Learn about the global recreational boating market through The Business Research Company, which provides information on recreational boating market size, recreational boating market drivers and restraints, recreational boating market players, the COVID-19 impact on the recreational boating market, and more.

The global recreational boating market is expected to grow from $26.21 billion in 2021 to $28.38 billion in 2022 at a compound annual growth rate (CAGR) of 8.29%. The global recreational boating market size is expected to reach $38.03 billion in 2026 at a compound annual growth rate (CAGR) of 7.59%.

The growing tourism industry will propel the growth of the recreational boating market.

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The recreational boating market consists of sales of recreational boating activities by entities (organizations, sole traders, and partnerships) that are used for leisurely, fun, and pleasure activities of traveling on water in a boat. A recreational boat, often known as a “commercial boat,” is any vessel that is capable of self-propelled movement and is primarily employed for enjoyment, fishing, or commercial purposes. Such vessels may be utilized for residential purposes on occasion, but they are not employed for long-term residential use.

Global Recreational Boating Market Segments Include:
By Boat Type: Yachts, Sailboats, Personal Watercrafts, Inflatables, Others

By Engine Placement: Outboards, Inboards, Others

By Material Type: Aluminum, Fiberglass, Steel, Others

By Boat Size: Up to 20 Ft., 21 Ft. to 35 Ft., 36 Ft. to 50 Ft.

By Activity Type: Cruising, Water Sports, Fishing

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global recreational boating market in 2021.

New product development is a key trend gaining popularity in the recreational boating market. Companies are developing new products to support the recreational boating market. New product launches help players by expanding their product portfolio, acquiring new customers, and enhancing their market presence.

TBRC’s Recreational Boating Market Report Covers:

Major Market Players: Azimut Benetti Group, Brunswick Corporation, Groupe Beneteau, Sunseeker International Limited, Hobie Cat Company Inc., White River Marine Group, Yamaha Motor Co. Ltd., American Sail Inc, Marine Products Corporation, Mastercraft Boat Holdings Inc, Polaris Inc, Ferretti, Princess, MacGregor, Hunter, Maverick Boat Group Inc. (Malibu Boats), Baja Bound Insurance Services Inc, Catalina Yachts, Grady-White Boats Inc, Chaparral Boats Inc. (Marine Products Corporation), Edenton Boatworks LLC, Baja Marine, Bayliner, Mahindra & Mahindra Ltd, Carnival Corporation & plc, Royal Caribbean Cruises Ltd., and Norwegian Cruise Line Holdings Ltd.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031).

The Recreational Boating Global Market Report 2022  is one of a series of new reports from The Business Research Company that provides recreational boating market overviews, analyzes and forecasts market size, share, recreational boating market players, recreational boating market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s recreational boating market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Recreation Global Market Report 2022

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Boat Building And Repairing Global Market Report 2022

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