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Yacht Charter Market - Forecast 2022 - 2027

Yacht Charter Market Forecast (2020- 2025)

Overview

The Yacht Charter Market is forecast to reach $ 14.98 billion by 2025 growing at a CAGR of 6.2% during the forecast period 2020-2025. Growing interest towards leisure activities such as sailing and growing number of tourism are envisioned to be the dynamic factor behind the rapid growth of yacht charter market across the globe. Moreover, advance booking methods are allowing consumers to book yacht while booking flights tickets is also expected to propel the growth of yacht charter market. Further, favorable government programs to boost the tourism are also predicted to elevate the market of yacht charter. In addition to this, swelled disposable income coupled with positive GDP figures of developed and developing nations such as U.S. and others are projected to flourish the growth of yacht charter market. Likely, rising adoption of sailing vacations by affluent consumers is expected to boost the demand for yacht charter.

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Key Takeaways

With the increasing interest of people towards marine tourism, yacht charter business is set to exhibit robust growth in the forecast period 2020-2025. Rising affluence and inclination towards luxurious lifestyle has significantly uplifted the demand for yacht chartering services Increasing effort from yacht builders & service providers focusing to provide more luxurious features are the substantial driving factors of the market during the forecast period. High cost associated with yacht charter is anticipated to hamper the growth of yacht charter market over the forecast period.

Yatch Type - Segment Analysis

On the basis of type, the Motor Yatchs segment has been analyzed to witness a high CAGR of 6.59% during the forecast period 2020-2025. Unlike a sailing yacht, a motor yacht powers through sea elements allowing them to cover greater distances in less time. Moreover the shallow draft design allow the yacht to navigate through shallow and narrow passages enabling to explore almost any coastline or archipelago. The global yachts charter service market has experienced considerable adoption, particularly from younger population. Most of the young consumers are generally first-time boaters, who frequently celebrate programs such as weekend and birthday parties especially in the form of yacht holidays. Motor yachts tend to have more deck space for basking in the sun, dining al fresco, and entertaining with family and friends. More over Luxury motor yachts are equipped with better communication options and modern conveniences which is propelling the adoption of Motor Yatchs over Sailing Yatchs.

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Application - Segment Analysis

The retail segment is expected to grow at a CAGR of 6.89% during the forecast period 2020-2025. The yacht charter market growth is highly driven due to increasing interest in luxury cruising from high net worth and ultra-high net worth individuals (UHNWI) worldwide. With more than 200,000 households falling under ultra-high net worth category, yacht charter has been gaining immense popularity since the past few years. Similarly, according to 2017 World Health Report by Capgemini, the total number high net worth individuals (HNWI) worldwide increased by nearly 8% to a record-breaking 16.5 Mn. This has ensured a promising consumer base for yacht charter services worldwide. Emergence of new tourist destinations (such as Southeast Asia) offering luxury cruising along with scenic beauty has been encouraging the HNWIs and UHNWIs across the world to explore such tourist destinations. Yacht charter companies are now more focused on providing enhanced luxury cruising to their consumers by improving their infrastructure including more sophisticated bars & restaurants, internet connectivity and other related IT tools which will further boost the growth of Yacht Charter Market during the forecast period.

Geography - Segment Analysis

Europe is forecast to dominate the Yatch Charter Market with the highest market share of 58% in 2018 and is expected to grow at a considerable CAGR during the forecast period. Growing tourism in this region along with presence major yacht charters is expected to drive the yatch charter market in Europe. Likely, Turkey and Italy are the dominating countries in this region. Additionally, collaboration of online yacht charter and flight booking service providers in Europe region is projected to propel the growth of yacht charter market. Rise in number of issued license for water craft and presence of wealthy population is also expected to boost the market growth. For Instance, according to European Commission’s report on nautical tourism (2017), about 6 million boats are kept in European waters out of which 60,000 charter boats generate up to € 6 billion turnover each year.

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Drivers – Yacht Charter Market

· Growing Inclination towards marine tourism to drive the Yatch Charter Market.

