Leisure Boat Market by Type (Used Leisure Boat, New Leisure Boat), Product (Motorized, Non-motorized), and Geography - Global Industry Analysis, Opportunities and Forecast up to 2029

Leisure Boat Market Size

The leisure boat market size was valued at $48.14 billion in 2023 and is projected to reach $69.45 billion by 2029, growing at a CAGR of 6.3% from 2023 to 2029.

Leisure Boat Market Overview

A leisure boat, commonly known as a pleasure craft or recreational vessel, is a watercraft designed and utilized primarily for the enjoyment and leisure activities of its occupants. These boats are not typically intended for commercial or industrial purposes but rather serve as a means of relaxation, entertainment, and outdoor recreation. Leisure boats come in various forms and sizes, ranging from small sailboats and motorized yachts to larger luxury cruisers. They are often equipped with amenities such as cabins, kitchens, and entertainment systems to enhance the recreational experience for those on board. Leisure boating activities include sailing, fishing, water sports, cruising, and simply enjoying the tranquility of being on the water. Whether used for day trips or extended vacations, leisure boats provide individuals and families with a platform to unwind, connect with nature, and indulge in the pleasures of maritime recreation.

Market Dynamics:

Growth Drivers

• Development of environmentally friendly recreational boats.
• Rising demand for recreational activities.

Constraints

• Expensive maintenance costs.
• Strict governmental rules and restricted access to water sources.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Based on type, the market is bifurcated into used leisure boat and new leisure boat.

By product, the market is fragmented into motorized and non-motorized.

List of the Key Players Profiled in the Report Includes:

• Ferretti Group
• Malibu Boats
• MasterCraft Boat Holdings
• Brunswick Corporation
• Beneteau Group
• Bombardier Recreational Products (BRP)
• Polynesian Boats
• Princess Yachts
• Sunseeker International
• White River Marine Group

Market by, Geography:

The leisure boat market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.

The report “Global Leisure Boat Market: Industry Analysis, Opportunities and Forecast up to 2029” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2021, 2022 and offers revenue estimations for 2023, and project forecasts spanning from 2024 to 2029. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

What Can be Explored with this Research Report:

• Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Table Of Content

1 Market Introduction 
 1.1 Market Definition 
 1.2 Research Scope and Segmentation 
 1.3 Stakeholders 
 1.4 List of Abbreviations 
 
2 Executive Summary 
 
3 Research Methodology 
 3.1 Identification of Data 
 3.2 Evaluation of Market Dynamics 
 3.3 Collaboration of Data 
 3.4 Verification and Analysis 
 3.5 Research Approach 
 3.6 Data Sources and Assumptions 
 
4 Market Dynamics 
 4.1 Market Drivers 
 4.2 Market Restraints 
 4.3 Market Opportunities 
 4.4 Market Challenges 
 4.5 Impact of COVID-19 on the Leisure Boat Market 
 
5 Porter's Five Force Analysis 
 5.1 Bargaining Power of Suppliers 
 5.2 Bargaining Power of Buyers 
 5.3 Threat of New Entrants 
 5.4 Threat of Substitutes 
 5.5 Competitive Rivalry in the Market 
 
6 Global Leisure Boat Market by, Type 
 6.1 Overview 
 6.2 Used Leisure Boat 
 6.3 New Leisure Boat 
 
7 Global Leisure Boat Market by, Product 
 7.1 Overview 
 7.2 Motorized 
 7.3 Non-motorized 
 
8 Global Leisure Boat Market by, Geography 
 8.1 Overview 
 8.2 North America 
 8.2.1 US
 8.2.2 Canada
 8.2.3 Mexico
 8.3 Europe 
 8.3.1 Germany
 8.3.2 France
 8.3.3 UK
 8.3.4 Italy
 8.3.5 Spain
 8.3.6 Rest of Europe
 8.4 Asia Pacific 
 8.4.1 China
 8.4.2 Japan
 8.4.3 India
 8.4.4 South Korea
 8.4.5 Australia
 8.4.6 New Zealand
 8.4.7 Rest of Asia Pacific
 8.5 South America 
 8.5.1 Brazil
 8.5.2 Argentina
 8.5.3 Chile
 8.5.4 Rest of South America
 8.6 Middle East & Africa 
 8.6.1 UAE
 8.6.2 Saudi Arabia
 8.6.3 Qatar
 8.6.4 Iran
 8.6.5 South Africa
 8.6.6 Rest of Middle East & Africa
 
9 Key Developments 
 
10 Company Profiling 
 10.1 Ferretti Group 
 10.1.1 Business Overview
 10.1.2 Product/Service Offering
 10.1.3 Financial Overview
 10.1.4 SWOT Analysis
 10.1.5 Key Activities
 10.2 Malibu Boats 
 10.3 MasterCraft Boat Holdings 
 10.4 Brunswick Corporation 
 10.5 Beneteau Group 
 10.6 Bombardier Recreational Products (BRP) 
 10.7 Polynesian Boats 
 10.8 Princess Yachts 
 10.9 Sunseeker International 
 10.10 White River Marine Group