Home Industry Reports Custom Research Blogs About Us Contact us

Leisure Boat Market Size & Share, By Type (New Leisure Boat, Used Leisure Boat), Product (Motorized, Non-motorized), Regional Forecast, Industry Players, Growth Statistics Report 2023-2030

Report ID: FBI 1070


Published Date: Aug-2023


Format : PDF, Excel

Market Outlook:

Leisure Boat Market size surpassed USD 40.19 Billion in 2022 and is poised to reach USD 69.83 Billion, growing at over 6.1% CAGR between 2023 and 2030. The market growth is driven by increasing disposable income, rising popularity of recreational activities, and the growing tourism industry. The market valuation of the leisure boat industry has been rising steadily, and experts project continued growth in the coming years.

Base Year Value (2022)

USD 40.19 Billion

18-23 x.x %
24-33 x.x %

CAGR (2023-2030)


18-23 x.x %
24-33 x.x %

Forecast Year Value (2030)

USD 69.83 Billion

18-23 x.x %
24-33 x.x %
Leisure Boat Market

Historical Data Period


Leisure Boat Market

Largest Region

North America

Leisure Boat Market

Forecast Period


Get more details on this report -

Market Dynamics:

Growth Drivers & Opportunities:

1. Increasing Disposable Income: Rising disposable income among individuals has led to increased spending on recreational activities, including leisure boating. As people have more disposable income, they are more likely to invest in leisure boats for personal use, contributing to the market's growth.

2. Growing Popularity of Recreational Activities: The growing interest in leisure activities, such as fishing, watersports, and cruising, has fueled the demand for leisure boats. Boat enthusiasts are seeking new experiences and are turning to leisure boating to fulfill their desires, bolstering market growth.

3. Booming Tourism Industry: The tourism industry plays a significant role in driving the leisure boat market. Coastal and travel destinations are attracting a large number of tourists, who often engage in leisure boating activities. The demand for leisure boats has soared due to the influx of tourists seeking unique experiences.


Industry Restraints & Challenges:

Report Scope

Report CoverageDetails
Segments CoveredType, product, region
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company ProfiledAvon Marine, Azimut Benetti Group, Baja Marine, Bavaria Yachtbau GmbH, Bombardier Recreational Products (BRP) Inc., Brunswick Corporation, Chaparral Boats, Inc., Farr Yacht Design, Ltd., Ferretti S.P.A., Fountain Powerboats, Inc.

Unlock insights tailored to your business with our bespoke market research solutions - Click to get your customized report now!

1. High Initial Cost: The initial cost of purchasing a leisure boat can be substantial, which acts as a hindrance for potential buyers. The cost of owning and maintaining a leisure boat, including docking fees, insurance, and maintenance, can also be a deterrent for some individuals. These factors may limit the market's growth to some extent.

2. Seasonal Nature of Demand: In certain regions, the demand for leisure boats can be seasonal, particularly in areas with harsh winters or adverse weather conditions. This seasonality can impact the market's growth rate and pose challenges for manufacturers and sellers.

3. Environmental Concerns: The leisure boat industry faces scrutiny in terms of its impact on the environment, specifically related to emissions and pollution. Regulations aimed at reducing pollution and carbon emissions from boats may pose challenges for manufacturers and necessitate the development of eco-friendly and sustainable leisure boat solutions.

In conclusion, the leisure boat market is experiencing positive growth prospects due to factors such as increasing disposable income, the popularity of recreational activities, and the booming tourism industry. However, challenges such as high initial costs, seasonality, and environmental concerns need to be addressed to sustain and propel further growth in the market.

Report Coverage & Deliverables

Historical Statistics Growth Forecasts Latest Trends & Innovations Market Segmentation Regional Opportunities Competitive Landscape
Leisure Boat Market
Leisure Boat Market

Regional Forecast:

1. North America:

- The leisure boat market in North America is expected to witness significant growth due to the region's high disposable income and the presence of a large coastline. The United States and Canada are the major contributors to the market growth. Rising interest in recreational activities like fishing, cruising, and water sports among individuals is driving the demand for leisure boats in this region.

2. Asia Pacific:

- The Asia Pacific region is projected to experience substantial growth in the leisure boat market, primarily driven by countries like China, Japan, and Australia. Increasing urbanization, rise in disposable income, and growing popularity of water-based recreational activities are propelling the demand for leisure boats. Additionally, the booming tourism industry in countries like Thailand and Malaysia further augments the market growth.

3. Europe:

- Europe is one of the prominent markets for leisure boats due to its extensive waterways, rivers, and coastal areas. The region offers a diverse range of cruising destinations and water-based activities, attracting a large number of tourists and locals alike. Countries such as Italy, France, and Greece are popular for boating and sailing, which contributes significantly to the leisure boat market in Europe.

Get more details on this report -

Segmentation Analysis:

1. Type Segment:

- Sailboats: These leisure boats are propelled by the use of sails, typically consisting of a mast and one or more sails. They are suitable for those who enjoy a more traditional and sustainable experience on the water. Sailboats provide a peaceful and serene way to navigate the open waters while enjoying the tranquility of the wind and waves.

Get more details on this report -

Competitive Landscape:

The leisure boat market is highly competitive, with several key players dominating the industry. Some of the major market players include:

1. Brunswick Corporation

2. Malibu Boats, Inc.

3. Groupe Beneteau

4. Ferretti Group

5. Yamaha Motor Co., Ltd.

6. Azimut-Benetti Group

7. Princess Yachts International PLC

8. Sunseeker International Limited

9. Bavaria Yachtbau GmbH

10. Bombardier Recreational Products Inc.

These companies engage in strategies such as product innovation, partnerships, and mergers & acquisitions to gain a competitive edge in the market. They focus on offering a diverse range of leisure boats, targeting different customer segments and preferences. With continuous advancements in technology and increasing consumer demand, the competitive landscape of the leisure boat market is expected to intensify further.

Our Clients

Why Choose Us

Specialized Expertise: Our team comprises industry experts with a deep understanding of your market segment. We bring specialized knowledge and experience that ensures our research and consulting services are tailored to your unique needs.

Customized Solutions: We understand that every client is different. That's why we offer customized research and consulting solutions designed specifically to address your challenges and capitalize on opportunities within your industry.

Proven Results: With a track record of successful projects and satisfied clients, we have demonstrated our ability to deliver tangible results. Our case studies and testimonials speak to our effectiveness in helping clients achieve their goals.

Cutting-Edge Methodologies: We leverage the latest methodologies and technologies to gather insights and drive informed decision-making. Our innovative approach ensures that you stay ahead of the curve and gain a competitive edge in your market.

Client-Centric Approach: Your satisfaction is our top priority. We prioritize open communication, responsiveness, and transparency to ensure that we not only meet but exceed your expectations at every stage of the engagement.

Continuous Innovation: We are committed to continuous improvement and staying at the forefront of our industry. Through ongoing learning, professional development, and investment in new technologies, we ensure that our services are always evolving to meet your evolving needs.

Value for Money: Our competitive pricing and flexible engagement models ensure that you get maximum value for your investment. We are committed to delivering high-quality results that help you achieve a strong return on your investment.

Select Licence Type

Single User

US$ 4250

Multi User

US$ 5050

Corporate User

US$ 6150

Leisure Boat Market Size & Share, By Type (New Lei...

RD Code : 24