Rising disposable income of the consumers coupled with growing interest towards marine tourism and leisure activities such as sailing is expected to drive the Yatch charter market. Recreational boating has been witnessing immense popularity since the past few years, paving way for yacht charter services. Increasing number of promotional programs promoting yachts, technological developments, raising several online yacht service providers, rising number of yachts accessible on rent are some of the most important aspects which will propel the development of the global yachts charter market.

· Government initiatives to drive the Yatch Charter Market.

Government programs and initiatives to promote marine tourism is expected to boost the Yatch Charter Market. For instance, the Indian government is enhancing infrastructure and services to support port city excursions and domestic tourism with aim of promoting cruise tourism and increase sea arrivals to 1.2 million tourists by 2030-31. The Indonesian government renovated their marine tourism policy by removing CAIT (clearance approval for Indonesian territory) permit. This policy projected an increased number of yacht visits to Indonesia which was up to 6,000 yachts in 2019, creating an income of USD 600 million.

Challenges – Yacht Charter Market

· High cost associated with yacht charter is anticipated to hamper the growth of yacht charter market.

Western Europe countries such as Italy and others are the major countries witnessing the augmenting the demand for yacht charter due to presence of high net worth individuals (HNWI). Yacht charting is quite expensive as it is mainly utilized for leisure activities which is restraining the growth of Yatch Charter Market in other regions. However changing lifestyle of the consumers coupled with higher disposable income along with growing sea tourism will foster the growth yacht charter market.

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Market Landscape

Key players embrace a variety of growth strategies, including mergers and acquisitions, collaboration and partnerships, joint ventures and few other strategies to strengthen the Market's position. The major players in the Yatch Charter Market include Yachito Inc., Boatbookings (Enitiative biz, Ltd.), Sailogy SA, Antlos Srl, Collaborative Boating Inc., Fraser Escape Bareboat Charters, Princess Yacht Charter, TUI Group, Zizooboats GmbH among others.

Acquisitions/Partnerships/ Investments/ Product Launches

Ø In June 2018, Sailogy S.A., an online booking solution for yachts and sailboats, acquired the German company Master Yachting, becoming the global leader worth 50 billion.

Ø In February 2018, MasterCraft Boat Holdings, Inc. announced an exclusive national distribution partnership with MarineMax, Inc., the nation’s largest recreational boat and yacht retailer, to help maximize the success of its new brand, Aviara. Beyond this exclusive distribution arrangement, Aviara will also benefit from the ongoing collaboration with MarineMax on the innovative, unique and first to market product.

Ø In July 2018, Princess Yachts announced the launch of 6 new models .The exceptional launch programme and financial result is underpinned by a five-year £100 million investment programme began in 2015.

[pujarathod]

Recreational boats Market Emerging Trends, Technology, Applications, Production

Recreational Boat Market size is projected to reach USD 31.9 Billion by 2025 from an estimated USD 26.9 Billion in 2020, growing at a CAGR of 2.4% globally.

Recreational boat means any vessel manufactured or used primarily for noncommercial use; or leased, rented or chartered to another for the latter’s noncommercial use. Charter boats, head boats or other vessels under the command of a person who is licensed by the United States Coast Guard to carry passengers for hire shall be defined as commercial and therefore exempt from this definition of “recreational boat.” Recreational boating is a leisurely activity of traveling on water in a boat. Many individual use this for fun and pleasure activities during outing with family and friends. Recreational boating includes many activities such as boat racing, sailing, campaigning, fishing, and other water sports game such as powerboat racing, sports fishing, kayaking, and others.

The recreational boating market is segmented on the basis of power, product type, activity type, size, and region. By power, it is classified into engine powered, man powered, and sail propelled. By product type, it is divided into inboard boats, outboard boats, inflatable, sail boats, and personal watercrafts. On the basis of activity type, the market is bifurcated into watersports & cruising and fishing. By size, it is categorized into less than 30 ft., 30 to 59 ft., 60 to 79 ft., 80 to 99 ft., more than 100 ft., and full custom. By region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

Key Players Covered in Recreational boats Market Are:

·         Brunswick Corporation

·         Groupe Beneteau

·         Malibu Boats

·         Polaris Inc.

