Yacht Charter Trends and Forecast
The future of the global yacht charter market looks promising with opportunities in the vacation/leisure and sailing markets. The global yacht charter market is expected to reach an estimated $30.0 billion by 2030 with a CAGR of 5.9% from 2024 to 2030. The major drivers for this market are increasing interest in water-based sports & recreational pursuits, rising demand for eco-friendly and sustainable yachting experiences, and expanding trend of wellness-themed yacht charters.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Yacht Charter by Segment
The study includes a forecast for the global yacht charter by type, application, and region.
Yacht Charter Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Motor Yacht
• Sailing Yacht
• Others
Yacht Charter Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Vacation/Leisure
• Sailing
• Others
Yacht Charter Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Yacht Charter Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies yacht charter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the yacht charter companies profiled in this report include-
• West Coast Marine Yacht Services
• Boatjump
• Northrop & Johnson
• Ionian Catamarans
• SAILOGY
• Yachtico
• ZIZOOBOATS
• Boatsetter
• MARTELLO YACHTING & COMPANY
• IYC
Yacht Charter Market Insights
Lucintel forecasts that motor yacht is expected to witness the higher growth over the forecast period.
Within this market, vacation/leisure is expected to witness the higher growth over the forecast period.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Yacht Charter Market
Market Size Estimates: Yacht charter market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Yacht charter market size by type, application, and region in terms of value ($B).
Regional Analysis: Yacht charter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the yacht charter market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the yacht charter market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the yacht charter market size?
Answer: The global yacht charter market is expected to reach an estimated $30.0 billion by 2030.
Q2. What is the growth forecast for yacht charter market?
Answer: The global yacht charter market is expected to grow with a CAGR of 5.9% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the yacht charter market?
Answer: The major drivers for this market are increasing interest in water-based sports & recreational pursuits, rising demand for eco-friendly and sustainable yachting experiences, and expanding trend of wellness-themed yacht charters.
Q4. What are the major segments for yacht charter market?
Answer: The future of the yacht charter market looks promising with opportunities in the vacation/leisure and sailing markets.
Q5. Who are the key yacht charter market companies?
Answer: Some of the key yacht charter companies are as follows:
• West Coast Marine Yacht Services
• Boatjump
• Northrop & Johnson
• Ionian Catamarans
• SAILOGY
• Yachtico
• ZIZOOBOATS
• Boatsetter
• MARTELLO YACHTING & COMPANY
• IYC
Q6. Which yacht charter market segment will be the largest in future?
Answer: Lucintel forecasts that motor yacht is expected to witness the higher growth over the forecast period.
Q7. In yacht charter market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the yacht charter market by type (motor yacht, sailing yacht, and others), application (vacation/leisure, sailing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Yacht Charter Market, Yacht Charter Market Size, Yacht Charter Market Growth, Yacht Charter Market Analysis, Yacht Charter Market Report, Yacht Charter Market Share, Yacht Charter Market Trends, Yacht Charter Market Forecast, Yacht Charter Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.