PUBLISHER: Arizton Advisory & Intelligence | PRODUCT CODE: 1443472
PUBLISHER: Arizton Advisory & Intelligence | PRODUCT CODE: 1443472
Yacht Market - Global Outlook & Forecast 2024-2029
The global yacht market was valued at USD 26.00 billion in 2023 and is expected to grow at a CAGR of 7.62% from 2023-2029.
MARKET TRENDS & OPPORTUNITIES
Economic Growth and High Net Worth Individuals (HNWIs)
Economic growth and the rise in the number of high-net-worth individuals (HNWIs) play pivotal roles in propelling the growth of the yacht market. As economies expand, disposable incomes increase, fostering a culture of luxury and leisure. High-net-worth individuals, drawn to exclusive experiences, often view yacht ownership as a symbol of prestige and a means to enjoy a lavish lifestyle. Economic prosperity translates into an expanding customer base capable of affording yachts, ranging from mid-sized cruisers to superyachts. The market responds to this demand by offering various vessels with cutting-edge technology, opulent amenities, and personalized features. As more individuals achieve financial affluence, the allure of yacht ownership intensifies, contributing significantly to the sustained growth and dynamism of the global yacht market.
Rising Disposable Incomes
The increasing disposable income among consumers is a key driver of growth in the yacht industry. As disposable incomes rise, individuals and families often seek unique and luxurious leisure experiences, with yacht ownership representing the epitome of exclusivity and sophistication. Yachts, from smaller cruisers to extravagant superyachts, become attainable for a broader population with higher purchasing power. The ability to afford such a symbol of opulence and leisure fosters a growing interest in yachting, driving demand within the market. Yacht manufacturers respond to this trend by introducing various models catering to different preferences and budget ranges. The rising disposable income, therefore, not only expands the market size but also fuels innovation and diversity within the yacht industry, contributing to its sustained growth.
INDUSTRY RESTRAINTS
High Upfront Cost
The high upfront costs associated with yacht ownership pose a significant constraint on the growth of the yacht market. Yachts, especially larger and more luxurious models, come with substantial price tags, including the vessel's purchase price, maintenance, crew salaries, docking fees, and other operational expenses. The financial commitment required upfront can deter potential buyers, limiting the market to a niche segment of high-net-worth individuals. The exclusivity of yacht ownership often stems from these significant costs, creating a barrier for those who might otherwise be interested in entering the market. While financing options and charter services exist to make yachting more accessible, the perception of prohibitively high costs remains challenging, restricting the market from reaching a broader audience and realizing its full growth potential.
SEGMENTATION INSIGHTS
INSIGHTS BY TYPE
The global yacht market is broadly segmented into sailing and motorized yachts, each catering to distinct preferences and purposes. The conventional sailing yachts, propelled primarily by wind energy, offer a timeless and elegant nautical experience, attracting enthusiasts who appreciate the thrill of sailing and the romanticism associated with wind-powered navigation. On the other hand, motorized yachts, equipped with engines for propulsion, provide a more dynamic and versatile on-water experience, appealing to those who seek speed, convenience, and the ability to cover greater distances. The motorized yachts segment holds a higher market share and is expected to grow with a higher CAGR during the forecast period. Several countries and regions worldwide stand out for their strong and sustained demand for motorized yachts. For instance, demand for motorized yachts in the Mediterranean is buoyed by local buyers and international tourists seeking the luxury and adventure of maritime exploration.
Segmentation by Type
- Motorized Yacht
- Sailing Yacht
INSIGHTS BY MOTORIZED YACHT
The motorized yacht segment represents a dynamic and diverse sector within the yacht market, catering to enthusiasts who value speed, convenience, and advanced technology. This category includes subsegments such as superyachts, flybridge yachts, sport yachts, and long-range yachts. Superyachts, known for their luxury and size, hold the highest share and are often equipped with luxurious amenities. Moreover, a relentless pursuit of innovation and cutting-edge technology marks the super yacht segment. Advancements in materials, engineering, and onboard systems contribute to developing more efficient, eco-friendly, and luxurious super yachts.
Segmentation by Motorised Yacht
- Super Yacht
- Flybridge Yacht
- Sport Yacht
- Long Range Yacht
- Others
INSIGHTS BY APPLICATION
The global yacht market is segmented into private and commercial applications, each serving distinct purposes within the maritime industry. Private yachts dominated the market share in 2023 and are primarily designed for personal leisure and recreation, catering to high-net-worth individuals and enthusiasts seeking a luxurious and exclusive on-water experience. These yachts range from compact cruisers to opulent superyachts, featuring state-of-the-art amenities and personalized designs. On the other hand, commercial yachts are utilized for various business purposes, including charter services, events, and hospitality. Since there is an increase in the disposable income of populations across regions, people might not be able to own a yacht. Still, they can afford to go on yachting vacations, thus resulting in a higher CAGR of the commercial yacht segment. Commercial yachts offer opportunities for entrepreneurs to enter the hospitality and tourism sectors, providing unique venues for events, parties, and luxury cruising experiences. Both private and commercial segments contribute to the dynamic and evolving landscape of the yacht market, addressing clients' diverse needs and preferences in the global maritime industry.