·         MasterCraft Boat Company

·         Candela

·         DOMANI Yachts

·         Edorado Marine

·         Elco Motor Yachts

·         Electracraft

Market has segmented the Recreational boats market on the basis of type, application, and region:

By Type:

·         Yachts

·         Sailboats

·         Personal Watercraft

·         Inflatables

·         Others

By Application:

·         Outboards

·         Inboards

·         Others

By Regional Outlook (Revenue, USD Billion, 2017 – 2028)

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)

·         Middle East & Africa (GCC Countries, South Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of South America)

COVID-19 Impact Recreational boats market        

The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Recreational boats Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe.

Recreational boats Market report covers the detailed analysis on current and upcoming market trends, company market shares, market projections, competitive benchmarking, competition mapping, and in-depth research of the most significant sustainability strategies and their impact on industry growth and competition. The research was conducted using a combination of primary and secondary data, as well as input from leading industry players.

Key features of this report

· Drivers, restraints, and challenges shaping the Recreational Boating market dynamics

·  Latest innovations and key events in the industry

·   Analysis of business strategies of the top players

·   Recreational Boating market estimates and forecasts(2022 -2028)

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Yacht Charter Industry Procurement Intelligence, Supplier Intelligence, Supplier Ranking | Analysis Report, 2020-2027

Yacht chartering is renting or chartering a motor yacht and traveling to various destinations for a vacation activity or a business event. Yachts can be categorized into the following types:

Mega yachts: It is above 50 meters in length and designed for exceptionally big groups and larger families. Mega yachts are attended by professional crews of several full-time members.

Superyachts: A superyacht is above 30 meters in length. They are usually equipped with an array of amenities such as audio-visual entertainment and water sports equipment.

Luxury yachts: Luxury yachts are ~24 meters in length and are suitable for small families and groups. They are habitually crewed by permanent or seasonal crews from two to four members.

Sports cruisers: These are boats less than 18 meters in length. These models are suitable one to two persons for relatively short day cruising.

Read report summary or request a free sample copy of the report “Yacht Charter Industry Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing &Cost Structure Intelligence, Best Practices, Engagement Model, Low &Best Cost Country, Day One Analysis Report, 2020 – 2027”

Demand Outlook

The global yacht charter market valued at ~USD 15 billion in 2020 and it is expected to grow at a CAGR of 5% from 2020 to 2027 due to growing preference among travelers for luxury marine tourism and personalized services. Europe is the largest regional market with more than 40% share and is expected to continue leading during the forecast period as countries, such as Greece, Croatia, and Turkey are among the most popular tourist destinations. 24-69 meter yacht segment has the highest market share owing to factors such as availability of variants, which also includes a vessel having wind sailing capabilities that help save fuel and ensure traveling in favorable wind direction. Moreover, its low maintenance cost, shallow draft for water anchorages capability, and lower moorage cost makes it the most preferred choice for customers.

Cost Drivers

The major cost components of yacht charter services include the cost of crew members, food and drinks costs, fuel costs, dockage, communication costs, etc. These components together accounted for more than 80% of the overall cost of service. Other cost drivers include VAT and insurance costs.

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Employee Assistance Program Market Procurement Intelligence: The North American market for employee assistance programs was valued at USD 3.5 billion in 2020 and is expected to grow at a modest CAGR of 1.8% till 2025.

Conveyor Belts Market Procurement Intelligence: The global market for conveyor belts was valued at USD 4.5 billion in 2020 and is expected to grow at a steady CAGR of 3.36% to reach USD 5.3 billion by 2025.

Key Players:

Beneteau S.A

Sunseeker International Ltd.

The Moorings Limited

Camper &Nicholsons International Ltd.

Sunsail Worldwide Sailing Ltd.

Argo Nautical Limited

Kiriacoulis Mediterranean Cruises Shipping S.A.

Boat International Media Ltd.

Yachtico Inc.

Fraser Yachts Florida Inc.

The global yacht charter market features a moderately fragmented landscape as the industry leaders contribute less than 30% of the overall market share. Leading suppliers are strengthening their presence through multiple mergers and acquisitions.

Check out the featured Add-on Services offered with Yacht Charter Market Procurement Intelligence Report.

