Leisure Boats Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
A leisure boat is a recreational boat that is used for tourism, and waterosporting activities. These boats have luxurious infrastructures such as accommodation facilities, cabins, and other amenities. Globalization has remarkably influenced the lifestyle preferences of the majority, particularly in urban cities. Owing to the trend, the pleasure boat market experiences itself at the crossroad, where it is willing to reimagine their offerings to cope up with the novel ways of leisure boats. More such developments are expected to be seen in the coming years, having a unique impact on the Leisure boat market during the forecast period.
MARKET SCOPE
The "Global Leisure Boats Market Analysis to 2028" is a specialized and inodepth study of the Manufacturing and Construction industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Leisure Boats market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading Leisure Boats market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the market is segmented as new leisure boats, and used leisure boats.
- The market on the basis of the application is classified as sailboats, dry cargo vessels, runabouts, towboats, jet boats, cabin cruiser, and watercrafts.
Drivers
- The development of modern boat layouts to boost the demands for Leisure Boats.
- Technological advancements is bolstering the significant demand for Leisure Boats worldwide.
- High initial cost is estimated to be a restraint to the global Leisure Boats market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, AsiaoPacific (APAC), the Middle East and Africa (MEA), and South America. The Leisure Boats market by each region is later subosegmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i. e. , drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Leisure Boats market in these regions.
IMPACT OF COVID-19 ON LEISURE BOATS MARKET
The outbreak of the COVID-19 has severely impacted the Manufacturing and Construction industries, which resulted in lower sales of Leisure Boats based product in the year 2020. The Leisure Boats market players struggled to gain profits by selling their products worldwide. Further, the shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and declined the sale of Leisure Boats for specific periods. Overall, the sales were down in 2020, while the beginning of the 2021 market normalized the sale volume with an increase in manufacturing activities. The growing participation of people in recreational and competitive boating activities is anticipated to boost the Leisure Boats market in the post pandemic era.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, AsiaoPacific (APAC), the Middle East and Africa (MEA), and South America. The Leisure Boats market by each region is later subosegmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i. e. , drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Leisure Boats market in these regions.
IMPACT OF COVID-19 ON LEISURE BOATS MARKET
The outbreak of the COVID-19 has severely impacted the Manufacturing and Construction industries, which resulted in lower sales of Leisure Boats based product in the year 2020. The Leisure Boats market players struggled to gain profits by selling their products worldwide. Further, the shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and declined the sale of Leisure Boats for specific periods. Overall, the sales were down in 2020, while the beginning of the 2021 market normalized the sale volume with an increase in manufacturing activities. The growing participation of people in recreational and competitive boating activities is anticipated to boost the Leisure Boats market in the post pandemic era.
MARKET PLAYERS
The report covers key developments in the Leisure Boats market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as power launches, power approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Leisure Boats market are anticipated to provide lucrative growth opportunities in the future with the rising demand for Leisure Boats in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Leisure Boats market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Avon Marine
- Baja Marine
- Bavaria Yachtbau GmbH
- Brunswick Corporation
- Carlisle Paddles Inc.
- Chaparral Boats, Inc.
- Farr Yacht Design, Ltd.
- Ferretti S. P. A.