Segmentation by Application
- Private
- Commercial
INSIGHTS BY SIZE
The global yacht market by size is segmented into 20 to 50 meters, up to 20 meters, and above 50 meters. Yachts ranging from 20 to 50 meters in length currently hold a maximum market share of over 50%, appealing to a broad spectrum of buyers seeking a balance between spaciousness and manageability. In this segment, buyers often find versatility for both private and charter use. However, the up to 20-meter category is expected to exhibit the highest CAGR, driven by increasing accessibility and affordability. These smaller yachts offer entry-level options, making yacht ownership more attainable for a broader market. On the other end, yachts above 50 meters cater to ultra-high-net-worth individuals, providing expansive living spaces, cutting-edge amenities, and the epitome of luxury. The segmentation by size allows the market to address the diverse demands of buyers, from those seeking intimate cruising experiences to those desiring grand, superyacht opulence.
Segmentation by Size
- 20 to 50 meters
- Up to 20 meters
- Above 50 meters
INSIGHTS BY HULL TYPE
The global yacht market encompasses diverse hull types, influencing the vessel's performance, stability, and functionality. Monohull yachts hold the maximum share of the market when compared to their counterparts. It features a single hull and is known for its stability and efficiency, making it suitable for various applications. Various manufacturers and builders populate the monohull yacht industry, each bringing their touch of craftsmanship and innovation. Renowned names such as Beneteau, Jeanneau, and Dufour have established themselves as leaders in this segment. Moreover, displacement hulls displace water rather than riding on top, offering a comfortable and steady ride, ideal for long-distance cruising. Furthermore, specialized hulls are designed for specific purposes, such as ice-breaking hulls for polar exploration or SWATH (Small Waterplane Area Twin Hull) for improved stability in rough seas. Each hull type caters to different preferences, applications, and navigational conditions, contributing to the diversity and innovation within the market.
Segmentation by Hull Type
- Monohull
- Displacement Hull
- Planing Hull
- Multihull
- Specialized Hull
GEOGRAPHICAL ANALYSIS
Europe holds the most prominent share of the global yacht market, accounting for over 35% in 2023. With its vast maritime history, Europe boasts a captivating market defined by its coastlines and inclination for extravagant living standards. The European market reflects the continent's diversity and variety, offering various yacht sizes to cater to different preferences. In this enchanting landscape, smaller yachts up to 20 meters and larger-sized yachts exceeding 50 meters hold prominent positions. The market thrives as a traditional yachting hub, with countries like Italy, France, and Germany leading in manufacturing and innovation.
Segmentation by Geography
- Europe
- Italy
- France
- Germany
- The U.K.
- Spain
- Greece
- Netherlands
- Rest of Europe
- North America
- The U.S.
- Canada
- APAC
- China
- Thailand
- Singapore
- Australia
- Japan
- Indonesia
- Malaysia
- Vietnam
- Rest of APAC
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- Turkey
- Kuwait
- Egypt
- South Africa
- Rest of Middle East and Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Chile
- Rest of Latin America
COMPETITIVE LANDSCAPE
The yacht market is marked by intense competition among global and regional players, each vying for a share in the lucrative luxury boating industry. Prominent yacht manufacturers such as Azimut-Benetti, Ferretti Group, and Sunseeker International are key players known for producing high-quality and innovative vessels. The competitive landscape is characterized by a continuous pursuit of technological advancements, eco-friendly solutions, and unique design elements to cater to the discerning tastes of high-net-worth individuals. Yacht brokerage firms, including Burgess and Fraser, contribute to the competitive ecosystem by facilitating yacht sales and charter services. Additionally, emerging players in the yacht industry from the Asia-Pacific region are making notable strides, adding a new dimension to the market's competitive dynamics. As consumer preferences evolve and sustainability becomes a focal point, the yacht market remains dynamic, with companies strategically positioning themselves to stay ahead in this glamorous yet fiercely competitive industry.
Key Company Profiles
- AZIMUT| BENETTI GROUP
- FERRETTI
- Princess Yachts
- Sanlorenzo
- Sunseeker
Other Prominent Vendors
- Hargrave Custom Yachts
- ABEKING & RASMUSSEN
- THE ITALIAN SEA GROUP
- AES Yacht
- Alpha Yachts
- Permare
- Antonini Navi
- Arcadia Yachts
- Ark Yacht
- Mondomarine
- Astondoa
- Uniesse Marine Group
- AvA Yachts
- Baglietto
- Baltic Yachts
- BAYLISS BOATWORKS
- Bering Yachts
- Bertram Yachts
- BILGIN YACHTS
- Kingship Marine
- GRAND BANKS YACHTS
- Westport Yachts
- Feadship
- Oceanco
- Heesen Yachts Sales
KEY QUESTIONS ANSWERED:
1. How big is the yacht market?
2. What is the growth rate of the global yacht market?
3. Which region dominates the global yacht market share?
4. What are the significant trends in the yacht industry?
5. Who are the key players in the global yacht market?
TABLE OF CONTENTS
1 SCOPE & COVERAGE
- 1.1. MARKET DEFINITION
- 1.1.1. INCLUSIONS
- 1.1.2. EXCLUSIONS
- 1.1.3. MARKET ESTIMATION CAVEATS.
