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The leisure boat market size is forecast to increase by USD 22.93 billion at a CAGR of 5.58% between 2024 and 2028. The market is experiencing significant growth due to increasing customer engagement in marinas and recreational boat activities. This trend is driven by the rising disposable income and the desire for unique experiences. Another growth factor is the introduction of hybrid propulsion systems in leisure boats, which reduces environmental impact and offers cost savings on fuel. However, the high total cost of ownership of leisure boats remains a challenge for potential buyers. This includes the initial purchase price, maintenance costs, and insurance fees. Despite this, the market is expected to continue growing due to the increasing popularity of water sports and the desire for leisurely cruises on the water.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Propulsion
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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