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Sailboats Market Trends

  • Report ID: GMI7354
  • Published Date: Nov 2023
  • Report Format: PDF

Sailboats Market Trends

The introduction of new sailboats designed for comfortable & secure sailing experiences has catalyzed lucrative growth in the sailboat industry. These innovations enhance overall safety and offer increased comfort, appealing to a broader range of consumers. For instance, in February 2022, RS Sailing introduced the innovative RS Toura, a contemporary dinghy featuring ample space and a robust rotomolded polyethylene hull.
 

The balanced stability of RS Toura, coupled with its generous internal space, empowers sailors to explore coastal waters, ensuring a comfortable & secure sailing experience. The demand for such sailboats has risen significantly as enthusiasts prioritize enjoyable & secure sailing adventures. Manufacturers investing in these features are reaping financial rewards, thereby boosting market expansion, and creating a thriving industry landscape.
 

The sailboat market is benefiting from the surge in recreational sports activities. As people seek outdoor and water-based pursuits, sailing has gained popularity. Enthusiasts are drawn to the thrill and tranquillity of sailing, propelling demand for sailboats. Sailing events, regattas, and clubs are fostering community engagement and skill development, attracting new participants. Additionally, growing health consciousness and nature-focused leisure activities encourage individuals to explore sailing. These factors, along with rising recreational sports, collectively contribute to the expanding market size.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of sail boats reached USD 2.9 billion in 2022 and is set to expand at over 3% CAGR from 2023 to 2032, attributed to the expanding consumer choices and stimulating economic activity globally.

The 20 ft to 50 ft sail boats industry accounted for around 60% revenue share in 2022, driven by the consumer inclination towards eco-friendly and sustainable options.

North America market generated USD 1.2 billion in revenue in 2022, due to the rich maritime heritage and extensive coastline across American countries, attracting enthusiasts and tourists alike.

Some of the top companies engaged in the sailboat manufacturing are X-Yachts A/S, Groupe Beneteau, HanseYachts AG, Marlow Hunter, LLC, Jeanneau, Bavaria Yachts, and Catalina Yachts.

Sailboats Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 197
  • Countries covered: 17
  • Pages: 250
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