Boat Rental Market was valued at USD 18.45 Billion in 2021, and is expected to reach USD 29.67 Billion by 2029, exhibiting a CAGR of 6.12 % during the forecast period (2022-2029).
Market Overview
The leading business consulting firm Maximize Market Research has announced research report on the Boat Rental market. The research contributes the information on global and regional markets, as well as thorough analysis of the market’s long term prospects. A description and graphical representation of key competitors and the most recent successful marketing strategies and tactics, contributions and current and historical backdrop are all included in the report.
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Market Scope
The research report pinpoints the major drivers and restraints for key companies, and the current benchmarking and development prospects. It looks into the demand in the industry and for market predictions, market trends and micro and macro variables in the detail. The research analyses the market value in terms of value and volume estimated on real numbers and outputs of the major players across the globe. The report constitutes an in depth analysis of the Boat Rental market and its segmentation. It also provides the investors and readers with regional analysis of the market dynamics which assists them to compare the past and current trends of the market scenarios. The primary and secondary data are analysed to understand the depth of the market. Primary data consists of many interviews of industry specialists and experts, market leaders and entrepreneurs and marketing professionals. Secondary data was collected through the list of sources for maximum reliability of the inferences which includes official databases of various organisations and government sites, industry journals, white papers, annual reports, releases of product manufacturers and suppliers in the industry along with paid databases.
Segmentation
Based on Boat Class, Boat Rental Market is segmented by Luxury, Sports, and Entry. In the year 2021, luxury boat segment held a large market share of 38.12%. The luxury boat segment is expected to maintain its position in the global boat rental market and rise at a CAGR of 3.67 % during the forecast period due to increasing interest in luxury cruising, mainly among rich people around the world. The trend like exploring new tourist destinations have attracted the rich & the general public to travel across the world. Additionally, key players focus on providing greater comfort & luxurious cruises for their passengers by providing premium facilities, like internet services, bars & restaurants. This is expected to increase the luxury segment of the boat rental market. Rich people and high tax payers are investing more in boats and yachts and operating them for profit, either directly or through third party administration. Additionally, customers in the United States, particularly high net worth people, hire luxury boats or prefer canoe rentals for water sports & adventure tourism.
Key Players
• GetMyBoat, Inc.,
• Click&Boat,
• Sailo, SamBoat
• GlobeSailor
• Yachtico Inc.
• Boatjump SL
• BoatBureau
• Ocean Serenity
• Boatsetter
• Groupe Beneteau
• Zizoo
• BorrowABoat
Regional Analysis
The reports presents the Boat Rental market’s growth a detailed analysis. It describes the most dominant regions such as North America, Asia Pacific, Europe, Latin America and the Middle East and Africa which has global influence. The differentiation of the market in different regions is understood in regional analysis. The report helps in planning the market strategies by understanding the regional market.
Key Questions answered in the Boat Rental Market Report are:
- What is Boat Rental Market?
- What is the forecast period of the Boat Rental Market?
- What is the competitive scenario of the Boat Rental market?
- Which region held the largest market share in the Boat Rental Market?
- What are the opportunities for the Boat Rental Market?
- What factors are affecting the Boat Rental market growth?
- Who are the key players of the Boat Rental market?
- Which company held the largest share in the Boat Rental market?
- What will be the CAGR of the Boat Rental market during the forecast period?
- What key trends are likely to emerge in the Boat Rental market in the coming years?
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Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Boat Rental Market
- Landscape- Leading key players and other prominent key players.
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