The global small boats market reached a value of more than USD 34.60 Billion in 2025. The industry is further expected to grow at a CAGR of about 10.80% in the forecast period of 2026-2035 to reach a value of over USD 96.49 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
10.8%
Value in USD Billion
2026-2035
*this image is indicative*
Due to the robust growth of the marine infrastructure in Europe, the region is anticipated to be one of the leading regions for small boat market during the forecast period. The growing popularity of recreational fishing is expected to help boost the regional market growth. The proliferation of the travel and tourism industry in European countries has led to higher production and distribution of motorboats, water sports equipment and services.
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Further, the supportive government policies are positively influencing the demand for recreational water activities across the region, thereby boosting the market growth. In addition, the public authorities are launching various projects to promote recreational boating and spread awareness related to water sports activities. Meanwhile, the North America market is expected to be driven by the United States and Canadian governments' increased spending on small boats for defence and maritime surveillance operations. The market in the Asia Pacific, on the other hand, is expected to grow rapidly due to the rapidly developing marine tourist industry in the region.
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Small boats are defined as vessels that are used as a mode of transportation and for recreational purposes. The boats are different from ships in terms of various factors such as size, construction and design, operational areas, cargo capacities, and navigation technology, among others. In terms of operational areas, boats are operable in smaller or restricted water areas, including ferrying and towing vessels, sail vessels, paddle vessels, and others.
By product type, the market is divided into:
The significant applications in the market are:
The various materials in the market are:
The regional markets for the small boats can be divided into:
Within countries with long coasts, fishing and aquaculture are essential primary sector activities. Small boats are necessary pieces of equipment for fishing villages to maintain their livelihoods. Fishing activities have accelerated in recent years as demand for fish-derived products, such as fish oil, has risen significantly around the world. Therefore, over the next decade, the expansion of fishing and fisheries is expected to hasten the adoption of small-size boats among fish farmers and fishing companies.
Small boating is expected to become even more popular as autonomous maritime technology advances, consequently aiding the market growth. The existence of a large number of producers in this well-integrated and fragmented industry assures a consistent supply of small boats to meet the global demand. The expansion of the market for boat manufacturers has been aided by the increase in online boat sales. Online boat sales also reduce dealership costs and make the bulk of these boats more affordable. All these factors are expected to result in an increase in demand for small boats, thereby boosting the market growth.
The report gives a detailed analysis of the following key players in the global small boats market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
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In 2025, the global small boats market attained a value of more than USD 34.60 Billion.
The market is projected to grow at a CAGR of 10.80% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach over USD 96.49 Billion by 2035.
The major drivers of the market include the supportive government policies, increased spending on small boats for defence and maritime surveillance operations, technological advancement, and increase in online boat sales.
The rapid growth in fishing activities and pleasure riding and proliferation of the travel and tourism industry are the key industry trends propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major product types in the market are powered boat, sail boat, and personal watercraft, among others.
The significant applications of the market are pleasure, fishing, and defence, among others.
The various materials used in the market are fibreglass, metal, wood, and inflatable, among others.
The major players in the industry are Beneteau SA, Marine Products Corporation, Brunswick Corporation, Yamaha Motor Co., Ltd., MasterCraft Boat Company, Inc., Sunseeker International, Malibu Inc., Ferretti S.p.A, Crestliner Inc., and Bavaria Yachtbau GmbH, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Application |
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| Breakup by Material |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| 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. |
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