- Fountain Powerboat
- Sunseeker International Limited
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1. 1. SCOPE OF THE STUDY
1. 2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1. 3. MARKET SEGMENTATION
1. 3. 1Leisure Boats Market - By Type
1. 3. 2Leisure Boats Market - By Application
1. 3. 3Leisure Boats Market - By Region
1. 3. 3. 1By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. LEISURE BOATS MARKET LANDSCAPE
4. 1. OVERVIEW
4. 2. PORTER""S FIVE FORCES ANALYSIS
4. 2. 1Bargaining Power of Buyers
4. 2. 1Bargaining Power of Suppliers
4. 2. 1Threat of Substitute
4. 2. 1Threat of New Entrants
4. 2. 1Competitive Rivalry
4. 3. ECOSYSTEM ANALYSIS
4. 4. EXPERT OPINIONS
5. LEISURE BOATS MARKET - KEY MARKET DYNAMICS
5. 1. KEY MARKET DRIVERS
5. 2. KEY MARKET RESTRAINTS
5. 3. KEY MARKET OPPORTUNITIES
5. 4. FUTURE TRENDS
5. 5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. LEISURE BOATS MARKET - GLOBAL MARKET ANALYSIS
6. 1. LEISURE BOATS - GLOBAL MARKET OVERVIEW
6. 2. LEISURE BOATS - GLOBAL MARKET AND FORECAST TO 2028
6. 3. MARKET POSITIONING/MARKET SHARE
7. LEISURE BOATS MARKET - REVENUE AND FORECASTS TO 2028 â"" TYPE
7. 1. OVERVIEW
7. 2. TYPE MARKET FORECASTS AND ANALYSIS
7. 3. NEW LEISURE BOATS
7. 3. 1. Overview
7. 3. 2. New Leisure Boats Market Forecast and Analysis
7. 4. USED LEISURE BOATS
7. 4. 1. Overview
7. 4. 2. Used Leisure Boats Market Forecast and Analysis
8. LEISURE BOATS MARKET - REVENUE AND FORECASTS TO 2028 â"" APPLICATION
8. 1. OVERVIEW
8. 2. APPLICATION MARKET FORECASTS AND ANALYSIS
8. 3. SAILBOATS
8. 3. 1. Overview
8. 3. 2. Sailboats Market Forecast and Analysis
8. 4. DRY CARGO VESSELS
8. 4. 1. Overview
8. 4. 2. Dry Cargo Vessels Market Forecast and Analysis
8. 5. RUNABOUTS
8. 5. 1. Overview
8. 5. 2. Runabouts Market Forecast and Analysis
8. 6. TOWBOATS
8. 6. 1. Overview
8. 6. 2. Towboats Market Forecast and Analysis
8. 7. JET BOATS
8. 7. 1. Overview
8. 7. 2. Jet Boats Market Forecast and Analysis
8. 8. CABIN CRUISER
8. 8. 1. Overview
8. 8. 2. Cabin Cruiser Market Forecast and Analysis
8. 9. WATERCRAFTS
8. 9. 1. Overview
8. 9. 2. Watercrafts Market Forecast and Analysis
9. LEISURE BOATS MARKET REVENUE AND FORECASTS TO 2028 â"" GEOGRAPHICAL ANALYSIS
9. 1. NORTH AMERICA
9. 1. 1North America Leisure Boats Market Overview
9. 1. 2North America Leisure Boats Market Forecasts and Analysis
9. 1. 3North America Leisure Boats Market Forecasts and Analysis - By Type
9. 1. 4North America Leisure Boats Market Forecasts and Analysis - By Application
9. 1. 5North America Leisure Boats Market Forecasts and Analysis - By Countries
9. 1. 5. 1United States Leisure Boats Market
9. 1. 5. 1. 1United States Leisure Boats Market by Type
9. 1. 5. 1. 2United States Leisure Boats Market by Application
9. 1. 5. 2Canada Leisure Boats Market
9. 1. 5. 2. 1Canada Leisure Boats Market by Type
9. 1. 5. 2. 2Canada Leisure Boats Market by Application
9. 1. 5. 3Mexico Leisure Boats Market
9. 1. 5. 3. 1Mexico Leisure Boats Market by Type
9. 1. 5. 3. 2Mexico Leisure Boats Market by Application
9. 2. EUROPE
9. 2. 1Europe Leisure Boats Market Overview
9. 2. 2Europe Leisure Boats Market Forecasts and Analysis
9. 2. 3Europe Leisure Boats Market Forecasts and Analysis - By Type
9. 2. 4Europe Leisure Boats Market Forecasts and Analysis - By Application
9. 2. 5Europe Leisure Boats Market Forecasts and Analysis - By Countries
