The Business Research Company’s Yacht Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Yacht Global Market Report 2023 evaluates yacht market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global yacht market is expected to grow to $11,072.8 million in 2027 at a rate of 5.9%. The market is then expected to grow at a CAGR of 4.2% from 2027 and reach $13,631.3 million in 2032.
Government support is expected to drive the growth of the yacht market going forward. The governments of various countries are supporting the tourism sector to produce new solutions to better serve the industry. For example, in March 2023, the UAE-based Leisure Marine Association MENA and Capt. Abdullah Alhayyas, the Director of the Maritime Transport Affairs Department at the UAE Ministry of Energy and Infrastructure, signed a Memorandum of Understanding (MoU) at the Dubai International Boat Show. The Leisure Marine Association is a marine trade association that represents the interests of the boating and yachting industries and is an advocate for the leisure marine community across the Middle East and North Africa. Further, in August 2022, South Africa’s Ocean sailing community launched a last-ditch effort to save coastal yacht clubs that are in danger of being squeezed out of ports run by the Transnet National Ports Authority (TNPA). Therefore, government support will increase the demand for the tourism industry, thereby increasing the demand for the yacht market.
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The yacht market segments in the report are:
1) By Type: Super Yacht; Flybridge Yacht; Sport Yacht; Long Range Yacht; Other Types
2) By Length: Up To 20 Meters; 20-50 Meters; Above 50 Meters
3) By Propulsion: Motor; Sail”
The table of contents in TBRC’s yacht market report includes:
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
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18. Competitive Landscape And Company Profiles
19. Key Mergers and Acquisitions
20. Opportunities And Strategies
21. Yacht Market, Conclusions And Recommendations
22. Appendix
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