The Recreational Boat Market size is projected to reach USD 32.53 Billion by 2028 from an estimated USD 27.55 Billion in 2021, growing at a CAGR of 2.4% globally.
Recreational boats are generally, vessels that are manufactured or to be used specifically for non-commercial use or leased or rented for any given commercial use later on. Such boats are utilized for sailing, fishing, travel through waterways, and leisure purposes which are specifically for private use. As rising popularity of outdoor activities and water sports with increasing participation of young crowd to engage in such activities, especially in adventure water sports and recreational boating activities are likely to push the recreational boat market revenue. A growing trend in recreational fishing and sea outing has seen major growth in North America, European cost lines, and Caribbean island cluster.
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The latest research on the Recreational Boat market provides a comprehensive overview of the market for the years 2022 to 2028. It gives a comprehensive picture of the global Recreational Boat industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Recreational Boat market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Leading companies reviewed in the Recreational Boat Market report are:
Brunswick Corporation,Groupe Beneteau,Malibu Boats,Polaris Inc.,MasterCraft Boat Company,Candela,DOMANI Yachts,Edorado Marine,Elco Motor Yachts,Electracraft and other major players.
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Key Chapter Will Be Provided In The Report
- Patent Analysis
- Regulatory Framework
- Technology Roadmap
- BCG Matrix
- Heat Map Analysis
- Price Trend Analysis
- Investment Analysis
- Company Profiling and Competitive Positioning
- Industry Value Chain Analysis
- Market Dynamics and Factors
- Porter’s Five Forces Analysis
- Pestle Analysis
- SWOT Analysis
Segmentation of Recreational Boat Market:
By Type, Recreational Boat has been segmented into:
Yachts,Sailboats,Personal Watercraft,Inflatables,Others
By Engine Placement, Recreational Boat has been segmented into:
Outboards,Inboards,Others
Segment by Regions and Countries Level Analysis:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
- Middle East Africa (GCC Countries, South Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of South America)
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Covid-19 Impact and Recovery Analysis on Industry:
We've kept track of Covid-19's direct impact on this market as well as its indirect impact on other industries. During the analysis period, the impact of the Covid-19 pandemic on the market is predicted to be significant. From a worldwide and regional viewpoint, this report examines the influence of the pandemic on the Recreational Boat industry. The study categories the Recreational Boat industry by type, application, and consumer sector to determine market size, market features, and market growth. It also includes a thorough examination of the factors that influenced market development before and after the Covid-19 pandemic. In addition, the research did a pest analysis in the sector to investigate major influencers and entrance obstacles.
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Scope Of The Recreational Boat Market Research Report
Report Metric | Details |
Market size available for years | 2022-2028 |
Base year considered | 2021 |
Forecast period | 2022-2028 |
Forecast units | Million (USD) |
Why Purchase the Report?
- Visualize the composition of the global Recreational Boat market products in terms of Product and application highlighting the critical commercial assets and players.
- Identify commercial opportunities in the global Recreational Boat market by analyzing trends and co-development deals.
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
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