- 1.2. SEGMENTS COVERED & DEFINITIONS
- 1.2.1. MARKET BY TYPE
- 1.2.2. MARKET BY APPLICATION
- 1.2.3. MARKET BY SIZE
- 1.2.4. MARKET BY HULL TYPE
- 1.2.5. REGIONS & COUNTRIES COVERED
- 1.3. MARKET DERIVATION
- 1.3.1. BASE YEAR
2 PREMIUM INSIGHTS
- 2.1 OPPORTUNITY POCKET
- 2.1.1 MARKET DEFINITION
- 2.2 REPORT OVERVIEW
- 2.3 OPPORTUNITIES & CHALLENGES ANALYSIS
- 2.4 SEGMENT ANALYSIS
- 2.5 REGIONAL ANALYSIS
- 2.6 COMPETITIVE LANDSCAPE
3 MARKET AT A GLANCE
4 INTRODUCTION
- 4.1. OVERVIEW
- 4.2. SWOT ANALYSIS
- 4.3. PEST ANALYSIS
- 4.4. VALUE CHAIN ANALYSIS
- 4.5. MERGERS AND ACQUISITIONS
- 4.6. CANNES YACHTING FESTIVAL- VIEUX PORT
- 4.6.1. BRIEF HISTORY
- 4.6.2. IMPACT
- 4.7. THE MONACO SHOW
- 4.8. THE EFFECTS OF THE RUSSIA-UKRAINE WAR ON THE YACHT MARKET OUTLOOK
5 MARKET OPPORTUNITIES & TRENDS
- 5.1. ECONOMIC GROWTH AND HIGH NET WORTH INDIVIDUALS (HNWIS)
- 5.2. GROWTH IN DEMAND FOR LUXURY TOURISM
- 5.3. GROWTH OF EMERGING MARKETS
6 MARKET GROWTH ENABLERS
- 6.1 BENEFITS OF YACHT OWNERSHIP
- 6.2 TECHNOLOGICAL ADVANCEMENTS
- 6.3 GOVERNMENT SUPPORT
7 MARKET RESTRAINTS
- 7.1 HIGH COST OF YACHT OWNERSHIP
- 7.2 ENVIRONMENTAL CONCERNS
- 7.3 ECONOMIC DOWNTURNS
8 MARKET LANDSCAPE
- 8.1. MARKET OVERVIEW
- 8.1.1. ECONOMIC INSIGHTS BY WORLD TRAVEL & TOURISM COUNCIL (WTTC) 2022
- 8.2. MARKET SIZE & FORECAST
- 8.3. MARKET BY TYPE
- 8.4. MARKET BY MOTORIZED TYPE
- 8.5. MARKET BY APPLICATION
- 8.6. MARKET BY SIZE
- 8.7. MARKET BY HULL TYPE
- 8.8. FIVE FORCES ANALYSIS
- 8.8.1. THREAT OF NEW ENTRANTS
- 8.8.2. BARGAINING POWER OF SUPPLIERS
- 8.8.3. BARGAINING POWER OF BUYERS
- 8.8.4. THREAT OF SUBSTITUTES
- 8.8.5. COMPETITIVE RIVALRY
9 YATCH TYPE
- 9.1. MARKET SNAPSHOT & GROWTH ENGINE
- 9.2. MARKET OVERVIEW
- 9.3. MOTORIZED YACHTS
- 9.3.1. MARKET OVERVIEW
- 9.3.2. MARKET SIZE & FORECAST
- 9.3.3. MARKET BY GEOGRAPHY
- 9.4. SAILING YACHTS
- 9.4.1. MARKET OVERVIEW
- 9.4.2. MARKET SIZE & FORECAST
- 9.4.3. MARKET BY GEOGRAPHY
10 MOTORIZED YACHTS
- 10.1. MARKET SNAPSHOT & GROWTH ENGINE
- 10.2. MARKET OVERVIEW
- 10.3. SUPER YACHTS
- 10.3.1. MARKET OVERVIEW
- 10.3.2. MARKET SIZE & FORECAST
- 10.3.3. MARKET BY GEOGRAPHY
- 10.4. FLYBRIDGE YACHTS
- 10.4.1. MARKET OVERVIEW
- 10.4.2. MARKET SIZE & FORECAST
- 10.4.3. MARKET BY GEOGRAPHY
- 10.5. SPORTS YACHTS
- 10.5.1. MARKET OVERVIEW
- 10.5.2. MARKET SIZE & FORECAST
- 10.5.3. MARKET BY GEOGRAPHY
- 10.6. LONG RANGE YACHTS
- 10.6.1. MARKET OVERVIEW
- 10.6.2. MARKET SIZE & FORECAST
- 10.6.3. MARKET BY GEOGRAPHY
- 10.7. OTHER YACHTS
- 10.7.1. MARKET OVERVIEW
- 10.7.2. MARKET SIZE & FORECAST
- 10.7.3. MARKET BY GEOGRAPHY
11 APPLICATION
- 11.1. MARKET SNAPSHOT & GROWTH ENGINE
- 11.2. MARKET OVERVIEW
- 11.3. PRIVATE YACHTS
- 11.3.1. MARKET OVERVIEW
- 11.3.2. MARKET SIZE & FORECAST
- 11.3.3. MARKET BY GEOGRAPHY
- 11.4. COMMERCIAL YACHTS
- 11.4.1. MARKET OVERVIEW
- 11.4.2. MARKET SIZE & FORECAST
- 11.4.3. MARKET BY GEOGRAPHY
12 YATCH SIZE
- 12.1. MARKET SNAPSHOT & GROWTH ENGINE
- 12.2. MARKET OVERVIEW
- 12.3. 20 TO 50 METERS
- 12.3.1. MARKET OVERVIEW
- 12.3.2. MARKET SIZE & FORECAST
- 12.3.3. MARKET BY GEOGRAPHY
- 12.4. UP TO 20 METERS
- 12.4.1. MARKET OVERVIEW
- 12.4.2. MARKET SIZE & FORECAST
- 12.4.3. MARKET BY GEOGRAPHY
- 12.5. ABOVE 50 METERS
- 12.5.1. MARKET OVERVIEW
- 12.5.2. MARKET SIZE & FORECAST
- 12.5.3. MARKET BY GEOGRAPHY
13 HULL TYPE
