Billion in 2023, and China, forecasted to grow at an impressive 5.7% CAGR to reach $5.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Leisure Boats Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Leisure Boats Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Leisure Boats Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as AB Volvo, Canadian Tire Corporation, Limited, Boat City, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 247 Featured):
- AB Volvo
- Canadian Tire Corporation, Limited
- Boat City
- Johnson Outdoors Inc.
- FINCANTIERI SpA
- MasterCraft Boat Company
- Bloemsma Van Breemen Shipyard
- Carver & Marquis Yachts
- Holland Jachtbouw BV
- Kha Shing Enterprises Co., Ltd. (Monte Fino Yachts)
- OCEA
- Oyster Yachts
- Shandong Heavy Industry Group Co., Ltd.
- Motomarine s.r.l.
- Cala Del Forte
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- AB Volvo
- Canadian Tire Corporation, Limited
- Boat City
- Johnson Outdoors Inc.
- FINCANTIERI SpA
- MasterCraft Boat Company
- Bloemsma Van Breemen Shipyard
- Carver & Marquis Yachts
- Holland Jachtbouw BV
- Kha Shing Enterprises Co., Ltd. (Monte Fino Yachts)
- OCEA
- Oyster Yachts
- Shandong Heavy Industry Group Co., Ltd.
- Motomarine s.r.l.
- Cala Del Forte
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 462 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 40.5 Billion |
| Forecasted Market Value ( USD | $ 53.6 Billion |
| Compound Annual Growth Rate | 4.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