9. 2. 5. 1Germany Leisure Boats Market
9. 2. 5. 1. 1Germany Leisure Boats Market by Type
9. 2. 5. 1. 2Germany Leisure Boats Market by Application
9. 2. 5. 2France Leisure Boats Market
9. 2. 5. 2. 1France Leisure Boats Market by Type
9. 2. 5. 2. 2France Leisure Boats Market by Application
9. 2. 5. 3Italy Leisure Boats Market
9. 2. 5. 3. 1Italy Leisure Boats Market by Type
9. 2. 5. 3. 2Italy Leisure Boats Market by Application
9. 2. 5. 4United Kingdom Leisure Boats Market
9. 2. 5. 4. 1United Kingdom Leisure Boats Market by Type
9. 2. 5. 4. 2United Kingdom Leisure Boats Market by Application
9. 2. 5. 5Russia Leisure Boats Market
9. 2. 5. 5. 1Russia Leisure Boats Market by Type
9. 2. 5. 5. 2Russia Leisure Boats Market by Application
9. 2. 5. 6Rest of Europe Leisure Boats Market
9. 2. 5. 6. 1Rest of Europe Leisure Boats Market by Type
9. 2. 5. 6. 2Rest of Europe Leisure Boats Market by Application
9. 3. ASIA-PACIFIC
9. 3. 1Asia-Pacific Leisure Boats Market Overview
9. 3. 2Asia-Pacific Leisure Boats Market Forecasts and Analysis
9. 3. 3Asia-Pacific Leisure Boats Market Forecasts and Analysis - By Type
9. 3. 4Asia-Pacific Leisure Boats Market Forecasts and Analysis - By Application
9. 3. 5Asia-Pacific Leisure Boats Market Forecasts and Analysis - By Countries
9. 3. 5. 1Australia Leisure Boats Market
9. 3. 5. 1. 1Australia Leisure Boats Market by Type
9. 3. 5. 1. 2Australia Leisure Boats Market by Application
9. 3. 5. 2China Leisure Boats Market
9. 3. 5. 2. 1China Leisure Boats Market by Type
9. 3. 5. 2. 2China Leisure Boats Market by Application
9. 3. 5. 3India Leisure Boats Market
9. 3. 5. 3. 1India Leisure Boats Market by Type
9. 3. 5. 3. 2India Leisure Boats Market by Application
9. 3. 5. 4Japan Leisure Boats Market
9. 3. 5. 4. 1Japan Leisure Boats Market by Type
9. 3. 5. 4. 2Japan Leisure Boats Market by Application
9. 3. 5. 5South Korea Leisure Boats Market
9. 3. 5. 5. 1South Korea Leisure Boats Market by Type
9. 3. 5. 5. 2South Korea Leisure Boats Market by Application
9. 3. 5. 6Rest of Asia-Pacific Leisure Boats Market
9. 3. 5. 6. 1Rest of Asia-Pacific Leisure Boats Market by Type
9. 3. 5. 6. 2Rest of Asia-Pacific Leisure Boats Market by Application
9. 4. MIDDLE EAST AND AFRICA
9. 4. 1Middle East and Africa Leisure Boats Market Overview
9. 4. 2Middle East and Africa Leisure Boats Market Forecasts and Analysis
9. 4. 3Middle East and Africa Leisure Boats Market Forecasts and Analysis - By Type
9. 4. 4Middle East and Africa Leisure Boats Market Forecasts and Analysis - By Application
9. 4. 5Middle East and Africa Leisure Boats Market Forecasts and Analysis - By Countries
9. 4. 5. 1South Africa Leisure Boats Market
9. 4. 5. 1. 1South Africa Leisure Boats Market by Type
9. 4. 5. 1. 2South Africa Leisure Boats Market by Application
9. 4. 5. 2Saudi Arabia Leisure Boats Market
9. 4. 5. 2. 1Saudi Arabia Leisure Boats Market by Type
9. 4. 5. 2. 2Saudi Arabia Leisure Boats Market by Application
9. 4. 5. 3U. A. E Leisure Boats Market
9. 4. 5. 3. 1U. A. E Leisure Boats Market by Type
9. 4. 5. 3. 2U. A. E Leisure Boats Market by Application
9. 4. 5. 4Rest of Middle East and Africa Leisure Boats Market
9. 4. 5. 4. 1Rest of Middle East and Africa Leisure Boats Market by Type
9. 4. 5. 4. 2Rest of Middle East and Africa Leisure Boats Market by Application
9. 5. SOUTH AND CENTRAL AMERICA