- 13.1. MARKET SNAPSHOT & GROWTH ENGINE
- 13.2. MARKET OVERVIEW
- 13.3. MONOHULL
- 13.3.1. MARKET OVERVIEW
- 13.3.2. MARKET SIZE & FORECAST
- 13.3.3. MARKET BY GEOGRAPHY
- 13.4. DISPLACEMENT HULL
- 13.4.1. MARKET OVERVIEW
- 13.4.2. MARKET SIZE & FORECAST
- 13.4.3. MARKET BY GEOGRAPHY
- 13.5. PLANING HULL
- 13.5.1. MARKET OVERVIEW
- 13.5.2. MARKET SIZE & FORECAST
- 13.5.3. MARKET BY GEOGRAPHY
- 13.6. MULTIHULL
- 13.6.1. MARKET OVERVIEW
- 13.6.2. MARKET SIZE & FORECAST
- 13.6.3. MARKET BY GEOGRAPHY
- 13.7. SPECIALIZED HULL
- 13.7.1. MARKET OVERVIEW
- 13.7.2. MARKET SIZE & FORECAST
- 13.7.3. MARKET BY GEOGRAPHY
14 GEOGRAPHY
- 14.1. MARKET SNAPSHOT & GROWTH ENGINE
- 14.2. GEOGRAPHIC OVERVIEW
15 EUROPE
- 15.1. MARKET OVERVIEW
- 15.2. MARKET SIZE & FORECAST
- 15.3. TYPE
- 15.3.1. MARKET SIZE & FORECAST
- 15.4. MOTORIZED YACHT
- 15.4.1. MARKET SIZE & FORECAST
- 15.5. APPLICATION
- 15.5.1. MARKET SIZE & FORECAST
- 15.6. SIZE
- 15.6.1. MARKET SIZE & FORECAST
- 15.7. HULL TYPE
- 15.7.1. MARKET SIZE & FORECAST
- 15.8. KEY COUNTRIES
- 15.8.1. ITALY: MARKET SIZE & FORECAST
- 15.8.2. FRANCE: MARKET SIZE & FORECAST
- 15.8.3. GERMANY: MARKET SIZE & FORECAST
- 15.8.4. UK: MARKET SIZE & FORECAST
- 15.8.5. SPAIN: MARKET SIZE & FORECAST
- 15.8.6. GREECE: MARKET SIZE & FORECAST
- 15.8.7. NETHERLANDS: MARKET SIZE & FORECAST
- 15.8.8. REST OF EUROPE: MARKET SIZE & FORECAST
16 NORTH AMERICA
- 16.1. MARKET OVERVIEW
- 16.2. MARKET SIZE & FORECAST
- 16.3. TYPE
- 16.3.1. MARKET SIZE & FORECAST
- 16.4. MOTORIZED YACHT
- 16.4.1. MARKET SIZE & FORECAST
- 16.5. APPLICATION
- 16.5.1. MARKET SIZE & FORECAST
- 16.6. SIZE
- 16.6.1. MARKET SIZE & FORECAST
- 16.7. HULL TYPE
- 16.7.1. MARKET SIZE & FORECAST
- 16.8. KEY COUNTRIES
- 16.8.1. US: MARKET SIZE & FORECAST
- 16.8.2. CANADA: MARKET SIZE & FORECAST
17 APAC
- 17.1. MARKET OVERVIEW
- 17.2. MARKET SIZE & FORECAST
- 17.3. TYPE
- 17.3.1. MARKET SIZE & FORECAST
- 17.4. MOTORIZED YACHT
- 17.4.1. MARKET SIZE & FORECAST
- 17.5. APPLICATION
- 17.5.1. MARKET SIZE & FORECAST
- 17.6. SIZE
- 17.6.1. MARKET SIZE & FORECAST
- 17.7. HULL TYPE
- 17.7.1. MARKET SIZE & FORECAST
- 17.8. KEY COUNTRIES
- 17.8.1. CHINA: MARKET SIZE & FORECAST
- 17.8.2. THAILAND: MARKET SIZE & FORECAST
- 17.8.3. SINGAPORE: MARKET SIZE & FORECAST
- 17.8.4. AUSTRALIA: MARKET SIZE & FORECAST
- 17.8.5. JAPAN: MARKET SIZE & FORECAST
- 17.8.6. INDONESIA: MARKET SIZE & FORECAST
- 17.8.7. MALAYSIA: MARKET SIZE & FORECAST
- 17.8.8. VIETNAM: MARKET SIZE & FORECAST
- 17.8.9. REST OF APAC: MARKET SIZE & FORECAST
18 MIDDLE EAST & AFRICA
- 18.1. MARKET OVERVIEW
- 18.2. MARKET SIZE & FORECAST
- 18.3. TYPE
- 18.3.1. MARKET SIZE & FORECAST
- 18.4. MOTORIZED YACHT
- 18.4.1. MARKET SIZE & FORECAST
- 18.5. APPLICATION
- 18.5.1. MARKET SIZE & FORECAST
- 18.6. SIZE
- 18.6.1. MARKET SIZE & FORECAST
- 18.7. HULL TYPE
- 18.7.1. MARKET SIZE & FORECAST
- 18.8. KEY COUNTRIES
- 18.8.1. UAE: MARKET SIZE & FORECAST
- 18.8.2. SAUDI ARABIA: MARKET SIZE & FORECAST
- 18.8.3. QATAR: MARKET SIZE & FORECAST
- 18.8.4. TURKEY: MARKET SIZE & FORECAST
- 18.8.5. KUWAIT: MARKET SIZE & FORECAST
- 18.8.6. EGYPT: MARKET SIZE & FORECAST
- 18.8.7. SOUTH AFRICA: MARKET SIZE & FORECAST
- 18.8.8. REST OF MIDDLE EAST & AFRICA: MARKET SIZE & FORECAST
19 LATIN AMERICA
- 19.1. MARKET OVERVIEW
- 19.2. MARKET SIZE & FORECAST
- 19.3. TYPE
