Recreational boat market is growing at a CAGR of 3% during the forecast period. Recreational Boats Market Market research report allows making important decision making essential for business growth. It helps key participants further in applying right business ideas to grow business and choose the right business doing strategy. Having complete understanding of what purchasers are looking for in the market and which factors can influence their purchasing decision greatly helps to make investment in the right product development and launch it accordingly. It is also crucial for major participants to understand the behavior of target customers to bring novel products into the market. This Recreational Boats Market report serves as a blueprint to get thorough study of market competition, target audience and entire market.
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The recreational boat market is segmented on the basis of type and power mode. By type, the market is further divided into a cruising boat, fishing boat and water sports boats. Cruising boats are used by the people for relaxing and entertaining on the water. It generally has rooms and some models offer facilities for overnight. Cruising boats include pontoon boat, sailboat, trawler boats, and cabin cruiser boats. Fishing boats have open cockpits which provide more deck space due to which it is easier for fishing. Small boats don’t have much room for seating however, larger boats may have a cabin for overnight trips. Fishing boats include bass boats, center console boats, aluminum fishing boats, walkaround boats. Water Sports boat is specifically designed for fast speed and offer a thrilling ride. It generally has towing capabilities. Water Sports boats include fish & ski boats, wakeboard boats, jet boats, and personal watercraft. Cruising boats are expected to have a major market share during the forecast period. Pontoon boats are among the most popular boats globally.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Recreational Boat Market by Type
- Cruising Boats
- Fishing Boats
- Water Sports Boats
Global Recreational Boat Market by Power Mode
- Engine Powered
- Sail Powered
- Human Powered
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Azimut Benetti Group
- Bavaria Yachtbau GmbH
- Bénéteau S.A.
- Bennington Marine, LLC
- Brunswick Corp.
- Catalina Yachts
- Ferretti S.P.A.
- Grady-White Boats, Inc.
- Hobie CAT Company, Inc.
- Kawasaki Motors Corp.
- Lund Boat Company, Inc.
- Mahindra Marine Pvt. Ltd.
- Marine Products Corp.
- MarineMax, Inc.
- MasterCraft Boat Holdings, Inc.
- Polaris Industries Inc.
- Sunseeker International, Ltd. (Dalian Wanda Group Co Ltd.)
- Viking Yacht Company
- White River Marine Group (Ranger Boats)
- Yamaha Motor Co., Ltd.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global recreational boat market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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