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A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

Our services include (not limited to):

Market Intelligence involving - market size and forecast, growth factors, and driving trends

Price and Cost Intelligence - pricing models adopted for the category, the total cost of ownership

Supplier Intelligence - rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

Sourcing / Procurement Intelligence - best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption

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Yacht Charter Market by Technology, Application & Geography Analysis & Forecast to 2028

Trends Market Research offers a comprehensive study on the global yacht charter market traces valued insights into all critical factors impacting growth of the market over the forecast period (2018-2028).

The future of the global yacht charter market is positive, according to the report generated by Trends Market Research. The yacht charter market is anticipated to witness moderate CAGR over the forecast period. Eastern Europe, specially Turkey and Croatia will remain top yacht charter stations. Boat shows arranged in Italy, Genoa, the U.S. and Fort Lauderale are identified to captivate maximum number of boat lovers.

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Drivers and trends of the Market

Increasing adoption of sailing and boating vacations by wealthy consumers in developed markets is likely to maintain the demand for yacht charter during the next decade. Collaboration of online yacht charter service providers with prominent airline companies is the most sought after trend in the market. Growing desires of young travelers for sailing holidays will positively influence growth of the market. While booking large yachts to avail group discounts highlights increasing trend among U.S. consumers, delivering advanced services through recent technologies, such as mobile applications will be a trend among yacht players.

Motor yacht segment, by yacht type is likely to retain its dominance in the market with more than three-fourth market share in 2025, accounting for revenues nearly US$ XX Mn by 2025-end. However, sailing yacht segment is likely to witness slightly higher growth over the decade. While selecting the yacht type, comfort and posh interior design are likely to remain top preference of consumers, whereas a trend of fuel-efficient and eco-friendly yacht is foreseen to propel the next few years.

Corporate Segment to Exhibit Sluggish growth:

On the basis of consumer type, retail segment will grow significantly over the forecast period and this is expected to account for over 87% market share in 2025. Whereas, corporate segment is poised to sluggish growth over the forecast period.

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Based on yacht size, medium size yacht segment will dominate the market with nearly two-third value share of the market in 2025 followed by small size yacht segment. Large yacht segment will gain comparatively lower traction through 2025. Retail customers who go for group holidays with availing discount offers opt for medium and large sized yachts. On the other hand, high demand for small yacht will be experienced from couples and families.

Middle East to Witness Highest Expansion for Yacht Charter Market

Geographically, Europe will continue to retain its dominance in the global yacht charter market with nearly two-third of revenue share over the forecast period, followed by the North America. However, expansion of yacht charter market in the Middle East is anticipated to register highest CAGR throughout the forecast period.

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Some of the leading player operating in the yacht charter market include TUI Group (The Moorings Limited and Sunsail Worldwide Sailing Ltd.), Antlos S.r.l., Yachtico Inc., Boatbookings (Enitiative.biz, Ltd.), Sailogy S.A., Collaborative Boating Inc., Fraser Escape Bareboat Charters, Zizooboats GmbH, and Princess Yacht Charter (Princess Yachts International PLC)

[marketinformation]

Superyacht Market to Witness Massive Growth, Emerging Technology Research Report by 2021-2027

Superyacht Market was valued at USD 12018.87 Million in 2018 and is projected to reach around USD 29361.60 Million by 2025, at a CAGR of XX% during the forecast period.

The base year considered for the study is 2018 and the forecast period is 2019-2025. The demand for superyacht in leisure & entertainment, water sports by rich customers is the major driving factor for superyacht market

Superyacht Market Key Players:

Amels

Azimut Benetti

Nobiskrug

Oceanco Feadship

ISA Yachts

OVERMARINE Group

Christensen Shipyards

Fincanteri

Blohm+Voss Heensen Yachts

Perini Navi

Lurssen Sunseeker Yachts

Holland Jachtbouw

Royal Huisman

Moonen Shipyards

Mulder Shipyards 

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Scope of Global Superyacht Market Reports –

Superyachts are like regular yachts but bigger and therefore more expensive. A superyacht also known as luxury yacht or megayacht is a commercially operated professionally crewed sailing or motor yacht that has a loadline length of 24 metres and above. Approximately there are more than 4476 superyachts in the world of which a quarter are available for charter. Sales of these luxury yacht vessels are way up every year, nearly 300 superyachts were sold in 2018 compared to 249 such sold in 2017.