- 19.3.1. MARKET SIZE & FORECAST
- 19.4. MOTORIZED YACHT
- 19.4.1. MARKET SIZE & FORECAST
- 19.5. APPLICATION
- 19.5.1. MARKET SIZE & FORECAST
- 19.6. SIZE
- 19.6.1. MARKET SIZE & FORECAST
- 19.7. HULL TYPE
- 19.7.1. MARKET SIZE & FORECAST
- 19.8. KEY COUNTRIES
- 19.8.1. BRAZIL: MARKET SIZE & FORECAST
- 19.8.2. MEXICO: MARKET SIZE & FORECAST
- 19.8.3. ARGENTINA: MARKET SIZE & FORECAST
- 19.8.4. CHILE: MARKET SIZE & FORECAST
- 19.8.5. REST OF LATIN AMERICA: MARKET SIZE & FORECAST
20 COMPETITIVE LANDSCAPE
- 20.1. COMPETITION OVERVIEW
21 KEY COMPANY PROFILES
- 21.1. AZIMUT | BENETTI GROUP
- 21.1.1. BUSINESS OVERVIEW
- 21.1.2. PRODUCT OFFERINGS
- 21.1.3. KEY STRATEGIES
- 21.1.4. KEY STRENGTHS
- 21.1.5. KEY OPPORTUNITIES
- 21.2. FERRETTI
- 21.2.1. BUSINESS OVERVIEW
- 21.2.2. PRODUCT OFFERINGS
- 21.2.3. KEY STRATEGIES
- 21.2.4. KEY STRENGTHS
- 21.2.5. KEY OPPORTUNITIES
- 21.3. PRINCESS YACHTS
- 21.3.1. BUSINESS OVERVIEW
- 21.3.2. PRODUCT OFFERINGS
- 21.3.3. KEY STRATEGIES
- 21.3.4. KEY STRENGTHS
- 21.3.5. KEY OPPORTUNITIES
- 21.4. SANLORENZO
- 21.4.1. BUSINESS OVERVIEW
- 21.4.2. PRODUCT OFFERINGS
- 21.4.3. KEY STRATEGIES
- 21.4.4. KEY STRENGTHS
- 21.4.5. KEY OPPORTUNITIES
- 21.5. SUNSEEKER
- 21.5.1. BUSINESS OVERVIEW
- 21.5.2. PRODUCT OFFERINGS
- 21.5.3. KEY STRATEGIES
- 21.5.4. KEY STRENGTHS
- 21.5.5. KEY OPPORTUNITIES
22 OTHER PROMINENT VENDORS
- 22.1. HARGRAVE CUSTOM YACHTS
- 22.1.1. BUSINESS OVERVIEW
- 22.1.2. PRODUCT OFFERINGS
- 22.2. ABEKING & RASMUSSEN
- 22.2.1. BUSINESS OVERVIEW
- 22.2.2. PRODUCT OFFERINGS
- 22.3. THE ITALIAN SEA GROUP
- 22.3.1. BUSINESS OVERVIEW
- 22.3.2. PRODUCT OFFERINGS
- 22.4. AES YACHT
- 22.4.1. BUSINESS OVERVIEW
- 22.4.2. PRODUCT OFFERINGS
- 22.5. ALPHA YACHTS
- 22.5.1. BUSINESS OVERVIEW
- 22.5.2. PRODUCT OFFERINGS
- 22.6. PERMARE
- 22.6.1. BUSINESS OVERVIEW
- 22.6.2. PRODUCT OFFERINGS
- 22.7. ANTONINI NAVI
- 22.7.1. BUSINESS OVERVIEW
- 22.7.2. PRODUCT OFFERINGS
- 22.8. ARCADIA YACHTS
- 22.8.1. BUSINESS OVERVIEW
- 22.8.2. PRODUCT OFFERINGS
- 22.9. ARK YACHT
- 22.9.1. BUSINESS OVERVIEW
- 22.9.2. PRODUCT OFFERINGS
- 22.10. MONDOMARINE
- 22.10.1. BUSINESS OVERVIEW
- 22.10.2. PRODUCT OFFERINGS
- 22.11. ASTONDOA
- 22.11.1. BUSINESS OVERVIEW
- 22.11.2. PRODUCT OFFERINGS
- 22.12. UNIESSE MARINE GROUP
- 22.12.1. BUSINESS OVERVIEW
- 22.12.2. PRODUCT OFFERINGS
- 22.13. AVA YACHTS
- 22.13.1. BUSINESS OVERVIEW
- 22.13.2. PRODUCT OFFERINGS
- 22.14. BAGLIETTO
- 22.14.1. BUSINESS OVERVIEW
- 22.14.2. PRODUCT OFFERINGS
- 22.15. BALTIC YACHTS
- 22.15.1. BUSINESS OVERVIEW
- 22.15.2. PRODUCT OFFERINGS
- 22.16. BAYLISS BOATWORKS
- 22.16.1. BUSINESS OVERVIEW
- 22.16.2. PRODUCT OFFERINGS
- 22.17. BERING YACHTS
- 22.17.1. BUSINESS OVERVIEW
- 22.17.2. PRODUCT OFFERINGS
- 22.18. BERTRAM YACHTS
- 22.18.1. BUSINESS OVERVIEW
- 22.18.2. PRODUCT OFFERINGS
- 22.19. BILGIN YACHTS
- 22.19.1. BUSINESS OVERVIEW
- 22.19.2. PRODUCT OFFERINGS
- 22.20. KINGSHIP MARINE
- 22.20.1. BUSINESS OVERVIEW
- 22.20.2. PRODUCT OFFERINGS
- 22.21. GRAND BANKS YACHTS
- 22.21.1. BUSINESS OVERVIEW
- 22.21.2. PRODUCT OFFERINGS
- 22.22. WESTPORT YACHTS
- 22.22.1. BUSINESS OVERVIEW
- 22.22.2. PRODUCT OFFERINGS
- 22.23. FEADSHIP
- 22.23.1. BUSINESS OVERVIEW
- 22.23.2. PRODUCT OFFERINGS
- 22.24. OCEANCO.
- 22.24.1. BUSINESS OVERVIEW
- 22.24.2. PRODUCT OFFERINGS
- 22.25. HEESEN YACHTS SALES
