1. Market Research
  2. > Manufacturing
  3. > Shipbuilding Market Trends
  4. > Global Leisure Boat Market Report: 2015 Edition

Global Leisure Boat Market Report: 2015 Edition

  • April 2015
  • -
  • Koncept Analytics
  • -
  • 59 pages

Summary

Table of Contents

A leisure boat is also known as pleasure craft or recreational boat that is designed for and capable of moving in water with a maximum length of up to 24 meters, and is meant to be used for recreational or leisure activities only, and is not utilized in any type of business or moneymaking venture. The pleasure craft may also be used as a temporary residence for the owner, and often is equipped with amenities that are like those that are found in a home, albeit on a smaller scale. The very craft could be motorized or non-motorized depending upon the boat type.

North America accounts for the largest share in the global recreational boating market. In North America, the US holds the largest share of recreational boat market. Around 37% of the total population of the US participates in recreational boating on annual basis. Italy, UK, Germany and France are some of the major recreational boating markets in European region. The share of recreational boating market is expected to grow at higher rate in Europe region as compared to North America. This industry was hit hard during global recession as demand in major markets such as the US and Europe suffered a negative impact during economic slowdown. However, with improved economy with GDP projected to grow, an improving housing market, a stronger job market, increasing consumer confidence and a multi-year low on fuel prices have bolstered leisure boat market outlook for coming years.

Increasing GDP levels, increasing volumes of both inbound and domestic tourists coupled with rise in disposable incomes, improving adult participation in recreational boating activities, increasing high net worth population and increasing urban population are the factors driving the leisure boat industry. Despite the existence of various growth drivers, there are certain challenges faced by the industry including environmental concerns, impacts of adverse weather conditions like floods, drought, unreasonably hot or cold weather, shortage of boat moorings and contention from other leisure activity sources which can potentially hinder the growth of the industry.

The report, “Global Leisure Boat Market” prudently analyzes the development of the respective market, with a focus on regions including the US, UK, Italy and Croatia. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The leisure boat industry is predominated by a handful of players including Beneteau SA, Brunswick Corporation and Marine Products Corporation contending and vying for capturing market share. The profiles of these leading players are also included in the report along with their key financials and strategies for growth.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Global Ship & Boat Building - Industry Market Research Report

Global Ship & Boat Building - Industry Market Research Report

  • $ 1090
  • Industry report
  • April 2017
  • by Ibisworld

Better conditions: Demand is forecast to stabilize due to a need for fuel-efficient ships, new regulations and economic growth Abstract Global Ship & Boat Building Over the five years to 2017, the Global ...

Boat Dealership and Repair in the US - Industry Market Research Report

Boat Dealership and Repair in the US - Industry Market Research Report

  • $ 1090
  • Industry report
  • March 2017
  • by Ibisworld

All aboard: Higher disposable incomes will keep industry demand afloat Abstract Boat Dealership and Repair in the US Over the five years to 2017, revenue for the Boat Dealership and Repair industry is ...

Ships and Boats in India: ISIC 351

Ships and Boats in India: ISIC 351

  • $ 604
  • Industry report
  • January 2017
  • by Euromonitor International

Euromonitor International’s Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Ships and Boats market ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.