Growing ultra-high net worth households, adventure enthusiasts, anticipation of privacy and leisure activities are influencing positive growth of global superyacht market.

Global superyacht market is segmented on the basis of yacht type, yacht size and region. On the basis of yacht type the superyacht market is segmented in to motor yacht, sailing yacht and others. On the basis of yacht size, the market is segmented in to below 40-meter, 40-80 meter and above 80 meters.

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Key Benefits

Global     Superyacht Market report covers in-depth historical and forecast analysis.

Global     Superyacht Market research report provides detail information about Market     Introduction, Market Summary, Global market Revenue (Revenue USD), Market     Drivers, Market Restraints, Market Opportunities, Competitive Analysis,     Regional and Country Level.

Global     Superyacht Market report helps to identify opportunities in marketplace.

Global     Superyacht Market report covers extensive analysis of emerging trends and     competitive landscape.

Superyacht Market Segmentation

By Yacht Type:  motor yacht, sailing yacht, others

By Yacht Size - below 40 meters, 40-80 meters, above 80 meters

Market Dynamics –

Growing demand of luxury cruising among rich and super rich individuals mainly in developing and developed countries. Sub 50-metre yacht segment is sold in highest numbers which is approximately 80% of new superyachts sold in 2017. However, sales of large yachts over 80-meters decreased in 2017. Among type of yachts, highest number of motor yachts are sold followed by sailing yachts. 

The superyachts are also in demand due to increasing interest in marine tourism, water-based sports and leisure activities. Also, these superyachts are used for travelling through sea from one destination to other by many rich people which propels the market to grow. 

Table of Content: Global Superyacht Market Research Report

Chapter 1: Global Superyacht Overview

Chapter 2: Global Economic Impact on Superyacht Markets

Chapter 3: Global Market Size Competition by Industry Producers

Chapter 4: Global Productions, Revenue (Value), according to Regions

Chapter 5: Global Supplies (Production), Consumption, Export, Import, geographically

Chapter 6: Global Productions, Revenue (Value), Price Trend, Product Type

Chapter 7: Global Market Analysis, on the basis of Application

Chapter 8: Superyacht Market Industry Value Chain

Chapter 9: Superyacht Market Chain, Sourcing Strategy, and Downstream Buyers

Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders

Chapter 11: Key Economic Indicators, by Market Vendors

Chapter 12: Market Effect Factors Analysis

Chapter 13: Global Superyacht Market Forecast Period

Chapter 14: Future of the Market

Chapter 15: Appendix

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Global Luxury Yacht Market is Expected to Reach $10,205.7 Million by 2025

According to a new report published by Allied Market Research, titled,"Global Luxury Yacht Market by Size, Type, and Material: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global luxury yacht market size was $ 5,703.4 million in 2017, and is projected to reach $ 10,205.7 million by 2025, registering a CAGR of 7.8% from 2018 to 2025. In terms of volume, Europe occupied around two-thirds of the market share for 2017. The word yacht is originated from Dutch word jaght which means hunt or pursue. However, nowadays yachts are popular as large and luxurious vessels equipped with lavish amenities and are specifically designed for limited target audience such as ultra high-net-worth individuals. Luxury yachts are vessels 75 feet and above and accommodated with sophisticated and luxurious and personalized facilities such as Jacuzzi spa, gymnasium, sauna, and sun pads.

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Luxury yachts have been introduced and have been sailing on the seas since the early twentieth century. Since then, designs have got better, bigger, more adventurous, and more extravagant. Improved design, style, comfort, liveability, technological innovations, and performance drive the growth of the luxury yacht market. Large yachts are now getting easier to handle. Hydraulics and push-button electrics allow loads to be managed reliably and have created all new possibilities for managing large size luxury yachts easily. Furthermore, thrusters at both bow and stern have resulted in better maneuverability, while advances in deck-gear technology have made sail-handling much easier. High customization according to the owners specifications have remained one of the key aspects of luxury yacht industry. Luxury yacht customers demand jet skis, tenders, and other popular water sports equipment for recreational purposes. Furthermore, DJ booths and floating perspex dance floors gain huge traction amongst luxury yacht manufacturers.

