The global yacht charter market size reached US$ 7.9 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 12.9 Billion by 2028, exhibiting a CAGR of 8.52% during 2022-2028.
Yacht charter refers to the process of renting a motor- or sail-driven marine vessel for recreational or commercial purposes. These services are typically used for traveling to various coastal areas without owning a yacht. These privately or company-owned yachts that are offered on a rental basis consist of luxury facilities within the vessel, such as professional crews, captains, and online or on-call support. Several charter companies also furnish yachts and provide a detailed itinerary based on the requirements of their clients. As a result, they find immense applications in luxury marine tourism and recreational boating.
2. What is the expected growth rate of the global yacht charter market during 2023-2028?
3. What are the key factors driving the global yacht charter market?
4. What has been the impact of COVID-19 on the global yacht charter market?
5. What is the breakup of the global yacht charter market based on type?
6. What is the breakup of the global yacht charter market based on the length?
7. What is the breakup of the global yacht charter market based on the contract type?
8. What are the key regions in the global yacht charter market?
9. Who are the key players/companies in the global yacht charter market?
Yacht charter refers to the process of renting a motor- or sail-driven marine vessel for recreational or commercial purposes. These services are typically used for traveling to various coastal areas without owning a yacht. These privately or company-owned yachts that are offered on a rental basis consist of luxury facilities within the vessel, such as professional crews, captains, and online or on-call support. Several charter companies also furnish yachts and provide a detailed itinerary based on the requirements of their clients. As a result, they find immense applications in luxury marine tourism and recreational boating.
Yacht Charter Market Trends:
The market is primarily driven by significant growth in the marine tourism sector. Along with this, the rising preference for personalized services in tourism activities is providing an impetus to the market. In line with this, the increasing participation of the masses in recreational and competitive boating activities across the globe is providing a thrust to the demand for yacht charters. Moreover, the inflating per capita income levels and the growing inclination toward luxury trips across exotic locations are favorably impacting the market. Besides this, numerous key players are offering online services for yacht chartering to their customers, which are gaining widespread prominence among individuals. Besides this, continual improvements in yacht infrastructure, including the adoption of hybrid business models, are further creating a positive outlook for the market on the global level. Some of the other factors that are contributing to the market include the escalating popularity of fishing and water sports and the increasing usage of renewable energy as the primary fuel in various marine vehicles, including yachts, due to an enhanced focus on sustainable development among the masses.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global yacht charter market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, length and contract type.Breakup by Type:
- Motor Yacht
- Sailing Yacht
Breakup by Length:
- Up To 20 Ft
- 20 To 50 Ft
- Above 50 Ft
Breakup by Contract Type:
- Bareboat Charter
- Crewed Charter
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Boat International Media Ltd, Boatsetter Inc., Kiriacoulis Mediterranean, MarineMax Inc, Martello Yachting & Company, Nautal (Click&Boat), OceanBlue Logistics Limited, Sunsail Limited (TUI Group), Sunseeker International Ltd., The Moorings, YACHTICO INC. and Zizooboats GmbH.Key Questions Answered in This Report
1. What was the size of the global yacht charter market in 2022?2. What is the expected growth rate of the global yacht charter market during 2023-2028?
3. What are the key factors driving the global yacht charter market?
4. What has been the impact of COVID-19 on the global yacht charter market?
5. What is the breakup of the global yacht charter market based on type?
6. What is the breakup of the global yacht charter market based on the length?
7. What is the breakup of the global yacht charter market based on the contract type?
8. What are the key regions in the global yacht charter market?
9. Who are the key players/companies in the global yacht charter market?
Table of Contents
1 Preface2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Yacht Charter Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Motor Yacht
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Sailing Yacht
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Length
7.1 Up To 20 Ft
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 20 To 50 Ft
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Above 50 Ft
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Contract Type
8.1 Bareboat Charter
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Crewed Charter
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Boat International Media Ltd
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Boatsetter Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Kiriacoulis Mediterranean
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.4 MarineMax Inc
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.5 Martello Yachting & Company
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Nautal (Click&Boat)
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 OceanBlue Logistics Limited
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Sunsail Limited (TUI Group)
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Sunseeker International Ltd.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 The Moorings
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 YACHTICO INC.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Zizooboats GmbH
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Yacht Charter Market: Major Drivers and Challenges
Figure 2: Global: Yacht Charter Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Yacht Charter Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Yacht Charter Market: Breakup by Type (in %), 2022
Figure 5: Global: Yacht Charter Market: Breakup by Length (in %), 2022
Figure 6: Global: Yacht Charter Market: Breakup by Contract Type (in %), 2022
Figure 7: Global: Yacht Charter Market: Breakup by Region (in %), 2022
Figure 8: Global: Yacht Charter (Motor Yacht) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Yacht Charter (Motor Yacht) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Yacht Charter (Sailing Yacht) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Yacht Charter (Sailing Yacht) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Yacht Charter (Up To 20 Ft) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Yacht Charter (Up To 20 Ft) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Yacht Charter (20 To 50 Ft) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Yacht Charter (20 To 50 Ft) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Yacht Charter (Above 50 Ft) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Yacht Charter (Above 50 Ft) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Yacht Charter (Bareboat Charter) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Yacht Charter (Bareboat Charter) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Yacht Charter (Crewed Charter) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Yacht Charter (Crewed Charter) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: North America: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: North America: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: United States: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: United States: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Canada: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Canada: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Asia-Pacific: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Asia-Pacific: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: China: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: China: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Japan: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Japan: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: India: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: India: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: South Korea: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: South Korea: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Australia: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Australia: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Indonesia: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Indonesia: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Others: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Others: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Europe: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Europe: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Germany: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Germany: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: France: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: France: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: United Kingdom: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: United Kingdom: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Italy: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Italy: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Spain: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Spain: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Russia: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Russia: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Others: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Others: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Latin America: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Latin America: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Brazil: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Brazil: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Mexico: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Mexico: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Others: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Others: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Middle East and Africa: Yacht Charter Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Middle East and Africa: Yacht Charter Market: Breakup by Country (in %), 2022
Figure 70: Middle East and Africa: Yacht Charter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Global: Yacht Charter Industry: SWOT Analysis
Figure 72: Global: Yacht Charter Industry: Value Chain Analysis
Figure 73: Global: Yacht Charter Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Yacht Charter Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Yacht Charter Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Yacht Charter Market Forecast: Breakup by Length (in Million US$), 2023-2028
Table 4: Global: Yacht Charter Market Forecast: Breakup by Contract Type (in Million US$), 2023-2028
Table 5: Global: Yacht Charter Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Yacht Charter Market: Competitive Structure
Table 7: Global: Yacht Charter Market: Key Players
Companies Mentioned
- Boat International Media Ltd
- Boatsetter Inc.
- Kiriacoulis Mediterranean
- MarineMax Inc
- Martello Yachting & Company
- Nautal (Click&Boat)
- OceanBlue Logistics Limited
- Sunsail Limited (TUI Group)
- Sunseeker International Ltd.
- The Moorings
- YACHTICO INC.
- Zizooboats GmbH.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 146 |
| Published | January 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 7.9 Billion |
| Forecasted Market Value ( USD | $ 12.9 Billion |
| Compound Annual Growth Rate | 8.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
