Leisure Boats - Global Market Trajectory & Analytics

Global Leisure Boats Market to Reach $45.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Leisure Boats estimated at US$ 35 Billion in the year 2020, is projected to reach a revised size of US$ 45.9 Billion by 2027, growing at a CAGR of 4% over the period 2020-2027. Motorized/Power Boats, one of the segments analyzed in the report, is projected to record 4.9% CAGR and reach US$ 28.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Motorized Boats segment is readjusted to a revised 2.6% CAGR for the next 7-year period.



The U.S. Market is Estimated at $14.3 Billion, While China is Forecast to Grow at 5.7% CAGR

The Leisure Boats market in the U.S. is estimated at US$ 14.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$ 4.5 Billion by the year 2027 trailing a CAGR of 5.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 3.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.

Select Competitors (Total 207 Featured):

• AB Volvo
• Avon Boats
• Azimut Benetti Group
• Baja Marine
• Bavaria Yachtbau
• Bennington Marine LLC,
• Bombardier Recreational Products (BRP) Inc.
• Brunswick Corporation
• Catalina Yachts
• Chaparral Boats Inc
• Farr Yacht Design, Ltd.
• Ferretti S.P.A.
• Fountain Powerboats, Inc.
• Godfrey Pontoon Group
• Groupe Beneteau
• Johnson Outdoors Watercraft, Inc.
• Mahindra Odyssea
• Ranger Boats
• Sunseeker International Limited
• The MasterCraft Boat Company
• TRACKER BOATS®
• Yamaha Motor Company Limited