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Key Findings of the Luxury Yacht Market:

The 75-120 feet segment was the     highest contributor to the global luxury yacht market in 2017, and is     projected to grow at a moderate CAGR during the forecast period.

There is a continuous buzz for     yacht tourism across the world. As a result, the global luxury yacht     demand in terms of volume is projected to grow at with a CAGR of 3.8% during     the forecast period.

Personalization, chartering, and     remote exploration by yachts are the some of the emerging luxury yacht     market trends around the world.

Fiber reinforced polymer/composites     segment accounted for about three-fourths of the market share for 2017 and     is projected to grow with highest the CAGR during the forecast period.

Motorized luxury yacht segment is     projected to exhibit rapid growth in the luxury yacht market, owing to     easy maneuverability, high power, and more on board facilities.

In terms of volume, Italy accounted     for about 42% share in global luxury yacht market for 2017.

The key players profiled in the report includes Alexander Marine Co Ltd, Damen Shipyards Group, Azimut Benetti S.p.A., Feadship, FERRETTI S.P.A., Horizon Yacht USA, Princess Yachts International plc, Sanlorenzo Spa, Sunseeker International Limited, and Viking Yacht Company.

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[boatrentalitaly]

Book your next 2025 gulet holiday!!!!

Luxury Yacht rental by Yacht Boutique Gulet charter expert

Luxury small ship rental cruises with skipper gulet charter France and Italy.

Boat rental by the cabin and private Yacht Charter in Mediterranean Sea.

Golf and Sail tour

Adventure cruise tours

Boat and Bike tours

Sailing Cruises

Gastronomic sail tour

Luxury Gulet Elianora

39 meter

6 cabins

12 guests

5 crew

Boutique chic yachting Expert

Gulet Victoria

28 meter

4 crew

6 cabins

12 guests

Cruising Unesco la maddalena islands of Sardinia.

Yacht Boutique The luxury on the Water

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[wiseguyreportresearch]

Global Coastal and Maritime Tourism Market Audience, Geographies and Key Players 2026

This report focuses on the global Coastal and Maritime Tourism status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Coastal and Maritime Tourism development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

ALSO READ :  http://www.marketwatch.com/story/ai-in-games-market-growth-2021-2025-by-covid-19-impact-revenue-profit-leading-companies-opportunities-and-global-industry-trends-2021-01-19

The key players covered in this study Carnival Corporation Royal Caribbean Norwegian Cruise Lines MSC Cruises Genting Hong Kong Disney Cruise Silversea Cruises (Royal) Dream Yacht Charter

ALSO READ :  https://icrowdnewswire.com/2019/07/09/banana-pulp-market-global-key-players-trends-share-industry-size-growth-opportunities-forecast-to-2024/

Market segment by Type, the product can be split into Cruise Tourism Yachting and Sailing Tourism Other Market segment by Application, split into Passenger Tickets Service Onboard and Other Service

ALSO READ :  http://www.marketwatch.com/story/frozen-pizza-market-2021-global-share-trends-segmentation-analysis-and-forecast-to-2027-2021-01-18

Market segment by Regions/Countries, this report covers North America Europe China Japan Southeast Asia India Central & South America

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The study objectives of this report are: To analyze global Coastal and Maritime Tourism status, future forecast, growth opportunity, key market and key players. To present the Coastal and Maritime Tourism development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America. To strategically profile the key players and comprehensively analyze their development plan and strategies. To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Coastal and Maritime Tourism are as follows: History Year: 2015-2019 Base Year: 2019 Estimated Year: 2020 Forecast Year 2020 to 2026 For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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Global Yacht Charter Markets Report 2020-2025: Major Players are Burgess, Northrop Johnson, Dream Yacht Charter

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US Superyacht Market Global Expert Analysis To Help You Plan For Upcoming Years 2020-2026

Superyacht Market was valued at USD 12018.87 Million in 2018 and is projected to reach around USD 29361.60 Million by 2025, at a CAGR of XX% during the forecast period. The base year considered for the study is 2018 and the forecast period is 2019-2025. The demand for superyacht in leisure & entertainment, water sports by rich customers is the major driving factor for superyacht market