9. 5. 1South and Central America Leisure Boats Market Overview
9. 5. 2South and Central America Leisure Boats Market Forecasts and Analysis
9. 5. 3South and Central America Leisure Boats Market Forecasts and Analysis - By Type
9. 5. 4South and Central America Leisure Boats Market Forecasts and Analysis - By Application
9. 5. 5South and Central America Leisure Boats Market Forecasts and Analysis - By Countries
9. 5. 5. 1Brazil Leisure Boats Market
9. 5. 5. 1. 1Brazil Leisure Boats Market by Type
9. 5. 5. 1. 2Brazil Leisure Boats Market by Application
9. 5. 5. 2Argentina Leisure Boats Market
9. 5. 5. 2. 1Argentina Leisure Boats Market by Type
9. 5. 5. 2. 2Argentina Leisure Boats Market by Application
9. 5. 5. 3Rest of South and Central America Leisure Boats Market
9. 5. 5. 3. 1Rest of South and Central America Leisure Boats Market by Type
9. 5. 5. 3. 2Rest of South and Central America Leisure Boats Market by Application
10. INDUSTRY LANDSCAPE
10. 1. MERGERS AND ACQUISITIONS
10. 2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10. 3. NEW PRODUCT LAUNCHES
10. 4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. LEISURE BOATS MARKET, KEY COMPANY PROFILES
11. 1. AL FAJER MARINE L. L. C
11. 1. 1. Key Facts
11. 1. 2. Business Description
11. 1. 3. Products and Services
11. 1. 4. Financial Overview
11. 1. 5. SWOT Analysis
11. 1. 6. Key Developments
11. 2. AL HAREB MARINE
11. 2. 1. Key Facts
11. 2. 2. Business Description
11. 2. 3. Products and Services
11. 2. 4. Financial Overview
11. 2. 5. SWOT Analysis
11. 2. 6. Key Developments
11. 3. AL SHAALI GROUP
11. 3. 1. Key Facts
11. 3. 2. Business Description
11. 3. 3. Products and Services
11. 3. 4. Financial Overview
11. 3. 5. SWOT Analysis
11. 3. 6. Key Developments
11. 4. BAVARIA YACHTBAU GMBH
11. 4. 1. Key Facts
11. 4. 2. Business Description
11. 4. 3. Products and Services
11. 4. 4. Financial Overview
11. 4. 5. SWOT Analysis
11. 4. 6. Key Developments
11. 5. BRUNSWICK CORPORATION
11. 5. 1. Key Facts
11. 5. 2. Business Description
11. 5. 3. Products and Services
11. 5. 4. Financial Overview
11. 5. 5. SWOT Analysis
11. 5. 6. Key Developments
11. 6. CHAPARRAL BOATS, INC.
11. 6. 1. Key Facts
11. 6. 2. Business Description
11. 6. 3. Products and Services
11. 6. 4. Financial Overview
11. 6. 5. SWOT Analysis
11. 6. 6. Key Developments
11. 7. FERRETTI SPA
11. 7. 1. Key Facts
11. 7. 2. Business Description
11. 7. 3. Products and Services
11. 7. 4. Financial Overview
11. 7. 5. SWOT Analysis
11. 7. 6. Key Developments
11. 8. FOUNTAIN POWERBOATS
11. 8. 1. Key Facts
11. 8. 2. Business Description
11. 8. 3. Products and Services
11. 8. 4. Financial Overview
11. 8. 5. SWOT Analysis
11. 8. 6. Key Developments
11. 9. GULF CRAFT INC.
11. 9. 1. Key Facts
11. 9. 2. Business Description
11. 9. 3. Products and Services
11. 9. 4. Financial Overview
11. 9. 5. SWOT Analysis
11. 9. 6. Key Developments
11. 10. SUNSEEKER
11. 10. 1. Key Facts
11. 10. 2. Business Description
11. 10. 3. Products and Services
11. 10. 4. Financial Overview
11. 10. 5. SWOT Analysis
11. 10. 6. Key Developments
12. APPENDIX
12. 1. ABOUT THE INSIGHT PARTNERS
12. 2. GLOSSARY OF TERMS
- AL FAJER MARINE L. L. C
- AL Hareb Marine
- Al Shaali Group
- Bavaria Yachtbau GmbH
- Brunswick Corporation
- Chaparral Boats, Inc.
- FERRETTI SPA
- Fountain Powerboats
- Gulf Craft Inc.
- Sunseeker
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.