- 22.25.1. BUSINESS OVERVIEW
- 22.25.2. PRODUCT OFFERINGS
23 REPORT SUMMARY
- 23.1. KEY TAKEAWAYS
- 23.2. STRATEGIC RECOMMENDATIONS
24 QUANTITATIVE SUMMARY
- 24.1. MARKET BY GEOGRAPHY
- 24.2. EUROPE: MARKET SIZE AND FORECAST
- 24.2.1. TYPE: MARKET SIZE & FORECAST
- 24.2.2. MOTORIZED YACHT: MARKET SIZE & FORECAST
- 24.2.3. APPLICATION: MARKET SIZE & FORECAST
- 24.2.4. SIZE: MARKET SIZE & FORECAST
- 24.2.5. HULL TYPE: MARKET SIZE & FORECAST
- 24.3. NORTH AMERICA: MARKET SIZE & FORECAST
- 24.3.1. TYPE: MARKET SIZE & FORECAST
- 24.3.2. MOTORIZED YACHT: MARKET SIZE & FORECAST
- 24.3.3. APPLICATION: MARKET SIZE & FORECAST
- 24.3.4. SIZE: MARKET SIZE & FORECAST
- 24.3.5. HULL TYPE: MARKET SIZE & FORECAST
- 24.4. APAC: MARKET SIZE & FORECAST
- 24.4.1. TYPE: MARKET SIZE & FORECAST
- 24.4.2. MOTORIZED YACHT: MARKET SIZE & FORECAST
- 24.4.3. APPLICATION: MARKET SIZE & FORECAST
- 24.4.4. SIZE: MARKET SIZE & FORECAST
- 24.4.5. HULL TYPE: MARKET SIZE & FORECAST
- 24.5. MIDDLE EAST & AFRICA: MARKET SIZE & FORECAST
- 24.5.1. TYPE: MARKET SIZE & FORECAST
- 24.5.2. MOTORIZED YACHT: MARKET SIZE & FORECAST
- 24.5.3. APPLICATION: MARKET SIZE & FORECAST
- 24.5.4. SIZE: MARKET SIZE & FORECAST
- 24.5.5. HULL TYPE: MARKET SIZE & FORECAST
- 24.6. LATIN AMERICA: MARKET SIZE & FORECAST
- 24.6.1. TYPE: MARKET SIZE & FORECAST
- 24.6.2. MOTORIZED YACHT: MARKET SIZE & FORECAST
- 24.6.3. APPLICATION: MARKET SIZE & FORECAST
- 24.6.4. SIZE: MARKET SIZE & FORECAST
- 24.6.5. HULL TYPE: MARKET SIZE & FORECAST
- 24.7. MARKET BY SEGMENTATION
- 24.8. TYPE SEGMENTATION
- 24.8.1. MOTORIZED YACHT: MARKET BY GEOGRAPHY
- 24.8.2. SAILING YACHT: MARKET BY GEOGRAPHY
- 24.9. MOTORIZED YACHT MARKET
- 24.9.1. SUPER YACHT: MARKET BY GEOGRAPHY
- 24.9.2. FLYBRIDGE YACHT: MARKET BY GEOGRAPHY
- 24.9.3. SPORTS YACHT: MARKET BY GEOGRAPHY
- 24.9.4. LONG RANGE YACHT: MARKET BY GEOGRAPHY
- 24.9.5. OTHER YACHTS: MARKET BY GEOGRAPHY
- 24.10. APPLICATION SEGMENTATION
- 24.10.1. PRIVATE YACHT: MARKET BY GEOGRAPHY
- 24.10.2. COMMERCIAL YACHT: MARKET BY GEOGRAPHY
- 24.11. SIZE SEGMENTATION
- 24.11.1. 20 TO 50 METERS: MARKET BY GEOGRAPHY
- 24.11.2. UPTO 20 METERS: MARKET BY GEOGRAPHY
- 24.11.3. ABOVE 50 METERS: MARKET BY GEOGRAPHY
- 24.12. HULL TYPE SEGMENTATION
- 24.12.1. MONOHULL: MARKET BY GEOGRAPHY
- 24.12.2. DISPLACEMENT HULL: MARKET BY GEOGRAPHY
- 24.12.3. PLANING HULL: MARKET BY GEOGRAPHY
- 24.12.4. MULTIHULL: MARKET BY GEOGRAPHY
- 24.12.5. SPECIALIZED HULL: MARKET BY GEOGRAPHY
25 APPENDIX
- 25.1. RESEARCH METHODOLOGY
- 25.2. RESEARCH PROCESS
- 25.3. REPORT ASSUMPTIONS & CAVEATS
- 25.3.1. KEY CAVEATS
- 25.3.2. CURRENCY CONVERSION
- 25.4. ABBREVIATIONS
List Of Tables
LIST OF EXHIBITS
- EXHIBIT 1 MARKET SIZE CALCULATION APPROACH 2023
- EXHIBIT 2 IMPACT OF ECONOMIC GROWTH AND HIGH NET WORTH INDIVIDUALS (HNWIS):
- EXHIBIT 3 WEALTH THRESHOLDS TO JOIN THE TOP 1% BRACKET IN SELECTED COUNTRIES IN 2022 ($ MILLION)
- EXHIBIT 4 IMPACT OF GROWTH IN DEMAND FOR LUXURY TOURISM
- EXHIBIT 5 IMPACT OF GROWTH OF EMERGING MARKETS
- EXHIBIT 6 IMPACT OF BENEFITS OF YACHT OWNERSHIP
- EXHIBIT 7 IMPACT OF TECHNOLOGICAL ADVANCEMENTS
- EXHIBIT 8 IMPACT OF GOVERNMENT SUPPORT
- EXHIBIT 9 IMPACT OF HIGH COST OF YACHT OWNERSHIP
- EXHIBIT 10 IMPACT OF ENVIRONMENTAL CONCERNS
- EXHIBIT 11 IMPACT OF ECONOMIC DOWNTURNS
- EXHIBIT 12 REGIONAL ECONOMIC OUTLOOK 2022 & 2023 (%)