Scope of Global Superyacht Market Reports –

Superyachts are like regular yachts but bigger and therefore more expensive. A superyacht also known as luxury yacht or megayacht is a commercially operated professionally crewed sailing or motor yacht that has a loadline length of 24 metres and above. Approximately there are more than 4476 superyachts in the world of which a quarter are available for charter. Sales of these luxury yacht vessels are way up every year, nearly 300 superyachts were sold in 2018 compared to 249 such sold in 2017. Growing ultra-high net worth households, adventure enthusiasts, anticipation of privacy and leisure activities are influencing positive growth of global superyacht market.

Global superyacht market is segmented on the basis of yacht type, yacht size and region. On the basis of yacht type the superyacht market is segmented in to motor yacht, sailing yacht and others. On the basis of yacht size, the market is segmented in to below 40-meter, 40-80 meter and above 80 meters. The regions covered in this superyacht market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of Superyacht is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.

Superyacht Market Key Players:

Amels

Azimut Benetti

Nobiskrug

Oceanco Feadship

ISA Yachts

OVERMARINE Group

Christensen Shipyards

Fincanteri

Blohm+Voss Heensen Yachts

Perini Navi

Lurssen Sunseeker Yachts

Holland Jachtbouw

Royal Huisman

Moonen Shipyards

Mulder Shipyards

Market Dynamics –

Growing demand of luxury cruising among rich and super rich individuals mainly in developing and developed countries. Sub 50-metre yacht segment is sold in highest numbers which is approximately 80% of new superyachts sold in 2017. However, sales of large yachts over 80-meters decreased in 2017. Among type of yachts, highest number of motor yachts are sold followed by sailing yachts. The superyachts are also in demand due to increasing interest in marine tourism, water-based sports and leisure activities. Also, these superyachts are used for travelling through sea from one destination to other by many rich people which propels the market to grow. Solar powered yachts are innovated recently in superyacht industry which creates opportunity for this market. The main restraining factor for superyacht market is the high cost of the yachts which can only be afforded by super rich customers. North America is dominating the superyacht market with largest share and expected to maintain its position in forecast period due to presence of major yacht’s manufacturers, increasing demand of motor superyachts for water sports and leisure activities and presence of super rich families. As of 2018, USA has largest number of superyacht owners which is about 407 yachts. Europe is the second largest in superyacht market with many superyacht ownerships among countries like Russia, Greece and UK due to increasing water sports activity, and marine tourism. As for Asia Pacific, it is the fastest growing region in global superyacht market due to growing economy, rising adoption of high standard of living and growing travel & tourism sector. As for Middle east and African region the market will have moderate growth due to presence of rich countries like Saudi Arabia.

Key Benefits

Global Superyacht Market report covers in-depth historical and forecast analysis.

Global Superyacht Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.

Global Superyacht Market report helps to identify opportunities in marketplace.

Global Superyacht Market report covers extensive analysis of emerging trends and competitive landscape.

Superyacht Market Segmentation

By Yacht Type:  motor yacht, sailing yacht, others

By Yacht Size - below 40 meters, 40-80 meters, above 80 meters

By Region:

North America, US, Mexico, Chily, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, South Korea, Japan, India, Southeast Asia, Latin America, Brazil, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa

Table of Content

Chapter – Report Methodology

1.1. Research Process

1.2. Primary Research

1.3. Secondary Research

1.4. Market Size Estimates

1.5. Data Triangulation

1.6. Forecast Model

1.7. USP's of Report

1.8. Report Description

Chapter - Superyacht Market Overview: Qualitative Analysis

2.1. Market Introduction

2.2. Executive Summary

2.3. Superyacht Market Classification

2.4. Market Drivers

2.5. Market Restraints

2.6. Market Opportunity

2.7. Superyacht Market: Trends

2.8. Porter's Five Forces Analysis

2.9. Market Attractiveness Analysis

Chapter – Superyacht Market Overview: Quantitative Analysis

Chapter - Superyacht Market Analysis: Segmentation By Type

Chapter - Superyacht Market Analysis: Segmentation By Application

Continued....

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