Catamarans Global Market Report 2024

Description

“Catamarans Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on catamarans market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for catamarans? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The catamarans market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Product: Sailing Catamarans; Powered Catamarans
2) By Size: Small(below 15m); Medium(15m-30m); Large(above 30m)
3) By Application: Leisure; Commercial; Defense; Others
Companies Mentioned: African Cats B V; Voyage Yachts Ltd.; Bavaria Yachtbau GmbH; Catana Group SA; Seawind Group Holdings Pty Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

A catamaran is a vessel characterized by two parallel hulls linked by a deck or bridge, offering exceptional stability and speed while navigating waterways. These boats find primary use in sports and recreational activities.

The main categories of catamarans are sailing catamarans and powered catamarans. Sailing catamarans are sailboats featuring two hulls parallel to each other, connected by a deck. They come in various sizes categorized as small (below 15 meters), medium (15 meters to 30 meters), and large (above 30 meters), serving purposes such as leisure activities, commercial use, defense applications, and other miscellaneous uses.

The catamarans market research report is one of a series of new reports from The Business Research Company that provides catamarans market statistics, including catamarans industry global market size, regional shares, competitors with a catamarans market share, detailed catamarans market segments, market trends and opportunities, and any further data you may need to thrive in the catamarans industry. This catamarans market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The catamarans market size has grown strongly in recent years. It will grow from $1.43 billion in 2023 to $1.53 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. During the historical period, the growth in the catamaran industry can be attributed to several factors including the increasing popularity of leisure and recreational boating, rising trends in cruising and chartering, competitive sailing and racing events, the appeal of luxury yachting and marine tourism, as well as the recognized advantages offered by multihull vessels.

The catamarans market size is expected to see strong growth in the next few years. It will grow to $1.96 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. Anticipated growth in the upcoming period is expected to be driven by several factors, including a heightened interest in sustainable boating practices, ongoing innovations in design and materials used in catamarans, the emergence of niche markets within the industry, increased affordability and accessibility of catamaran vessels, as well as the growth of marine tourism in emerging regions. Key trends projected in the forecast period encompass the popularity of racing catamarans and competitive sailing events, the expansion of charter and rental services catering to catamaran enthusiasts, advancements in navigation and control systems for improved vessel performance, the development of compact and trailerable catamarans for ease of transportation, and the expansion of the global market for catamaran products and services.

The catamaran market is experiencing growth driven by an increase in cruising activities. Cruising, typically undertaken for pleasure or vacation purposes, involves traveling on a ship or boat, often stopping at various ports or destinations. Catamarans have become a popular choice for cruising, combining the freedom of sailing with the comfort and amenities associated with conventional cruise ships. The rising trend in cruising is evident in statistics from February 2022, indicating a global increase in ocean cruise passenger capacity to 581,200 across 323 ships by the end of 2021. According to Prosertek, a Europe-based harbor equipment and machinery manufacturer, there was a 96% year-on-year increase in the number of passengers on cruise ships in 2021, reaching a total of 13.9 million. This surge in cruising activities is a key driver propelling the growth of the catamaran market.

The growth of the catamaran market is further fueled by the increasing participation in water sports activities. Water sports encompass a diverse range of recreational activities conducted on or in the water, offering enthusiasts a sensational and relaxing experience. Catamarans are well-suited for water sports activities, providing opportunities for sunbathing, swimming, snorkeling, kayaking, and stand-up paddleboarding. According to the Royal Yachting Association's annual Watersports Participation Survey in June 2022, approximately 11.8 million people participated in one or more boating activities in 2021, nearly doubling from the previous year. This substantial increase in water sports activities contributes significantly to the growth of the catamaran market.

Product innovation emerges as a key trend driving growth in the catamaran market, with major players focusing on developing new technologies and solutions to enhance environmental sustainability and efficiency. For instance, in March 2023, Alva Yachts GMBH, a German-based electric luxury yacht brand specializing in solar-driven catamarans, launched the Ocean Eco 78. This 23.7-meter multihull yacht features electric propulsion and a transatlantic range. Its expansive roof integrates solar panels, providing a transatlantic range and virtually unlimited autonomy. With solar cells generating up to 26 kW and a battery bank capacity of up to 490 kWh, this innovation showcases the industry's commitment to reducing environmental impact and advancing technological capabilities in the catamaran market.

Major companies in the catamaran market are strategically focusing on the introduction of next-generation products, particularly eco-friendly catamarans, to establish a competitive advantage. Eco-friendly catamarans are specifically designed with a strong emphasis on sustainability and minimizing environmental impact. An example of this commitment is demonstrated by The Italian Sea Group, an Italy-based company in the yachting industry. In September 2023, they launched the S/Y Art Explorer, marking the first sailing catamaran in the Perini Navi fleet, an Italian yacht manufacturer. The Art Explorer project reflects a two-year initiative dedicated to environmental awareness and creative experiences worldwide. Notably, the catamaran features an all-carbon sail plan with a 55-meter mast and incorporates 65 square meters of solar panels on the deckhouse roof. These solar panels boast a 12-kW peak power output and can store over 200 kW of energy daily. The integration of a lithium battery bank ensures continuous power, allowing the catamaran to operate at full capacity for over six hours with zero emissions.

