"Market Intelligence for High-Geared Performance"

Leisure Boat Market Size, Share & Industry Analysis, By Boat Type (Motorized [Yachts, Personal watercrafts, Outboard Boats], Non-Motorized [Kayaks, Canoes, Others]) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI103555 | Status : Ongoing



A leisure boat is also known as a recreational boat that is used for tourism, water-sporting, and pleasure. These boats may have luxurious infrastructures such as accommodation facilities, cabins, and other amenities. Yachts, outboard, cruises, kayaks, canoes, watercraft, etc. are some of the types of leisure boats. Globally, with the rise in the disposable income of people, there has been a visible increase in spending on tourism. Also, with the advancement in the technologies, good infrastructure of boats, the increasing craze for water sports, and other water activities across the globe, the leisure boat market is expected to dominate in the forecast period. The rising standard of living of people and their inclination towards comfort, luxury, and trend of water body vacation homes are propelling the growth of the leisure boat market. Furthermore, various initiatives taken by the government as well as private organizations to promote leisure boating and development of the marine and coastal tourism are driving the opportunities for the growth of the leisure boat market.

With the adoption of advanced technologies in boats, a rise in safety features, increasing investments of government as well as private organizations to promote marine tourism, increasing boating events, and rise in the disposable income of the people are driving the growth of the leisure boat market. On the contrary, the high rates and water pollution caused by the leisure boats may hamper the growth of the leisure boat market.

Up Arrow

Key Market Driver -

Owing to the increase in the disposable income, rising trend of leisure boats, government spending on promoting marine tourism are driving the growth of leisure boat market.

Down Arrow

Key Market Restraint -

High rates of leisure boats and water pollution caused may restrain the market of leisure boats.

Market Segmentation:

Globally, the leisure boat market has been segmented by boat type and by region. Based on boat type, the market is further segmented into motorized and non-motorized boats. The motorized boats hold the largest market share of the global leisure boat market. There are various types of motorized boats, such as yachts, personal boats, outboard boats, cruises, etc. With the increase in the standard of living, rise in the demand for luxury, comfort, and the increasing trend and craze for water body vacation, boathouses are leading to the growth of the leisure boat market. However, the non-motorized boats such as kayaks and canoes are gaining popularity nowadays and are expected to grow tremendously in the forecast period owing to the increase in adventure water sports, low prices, and its fuel efficiency. Also, the considerable variations in their shapes and sizes are increasing their adoption among the young crowd.

Key Players Covered:

The major players in the leisure boat market include Sunseeker International Limited, Catalina Yachts, Bavaria Yachtbau, Marine Product Corporation, Ranger boats, Ranger boats, Brunswick, Mahindra Odyssea, Godfrey Pontoon Group, Hobie Cat Company, Bennington Marine LLC, Azimut Benetti, Tracker Boats, and Ferretti Group among others.

Key Insights

  • New Advancements in the leisure boat

  • Number of Products, Key Countries, 2018

  • New Product Launches, Key Players

Regional Analysis:

Geographically, the leisure boat market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Europe holds the largest market share of the global leisure boat market. The surge in demand for leisure boats in various countries such as Germany, Spain, and Italy are propelling the market growth in this region. Also, the increase in the disposable income of people, rising craze for adventure water sports, increase in safety features giving rise to the confidence among people to experience leisure boats are fuelling the growth of the leisure boat market. North America is the prominent region in terms of revenue and is expected to show significant growth in the leisure boat market. High economic growth, the surge in demand for recreational boating experience, the rising popularity of water sports, and fishing activities are propelling the growth of the market. However, Asia Pacific is projected to show substantial growth in the leisure boat market in the forecast period owing to various initiatives taken by the government as well as private organizations to develop the marine and coastal tourism and other water activities

To gain extensive insights into the market, Request for Customization




By Boat Type

  • Motorized

    • Yachts

    • Personal watercrafts

    • Outboard Boats

  • Non-Motorized

    • Kayaks

    • Canoes

    • Others

By Region

  • North America (USA, Canada, and Mexico)

  • Europe (Germany, France, U.K., and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Rest of the World

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Automotive & Transportation Clients


Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.