PUBLISHER: Value Market Research | PRODUCT CODE: 1377891
PUBLISHER: Value Market Research | PRODUCT CODE: 1377891
The global demand for Leisure Boat Market is presumed to reach the market size of nearly USD 70.69 BN by 2030 from USD 43.69 BN in 2022 with a CAGR of 6.2% under the study period 2023 - 2030.
A leisure boat, also known as a recreational boat or pleasure boat, is a type of watercraft primarily designed for recreational and leisure activities on the water. Unlike commercial or industrial vessels, these boats are typically used for enjoyment, relaxation, and various water-based recreational activities.
The Leisure boat market is thriving due to several key drivers that make recreational boating a popular and sought-after activity. Rising disposable incomes enable more individuals and families to invest in leisure activities, including boat ownership. The growing interest in outdoor recreation, water sports, and adventure on the water drives demand for leisure boats. Tourism and urbanization contribute to boat ownership, as waterfront destinations and coastal communities create a demand for leisure boats. Boat rental services make boating accessible to a broader audience, fostering interest in water-related activities. Innovations in boat design and technology, alongside eco-friendly options, attract both novice and experienced boaters. Government initiatives, cultural factors, and lifestyle preferences further promote boating culture, while recreational fishing enthusiasts fuel the demand for specialized fishing boats. The ability to personalize and customize boats and the desire for adventure and exploration encourages leisure boat ownership.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of leisure boat. The growth and trends of leisure boat industry provide a holistic approach to this study.
This section of the leisure boat market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Leisure Boat market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Leisure Boat market include Avon Marine, Azimut Benetti Group, Baja Marine, Bavaria Yachtbau GmbH, Bombardier Recreational Products (BRP) Inc., Brunswick Corporation, Chaparral Boats, Inc., Farr Yacht Design, Ltd., Ferretti S.P.A., Fountain Powerboats, Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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