- EXHIBIT 13 GLOBAL YACHT MARKET 2019-2029 ($ BILLION)
- EXHIBIT 14 FIVE FORCES ANALYSIS 2023
- EXHIBIT 15 INCREMENTAL GROWTH BY TYPE 2023 & 2029
- EXHIBIT 16 MARKET SHARE BY TYPE 2023 & 2029 (%)
- EXHIBIT 17 GLOBAL MOTORIZED YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 18 GLOBAL SAILING YACHT MARKET 2019-2029 ($ BILLION)
- EXHIBIT 19 INCREMENTAL GROWTH BY MOTORIZED YACHTS 2023 & 2029
- EXHIBIT 20 MARKET SHARE BY MOTORIZED YACHT 2023 & 2029 (%)
- EXHIBIT 21 GLOBAL SUPER YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 22 GLOBAL FLYBRIDGE YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 23 GLOBAL SPORTS YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 24 GLOBAL LONG RANGE YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 25 GLOBAL OTHER YACHTS MARKET 2023-2029 ($ BILLION)
- EXHIBIT 26 INCREMENTAL GROWTH BY APPLICATION 2023 & 2029
- EXHIBIT 27 MARKET SHARE BY APPLICATION 2023 & 2029 (%)
- EXHIBIT 28 GLOBAL PRIVATE YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 29 GLOBAL COMMERCIAL YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 30 INCREMENTAL GROWTH BY SEGMENT 2023 & 2029
- EXHIBIT 31 MARKET SHARE BY SIZE 2023 & 2029 (%)
- EXHIBIT 32 GLOBAL 20 TO 50 METERS YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 33 COUNTRIES WITH THE HIGHEST GDPS IN 2024 ($ BILLION)
- EXHIBIT 34 GLOBAL UP TO 20 METERS YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 35 GLOBAL ABOVE 50 METERS YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 36 INCREMENTAL GROWTH BY HULL TYPE 2023 & 2029
- EXHIBIT 37 MARKET SHARE BY HULL TYPE 2023 & 2029 (%)
- EXHIBIT 38 GLOBAL MONOHULL YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 39 GLOBAL DISPLACEMENT HULL YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 40 GLOBAL PLANING HULL YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 41 GLOBAL MULTIHULL YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 42 GLOBAL SPECIALIZED HULL YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 43 INCREMENTAL GROWTH BY GEOGRAPHY 2023 & 2029
- EXHIBIT 44 MARKET SHARE BY REGION 2023 & 2029 (%)
- EXHIBIT 45 INCREMENTAL GROWTH BY REGION 2023 - 2029 ($ BILLION)
- EXHIBIT 46 EUROPE YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 47 INCREMENTAL GROWTH IN EUROPE 2023 & 2029
- EXHIBIT 48 HNWIS ($1M+) & UHNWIS ($30M+) IN ITALY
- EXHIBIT 49 ITALY YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 50 HNWIS ($1M+) & UHNWIS ($30M+) IN FRANCE
- EXHIBIT 51 FRANCE YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 52 HNWIS ($1M+) & UHNWIS ($30M+) IN GERMANY
- EXHIBIT 53 GERMANY YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 54 HNWIS ($1M+) & UHNWIS ($30M+) IN UK
- EXHIBIT 55 UK YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 56 HNWIS ($1M+) & UHNWIS ($30M+) IN SPAIN
- EXHIBIT 57 SPAIN YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 58 HNWIS ($1M+) & UHNWIS ($30M+) IN GREECE
- EXHIBIT 59 GREECE YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 60 NETHERLANDS YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 61 HNWIS ($1M+) & UHNWIS ($30M+) IN POLAND
- EXHIBIT 62 REST OF EUROPE YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 63 MARKET SHARE IN NORTH AMERICA BY COUNTRIES 2023 & 2029 (%)