In May 2023, Nimbus Group, a Swedish boat manufacturer, made a strategic move by acquiring Edge Water Powerboats for $9.5 million. This acquisition enables Nimbus Group to expand its footprint in the US market and diversify its product offerings for customers. Edge Water Powerboats, a US-based manufacturer specializing in outboard-powered center console saltwater boats, including catamarans, adds to Nimbus Group's product portfolio and enhances production capacity in the US. This strategic acquisition aligns with Nimbus Group's growth objectives and strengthens its position in the competitive catamaran market.

Major companies operating in the catamarans market report are African Cats B V, Voyage Yachts Ltd., Bavaria Yachtbau GmbH, Catana Group SA, Seawind Group Holdings Pty Ltd., Outremer Catamarans, Fountaine Pajot SA, LeisureCat & AussieCat, Robertson & Caine Ltd., Matrix Yachts Ltd., Catathai Co. Ltd., Lagoon Catamarans, Incat Crowther Pty Ltd., Craig Loomes Design Group ltd., Aresa Shipyard SL, Leopard Catamarans, Beneteau SA, Nautitech Catamaran, Privilege Catamarans, Antares Catamarans, Gemini Catamarans, Kinetic Catamarans, Aquila Inc., Baraca Planet S.L., Pedigree Cats Inc., Scape Yachts, The Matrix, Travelopia Group, Nichols Brothers Boat Builders LLC, Corinthian Yachts Inc., World Cat Ltd., Alumarine Shipyard, iXblue SAS .

Europe was the largest region in the Catamarans market in 2023. The regions covered in the catamarans market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the catamarans market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The catamaran market consists of sales of pontoon and small waterplane area twin hull. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r10827

1. Executive Summary

2. Catamarans Market Characteristics

3. Catamarans Market Trends And Strategies

4. Catamarans Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Catamarans Market Size and Growth

5.1. Global Catamarans Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Catamarans Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Catamarans Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Catamarans Market Segmentation

6.1. Global Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Sailing Catamarans
Powered Catamarans
6.2. Global Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Small(below 15m)
Medium(15m-30m)
Large(above 30m)
6.3. Global Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Leisure
Commercial
Defense
Other Applications

7. Catamarans Market Regional And Country Analysis

7.1. Global Catamarans Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Catamarans Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Catamarans Market

8.1. Asia-Pacific Catamarans Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Catamarans Market

9.1. China Catamarans Market Overview
9.2. China Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Catamarans Market

10.1. India Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Catamarans Market

11.1. Japan Catamarans Market Overview
11.2. Japan Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Catamarans Market

12.1. Australia Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Catamarans Market

13.1. Indonesia Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Catamarans Market

14.1. South Korea Catamarans Market Overview
14.2. South Korea Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Catamarans Market

15.1. Western Europe Catamarans Market Overview
15.2. Western Europe Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Catamarans Market

16.1. UK Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Catamarans Market

17.1. Germany Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Catamarans Market

18.1. France Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Catamarans Market

19.1. Italy Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Catamarans Market

20.1. Spain Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Catamarans Market

21.1. Eastern Europe Catamarans Market Overview
21.2. Eastern Europe Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Catamarans Market

22.1. Russia Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Catamarans Market

23.1. North America Catamarans Market Overview
23.2. North America Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Catamarans Market

24.1. USA Catamarans Market Overview
24.2. USA Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Catamarans Market

25.1. Canada Catamarans Market Overview
25.2. Canada Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Catamarans Market

26.1. South America Catamarans Market Overview
26.2. South America Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Catamarans Market

27.1. Brazil Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Catamarans Market

28.1. Middle East Catamarans Market Overview
28.2. Middle East Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Catamarans Market

29.1. Africa Catamarans Market Overview
29.2. Africa Catamarans Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Catamarans Market, Segmentation By Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Catamarans Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Catamarans Market Competitive Landscape And Company Profiles

30.1. Catamarans Market Competitive Landscape
30.2. Catamarans Market Company Profiles
- 30.2.1. African Cats B V
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Voyage Yachts Ltd.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Bavaria Yachtbau GmbH
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Catana Group SA
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Seawind Group Holdings Pty Ltd.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Catamarans Market Competitive Benchmarking

32. Global Catamarans Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Catamarans Market

34. Catamarans Market Future Outlook and Potential Analysis

34.1 Catamarans Market In 2028 - Countries Offering Most New Opportunities
34.2 Catamarans Market In 2028 - Segments Offering Most New Opportunities
34.3 Catamarans Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer