Reports

Global Leisure Boat Market to Grow at a CAGR of 5.1% During the Forecast Period of 2024-2032, Aided by the Rising Tourism Industry

Sale

Leisure Boat Market

Global Leisure Boat Market Size, Share, Industry, Forecast: By Type: New Leisure Boat, Used Leisure Boat, Monitoring Equipment; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Competitive Landscape; 2024-2032

Global Leisure Boat Market Outlook

The global leisure boat market stood at a value of more than USD 43.30 billion in 2023. The market is further expected to grow at a CAGR of 5.1% in the forecast period of 2024-2032 to attain a value of over USD 67.71 billion by 2032.

 

Heightened Demand for Used Motorised Boats to Augment the Global Leisure Boat Industry

Based on type, the used motorised boats segment is predicted to hold a significant market share in the leisure marine industry. The segment growth can be attributed to the increased demand for pleasure boats among consumers owing to the increasing interest in fishing and marine tourism activities, coupled with the rising disposable incomes. In addition, used motorised boats can be rented for the duration of the trip, as leisure boats are expensive. These factors are expected to contribute to the overall market growth in the forecast period.

 

Global Leisure Boat Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Europe to Occupy a Significant Market Share in the Global Leisure Boat Industry

Europe is predicted to possess a significant share of the leisure boat industry in the forecast period. This can be attributed to the heightened investments in the development of the marine transportation industry. In addition, the high purchasing power and the improved living standards are also driving consumers to invest in travelling and tourism activities. Moreover, the increasing focus on the integration of digital solutions in leisure boats to enhance the travelling experience of consumers is also expected to aid the industry.

 

Leisure Boat Industry Definition and Segmentation

Leisure boats are boats that are used for Leisure boating for entertainment and tourism activities. These boats can be motorised and non-motorised and include sailboats, towboats, jet boats, cabin cruisers, and watercraft. They are utilised for activities, such as boating, sailing, and fishing. Some leisure boats also offer special accommodation cabins that are spacious and luxurious, offering necessary amenities.

 

Global Leisure Boat Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

By type, the market is divided into:

  • New Leisure Boat
    • Motorised 
    • Non-Motorised
  • Used Leisure Boat 
    • Motorised/Power Boat
    • Non-Motorised Boat
  • Monitoring Equipment
    • Boat and Yacht Monitoring Solutions 
    • IoT Sensors
    • Telematics Solutions 
    • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Increased Travelling Activities and the Rapid Technological Advancements to Provide Lucrative Opportunities for the Expansion of the Global Leisure Boat Industry

The increased interest in water-based tourism and sports activities among consumers is projected to bolster the market growth in the forecast period. This can be attributed to the inflating disposable incomes, improved living standards, and the growing consumer expenditure on leisure activities. In addition, the rising capital expenditure in the boating industry to support travelling and tourism activities is also predicted to aid the market growth. Moreover, rapid technological advancements, such as the integration of IoT sensors, machine learning (ML), and artificial intelligence (AI) solutions to assist in monitoring and navigation, are also expected to drive the industry growth. Furthermore, with rising eco-consciousness, the leading market players are increasingly investing in the development of sustainable boating solutions, such as solar powered boats, which, in turn, is estimated to favour the market growth in the coming years.

 

Global Leisure Boat Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Key Industry Players in the Global Leisure Boat Market

The report gives a detailed analysis of the following key players in the global leisure boat market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Azimut Yachts Montenegro
  • Baja Marine
  • Bavaria Yachtbau GmbH
  • Ferretti Group
  • Brunswick Corporation
  • Fountain Powerboats
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Region
Breakup by Type
  • New Leisure Boat
  • Used Leisure Boat
  • Monitoring Equipment
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Azimut Yachts Montenegro
  • Baja Marine
  • Bavaria Yachtbau GmbH
  • Ferretti Group
  • Brunswick Corporation
  • Fountain Powerboats
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface  
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Leisure Boat Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Leisure Boat Historical Market (2018-2023) 
    8.3    Global Leisure Boat Market Forecast (2024-2032)
    8.4    Global Leisure Boat Market by Type
        8.4.1    New Leisure Boat
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
            8.4.1.3    Breakup by Type
                8.4.1.3.1    Motorised 
                    8.4.1.3.1.1     Historical Trend (2018-2023)
                    8.4.1.3.1.2     Forecast Trend (2024-2032)
                8.4.1.3.2    Non-Motorised
                    8.4.1.2.1.1    Historical Trend (2018-2023)
                    8.4.1.2.1.2    Forecast Trend (2024-2032)
        8.4.2    Used Leisure Boat
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
            8.4.2.3    Breakup by Type
                8.4.2.3.1    Motorised/ Power Boat 
                    8.4.2.3.1.1     Historical Trend (2018-2023)
                    8.4.2.3.1.2     Forecast Trend (2024-2032)
                8.4.2.3.2    Non-Motorised Boat 
                    8.4.2.3.2.1    Historical Trend (2018-2023)
                    8.4.2.3.2.2    Forecast Trend (2024-2032)
        8.4.3    Monitoring Equipment
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
            8.4.3.3    Breakup by Type
                8.4.3.3.1    Boat and Yacht Monitoring Solutions 
                    8.4.3.3.1.1     Historical Trend (2018-2023)
                    8.4.3.3.1.2     Forecast Trend (2024-2032)
                8.4.3.3.2    IOT Sensors
                    8.4.3.3.2.1    Historical Trend (2018-2023)
                    8.4.3.3.2.2    Forecast Trend (2024-2032)
                8.4.3.3.3    Telematics Solutions
                    8.4.3.3.3.1    Historical Trend (2018-2023)
                    8.4.3.3.3.2    Forecast Trend (2024-2032)
                8.4.3.3.4    Others
    8.5    Global Leisure Boat Market by Region       
        8.5.1    North America
            8.5.1.1    Historical Trend (2018-2023) 
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Europe
            8.5.2.1    Historical Trend (2018-2023) 
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Asia Pacific
            8.5.3.1    Historical Trend (2018-2023) 
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Latin America
            8.5.4.1    Historical Trend (2018-2023) 
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Middle East and Africa
            8.5.5.1    Historical Trend (2018-2023) 
            8.5.5.2    Forecast Trend (2024-2032) 
9    North America Leisure Boat Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Leisure Boat Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Leisure Boat Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Leisure Boat Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Leisure Boat Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Azimut Yachts Montenegro
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Baja Marine
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Bavaria Yachtbau GmbH
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Ferretti Group
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Brunswick Corporation
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Fountain Powerboats
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Leisure Boat Market: Key Industry Highlights, 2018 and 2032
2.    Global Leisure Boat Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Leisure Boat Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Leisure Boat Historical Market: Breakup by Region (USD Billion), 2018-2023
5.    Global Leisure Boat Market Forecast: Breakup by Region (USD Billion), 2024-2032
6.    North America Leisure Boat Historical Market: Breakup by Country (USD Billion), 2018-2023
7.    North America Leisure Boat Market Forecast: Breakup by Country (USD Billion), 2024-2032
8.    Europe Leisure Boat Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    Europe Leisure Boat Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Asia Pacific Leisure Boat Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Asia Pacific Leisure Boat Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Latin America Leisure Boat Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Latin America Leisure Boat Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Middle East and Africa Leisure Boat Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Middle East and Africa Leisure Boat Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Global Leisure Boat Market Structure

Key Questions Answered in the Report

What was the global leisure boat market size in 2023?

In 2023, the global leisure boat market attained a value of more than USD 43.30 billion.

What is the growth rate of the market?

The market is projected to grow at a CAGR of 5.1% between 2024 and 2032.

What is the forecast outlook of the market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach over USD 67.71 billion by 2032.

What are the major industry drivers?

The major drivers of the industry, such as the increased consumer expenditure on water-based activities for recreational purposes, rising interest in fishing and marine tourism, increased adoption of technological solutions, rising disposable incomes, and improved living standards of consumers, are expected to aid the market growth.

What are the key industry trends of the global leisure boat market?

The key market trends guiding the growth of the industry include the rising travelling activities.

What are the major regional markets of leisure boat, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the significant types of the product?

The significant types include new leisure boat, used leisure boat, and monitoring equipment.

Who are the key industry players, according to the report?

The major players in the industry are Azimut Yachts Montenegro, Baja Marine, Bavaria Yachtbau GmbH, Ferretti Group, Brunswick Corporation, Fountain Powerboats, and others.

Analyst Review

The global leisure boat market attained a value of more than USD 43.30 billion in 2023, driven by the increased investments in the boating sector. Aided by the rapid technological advancements, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.1%. The market is projected to reach over USD 67.71 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the market can be distributed into new leisure boat, used leisure boat, and monitoring equipment. The major regional markets for leisure boat are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Azimut Yachts Montenegro, Baja Marine, Bavaria Yachtbau GmbH, Ferretti Group, Brunswick Corporation, Fountain Powerboats, and others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
Buy Now

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER