used sailboat market forecast

Boat Price Trends

• On August 15, 2023
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The boating industry saw unprecedented growth during the COVID-19 pandemic as people sought outdoor recreational activities. This led to surging demand and rising prices for new and used boats from 2020-2022. As we move into 2023, many boat buyers wonder – will boat prices go down in 2023 or continue to rise?

Factors Impacting Boat Prices

Several key factors will determine when or if the boat market will crash or remain high in 2023 and 2024:

• Supply Chain Issues  – Shortages of materials like fiberglass along with labor shortages have constrained production. As supply chain problems persist, boat prices will stay elevated.
• High Inflation  – With inflation at 40-year highs, the rising costs of materials, labor, transport will keep upward pressure on boat prices.
• Interest Rates  – Higher interest rates make financing more expensive, potentially dampening demand and prices.
• Consumer Demand  – Demand soared during COVID but may moderate with economic uncertainty. Still, new boat buyers entering the market could sustain demand.
• Price of Oil  – As a key component in fiberglass, rising oil prices directly impact boat production costs and prices.

Further reading that’s worth your time: The Best Place To Buy A Used Boat .

Our Forecast for 2023-2024

New boat price trends.

Due to the above factors, most industry experts predict new boat prices will remain high rather than decrease in 2023 and 2024. Some key new boat price trends:

• New boat prices increased 10% on average in 2022 and are forecast to rise another 2-5% in 2023.
• Popular brands and models may have waitlists extending into 2024, sustaining high prices.
• As supply chain issues ease, price growth may moderate but overall remain elevated over pre-pandemic levels.

Used Boat Price Trends

Used boat prices are also expected to remain relatively high in 2023 and potentially 2024:

• Limited inventory has driven intense demand in the used boat market since 2020.
• This shortage of used boat inventory will persist, creating upward price pressure.
• Well-maintained used boats can sell for 50-80% of their original retail price depending on age.
• For context, a 5 year old 25-foot center console that originally sold for $100K can fetch $60-80K on the used market.

The Outlook for 2024 and Beyond

In 2024 and beyond, broader economic conditions will determine if boat prices moderate. But key factors suggest prices will remain strong:

• Pent-up demand from the pandemic has introduced many new buyers to boating who will remain in the market.
• Florida’s continuously growing population increases local demand for boats.
• Boating interest continues to grow nationally, bringing new entrants.

Our Final Thoughts

Barring an economic downturn, which is still in the forecast for many economists, boat prices are likely to plateau at elevated levels rather than return to pre-pandemic pricing. Savvy buyers should watch for potential sales and incentives during boat shows and end-of-season clearances to get the best deals.

But overall, boat prices will remain high compared to historical levels for the remainder of 2023.

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Steve Momot

Steve is an accomplished professional photographer and marketer who specializes in the Fishing, Yacht, and Boating industry. With a strong presence as an influencer and marketing expert in the Marine Industry, he has made a significant impact in the field. Additionally, Steve is the original creator and co-founder of Sportfishtrader. Prior to his career as a marine photographer, he gained extensive experience as a licensed boat and car dealer in South Florida.

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Sailboat Market

Sailboat market report by hull type (monohull, multi-hull), length (up to 20 ft, 20-50 ft, above 50 ft), and region 2024-2032.

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Market Overview:  

The global sailboat market size reached US$ 6.2 Billion in 2023 . Looking forward, IMARC Group expects the market to reach US$ 7.9 Billion by 2032 , exhibiting a growth rate (CAGR) of 2.79 % during 2024-2032 . The rising focus on eco-friendly transportation methods, increase in water-based tourism, favorable government policies, increasing disposable income of the people, rising accessibility of sailboats, growing modernization and customization of sailboats are some of the major factors propelling the market.

A sailboat is a type of watercraft primarily propelled by sails, offering a mode of maritime travel and recreation. The essential components of a sailboat include a hull, one or more sails, a mast, rigging, and a rudder for navigation. Fiberglass, wood, and metals like aluminum are some of the materials used for the construction of sailboat. They are used for leisurely sailing, competitive racing, educational training and small-scale commercial use. The benefits of using a sailboat include environmental sustainability, as it relies mostly on wind power, thus minimizing fuel consumption and emissions.

The increasing modernization in sailboat design is leading to more efficient and easy-to-navigate boats, and this is attracting a broader consumer base which is fostering the demand for the market. Besides this, the rising focus on eco-friendly transportation methods is bolstering the attractiveness of sailboats, which rely primarily on wind power. In line with this, a surge in water-based tourism and recreational sailing is encouraging new investments and innovations in the market. Moreover, economic stability and growing disposable income of consumers enable more people to invest in leisure activities like sailing which is providing an impetus to the market growth. In addition to this, various governments are offering subsidies and tax incentives to promote the sailboat industry, especially those focused on sustainable practices, which is acting as another growth-inducing factor. Other factors, such as the increased accessibility of sailboats and international sailing competitions are supporting the market growth.

Sailboat Market Trends/Drivers:

Surge in water-based tourism

The surge in water-based tourism is indeed a pivotal factor driving the sailboat market. This increase is attributable to multiple elements, such as enhanced consumer spending on leisure activities, evolving tourism landscapes, and a heightened focus on eco-friendly travel options. Moreover, water-based tourism, which includes activities like sailing, cruising, and yachting, often acts as a catalyst for new investments and innovations in the sailboat sector. Destinations known for their natural beauty and marine resources become hotspots for sailing enthusiasts, thereby boosting local economies and increasing demand for sailboats, both for rental and purchase. This demand, in turn, stimulates production, innovation, and market expansion.

Favorable government policies and regulations

Government policies and regulations play a significant role in shaping the trajectory of the sailboat market. Some governments provide financial incentives to stimulate domestic production of sailboats. These may include tax breaks for manufacturers, grants for research and development (R&D), and subsidies to lower production costs. These measures help make sailboats more affordable, thereby boosting both supply and demand. In addition to this, the rising number of certifications and safety standards required by governmental agencies to ensure that only high-quality sailboats enter the market, is favoring the market growth. Besides this, governments regulate the operation of sailboats through licensing requirements. While this ensures a standard level of competence and safety, it also generates awareness and interest in sailing, potentially expanding the customer base.

Increasing Health and Wellness Benefits

The increasing awareness of health and wellness benefits associated with sailing is undeniably a notable factor propelling the sailboat market. As society places more emphasis on mental and physical well-being, sailing is being recognized not just as a leisure activity, but also as a holistic form of health improvement. Sailing involves a variety of physical tasks that engage different muscle groups, such as pulling ropes, steering, and balancing. This full-body workout contributes to enhanced physical health, driving more people to take up sailing as a form of exercise. Moreover, sailing is often a communal activity, fostering stronger interpersonal relationships. The social wellness aspect is appealing to families and groups looking for meaningful ways to spend time together, thereby increasing the demand for sailboats.

Sailboat Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global sailboat market report, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on hull type and length.

Breakup by Hull Type:

• Multi-Hull  

Monohull dominate the market

The report has provided a detailed breakup and analysis of the market based on the hull type. This includes monohull, and multi-hull. According to the report, monohull represented the largest segment.

The monohull segment continues to be a significant driver in the sailboat market. Monohulls are generally easier to maneuver, particularly in tight spaces like marinas and narrow waterways. Their straightforward design makes them accessible for sailors of various skill levels, broadening their consumer base. In addition to this, monohulls are versatile vessels that are well-suited for a variety of sailing conditions. Whether it is ocean cruising, competitive racing, or leisurely sailing, monohulls can adapt to a wide array of maritime activities. Besides this, monohulls are cost-effective to manufacture, purchase, and maintain compared to multi-hulled sailboats like catamarans or trimarans. Moreover, monohulls are often perceived as more seaworthy in challenging conditions, especially in rough seas and high winds. Their deep keels offer added stability, a feature that is highly valued by long-distance cruisers and those who undertake oceanic voyages.

Breakup by Length:

• Up to 20 Ft
• Above 50 Ft  

Up to 20 Ft hold the largest share in the market

A detailed breakup and analysis of the market based on the length has also been provided in the report. This includes up to 20 ft, 20-50 ft, and above 50 ft. According to the report, up to 20 ft accounted for the largest market share.

Sailboats up to 20 feet in length are currently dominating the sailboat market due to several key factors. Firstly, these smaller sailboats offer affordability, making them accessible to a broader range of consumers. In addition, their compact size allows for easier storage and transportation, appealing to both seasoned sailors and newcomers alike. Moreover, advancements in sailboat design and materials have improved the performance of these smaller vessels. They are now more maneuverable and responsive, offering an enjoyable sailing experience even in smaller bodies of water. Furthermore, the growing interest in day sailing and weekend getaways has driven the demand for smaller sailboats that are perfect for short trips. Finally, environmental consciousness has played a role in the preference for smaller sailboats, as they typically have a lower carbon footprint compared to larger vessels. 

Breakup by Region:

United States

United kingdom.

• South Korea
• Middle East and Africa  

North America exhibits a clear dominance, accounting for the largest sailboat market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.

North America is currently dominating the region segment of the sailboat market for several compelling reasons. Firstly, the region boasts an extensive coastline and numerous inland waterways, providing ample opportunities for recreational sailing. This geographical advantage has cultivated a strong sailing culture and a large community of sailing enthusiasts. Additionally, North America has a well-developed infrastructure to support the sailboat industry, including marinas, sailing clubs, and boatyards. This infrastructure facilitates boat ownership and encourages individuals to engage in sailing as a leisure activity. Furthermore, the presence of established sailboat manufacturers and a competitive market has driven innovation and product development, resulting in a wide range of sailboat options catering to various preferences and budgets. Lastly, North America's robust economy has provided consumers with the financial means to invest in sailboats, further fueling the region's dominance in the sailboat market.

Competitive Landscape:

Companies in the sailboat industry are employing various strategies and initiatives to drive growth, innovation, and market expansion. These efforts are aimed at attracting new customers, retaining existing ones, and contributing to the overall development of the industry. Collaborations with sailing schools and training centers create a pipeline of new sailors who are potential customers. These partnerships support skill development and familiarity with sailboats. Besides this, companies participate in sailing events, boat shows, and regattas to showcase their products, build brand visibility, and connect with potential customers. In addition to this, leveraging digital platforms and online marketplaces, companies are reaching a wider audience and simplifying the buying process for customers. Apart from this, key players are focusing on the launch of advanced sailboats with automated systems for sail control, navigation, and even self-steering. These systems use sensors, computers, and actuators to optimize sail trim, adjust course, and maintain stability, which is positively influencing the market growth.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

• Arcona Yachts AB
• Bavaria Yachtbau GmbH
• Beneteau Group
• Cantiere del Pardo S.p.A
• Catalina Yachts
• Dufour Yachts
• Fountaine Pajot
• Hallberg-Rassy Varvs AB
• HanseYachts AG

Sailboat Market Report Scope:

Key questions answered in this report:.

• How has the global sailboat market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global sailboat market?
• What is the impact of each driver, restraint, and opportunity on the global sailboat market?
• What are the key regional markets?
• Which countries represent the most attractive sailboat market?
• What is the breakup of the market based on the hull type?
• Which is the most attractive hull type in the sailboat market?
• What is the breakup of the market based on the length?
• Which is the most attractive length in the sailboat market?
• What is the competitive structure of the global sailboat market?
• Who are the key players/companies in the global sailboat market?

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the sailboat market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the global sailboat market.
• The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the sailboat industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market. 

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Statistics for the 2022 India Dairy market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. 

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Capitalizing on the Pre-Owned Boat Market

May 3, 2022

Capitalizing on the Pre-Owned Market

We’re almost halfway through the year, and the maritime business has changed dramatically. It all began in 2021 when we noticed a trend of new boaters capitalizing on the pre-owned boat market. Many supply chain concerns are producing a backlog in new boat manufacturing, which is an ongoing issue. The problems that arose as a result of the pandemic have had a long-term influence on the industry. We can forecast the future of the used boat market based on previous occurrences and current conditions.

(Source: Vecteezy)

Predictions for The Future

As more boats reach the market in 2022, we should predict a rapid increase in pre-owned boat sales. Those who bought during the pandemic in 2019-2020 are now selling, driving the surge. After a few years of turmoil, most people are ready to downsize, and the market to sell your boat is back in full swing. Second, due to increased demand, used boat prices are rising, allowing many owners to take advantage of the hot market and make a larger profit on their used boats than in previous years.

During the pandemic, recreational boating exploded, and it continues to do so as the seasons change. In the warmer states, there is more activity on the waterways than in the past. Those who purchased boats are hoping to use them this season!

Capitalizing on Pre-Owned Boats

If you’re not interested in buying a used boat, keep in mind that a new boat’s production time is still years away. Because boat manufacturers have limited inventory, the new product is pre-sold and shipped to the consumer. This means that there is very little inventory left for other purchasers. You can expect a new boat to be completed in 2023 or 2024 if you commission one now. With boating season on the horizon, this isn’t exactly what you want to hear.

Consider whether you’d rather wait years for a boat and miss out on all the experiences you could have made, or go for a near-new boat that will get you on the water sooner.

Where to find quality pre-owned boats?

In today’s market, it’s difficult to believe that you’re getting a good deal on a good boat. It’s tough to tell if the vessel has any severe issues that would prevent a buyer on your own. At Off the Hook, we take care of everything for you, reducing your worry and saving you time. Because we know what our clients want, our purchasing agents only buy the best-used boats that are water ready and in excellent shape. We have a range of pre-owned boats available on our website under the current inventory . Bowriders, center consoles, sportfish boats, motor yachts, superyachts, and cabin cruisers are among the boats we offer.

Looking to make a quick profit on your used boat? Fill out this form and a boating expert on our team will contact you. We’ll make you a cash offer on your boat today!

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Sailboat Market

Global Sailboat Market Research Report: By Hull Type (Monohull, Multi-hull), By Length (Up to 20ft., 20-50 ft., Above 50 ft.), and By Region (North America, Europe, Asia-Pacific, and Rest of the World) Global Industry Analysis, Size, Share, Growth, Trends, Regional Analysis, Competitor Analysis and Forecast 2024-2032.

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The global sailboat market was valued at USD 3.48 billion in 2023 and is estimated to reach approximately USD 5.20 billion by 2032, at a CAGR of 4.5% from 2024 to 2032 .

Sailboats combine adventure, relaxation, and expert navigation, making them a popular choice for anyone seeking a leisurely boating experience. Although it was first used centuries ago, the market has developed to provide a wide range of vessels that can be used for different reasons and tastes. Sailboats were originally mostly utilized for transportation, trade, and exploration.

But as boating became more popular as a recreational activity and technology improved, the market expanded to include a wide range of sizes and styles, from sporty dinghies to opulent yachts. The mid-1900s saw the revolutionary introduction of fiberglass building techniques, which revolutionized the sailboat industry and reduced boat maintenance costs. This invention made sailing more accessible and attracted more fans. Concurrently, advancements in rigging, navigation, and safety gear improved sailing and drew a wider range of fans looking for fun or adventure on the water.

The sailboat industry is a dynamic fabric of custom, creativity, and variety. Whether they want the tranquility of a sunset cruise or the adrenaline rush of competitive racing, sailors of all skill levels and interests will find it appealing. Sailing will continue to be an enduring and alluring activity for future generations because of the market's continued evolution, which is embracing cutting-edge technologies and sustainable materials.

SAILBOAT MARKET: REPORT SCOPE & SEGMENTATION

Global Sailboat Market Dynamics

The ebb and flow of the market is influenced by changes in consumer preferences, technology, the state of the economy, and environmental concerns. Market trends frequently show a harmony between history and innovation, with contemporary, high-performance containers coexisting with traditional designs. The market is driven by consumer demand, and different preferences determine which sailboat kinds, sizes, and features are popular.

The simplicity of use, comfort features, environmental sustainability, and performance capabilities are some of the factors that have a big influence on buying decisions. Economic factors that affect market dynamics include interest rates and levels of disposable income. These factors affect both the new boat sales market and the used boat market. The sector is always changing due to technological improvements. Sailboats are more efficient, safer, and perform better because to innovations in materials, manufacturing processes, navigational aids, and safety equipment.

Growing market influence from environmental consciousness has led to the development of eco-friendly materials and propulsion systems, with a focus on sustainability. Global events and legislative changes that affect commerce, manufacturing costs, and supply chains also have an impact on the sailboat industry. Notwithstanding these changes, the market is resilient and continues to adjust to shifting consumer tastes and outside influences, guaranteeing a dynamic and varied environment for both sailing fans and industry participants.

Global Sailboat Driver s

• Technological Advancements

Sailboat performance, safety, and design have all been transformed by advances in materials, manufacturing processes, and navigational aids. Stronger and more nimble vessels are now possible because to the replacement of conventional materials with lightweight, resilient materials like carbon fiber and sophisticated composites. Furthermore, production has been streamlined, increasing productivity and lowering costs thanks to developments in manufacturing techniques like computer-aided design (CAD) and precision engineering.

Sailing is now much safer because of navigation devices like GPS, radar, and advanced onboard computers, which are even more accessible to inexperienced sailors. Furthermore, the sector is placing an increasing emphasis on environmentally responsible practices, as evidenced by the incorporation of sustainable technology like solar power and hybrid propulsion systems. These developments not only satisfy consumers who care about the environment, but they also open the door for sailboats to have a more sustainable future. Technological developments are pushing the limits of sailboat design and functionality all the time, creating safer, more eco-friendly, and ecologically friendly boats that appeal to a wide variety of sailing enthusiasts and stimulating market growth.

• Rising Environmental Consciousness

Sailing boat design and construction are experiencing a rebirth thanks to the increased knowledge among consumers, industry stakeholders, and regulatory organizations. Taking up this philosophy, producers are emphasizing more and more environmentally friendly materials, like recycled or recyclable composites, to lessen the environmental impact of sailboat manufacturing. Propulsion systems are another area where sustainability is being prioritized, as evidenced by the rapid advancement of electric or hybrid engines that run on renewable energy sources like solar or wind power. This lessens sailboats' negative effects on the maritime environment and lessens dependency on fossil fuels, which is in line with the ideals of consumers who care about the environment.

Sailboats are subject to strict environmental regulations throughout their lifetimes thanks to industry efforts to promote proper waste management and disposal techniques. In addition to appealing to customers looking for environmentally friendly products, this all-encompassing strategy helps sailboat makers stand out in the marketplace, comply with changing legal requirements, and promote a more sustainable sailing ecology. Growing consumer demand for environmentally conscious sailing experiences encourages the sailboat sector to innovate and expand its market share by pushing the use of sustainable materials, propulsion technologies, and operating procedures.

Restraints :

• High Manufacturing Costs

Sailboat manufacture entails complex building processes that result in significant labor, material, and technological costs, particularly for bigger or specialized vessels. Specialized metals or high-performance composites are examples of advanced materials that can be expensive, driving up production prices overall. Higher costs are also a result of the artistry needed for complex designs and the consumer's need for customization. Manufacturing costs are further increased by the somewhat narrow nature of the sailboat market and the restricted economies of scale.

Because sailboat manufacturing does not benefit from the mass production benefits enjoyed by other industries, there are fewer chances to spread fixed costs over a higher volume of units. Higher retail prices for sailboats as a result of these increased manufacturing costs would undoubtedly affect accessibility for a wider audience. The initial outlay required to buy a sailboat can be a major barrier for consumers, discouraging new enthusiasts from entering the market. Exorbitant expenses can also stifle innovation by preventing manufacturers from funding R&D for more reasonably priced and effective production techniques.

• Weather and Seasonal Factors

Since sailing operations are inherently dependent on suitable weather, bad weather, storms, or unfavorable conditions can seriously hinder sailing activities. Seasonal variations are particularly important because sailboat demand is typically stronger during particular seasons or in areas with good conditions. Sales become cyclical as a result, reaching their peak in many areas during the hot months and declining during the colder or less suitable weather seasons. These weather-related limitations have a direct effect on sailboats' operational capabilities, limiting their use and sometimes turning off prospective purchasers.

For example, bad weather can limit the number of days that are good for sailing, which affects the total value proposition of owning a sailboat. Moreover, the industry may have less room for expansion in areas with harsh weather patterns or shorter sailing seasons because of limited utility, which would impact both new sales and the secondary market for used boats. Weather-related hazards can also raise insurance premiums and maintenance expenses, which puts more strain on yacht owners' finances. Together, these elements add to the sailboat market's degree of seasonality and unpredictability, which affects customer behavior and the industry's growth trends.

Opportunities :

• Rising Interest in Recreational Activities

A larger audience looking for outdoor experiences and leisure activities is made available to the sailboat industry by the growing interest in recreational activities. Sailing is becoming a more appealing option as people incline more and more toward outdoor, nature-based activities. It provides a perfect balance of excitement, leisure, and discovery. This growing interest is not limited to experienced sailors; it also includes novices who are keen to learn more about sailing. Sailing is appealing because it offers a wide range of experiences to suit different tastes and abilities.

The Experienced sailors are drawn to beginner sailing courses, which offer a convenient way to get started, while more experienced sailors seek out advanced instruction or competitive sailing opportunities. Recreational sailing is becoming more and more popular, which gives sailboat manufacturers and service providers a chance to customize their products to suit this broad market. Some of these products include entry-level sailboats with user-friendly features and reasonable prices. In addition, the growing popularity of adventure and experiential travel increases the opportunity for sailing experiences and encourages partnerships between sailboat operators, tour companies, and hospitality providers to provide distinctive sailing trips and holiday packages.

• Rental and Sharing Economy

By taking advantage of the shared ownership trend, this model makes sailing more affordable and accessible for a larger range of people. Shared access to sailboats is made possible via rental platforms and sailing clubs, giving people who might not want to purchase full ownership a more flexible way to enjoy the sport. The sharing economy approach is advantageous to businesses and consumers alike. It lowers the entrance hurdles for customers, enabling them to experience sailing without having to commit to the cost of boat ownership. Additionally, it is appealing to tourists and sporadic sailors who want to have on-demand access to sailboats for leisure or vacation voyages. Adopting the rental and sharing economy model benefits the industry by creating new revenue sources via sailing clubs, boat rental services, and cooperative agreements with the hospitality and tourism industries. Furthermore, it broadens the market by introducing sailing to more people, thereby fostering future boat owners and enthusiasts who, after enjoying the pleasures of sailing via these platforms, would upgrade to full ownership.

Segment Overview

• By Hull Type

Based on hull type, the global sailboat market is divided into monohull and multi-hull. The monohull category dominates the market with the largest revenue share in 2023. Single-hull sailboats, or boats with a single main body or shell that floats on the water, are what define them. With a single keel that extends beyond the waterline for stability and lateral resistance, these boats feature a conventional design. Many sailors find it both entertaining and challenging to sail monohulls, which are noted for their capacity to heel, or lean to one side. As the name implies, multi-hull sailboats feature many pontoons or hulls that are attached. Catamarans, which have two hulls, and trimarans, which have three hulls, are common configurations and each has its advantages. Generally speaking, multihulls have shallower drafts than monohulls, which makes them more stable and enables them to navigate in shallower seas.

Based on the length, the global sailboat market is categorized into up to 20ft., 20-50 ft., and above 50 ft. The 20-50 ft. category leads the global sailboat market with the largest revenue share in 2023. Sailboats in the 20–50 foot range come in many styles, including mid-sized yachts, racers, and cruisers. This market category offers a wide range of boats that can be used for live aboard, offshore trips, racing, or coastal cruising. They are well-liked for long-term cruising or family sailing since they strike a compromise between reasonable size and enough room for accommodations. Sailboats up to twenty feet in length are usually smaller and go by the name dinghies or day sailors.

They are frequently used for day sailing, education, and leisure activities in protected waters because they are lightweight and simple to tow. For novices or those looking for a more straightforward sailing experience, these boats are usually more maneuverable and more reasonably priced. Larger yachts and luxury cruisers are usually represented by sailboats longer than fifty feet. These boats provide a large amount of living and entertainment space, numerous staterooms for longer stays, and opulent amenities. With comfort, stability, and performance for lengthy trips and ocean crossings, they are built for long-distance cruising. Because of their size and complexity, larger sailboats in this category frequently require more skilled crews or professional captains for handling.

Global Sailboat Overview by Region

The global sailboat market is categorized into North America, Europe, Asia-Pacific, and the Rest of the World. Europe emerged as the leading region, capturing the largest market share in 2023. Europe's strong industry infrastructure, varied sailing culture, and rich maritime tradition have made it the market leader for sailboats. With an abundance of coastal areas, inland waterways, and active sailing communities, the continent has a long history of sailing. The sailing industries of nations such as France, Italy, the UK, and Greece are booming and provide a vast array of sailboats, marinas, and sailing activities. Furthermore, Europe's stance as a center for sailboat sales, production, and recreational sailing activities has been reinforced by its emphasis on innovation, technological developments, and an increasing awareness of environmentally responsible sailing practices.

Throughout the forecast period, Asia-Pacific is anticipated to post a significant CAGR. An increase in leisure spending is being driven by countries like China, Japan, and South Korea, and developing markets like India, where there is a growing middle class, rising disposable incomes, and rapid economic development. A rising interest in leisure activities, such as sailing, is being encouraged by this increased wealth. In addition, the region's extensive coastline, numerous archipelagos, and growing maritime tourist sector are fostering a favorable environment for the sailboat market, which is fueling Asia-Pacific's predicted strong compound annual growth rate.

Global Sailboat Competitive Landscape

In the global sailboat market, a few major players exert significant market dominance and have established a strong regional presence. These leading companies remain committed to continuous research and development endeavors and actively engage in strategic growth initiatives, including product development, launches, joint ventures, and partnerships. By pursuing these strategies, these companies aim to strengthen their market position, expand their customer base, and capture a substantial share of the market.

Some of the prominent players in the global sailboat market include,

• Hallberg-Rassy Varvs AB
• Groupe Beneteau
• Catalina Yachts
• HanseYachts AG
• CANTIERE DEL PARDO S.p.A.
• Fountaine Pajot
• Oyster Yachts
• Nautor Swan Srl
• Bavaria Yachts
• Najad, and various others.

Global Sailboat Recent Developments

• In October 2023, The V1D2 shipyard transaction was completed, according to a statement released by SNIP Yachting Group. This is the Ouistreham shipyard's second integration, following the purchase of Chantier Naval de la Vilaine in Arzal before the end of 2019.
• In September 2023 , At the esteemed 2023 Yachting Festival in Cannes, BAVARIA YACHTS debuted the newest model in its C-LINE line, the BAVARIA C46. With the BAVARIA C46, the business continues to push the envelope of innovation while providing clients with an amazing sailing experience that goes above and beyond what is expected of the industry.
• In September 2023, To expand its boat insurance business, Insurtech Ripe completes its first significant acquisition by buying Craftinsure. As its first significant purchase, Insurtech Ripe has acquired specialty boat insurer Craftinsure.
• In August 2023, The business and assets of MJM Yachts were bought by Saothair Capital Partners, LLC, a private equity firm that specializes in investing in middle-market manufacturing and industrial enterprises, through Seolta Holdings, LLC, a recently established affiliate.

Scope of the Global Sailboat Market Report

Sailboat Market Report Segmentation

Objectives of the Study

The objectives of the study are summarized in 5 stages. They are as mentioned below:

• Global Sailboat Market Size and Forecast:   To identify and estimate the market size for the global sailboat market segmented by hull type, by length, region and by value (in U.S. dollars). Also, to understand the consumption/ demand created by consumers of sailboat between 2019 and 2032.
• Market Landscape and Trends:   To identify and infer the drivers, restraints, opportunities, and challenges for the global sailboat market
• Market Influencing Factors:   To find out the factors which are affecting the sales of sailboat among consumers
• Impact of COVID-19 :   To identify and understand the various factors involved in the global sailboat market affected by the pandemic
• Company Profiling:   To provide a detailed insight into the major companies operating in the market. The profiling will include the financial health of the company's past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

Intended Audience

• Sailboat Manufacturers
• Sailing Enthusiasts and Consumers
• Marinas and Sailing Clubs
• Tourism and Hospitality Industry
• Government Agencies and Policy Makers
• Investors and Trade Experts

Research Methodology

Our research methodology has always been the key differentiating reason which sets us apart in comparison from the competing organizations in the industry. Our organization believes in consistency along with quality and establishing a new level with every new report we generate; our methods are acclaimed and the data/information inside the report is coveted. Our research methodology involves a combination of primary and secondary research methods. Data procurement is one of the most extensive stages in our research process. Our organization helps in assisting the clients to find the opportunities by examining the market across the globe coupled with providing economic statistics for each and every region.   The reports generated and published are based on primary & secondary research. In secondary research, we gather data for global Market through white papers, case studies, blogs, reference customers, news, articles, press releases, white papers, and research studies. We also have our paid data applications which includes hoovers, Bloomberg business week, Avention, and others.

Data Collection

Data collection is the process of gathering, measuring, and analyzing accurate and relevant data from a variety of sources to analyze market and forecast trends. Raw market data is obtained on a broad front. Data is continuously extracted and filtered to ensure only validated and authenticated sources are considered. Data is mined from a varied host of sources including secondary and primary sources.

Primary Research

After the secondary research process, we initiate the primary research phase in which we interact with companies operating within the market space. We interact with related industries to understand the factors that can drive or hamper a market. Exhaustive primary interviews are conducted. Various sources from both the supply and demand sides are interviewed to obtain qualitative and quantitative information for a report which includes suppliers, product providers, domain experts, CEOs, vice presidents, marketing & sales directors, Type & innovation directors, and related key executives from various key companies to ensure a holistic and unbiased picture of the market. 

Secondary Research

A secondary research process is conducted to identify and collect information useful for the extensive, technical, market-oriented, and comprehensive study of the market. Secondary sources include published market studies, competitive information, white papers, analyst reports, government agencies, industry and trade associations, media sources, chambers of commerce, newsletters, trade publications, magazines, Bloomberg BusinessWeek, Factiva, D&B, annual reports, company house documents, investor presentations, articles, journals, blogs, and SEC filings of companies, newspapers, and so on.  We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.

Top-Down Approach & Bottom-Up Approach

In the top – down approach, the Global Batteries for Solar Energy Storage Market was further divided into various segments on the basis of the percentage share of each segment. This approach helped in arriving at the market size of each segment globally. The segments market size was further broken down in the regional market size of each segment and sub-segments. The sub-segments were further broken down to country level market. The market size arrived using this approach was then crosschecked with the market size arrived by using bottom-up approach.

In the bottom-up approach, we arrived at the country market size by identifying the revenues and market shares of the key market players. The country market sizes then were added up to arrive at regional market size of the decorated apparel, which eventually added up to arrive at global market size.

This is one of the most reliable methods as the information is directly obtained from the key players in the market and is based on the primary interviews from the key opinion leaders associated with the firms considered in the research. Furthermore, the data obtained from the company sources and the primary respondents was validated through secondary sources including government publications and Bloomberg.

Market Analysis & size Estimation

Post the data mining stage, we gather our findings and analyze them, filtering out relevant insights. These are evaluated across research teams and industry experts. All this data is collected and evaluated by our analysts. The key players in the industry or markets are identified through extensive primary and secondary research. All percentage share splits, and breakdowns have been determined using secondary sources and verified through primary sources. The market size, in terms of value and volume, is determined through primary and secondary research processes, and forecasting models including the time series model, econometric model, judgmental forecasting model, the Delphi method, among Flywheel Energy Storage. Gathered information for market analysis, competitive landscape, growth trends, product development, and pricing trends is fed into the model and analyzed simultaneously.

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The analysis done by the research team is further reviewed to check for the accuracy of the data provided to ensure the clients’ requirements. This approach provides essential checks and balances which facilitate the production of quality data. This Type of revision was done in two phases for the authenticity of the data and negligible errors in the report. After quality checking, the report is reviewed to look after the presentation, Type and to recheck if all the requirements of the clients were addressed.

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Sailboat Global Market Report 2024

Sailboat Global Market Report 2024 – By Hull Type (Monohull, Multi-Hull), By Length (Up To 20 ft, 20-50 ft, Above 50 ft), By Application (Recreation, Racing, Sail Training) – Market Size, Trends, And Global Forecast 2024-2033

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Sailboat Market Definition And Segments

The sailboat refers to a boat propelled forward by wind power. A sailboat's engine is much smaller and uses less space than a powerboat's engine, which helps in reducing maintenance and fuel costs. These sailboats can be monohulls or multi-hulls and are intended to be used on the weekend or for longer cruises.

The main types of sailboats are monohull, and multi-hull. A monohull refers to a type of watercraft or sailing vessel that has a single hull, as opposed to multiple hulls like those found in catamarans or trimarans. The sailboats come in various lengths, such as up to 20 ft, 20-50 ft, and above 50 ft. They are used for recreation, racing, and sail training.

The sailboat market covered in this report is segmented –

1) By Hull Type: Monohull, Multi-Hull

2) By Length: Up To 20 ft, 20-50 ft, Above 50 ft

3) By Application: Recreation, Racing, Sail Training

The sailboat market size has grown steadily in recent years. It will grow from $6.25 billion in 2023 to $6.44 billion in 2024 at a compound annual growth rate (CAGR) of 3.0%. The growth in the historic period can be attributed to strong economic growth in emerging markets, a rise in disposable income, increase in spending on recreational activities, and a rise in leisure trips.

The sailboat market size is expected to see steady growth in the next few years. It will grow to $7.41 billion in 2028 at a compound annual growth rate (CAGR) of 3.5%. The growth in the forecast period can be attributed to rising government support, rapid urbanization, a growing population, the increasing number of water sporting events and boat shows, the increasing use of social media, and the increasing number of high-net-worth individuals. Major trends in the forecast period include use of artificial intelligence (ai) for advanced navigation, new product developments for higher performance in strong winds, strategic collaborations and acquisitions to improve product portfolio, development of solar and wind powered boats, and focus on integrating sustainable materials in boat manufacturing.

Rising Popularity Of Marine Activities Fueling Demand For Sailboats

The increase in popularity of marine activities is expected to propel the sailboat market. Marine activities have been economic growth drivers, providing natural resources and access to trade and transportation, recreational opportunities, and other activities in general, with high expectations for future growth. Due to these growths in marine activities, the market is witnessing the demand for sailboats for commercial and leisure use, as it boosts the aquatic function efficiently by indulging less fuel and power costs. For instance, according to the UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT, in 2021, maritime trade and transport increased by 4.3% as compared to 2020. Therefore, the increase in marine activities is expected to boost demand for sailboats during the forecast period.

Water Sporting Events And Boat Shows Fueling Growth In The Sailboat Market

An increasing number of water sporting events and boat shows is expected to increase the growth of the sailboat market. Water sporting events, such as sailing regattas, races and championships, serve as platforms for showcasing sailboats to a wide and engaged audience. These events attract participants, spectators, sponsors and media coverage, which collectively help promote sailboats and the sailing lifestyle. For instance, according to Marine Industry News, a UK-based news publication, in 2022, the Watersports Participation Survey reported that approximately 13.2 million adults in the UK engaged in boating activities, representing a 3% increase compared to the 12.8 million participants in 2021. Out of this total, over 10 million individuals participated in boating activities at least once or twice during the year. Furthermore, the number of people who engaged in these on-water activities more regularly, specifically three times or more, remained relatively consistent from the previous year, with approximately 3.2 million participants. Therefore, an increasing number of water sporting events and boat shows will drive the global sailboat market.

Major companies operating in the sailboat market report are Groupe Beneteau, Ferretti S.p.A., Jeanneau, HanseYachts AG, Bavaria Yachtbau GmbH., Catalina Yachts, Fountaine Pajot, Dufour Yachts, Nautor's Swan, Island Packet, Seawind Catamarans, Donghae Shipbuilding Co, Ltd., Ketaki Craft Private Limited, FarEast Boats, Hylas Yachts, Qingdao Dookyu Crown Marine Co., Ltd., Ocean Dream Sailboats (Qingdao) Co., Ltd., Hartley Boats Ltd., Van de Stadt Design, RS Sailing, Gingerboats Racing Ltd., Luna Rossa, Elan Yachts, Wally, Morris Yachts, J/Boats, Hunter, Hinckley, Pacific Seacraft, Sea Ray, Quicksilver, Cal Yachts, Sterling Yachts, Pro Boat, Touchstone Boat Builders, Sayer Yachts, Inace Yacht Division, Schaefer Yachts, Fibrafort, Delta Yachts, MCP Yachts, MultiGlass, Lenzi Yachts, Flexboat, Magellan Abu Dhabi Marine Equipment, Sindbad Marine LLC, Al Suwaidi Marine, Royal Captain Boats, Yacht Manufacturing and Advanced Fiberglass Industries, Robertson and Caine, Knysna Yacht Company, Voyage Yachts

Innovative Technological Advancements In Sailboat Design

Product innovations are a key trend gaining popularity in the sailboats market. The market is witnessing the implementation of new technologies such as form following function in a sailboat to enhance operational performance and improve safety capabilities. This form-follow function is based on the technical requirements to achieve a unique performance by combining minimum drag and maximum propulsion, enabling perfect gliding properties. For instance, In January 2022, Aeolos Composites, a UAE-based designer and producer of high-performance yachts, launched Aeolos P30, a conventional series yacht for single and double-shore sailing. This boat uses a twin rudder system and a single rudder system in its design for sailing in strong winds.

Integration Of Artificial Intelligence In Sailboat Technology For Enhanced Safety And Performance

Sailboat companies are focusing on using artificial intelligence (AI) to optimize sailboat performance, enhance safety and improve decision-making. AI algorithms and machine learning techniques are applied to various aspects of sailing, such as hull and sail design, steering optimization, tactics and weather prediction. For example, in August 2022, SEA.AI, an Austria-based company that specializes in the marine application of machine vision and artificial intelligence, introduced the OSCAR System, navigation equipment that combines artificial intelligence with thermal and low light cameras to make offshore cruising safer and more relaxing for sailors. The system uses FLIR thermal imaging technology to detect and avoid floating objects that might otherwise be difficult to see. OSCAR is based on an embedded RGB (visible light) and FLIR thermal camera system coupled with artificial vision and data analyzing algorithms. It helps sailors avoid collisions by identifying floating objects at sea, assessing the risk and then sending out automated warnings.

Zodiac Milpro Acquires Yachtwerft Meyer Gmbh To Expand Manufacturing Capacity And Market Reach

In October 2022, Zodiac Milpro, a France-based inflatable boat and rigid-hull inflatable boat manufacturing company, acquired Yachtwerft Meyer GmbH for an undisclosed amount. This acquisition is a complementary and strategic fit for Zodiac Milpro to form a brand-new company to boost its manufacturing capacity and technological complement, to quicken its expansion in Germany and Eastern Europe. Yachtwerft Meyer GmbH is a Germany-based yacht and boat manufacturing company.

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

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

The sailboat market consists of sales of cruising sailboat, daysailer, motorsailer, racer-cruiser, racing sailboats and sailing dinghies. 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.

The sailboat market research report is one of a series of new reports from The Business Research Company that provides sailboat market statistics, including sailboat industry global market size, regional shares, competitors with a sailboat market share, detailed sailboat market segments, market trends and opportunities, and any further data you may need to thrive in the sailboat industry. This sailboat 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.

Table Of Contents

2. Sailboat Market Characteristics

3. Sailboat Market Trends And Strategies

4. Sailboat 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 Sailboat Market Size and Growth

5.1. Global Sailboat Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Sailboat Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Sailboat Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Sailboat Market Segmentation

6.1. Global Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

6.2. Global Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Up To 20 ft

Above 50 ft

6.3. Global Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Sail Training

7. Sailboat Market Regional And Country Analysis

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

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

8. Asia-Pacific Sailboat Market

8.1. Asia-Pacific Sailboat 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 Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Sailboat Market

9.1. China Sailboat Market Overview

9.2. China Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Sailboat Market

10.1. India Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Sailboat Market

11.1. Japan Sailboat Market Overview

11.2. Japan Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Sailboat Market

12.1. Australia Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Sailboat Market

13.1. Indonesia Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Sailboat Market

14.1. South Korea Sailboat Market Overview

14.2. South Korea Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Sailboat Market

15.1. Western Europe Sailboat Market Overview

15.2. Western Europe Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Sailboat Market

16.1. UK Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Sailboat Market

17.1. Germany Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Sailboat Market

18.1. France Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Sailboat Market

19.1. Italy Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Sailboat Market

20.1. Spain Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Sailboat Market

21.1. Eastern Europe Sailboat Market Overview

21.2. Eastern Europe Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Sailboat Market

22.1. Russia Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Sailboat Market

23.1. North America Sailboat Market Overview

23.2. North America Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Sailboat Market

24.1. USA Sailboat Market Overview

24.2. USA Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Sailboat Market

25.1. Canada Sailboat Market Overview

25.2. Canada Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Sailboat Market

26.1. South America Sailboat Market Overview

26.2. South America Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Sailboat Market

27.1. Brazil Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Sailboat Market

28.1. Middle East Sailboat Market Overview

28.2. Middle East Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Sailboat Market

29.1. Africa Sailboat Market Overview

29.2. Africa Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Sailboat Market Competitive Landscape And Company Profiles

30.1. Sailboat Market Competitive Landscape

30.2. Sailboat Market Company Profiles

30.2.1. Groupe Beneteau

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. Ferretti S.p.A.

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. Jeanneau

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. HanseYachts AG

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. Bavaria Yachtbau GmbH.

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Sailboat Market Other Major And Innovative Companies

31.1. Catalina Yachts

31.2. Fountaine Pajot

31.3. Dufour Yachts

31.4. Nautor's Swan

31.5. Island Packet

31.6. Seawind Catamarans

31.7. Donghae Shipbuilding Co, Ltd.

31.8. Ketaki Craft Private Limited

31.9. FarEast Boats

31.10. Hylas Yachts

31.11. Qingdao Dookyu Crown Marine Co., Ltd

31.12. Ocean Dream Sailboats (Qingdao) Co., Ltd.

31.13. Hartley Boats Ltd

31.14. Van de Stadt Design

31.15. RS Sailing

32. Global Sailboat Market Competitive Benchmarking

33. Global Sailboat Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Sailboat Market

35. Sailboat Market Future Outlook and Potential Analysis

35.1 Sailboat Market In 2028 - Countries Offering Most New Opportunities

35.2 Sailboat Market In 2028 - Segments Offering Most New Opportunities

35.3 Sailboat Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

• Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
• Table 3: Global Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 4: Global Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 5: Global Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 6: Global Sailboat Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 7: Global Sailboat Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 8: Asia-Pacific, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 9: Asia-Pacific, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 10: Asia-Pacific, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 11: China, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 12: China, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 13: China, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 14: India, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 15: India, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 16: India, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 17: Japan, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 18: Japan, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 19: Japan, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 20: Australia, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 21: Australia, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 22: Australia, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 23: Indonesia, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 24: Indonesia, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 25: Indonesia, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 26: South Korea, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 27: South Korea, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 28: South Korea, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 29: Western Europe, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 30: Western Europe, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 31: Western Europe, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 32: UK, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 33: UK, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 34: UK, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 35: Germany, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 36: Germany, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 37: Germany, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 38: France, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 39: France, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 40: France, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 41: Italy, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 42: Italy, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 43: Italy, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 44: Spain, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 45: Spain, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 46: Spain, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 47: Eastern Europe, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 48: Eastern Europe, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 49: Eastern Europe, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 50: Russia, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 51: Russia, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 52: Russia, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 53: North America, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 54: North America, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 55: North America, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 56: USA, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 57: USA, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 58: USA, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 59: Canada, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 60: Canada, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 61: Canada, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 62: South America, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 63: South America, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 64: South America, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 65: Brazil, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 66: Brazil, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 67: Brazil, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 68: Middle East, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 69: Middle East, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 70: Middle East, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 71: Africa, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 72: Africa, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 73: Africa, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Table 74: Groupe Beneteau Financial Performance
• Table 75: Ferretti S.p.A. Financial Performance
• Table 76: Jeanneau Financial Performance
• Table 77: HanseYachts AG Financial Performance
• Table 78: Bavaria Yachtbau GmbH. Financial Performance

List Of Figures

• Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
• Figure 3: Global Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 4: Global Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 5: Global Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 6: Global Sailboat Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 7: Global Sailboat Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 8: Asia-Pacific, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 9: Asia-Pacific, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 10: Asia-Pacific, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 11: China, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 12: China, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 13: China, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 14: India, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 15: India, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 16: India, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 17: Japan, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 18: Japan, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 19: Japan, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 20: Australia, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 21: Australia, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 22: Australia, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 23: Indonesia, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 24: Indonesia, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 25: Indonesia, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 26: South Korea, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 27: South Korea, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 28: South Korea, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 29: Western Europe, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 30: Western Europe, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 31: Western Europe, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 32: UK, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 33: UK, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 34: UK, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 35: Germany, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 36: Germany, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 37: Germany, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 38: France, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 39: France, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 40: France, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 41: Italy, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 42: Italy, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 43: Italy, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 44: Spain, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 45: Spain, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 46: Spain, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 47: Eastern Europe, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 48: Eastern Europe, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 49: Eastern Europe, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 50: Russia, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 51: Russia, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 52: Russia, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 53: North America, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 54: North America, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 55: North America, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 56: USA, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 57: USA, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 58: USA, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 59: Canada, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 60: Canada, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 61: Canada, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 62: South America, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 63: South America, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 64: South America, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 65: Brazil, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 66: Brazil, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 67: Brazil, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 68: Middle East, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 69: Middle East, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 70: Middle East, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 71: Africa, Sailboat Market, Segmentation By Hull Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 72: Africa, Sailboat Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 73: Africa, Sailboat Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
• Figure 74: Groupe Beneteau Financial Performance
• Figure 75: Ferretti S.p.A. Financial Performance
• Figure 76: Jeanneau Financial Performance
• Figure 77: HanseYachts AG Financial Performance
• Figure 78: Bavaria Yachtbau GmbH. Financial Performance

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Sailboat Market Size, Share, Competitive Landscape and Trend Analysis Report by Product Type, by Technology and by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

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Sailboat Market Outlook 2027 -

A sailboat or sailing boat is a boat propelled partly or entirely by sails and is smaller than a sailing ship. A sail full of wind forms an air foil and propels the boat with lift, the way a plane’s wing does (except across water, rather than into the air). The work of sailing is to position, or trim, the sails to maximize lift in the direction you want to go. Traditional sailboats are mono hulls, but multi-hull catamarans are gaining popularity. Mono hull boats generally rely on ballast for stability and usually are displacement hulls. Stability of these boats will result in the growth of the sailboat market in near future.

COVID-19 SCENARIO ANALYSIS

• Master Craft continues to work closely with dealers to help manage their inventory levels and support the overall health of their businesses.
• Coronavirus caused demand to fall lower, and remain at lower levels for much longer than in a usual year.
• It is evident that the global economy is grinding to a halt due to COVID-19 pandemic.
• In an effort to further protect the health of its manufacturing employees, company is suspending operations at its manufacturing facilities for all of its brands.
• COVID-19 had shut down global boat building and repairing market globally until the situation becomes stable.

Top impacting factors: Market scenario analysis, trends, drivers and impact analysis

The significant factors impacting the growth of the sailboat market are lower maintenance and better on-board living convenience. However, sail boats require engines with sail drives which create low resistance under sail and increased cost for manufacturers to source raw materials hamper the growth of the automotive sailboat market. On the other hand, technological innovations and increase in international trade will fuel demand in the market.

Lower maintenance

Sail boats have lower maintenance as compared to the other boats. Moreover, sail boats have more natural selling experience. These increases the demand of sail boats. Thus, leads to the growth of sail boats market in near future.

Better on-board living convenience

Living aboard a sailboat is an exciting lifestyle choice but there is lots of considerations you will need to make. First and foremost, you have to pick a boat to live in. Unless you plan on sleeping under a canvas tarp, it is essential to find a sailboat with a proper cabin. As a result, sail board provides variety of living convenience and leads to the growth of the sail boat market in near future.  

Key benefits of the report:

• This study presents the analytical depiction of the market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of sailboat market share.
• The current market is analyzed to highlight the market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed sailboat market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the sailboat market research report:

• Which are the leading market players active in the market?
• What are the current trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What are the projections for the future that would help in taking further strategic steps?

  Sailboat Market Report Highlights

Sailboat market.

• Boat Luxury Sailboats

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Global Opportunity Analysis and Industry Forecast, 2023-2032

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The next phase of the boating boom.

Post by Mike Melillo - Published on 01/05/22 13:30 PM

The used boating market will take off

In 2020, pre-owned boat sales exceeded one million units for the first time since 2006, representing an 8.6% increase in sales compared to 2019. [1]

Looking ahead to 2022, we expect to see immense growth in this category, with a rapid rise in the number of used boats entering the market. And what exactly is fueling this category growth? First, consumers who bought boats at the beginning of the pandemic are looking to downsize as travel reopens and are selling vessels to settle back into old routines. Secondly, used boat prices are surging from increased demand, leading many owners to capitalize on the hot market and turn a more significant profit on their used boats than in years past.

But it’s not just demand driving the used boat market - the boating industry is very much feeling the effects of the ongoing supply chain issues brought about by the pandemic. With many boat manufacturers’ limited inventory, most new boats entering the market are pre-sold and immediately shipped to their owners, leaving little to no inventory for other shoppers. With supply chain issues still impacting the new boat industry to this extent and likely impacting the sector into 2023 and even 2024 [2] , purchasing a good-as-new boat is the perfect compromise for buyers.  

Membership programs and boat rentals will grow

Boating membership programs and rentals have offered the perfect opportunity to get people out on the water for those not ready to buy. Whether you’re looking to rent a boat for a day trip excursion or want a more luxurious rental option with a captain and crew, renting can be perfectly tailored to fit your needs.

As we look ahead to the next five years, we can expect continued growth in these categories. A study from Global Market Insights anticipates a compound annual growth rate of over 6.55% for the rental market from 2021 to 2027. [3] The rental market allows consumers to embrace all that comes with the boating lifestyle while also avoiding some of the responsibilities that come with ownership, like winter care and yearly maintenance.  

Marinas are continuing to digitize to manage demand

As many boaters can attest, marinas often operate on a highly outdated pen and paper system – meaning you often must try and hunt down a contact phone number and play a fair amount of phone tag to make a reservation. As a result of the boating boom, many marinas have realized that these old methods are no longer efficient, and digitizing is a must.

Incorporating technology like Dockwa can help marina owners increase revenue and streamline their operations, not only increasing their customer base but boosting profits by nearly 20%. Technology also allows pricing for docking to become more intelligent and dynamic. For example, marinas can use data-driven insights from Dockwa to look at when there are lulls in their business and when they are at peak capacity.

Rising boating markets

Even though it’s winter, with more boaters out on the water, we’re seeing an even significant influx of boaters to warmer markets that are already a massive draw for snowbirds. Places like the Carolinas and the lakes regions saw a considerable rise in boating activity in 2020 and 2021 during the boating boom. These markets will continue to experience growth through the cold winter months and even into 2022, with new boat owners and renters hitting the waters.

And while we will see growth in new markets, tried and true destinations like Florida, Texas, and California are still hot spots for those looking to get away from winter weather. A recent study by WalletHub [2] , looked at the best metropolitan areas for winter vacations this year and included exciting boating destinations like San Diego, Charleston, Miami, and Baton Rouge, which are the perfect option for a winter boating getaway.

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Statistics & Research

Icymi: 2022 u.s. recreational boating statistical abstract full report available to download.

NMMA's 2022 U.S. Recreational Boating Statistical Abstract, the most comprehensive industry data for recreational boating, is available. The data presented in the report spans 2008-2022, compiled to h...

Recreational Boating Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Recreational Boating Market Size and is Segmented by Boat Type (Inboard Boats, Outboard Boats, Personal Watercraft Boats, and Other Boat Types), Application (Watersports and Fishing), Power Source (Internal Combustion Engine and Electric), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Offers Market Size and Forecasts for all the Above Segments in Value (in USD Billion) for the Segments Mentioned.

• Recreational Boating Market Size

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Recreational Boating Market Analysis

The Recreational Boating Market size is estimated at USD 27.32 billion in 2024, and is expected to reach USD 36.78 billion by 2029, growing at a CAGR of 5.10% during the forecast period (2024-2029).

Due to the COVID-19 pandemic and with the travel restrictions and social distancing norms imposed, all recreational activities were muted. Consequently, the recreational boating market saw a dip in its revenues. With no public movement and the down phase of the global economy, neither new purchases were made, nor any transactions occurred. This forced the market toward economic downfall. However, with the recovery of the tourism sector in 2021 across major geographies in the North American and European regions, the market is seeing growth.

The recreational boating industry continues to attract large volumes of participants competing strongly with rival luxury leisure pursuits. It is estimated that there are at least 140 million active boaters and watersports participants worldwide, including almost 100 million across the United States and Canada, a further 36 million across Europe, and more than 5 million in Australia.

Over the long-term, the growth in the watersports tourism industry is majorly driving the recreational boating market. Rising attraction toward recreation activities and watersports from millennial and post-millennial generations is further boosting the demand in the market studied. However, dynamics in the cost range of diversified boats might serve as a challenge.

At present, the recreational boating industry represents a small percentage of the overall global leisure industry; however, the share of recreational boats is anticipated to grow over the forecast period.

• Recreational Boating Market Trends

Increasing Watersports and Recreational Activities

The growing interest of people in outdoor recreational activities and increased participation rates across all age groups for the same are some of the major factors driving the recreational boating industry.

Watersports are becoming popular not only for the excitement or adrenaline rush of getting fit but also because of several health benefits. As a result, increasing health benefits associated with water sports are supporting market growth worldwide.

A study from North Carolina State University found that outdoor play and nature-based activities helped buffer some of the negative mental health impacts of the COVID-19 pandemic for adolescents. In 2020, the coronavirus pandemic fueled the surge in recreational boat sales which is registered on the sales volume during 2021 and presumed to continue in 2022 as well. 

New age groups and female boat buyers played a huge role in the growth which is further capitalize by the players by expanding their product portfolio and introducing new technologies. For Instance, Tiaga offers Orca electric jet ski in their portfolio, the electric watercraft space has begin to shape the business sphere. The watercraft is offered with a 23-kWh battery pack. Its electric powertrain generates over 134 kW and can achieve a top speed of up to 104km/h. 

The North American Region is Likely to Dominate the Market

There is already an uptrend in the domestic boating industry, where people are opting to do watersports in their own country rather than going foreign. This ongoing trend is boosting the watersport industry domestically.

The National Marine Manufacturers Association (NMMA) reported that retail unit sales of new powerboats in the United States exceeds 300,000 Units for two consecutive years during 2020 and 2021. Moreover NMMA has announced that the year 2022 will remain positive and the sales volume of new boats may increase by 3% as compared to 2021.

Additionally, restrictions are likely to continue into 2021, which will fuel the demand for safe outdoor recreation activities, including boating.

According to the US Bureau of Economic Analysis (BEA), around 100 million Americans go boating each year. Outdoor recreation makes up 2.1% of country's GDP, generating USD 788 billion in real gross output. Boating and fishing are the largest outdoor recreation activities in the country, totaling near to USD 23.6 billion.

Another country where the recreational boating industry is a major contributor to the economy is Canada. Canadian pastime brings more than 12 million people together on the water every year, thereby generating more than USD 10 billion in revenues and has a GDP impact of USD 5.6 billion.

Recreational Boating Industry Overview

The recreational boating market is fragmented and dominated by industry players such as American Sail Inc., Ferretti, Sunseeker, Beneteau, Brunswick, MacGregor, Azimut-Benetti, Hunter, Hobie Cat Corporation, Princess Cruise, Bavaria Yachtbau, and Catalina Yachts. The boat manufacturers are expanding their business to increase their revenue generation opportunities. For instance:

• In March 2022, Sportsman Manufacturing Inc. has announced to invest USD 8 million to expand their operations in Dorchester County, South Carolina, this will increase the manufacturing capacity of company in order to meet the growing demands. 

Recreational Boating Market Leaders

Brunswick Corporation

Groupe Beneteau

Azimut Benetti Group

Bennington Marine LLC

Catalina Yachts

*Disclaimer: Major Players sorted in no particular order

Recreational Boating Market News

• In July 2022, Vision Marine Technologies and Groupe Beneteau formed a partnership to integrate Vision Marine Technologies' high-power electric outboard motors onboard several models across Groupe Beneteau's brand portfolio.
• In July 2022, Mercury Marine, a division of Brunswick Corporation, announced today a collaboration with Alliant Energy to construct a 5-megawatt, a 32-acre solar array in eastern Fond du Lac County to advance the company's sustainability initiatives and the region's growing commitment to renewable energy.
• In July 2022, Italian Benetti launched the 37-meter Benetti B.Yond in a private ceremony in Livorno. Goga was the name given to the yacht. As the first model in Benetti's Voyager series, the yacht is built with a steel hull and an aluminum superstructure for long-range cruising.

Recreational Boating Market Report - Table of Contents

1. INTRODUCTION

1.1 Study Assumptions

1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1 Market Drivers

4.2 Market Restraints

4.3 Industry Attractiveness - Porter's Five Forces Analysis

4.3.1 Threat of New Entrants

4.3.2 Bargaining Power of Buyers/Consumers

4.3.3 Bargaining Power of Suppliers

4.3.4 Threat of Substitute Products

4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size in USD Billion)

5.1 By Boat Type

5.1.1 Inboard Boats

5.1.2 Outboard Boats

5.1.3 Personal Watercraft Boats

5.1.4 Other Boat Types

5.2 By Application

5.2.1 Watersports

5.2.2 Fishing

5.3 By Power Source

5.3.1 IC Engine

5.3.2 Electric Power

5.4 By Geography

5.4.1 North America

5.4.1.1 United States

5.4.1.2 Canada

5.4.1.3 Rest of North America

5.4.2 Europe

5.4.2.1 Germany

5.4.2.2 United Kingdom

5.4.2.3 France

5.4.2.4 Rest of Europe

5.4.3 Asia-Pacific

5.4.3.1 China

5.4.3.2 Japan

5.4.3.3 India

5.4.3.4 South Korea

5.4.3.5 Rest of Asia-Pacific

5.4.4 Rest of the World

5.4.4.1 South America

5.4.4.2 Middle-East and Africa

6. COMPETITIVE LANDSCAPE

6.1 Vendor Market Share

6.2 Company Profiles*

6.2.1 Groupe Beneteau

6.2.2 Azimut Benetti Group

6.2.3 Marine Product Corporation

6.2.4 Bennington Marine LLC

6.2.5 Sunseeker International Limited

6.2.6 Ranger Boats

6.2.7 Catalina Yachts

6.2.8 Brunswick Corporation

6.2.9 Hobie CAT Company

6.2.10 Bavaria Yachtbau

6.2.11 Mahindra Odyssea

6.2.12 Tracker Boats

6.2.13 Godfrey Pontoon Group

6.2.14 Ferretti Group

6.2.15 Sportsman Boats Manufacturing Inc.

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

Recreational Boating Industry Segmentation

The scope of the report covers the latest trends and technologies followed by COVID-19 impact on the market. The recreational boating report covers segmentation based on Boat Type, Application, Power Source, and Geography.

By Boat Type, the market is segmented into Inboard Boats, Outboard Boats, Personal Watercraft Boats, and Other Boat Types.

By Application, the market is segmented into Watersports and Fishing.

By Power Source, the market is segmented into Internal Combustion Engine and Electric. 

and Geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. 

The report offers market size and forecast for all the above segments in value (in USD Billion).

Recreational Boating Market Research FAQs

How big is the recreational boating market.

The Recreational Boating Market size is expected to reach USD 27.32 billion in 2024 and grow at a CAGR of 5.10% to reach USD 36.78 billion by 2029.

What is the current Recreational Boating Market size?

In 2024, the Recreational Boating Market size is expected to reach USD 27.32 billion.

Who are the key players in Recreational Boating Market?

Brunswick Corporation, Groupe Beneteau, Azimut Benetti Group, Bennington Marine LLC and Catalina Yachts are the major companies operating in the Recreational Boating Market.

Which is the fastest growing region in Recreational Boating Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).

Which region has the biggest share in Recreational Boating Market?

In 2024, the North America accounts for the largest market share in Recreational Boating Market.

What years does this Recreational Boating Market cover, and what was the market size in 2023?

In 2023, the Recreational Boating Market size was estimated at USD 25.93 billion. The report covers the Recreational Boating Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Recreational Boating Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Which engine type is expected to see the fastest growth in the future?

The electric engine type is expected to see the fastest growth in the Global Recreational Boat Market.

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Recreational Boating Industry Report

The global recreational boat market is projected to experience growth due to several key factors, including the expanding tourism industry, rising disposable income levels, and advancements in autonomous marine technology. This well-integrated and fragmented industry is supported by numerous manufacturers, ensuring a stable supply of recreational boats to meet global demand. The growing tourism industry is expected to further boost recreational boat demand, with specific segments such as pontoons, cruises, and water sports boats witnessing substantial sales growth. Despite facing challenges such as strict emission norms and trade barriers, the market is evolving with the emergence of the online market for boats, opening up new markets for manufacturers worldwide. The yacht segment is estimated to account for the largest market share during the forecast period due to the increasing popularity of leisure boating and cruising. The North American region is expected to witness the highest growth, primarily driven by the robust demand for leisure boating and water sports. According to Mordor Intelligence™ Industry Reports, Recreational Boating market share, size, and revenue growth rate are available, along with a market forecast and a historical overview. A sample of this industry analysis is available as a PDF download.

Recreational Boating Market Report Snapshots

• Recreational Boating Market Share
• Recreational Boating Companies
• Recreational Boating News

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Berthon publishes an annual Market Report, reviewing yacht sales over the previous year and looking at what we believe will be the important trends and changes in the year ahead. Berthon are bluewater specialists and manage luxury yacht sales through a network of international offices.

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• The Market Report 2023 by Sue Grant
• Sailing Yacht Review by Alan McIlroy ; Footnote by Harry Lightfoot
• Motor Yacht Review by Hugh Rayner ; Footnote by Harry Hamson , on Windy Brokerage
• Performance Yacht Review by Ben Cooper
• New Motor Yacht Sales by Robert Steadman
• A word from Michael White , affectionately known by the team as Chalky
• Berthon USA Review by Jennifer Stewart , Alan Baines , Bill Rudkin , Mark von Drashek and Peter Houghton
• Berthon France Review by Isabelle Skaf
• Berthon Spain Review Service & Refit by Rowan Fairbrass
• Berthon Spain Review Yacht Sales by Simon Turner , Ben Toogood and Nathalie Miquel-Elcano
• Berthon Scandinavia Review by Magnus Kullberg
• Solaris Review by Richard Baldwin and Alan McIlroy
• VAT / Customs – A Brave New World by Simon Anslow
• Keep Calm and Carry on Yachting by Sue Grant
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• COOL to the point of freezing
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• Information Overload by Sue Grant
• Yacht Sales in the 21st Century by Sue Grant
• 2023 Berthon Forecast by Sue Grant

Last Year’s Market Report 2022

• The Market Report 2022 by Sue Grant
• Sailing Yacht Review by Alan McIlroy; Footnotes from Sophie Kemp & Harry Lightfoot
• Motor Yacht Review by Robert Steadman; A footnote from Harry Hamson
• New Motor Yacht Sales by Hugh Rayner
• Berthon USA Review by Jennifer Stewart, Alan Baines, Bill Rudkin and Mark von Drashek
• Berthon France Review by Bruno Kairet
• Berthon Spain Review Service & Refit by Andrew Fairbrass
• Berthon Spain Review Yacht Sales by Simon Turner and Ben Toogood
• Canine Stick Report by the Canine Division
• VAT Life After Brexit – One Year On By Simon Anslow
• The Practicalities & Possibilities of Delivery by Sea by Peter Kloezeman
• The Wallflowers of a Buoyant Market by Sue Grant
• Yacht Insurance by Richard Power
• COVID-19 and the Yacht Market by Sue Grant
• Yachting & the Supply Chain by Sue Grant
• 2022 Berthon Forecast by Sue Grant

Market Report 2021

• The Market Report 2021 by Sue Grant
• Sailing Yacht Review by Alan McIlroy; A footnote from Sophie Kemp
• Berthon Spain Review Yacht Sales by Simon Turner
• The Other Side of Brexit – VAT & Customs by Simon Anslow
• Brexit & Yacht Registration by Duncan Swanson – The UK Ship Register & Yachts in a post Brexit environment by Duncan Swanson of Ocean Skies.
• The Recreational Craft Directive by Alasdair Reay
• International Boat Shows by Sue Grant
• COVID-19 and The Yacht Market by Sue Grant
• The Business End of the Yachting Business and Meeting the Yachtsman’s Expectation by David Tydeman
• 2021 Berthon Forecast by Sue Grant

Market Report 2020

• The Market Report 2020 by Sue Grant
• Sailing Yacht Review by Alan McIlroy; footnote by Sophie Kemp
• Motor Yacht Review by Hugh Rayner
• The Windy UK and Pearl Yachts Review by Ben Toogood
• The Iguana Yachts Review by Robert Steadman
• Berthon USA Review by Jennifer Stewart and Alan Baines
• Berthon Spain Review by Andrew Fairbrass
• Solaris Review by Alan McIlroy and Richard Baldwin
• VAT vs. Brexit by Simon Anslow
• Brexit and getting on with life…
• Saving the Planet and Yachting
• Our Old Friend Currency
• Buying a New Yacht – some of the pitfalls, along with the fun
• The 2020 Berthon Forecast by Sue Grant

Editor’s Note: Much of the 2020 Berthon Market Report was written before the Covid-19 crisis gathered momentum. We decided to continue with this publication, just updated slightly. Of course we cannot know the impact of this crisis on all aspects of life going forward not just yachting, so we will not guess. We ask you all to stay safe, keep well and we hope that you will enjoy these jottings.

Market Report 2019

• Market Report 2019 Opening Remarks By Sue Grant
• Sailing Yacht Review By Alan McIlroy; footnote by Sophie Kemp
• Motor Yacht Review By Hugh Rayner; footnote by Robert Steadman
• Performance Yacht Review By Ben Cooper
• The Windy UK, Pearl and Iguana Review By Ben Toogood
• Berthon USA Review By Jennifer Stewart, Alan Baines, Bill Rudkin and Mark von Drashek
• Berthon France Review By Bruno Kairet
• Berthon Spain Review By Andrew Fairbrass
• Solaris Review By Richard Baldwin and Alan McIlroy
• THE CONFIDENCE & CURRENCY GAME
• INTERIOR DESIGN FOR YACHTS and why it matters…
• INFORMATION DELIVERY and the WORLDWIDE WEB in 2019
• HIGH LATITUDE CRUISING Steve & Linda Dashew look at the design and the risks
• IPV – BERTHON BRINGS YOU ANOTHER NEW ACRONYM TO CONJURE WITH…
• TECHNOLOGY and the YACHT MARKET
• 2019 Berthon Forecast By Sue Grant

Market Report 2018

• Market Report 2018 (Opening Remarks) By Sue Grant
• Sailing Yacht Review By Alan McIlroy and Sophie Kemp
• Motor Yacht Review By Hugh Rayner
• Performance Yacht and Advanced Yachts Review By Ben Cooper
• Solaris Review By Richard Baldwin
• The Windy UK Review By Ben Toogood
• Berthon USA Review By Jennifer Stewart, Alan Baines and Bill Rudkin
• A word about GDPR
• The Pacific and Southern Hemisphere as a cruising destination
• Technology in Design moving through the build process
• Residual Yacht value and the cost of having fun
• Talking points – cool to the point of freezing
• VAT and Brexit- What it might, might not and certainly won’t mean
• The Magic of Film
• General overview of the international stock markets and economies
• 2018 Berthon Forecast

Download Past Issues of the Berthon Market Report

• Berthon Market Report 2022 (PDF 9.75MB)
• Berthon Market Report 2021 (PDF 3.20MB)
• Berthon Market Report 2020 (PDF 2.19MB)
• Berthon Market Report 2019 (PDF 1.96MB)
• Berthon Market Report 2018 (PDF 2.1MB)
• Berthon Market Report 2017 (PDF 2.5MB)
• Berthon Market Report 2016 (PDF 2MB)
• Berthon Market Report 2015 (PDF 7MB)
• Berthon Market Report 2014 (PDF 2MB)
• Berthon Market Report 2013 (PDF 2MB)
• Berthon Market Report 2012 (PDF 2MB)
• Berthon Market Report 2011 (PDF 2MB)
• Berthon Market Report 2010 (PDF 1MB)
• Berthon Market Report 2009 (PDF 3MB)
• Berthon Market Report 2008 (PDF 8MB)

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Sailboat Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Canada, Australia, Germany, UK - Size and Forecast 2023-2027

• Published: Oct 2023
• SKU: IRTNTR75458

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Sailboat Market Forecast 2023-2027

The sailboat market is estimated to grow by USD 811.18 million  at a compound annual growth rate (CAGR) of 2.38% between 2022 and 2027. The growth of the market depends on several factors, including the increase in recreational tourism, digital marketing and increasing use of social media, and the increase in HNWI population.