- EXHIBIT 64 NORTH AMERICA YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 65 INCREMENTAL GROWTH IN NORTH AMERICA 2023 & 2029
- EXHIBIT 66 HNWIS ($1M+) & UHNWIS ($30M+) IN US
- EXHIBIT 67 US YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 68 HNWIS ($1M+) & UHNWIS ($30M+) IN CANADA
- EXHIBIT 69 CANADA YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 70 MARKET SHARE IN APAC BY COUNTRIES 2023 & 2029 (%)
- EXHIBIT 71 APAC YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 72 INCREMENTAL GROWTH IN APAC 2023 & 2029
- EXHIBIT 73 HNWIS ($1M+) & UHNWIS ($30M+) IN CHINA (MAINLAND)
- EXHIBIT 74 HNWIS ($1M+) & UHNWIS ($30M+) IN HONG KONG SAR
- EXHIBIT 75 CHINA YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 76 HNWIS ($1M+) & UHNWIS (US$30M+) IN THAILAND
- EXHIBIT 77 THAILAND YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 78 HNWIS ($1M+) & UHNWIS ($30M+) IN SINGAPORE
- EXHIBIT 79 SINGAPORE YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 80 HNWIS ($1M+) & UHNWIS ($30M+) IN AUSTRALIA
- EXHIBIT 81 AUSTRALIA YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 82 HNWIS ($1M+) & UHNWIS ($30M+) IN JAPAN
- EXHIBIT 83 JAPAN YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 84 INDONESIA YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 85 MALAYSIA YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 86 HNWIS ($1M+) & UHNWIS ($30M+) IN VIETNAM
- EXHIBIT 87 VIETNAM YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 88 HNWIS ($1M+) & UHNWIS ($30M+) IN INDIA
- EXHIBIT 89 REST OF APAC YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 90 MARKET SHARE IN MEA BY COUNTRIES 2023 & 2029 (%)
- EXHIBIT 91 MIDDLE EAST & AFRICA YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 92 INCREMENTAL GROWTH IN MIDDLE EAST & AFRICA 2023 & 2029
- EXHIBIT 93 HNWIS ($1M+) & UHNWIS (US$30M+) IN UAE
- EXHIBIT 94 UAE YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 95 HNWIS ($1M+) & UHNWIS ($30M+) IN SAUDI ARABIA
- EXHIBIT 96 SAUDI ARABIA YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 97 QATAR YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 98 HNWIS ($1M+) & UHNWIS ($30M+) IN TURKEY
- EXHIBIT 99 TURKEY YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 100 KUWAIT YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 101 HNWIS ($1M+) & UHNWIS ($30M+) IN EGYPT
- EXHIBIT 102 EGYPT YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 103 HNWIS ($1M+) & UHNWIS ($30M+) IN SOUTH AFRICA
- EXHIBIT 104 SOUTH AFRICA YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 105 REST OF MIDDLE EAST & AFRICA YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 106 MARKET SHARE IN LATIN AMERICA BY COUNTRIES 2023 & 2029 (%)
- EXHIBIT 107 LATIN AMERICA YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 108 INCREMENTAL GROWTH IN LATIN AMERICA 2023 & 2029
- EXHIBIT 109 HNWIS ($1M+) & UHNWIS ($30M+) IN BRAZIL
- EXHIBIT 110 BRAZIL YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 111 HNWIS ($1M+) & UHNWIS ($30M+) IN MEXICO
- EXHIBIT 112 MEXICO YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 113 HNWIS ($1M+) & UHNWIS ($30M+) IN ARGENTINA
- EXHIBIT 114 ARGENTINA YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 115 CHILE YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 116 REST OF LATIN AMERICA YACHT MARKET 2023-2029 ($ BILLION)
- EXHIBIT 117 KEY CAVEATS
