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Leisure Boats Market Share

Report ID: GMI4557
Published Date: Nov 2023
Report Format: PDF

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Leisure Boats Market Share

Major players operating in the leisure boats industry are:

Azimut-Benetti
Bavaria Yachtbau GmbH
Brunswick Corporation
Ferretti S.P.A
Forest River, Inc
Fountaine Pajot SA
Groupe Beneteau
Hallberg-Rassy
HanseYatchs AG
Legend Boats, Ltd
Lürssen
Malibu Boats, Inc
Marine Products Corporation
MasterCraft Boat Company, Inc
Porter, Inc (Formula Boats)
Riviera Australia Pty. Ltd
Sanlorenzo Spa
White River Marine Group
Yamaha Motor Corporation

Sanlorenzo Spa and Lürssen is major market player in yacht market, holding over 10% of the market share. Sanlorenzo has a reputation for innovative yacht design and a commitment to creating unique and customized yachts. To continue its growth, the company focuses on developing designs and incorporating advanced technologies into its yachts. Lürssen is known for building the largest and luxury superyachts in the world. To maintain its position, the company continue to focus on constructing high-end, custom-built vessels that cater to ultra-high-net-worth individuals.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of leisure boats was valued at USD 41.1 billion in 2022 and is estimated to register 7.5% CAGR between 2023 and 2032, as advances in boat design, materials, and technology play a significant role in driving consumer demand.

The yacht segment held a market share of around 35% in 2022 and will grow significantly through 2032, due to their versatility and comfort, making them popular choice for recreational boating.

North America leisure boats market will witness lucrative gains throughout 2032, due to increasing disposable incomes, a robust economy, and a growing interest of people in outdoor recreational activities.

Azimut-Benetti, Bavaria Yachtbau GmbH, Brunswick Corporation, Ferretti S.P.A., Forest River, Inc., Fountaine Pajot SA, Groupe Beneteau, Hallberg-Rassy, HanseYatchs AG, Legend Boats, Ltd, Lürssen, Malibu Boats, Inc., Marine Products Corporation, MasterCraft Boat Company, Inc., and Porter, Inc (Formula Boats).