What will be the Size of the Market During the Forecast Period?

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Market Dynamics

The increase in recreational tourism is notably driving market growth, although factors such as the high total cost of ownership of sailboats may impede market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

The increase in recreational tourism is notably driving market growth.   Individual sailing enthusiasts prefer to participate in recreational boating, which has increased customers' engagement with marina and charter services. This is driving the demand for sailboats in North America. Technological innovations, such as the adoption of remote controls and digital dashboards in sailboats, will contribute to the growth of the regional market.

The US and Canada are the major markets for sailboats in North America. The US accounts for almost two-thirds of the total revenue generated in North America. Boating is a major recreational activity in the US. Factors such as economic growth, increasing consumer confidence, and technological innovations by sailboat manufacturers are driving the growth of the market in the US. Sailboat manufacturers and stakeholders host boat show across different states in the country. Manufacturers use these shows to launch their latest products. Therefore, the market for sailboats in the US is expected to grow during the forecast period.

Significant Trends

The implementation of e-freight documentation is a key trend in the market. The adoption of   e-freight documentation is increasing in the global freight shipping industry. E-freight documentation replaces the paperwork related to cargo with electronic data and messages. The Bill of Lading (BoL) is the most important document in the transportation of sea cargo. It is issued by the carrier directly or through integrated forwarding agents. It also includes information about booking, the current position of the shipment, and the status of delivery.

The implementation of e-freight provides various advantages to seaborne transportation service providers. It reduces the end-to-end transfer time by around 24 hours, eliminates manual entry errors, and meets all international and local regulations set by regulatory authorities. Therefore, the benefits of e-freight documentation are estimated to enhance future opportunities during the forecast period.

Major Challenge

The high total cost of ownership of sailboats is challenging market growth.   Most people consider owning a sailboat a luxury. The average price of sailboats has been rising since 2020. For instance, the average retail selling price of sailboats grew at a rate of around 5% in 2020. The rise in average retail selling price has a major impact on the volume sales of sailboats. 

Slip rental, insurance, maintenance, cleaning, and a state boating license are some of the other major costs associated with owning a sailboat. By considering such expenses, the total cost of ownership of a sailboat is USD 60,000 on average. Therefore, affording a sailboat is not economically feasible for low- and middle-income families. In emerging economies, the market for sailboats is very niche, as these boats are expensive. Therefore, the high total cost of ownership of sailboats may hinder the growth of the market during the forecast period.

Key Customer Landscape

The market growth analysis report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Who are the Major Sailboat Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Arcona Yachts AB -  The company offers sailboats such as the Arcona 435, which combines speed and comfort with a focus on performance cruising. The company offers new and used sailboats.

The market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

• Bavaria Yachtbau GmbH
• Black Pepper Yachts
• Cantiere del Pardo Spa
• Catalina Yachts
• Doomernik Yachts
• FAR EAST YACHTS Australia
• Fountaine Pajot SA
• Groupe Beneteau
• Hallberg Rassy Varvs AB
• HanseYachts AG
• Marlow Hunter LLC
• McConaght Boats
• Pauger Carbon Composites

Qualitative and quantitative analysis of Companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize Companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize Companies as dominant, leading, strong, tentative, and weak.

Market Segmentation

The market share growth by the monohull  segment will be significant during the forecast period. A monohull has only one hull, which is built around a heavy keel. Monohulls may also have a swing keel, a centerboard, or a centerboard that sinks into an appendage of the hull itself. Raising the keel or board allows the boat to enter shallow waters and go upwind faster.

Get a glance at the market contribution of various segments View the PDF Sample

The monohull  segment was valued at  USD 3,863.08 million in 2017 and continued to grow until 2021. Monohulls have excellent sailing performance in windy conditions, which is much better than that of most catamarans. In addition, they offer ease in boating applications, as they can sail at very sharp angles and upwind situations. These advantages are expected to propel the growth of the monohull segment of the market during the forecast period.

Regional Analysis

For more insights on the market share of various regions Download PDF Sample now!

Europe  is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

North America is another key region of the global market. Individual sailing enthusiasts participate in recreational boating, which has increased customer engagement with marina and charter services. This is driving the demand for sailboats in North America. Recent technological innovations, such as the adoption of remote controls and digital dashboards in sailboats, will also contribute to the growth of the market in the region. The US and Canada are the major markets for sailboats in North America. Boating is a major recreational activity in the US. The growth of the market in the country is attributed to factors such as economic growth over the last decade, increasing consumer confidence, and technological innovations by sailboat manufacturers. 

Market Analyst Overview

The Sailboat Market responds to various factors such as disposable income levels, demographic shifts, and economic conditions, influencing purchase decisions. With a growing emphasis on environmental consciousness, there's a rising demand for environmentally sustainable sailboats with efficient designs and electric propulsion systems powered by renewable energy sources. Technological advancements have led to innovations in sailboat construction, navigation systems, and automated sail controls, aligning with stringent environmental regulations.

Market dynamics include a diverse range of sailboat models catering to different end-user segments, from professional sailors to recreational enthusiasts, offering features like stability, seaworthiness, and interior space. Innovations in materials, propulsion technology, and safety equipment further enhance the sailboat experience, attracting modern sailors to explore the seas with confidence and comfo

• Segment Overview

The market forecasting report covers market growth by revenue at global, regional, & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

• Up to 20 ft.
• Above 50 ft.
• Rest of Europe
• Saudi Arabia
• South Africa
• Rest of the Middle East & Africa

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What are the Key Data Covered in this Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the market  between 2023 and 2027
• Precise estimation of the size of the market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
• Thorough analysis of the market’s competitive landscape and detailed information about Companies
• Comprehensive analysis of factors that will challenge the growth of market Companies

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Frequently Asked Questions?

How big is the sailboat market market , what is the sailboat market market growth, which segment accounted for the largest sailboat market market share , who are the key players in the sailboat market market , what are the factors driving the sailboat market market .

• Increase in recreational tourism
• Implementation of e-freight documentation

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Leisure Boats Market

Leisure Boats Market By Type, Propulsion System & Region | Forecast 2022 to 2032

Integration of IoT transforming the demand pattern for with leisure boat sales- Opportunities ahead

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Leisure Boats Market Outlook (2022 to 2032)

[250 Pages Report] The Leisure boat market was valued at around US$ 42.6 Billion  in 2021. With a projected CAGR of 5.8% for the next ten years, the market is likely to reach a valuation of nearly US$ 78.4 Billion  by the end of 2032.

Future Market Insights’ analysis reveals that the largest contribution to market revenue is grossed from Used Leisure Boats, which witnessed a CAGR of 4.2% from 2017 to 2021. Diesel continues to be the top choice of a propulsion system, with a CAGR of 4.4% from 2017 to 2021 and a forecasted CAGR of 5.0% in the forecast period of 2022 to 2032.

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Sales Analysis of Leisure Boats from 2017 to 2021 Vs Market Outlook for 2022 to 2032

The global market for Leisure Boats expanded at a CAGR of 4.7% over the last five years (2017 to 2021). The global Leisure Boat market is predicted to surge ahead at a CAGR of 5.8% and record sales worth US$ 78.4 Billion  by the end of 2032. The US will continue to be the largest procurer of Leisure Boats throughout the analysis period accounting for an absolute dollar growth opportunity of US $10.1 Billion.

Why are Leisure Boats gaining popularity?

Recent years have seen growing popularity in the leisure boat industry. Boat sales in the US rose nearly 40% from 2019 to 2020. The growth of experience-based events and tourism is boosting the market, with boat charters and renting platforms witnessing large volumes of customers. Boat shows like the Dubai International Boat Show, and races like the Race to Alaska, are rising in popularity; and the high-profile sponsorships being brought in are contributing to demand.

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How are the developments in Electric Boats driving demand?

Electric boats are gaining popularity in the current environment of global concern amongst both consumers and authorities about emissions and pollution. They are drawing consumers for several reasons. They have emission-free propulsion and do not contribute to water pollution in the way diesel engines do in the event of oil spills. This is vital since studies have found that even a single liter of an oil spill can cause damage to 1 Million liters of water. These boats are also charged from the grid, which means they can be charged with even renewable energy, and acquiring this energy is far easier than the extraction process of fossil fuels.

These boats are significantly cheaper once fuel costs are factored in, and are relatively noiseless. Some amount of demand comes from previous owners who want to switch to electric. Evolutions in marine electric technology mean that even electric boats have equivalent ability to traditional engines at much lower refueling costs. The maintenance and upkeep of the charging unit are also easier, and electric engines have fewer moving parts and last longer on average. There are also laws that favor the use of electric boats. For example, motorized boats are banned in marine protected areas of the US, but electric boats are often permitted because they are cleaner and noiseless.

How are new technologies such as IoT influencing the market?

Increasingly consumers are choosing boats that harness IoT or Internet-of-Things technology. IoT technology is boosting demand in several ways. First, it can improve the connectivity of entertainment systems in boats, which is important in leisure crafts. However, one important feature that is making IoT technology a driver for growth is the safety and security benefits. Using these IoT systems, a boat owner can remotely be aware of battery levels, possible leaks or water entering the boat through water detectors and bilge alarms, possible intrusions, and smoke alarms.

There is also the option to connect these systems directly to the marina a boat may be docked, so they can take action even when owners are far away. Further developments in this technology will ensure that buyers feel more secure in purchasing a new boat, since damages come with hefty costs, and may even lead to accidents if they remain undetected while ships operate.

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Why are used boats the key contributor to revenue?

Used Leisure boats are the leading contributor to revenue, having witnessed a CAGR of 4.2% from 2017 to 2022 and having a forecasted CAGR of 5.4% for the next decade. Used boats are significantly cheaper than buying brand new, which is a bonus both for first-timers buying a first vehicle and for repeat buyers. Used boats are also available immediately, which is a prominent advantage. In the US, the current boom in the past few years in the boating industry has led to shipments that would at one point be delivered in a few weeks suddenly having a waiting period of several months.

Unlike a brand new boat, a consumer can physically see and immediately try out the exact boat they wish to purchase instead of a trial model. Consumers may also prefer to buy used ones because old boats are often already kitted out by the past owners, which means they will be significantly cheaper than equivalently equipped new boats. They have also already been tested for time and can be tested by hired professionals on the spot immediately by the potential buyers, unlike in new boats where one must place the order, wait for it to arrive, perform any tests, and then undergo complicated return processes if standards are not met.

Region-wise Insights

How is europe shaping up to be a significant component of global leisure boat demand.

Europe benefits from having 37,000 Km of inland waterway and a more than 70,000 Km long coastline. It contributes to around 25.1% of the global Leisure Boat Demand. According to data from the International Council of Marine Industry Associations, the boating industry in Europe consists of over 32,000 companies and employs over 280,000 people. Approximately 48 million Europeans take part in leisure boat activities, and this market is expected to continue growing, reaching a forecasted market value of US $19.6 Billion  with a CAGR of 5.8% by 2032.

Country-wise Insights

The usa remains the largest contributor to market demand..

According to the USA Department of Commerce’s Bureau of Economic Analysis (BEA), recreational boating and fishing contribute the most to the outdoor recreation economy, with a 30% increase from 2019 to 2020. The boating industry in the US accounts for over 4.3 Million jobs. The US is also currently experiencing a boating boom, with sales numbers reaching a record high. The USA Bureau of Economic Analysis data for 2020 showed that boating and fishing in general contributed US$ 30.8 Billion  in current-dollar value added in 2020, a record high after 13 years. The US witnessed a CAGR OF 4.4% from 2017 to 2021 and presents an absolute dollar opportunity of US$ 10.1 Billion. The forecasted market value by 2032 is US$ 26.3 Billion  at a CAGR of 5%.

Category-wise Insights

Why are diesel propulsion systems so popular.

Diesel is the most revenue-contributing type of leisure boat. Diesel is nearly 20% more efficient than a gasoline engine. The quality of oil required by these engines is also not very high, with most using very cheap fuel. The key factor, however, is the additional torque a diesel engine can provide, caused by the fact that there is a higher compressing ratio needed for compression ignition. The greater crankshaft offset required by this process gives a greater torque even at lower RPMs. Diesel-based propulsion systems witnessed a CAGR of 4.4% from 2017 to 2021 and the forecasted CAGR for the 2022 to 2032 time period is 5.3%.

Competitive Landscape

Leisure boat manufacturers are largely aiming at developing their products and harnessing new technologies. The key companies operating in the leisure boat market include Avon Marine, Azimut Benetti Group, Baja Marine, Bavaria Yachtbau GmbH, Bombardier Recreational Products Inc., Brunswick Corporation, Chaparral Boats, Inc., Catalina Yachts, Farr Yacht Design, Ltd., Ferretti S.P.A., Fountain Powerboats, Inc., Groupe Beneteau, Sunseeker International Limited, Malibu Boats, Marine Product Corporation, MasterCraft Boat Company, Polaris Inc., and Ranger Boats among others.

Some of the recent developments by key providers of Leisure Boats are as follows

• In February 2022, Norway-based companies Hynion AS, a hydrogen fuel company, and Hyrex AS, a hydrogen technology company, established a Joint Venture. They have announced plans to launch a floating hydrogen station to refuel leisure boats.
• In January 2022, Yamaha Marine Systems Company, a subsidiary of Yamaha Motor Corporation acquired Siren Marine, an IoT solutions provider for marine applications.
• In November 2021, Arc Boat Company, a stealth-mode start-up raised US $30 Million in Series A funding. The company plans to join the movement for the shift to electric and aims to release its limited edition US$ 300,000, 24-foot battery-powered boat, Arc One later in 2022.

Similarly, recent developments related to companies manufacturing Leisure Boats have been tracked by the team at Future Market Insights, which is available in the full report.

Key Segments Covered in Leisure Boats Industry Survey

Leisure boats market by type:.

• Motorized/Power Boats
• Non-motorized Boats
• Boat and Yacht Monitoring Solutions
• IoT Sensors
• Telematics Solutions
• Other Equipment

Leisure Boats Market by Propulsion System:

• Electric / Hybrid

Leisure Boats Market by Region:

• North America Leisure Boats Market
• Europe Leisure Boats Market
• Asia Pacific Leisure Boats Market
• Middle East & Africa Leisure Boats Market
• Latin America Leisure Boats Market

Frequently Asked Questions

How much is the global leisure boats market currently worth.

The global Leisure Boats Market was valued at US$ 42.6 Billion in 2021 and witnessed a CAGR of 4.7% from 2017 to 2021.

What is the Leisure Boats Market Forecast through 2032?

The Leisure Boat industry is set to witness a growth rate of 5.8% over the forecast period and be valued at US$ 78.4 Billion by 2032.

At what rate did demand for the Leisure boat Market increase over the past 5 years?

The Leisure Boats Market expanded at a CAGR of 4.7% from 2017 through 2021.

Who are the key players shaping the Leisure boat industry?

Avon Marine, Azimut Benetti Group, Baja Marine, Bavaria Yachtbau GmbH, Bombardier Recreational Products Inc., Brunswick Corporation, and Chaparral Boats, Inc. are the key players in the Leisure boat market.

Who are the top 5 countries driving the highest sales of Leisure boats?

The USA, UK, China, Japan, and South Korea are expected to drive the most sales growth of leisure boats.

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• Automotive and Transportation
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Leisure Boat Market

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

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

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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.

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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.

By type, the market is divided into:

• Motorised 
• Non-Motorised
• Motorised/Power Boat
• Non-Motorised Boat
• Boat and Yacht Monitoring Solutions 
• IoT Sensors
• Telematics Solutions 

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.

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

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

*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

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.

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.

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Housing outlook: Why 2024 will be a better market for both sellers and buyers

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The California Association of Realtors forecasts a more robust housing market in 2024.

During the group’s annual Reimagine! Conference & Expo held in Anaheim on Sept. 19-21, Jordan Levine, senior vice president and chief economist of the association, said slower economic growth and cooling inflation will bring down mortgage interest rates, which will spur home sales and create a better housing market for both buyers and sellers.

The association, he said, predicts the U.S. gross domestic product (the sum of all goods and services produced within a nation’s borders) to grow by 0.7% in 2024, after a projected uptick of 1.7% for 2023. (The ideal growth rate is between 2% and 3%, according to economists who use the GDP to measure the country’s economic health.)

Levine noted the following current market strengths: Home prices are rising, the market is not crashing, the economy continues to expand, and homeownership is still desired and valued by Americans, he said. Among current market challenges, he said, are housing affordability, a decline in homeownership and interest rates that are expected to remain elevated.

Inflation and interest rates

Levine indicated that inflation will continue its gradual decline over the next 18 months. The rate of inflation is expected to drop from 3.9% this year to 2.6% in 2024, according to the Consumer Price Index used to measure the average change of prices over time.

The average 30-year, fixed mortgage interest rate is expected to see a slight decline to 6%. It will still be higher than levels seen in the years prior to the pandemic.

“With the economy expected to soften in 2024, the Federal Reserve Bank will begin loosening its monetary policy next year. Mortgage rates will trend down throughout 2024, and the average 30-year, fixed-rate mortgage could reach the mid-5% range by the end of next year,” Levine said. “Buyers will have more financial flexibility to purchase homes at higher prices, which could generate increased housing demand and result in more upward pressure on home prices.”

Home sales and prices

The California Association of Realtors is projecting single-family home sales to increase by 22.9% next year with the sale of 327,100 homes statewide. That’s up from the projected sales volume of 266,200 homes for 2023 and lower than 2022, which saw 342,000 homes sold.

The association also forecasts California’s median home price to reach $860,300, a 6.2% increase from 2023’s projected annual median home price of $810,000. In 2022, the median home price was $822,300.

The state’s median home price rose to a 15-month high in August when it reached $859,800, the highest since it peaked at $893,200 in May 2022. The most expensive median home prices in August were located in the Silicon Valley counties of San Mateo and Santa Clara.

The association indicated Santa Clara County’s median price for a single-family home in August shot up to $1.85 million, a 12.3% increase compared to the median price of $1.65 million during the same time in 2022 and 2.9% more than the previous month’s median price of $1.8 million in July. In San Mateo County, the August median home price of $1.95 million was the same compared to August 2022 and slightly lower than the previous month’s median price of $1.98 million in July.

“The market was especially strong in August in Santa Clara County, where according to MLS data the year-over-year median price in many cities increased in double-digit percentages. Homebuyers are still paying over asking,” said Jim Hamilton, president of the Silicon Valley Association of Realtors .

Hamilton said the Federal Reserve’s decision not to raise the interest rate in September has allayed concerns that more interest hikes could bring a recession.

“The hope is that the Fed will stop raising interest rates. This will put more homebuyers and sellers at ease,” said Hamilton.

“A more favorable market environment with lower borrowing costs, coupled with an increase in available homes for sale, will motivate buyers and sellers to reenter the market next year,” Jennifer Branchini, president of the California Association of Realtors, said. “First-time buyers who were squeezed out by the highly competitive market in the last couple of years will try to attain their American dream next year.”

She also believes that more homeowners will start to feel less “locked in” to staying in their homes due to significant cost increases in moving associated with growing interest rates.

“Repeat buyers who have overcome the ‘lock-in effect’ also will return to the market as mortgage rates begin to trend down,” she said.

Silicon Valley Association of Realtors (SILVAR) is a professional trade organization representing 5,000 Realtors and affiliate members engaged in the real estate business on the Peninsula and in the South Bay. SILVAR promotes the highest ethical standards of real estate practice, serves as an advocate for homeownership and homeowners, and represents the interests of property owners in Silicon Valley.

The term Realtor is a registered collective membership mark which identifies a real estate professional who is a member of the National Association of Realtors and who subscribes to its strict Code of Ethics.

There’s more …

Looking for more real estate stories? Read Embarcadero Media’s latest Real Estate headlines .

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Finally, it's a buyer's market for cars, forecast says

Following years of supply chain disruptions and inflation, the auto market is finally returning to normal.

While new vehicle supplies are almost back to pre-pandemic levels, affordability issues are keeping demand in check, resulting in lower prices for new and used vehicles.

What You Need To Know

The average transaction price for a new vehicle in march is $47,244 — 2% less compared with a year ago new car prices have fallen 5% from their peak in december 2022 used car prices are expected to fall 0.7% by the end of 2024 affordability issues are changing the types of vehicles consumers are buying.

“We have a slowing economy with high rates,” Cox Automotive Chief Economist Jonathan Smoke said Thursday during a briefing on first quarter auto sales and the industry’s outlook for 2024. “Retail sales and consumer spending data suggest high rates and stubborn inflation have finally caused consumers to pause on spending.”

That’s dropped the average transaction price for a new vehicle to $47,244 in March — a 5% decline from its almost $50,000 peak in December 2022, and a 2% drop compared with a year ago. Still, prices are over 20% higher than they were in 2020.

Used vehicle prices fell 7% in 2023 and will fall another 0.7% by the end of this year, Cox Automotive predicts.  In the last week alone, the average retail price for a used model year 2021 vehicle fell 0.1%.

“The vehicle market is still recovering from a period of high inflation. The COVID-created supply shortage began to significantly disrupt sales around May 2021 when dealers’ shelves started to become bare, and the shortage of supply caused prices to spike,” according to Cox Automotive Senior Economist Charlie Chesbrough.

Higher vehicles prices compared with prior to the pandemic are changing the types of vehicles consumers are buying. Full-size pickup trucks and mid-size SUVs, which have dominated the market for years, are beginning to see declines, replaced by increasing sales of compact SUVs, subcompact SUVs and compact cars that come with lower price tags.

“The affordability issue is not only impacting how many vehicles are sold but what kinds as well,” Chesbrough said. “Some of these big pickup truck buyers have switched to smaller and midsize pickups, which has now grown to be the ninth largest segment.”

Electric vehicle sales increased 15% in the first quarter of 2024, largely driven by transaction prices that fell 12.8% in February compared with a year earlier. The average price of a new EV is now $52,314.

Overall inventories of new vehicles in March are 50% higher than a year ago. There are 940,000 more vehicles on dealer lots than there were at this time last year.

The collapse of the Francis Scott Key Bridge this week isn’t likely to create problems for the U.S. auto market, despite Baltimore being the top port for auto shipments.

“At the rate supply is growing, we will return to pre-COVID levels of 3+ million vehicles sometime later this year,” Chesbrough said.

“More supply has brought the return of discounting and incentives, and it’s brought the return of product selection for consumers,” he said. “The rest of 2024 is expected to show more of the same: more supply, more discounts, more incentives, more EVs and more competition, all of which is expected to benefit vehicle buyers and lead to slightly more vehicle sales.”

With 15.7 million in projected new vehicle sales and 36.6 million for used this year, 2024 is likely to be the fourth most profitable year for auto makers, despite lower vehicle prices.