Global Recreational Boats Market (2021 to 2027)

Dublin, October 12, 2021 (GLOBE NEWSWIRE) – The “Recreational Boats Market by Strength, Product Type, Activity Type, and Volume: Analysis of Global Opportunities and Industry Outlook, 2020-2027” Report added to ResearchAndMarkets.com an offer.

Recreational boating refers to the activity of traveling on a lake, river, or coastal area in a recreational boat for pleasure. This is done using a boat whether it is speed boats, sailing boats or human powered vessels such as rowing boats. They are used in many activities such as water sports, camping, fishing, regatta, sailing and cruises. Recreational boats are usually used for the purpose of making the tourism experience more enjoyable. Recreational boats, also known as pleasure craft, are available in various types, including tugboats, sailboats, fishing boat, pontoon boats, and cabin cruisers.

Factors such as the growing interest in recreational water sports activities and the increase in water-based tourism are expected to drive the growth of the market. However, the high initial cost and ownership of recreational boats and the environmental concerns associated with recreational boats are expected to hamper market growth. Moreover, technological advancement in motors and boats and increasing number of high net worth population are some of the factors which are expected to provide profitable opportunities for market growth during the forecast period.

The market is segmented on the basis of strength, type of product, type of activity, size, and region. By power, it is categorized into motor-powered, human-powered, and sail-propelled. By product type, they are divided into inboard boats, outdoor boats, inflatable boats, sailing boats and personal watercraft. On the basis of the type of activity, the market is categorized into water sports, cruises, and fishing. By size, they are divided into under 30 feet, 30 to 59 feet, 60 to 79 feet, 80 to 99 feet, over 100 feet, and fully customized. By region, the market is studied across North America, Europe, Asia Pacific, and Lamy.

The major players operating in the recreational boat market are Azimut Benetti Group, Brunswick Corporation, Groupe Beneteau, Hobie Cat Company, Marine Products Corporation, Mastercraft Boat Holdings, Inc, Polaris Inc, Sunseeker International Limited, White River Marine Group and Yamaha Motor Co., Ltd. .

Analysis of the impact of COVID-19

There has been a significant impact on supply chains globally. Boat and engine manufacturers faced huge losses during the first and second quarters of 2020 due to disruptions in supply chains and production schedules. The rapid spread of COVID-19 in the economies of the United States, Europe and Asia has led to nationwide shutdowns and temporary suspensions of production facilities to prevent further spread. However, soon the market started gaining momentum during the second quarter of 2020, and outboard powered boats started to see a sharp rise in demand for recreational purposes. According to the National Marine Manufacturers Association, in May 2020, sales of new boats rebounded sharply, up 59%, compared to April 2020, and up 9% from pre-pandemic levels on a seasonally adjusted basis.

Key Benefits

  • This study provides an analytical depiction of the analysis of the global leisure boats market along with current trends and future estimates to depict imminent pockets of investment.

  • The overall global leisure boats market opportunities are determined by understanding the profitable trends to gain a stronger foothold.

  • The report presents information regarding the major drivers, restraints, and opportunities of the global Recreational Boats market with detailed impact analysis.

  • The current global leisure boats market is quantitatively analyzed from 2019 to 2027 to measure financial efficiency.

  • Porter’s Five Forces Analysis shows the effectiveness of buyers and suppliers in the industry.

Main topics covered:

Chapter 1 Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview
3.1. Market definition and scope
3.2 Main results
3.2.1. The most important influencing factors
3.2.2. The best investment pockets
3.2.3. Best winning strategies
3.3 Porter’s Five Forces Analysis
3.4. Market Share Analysis (2020)
3.5 Market dynamics
3.5.1. drivers
3.5.1.1. Increased interest in recreational water sports activities
3.5.1.2. The growth of water tourism
3.5.2. limitations
3.5.2.1. Initial cost and high ownership of recreational boats
3.5.2.2. Environmental concerns associated with recreational boating
3.5.3. chances
3.5.3.1. Technological advances in boats and boat engines
3.5.3.2. Increasing the number of high net worth individuals
3.6 Impact of COVID-19 on the market
3.6.1. the evolution of outbreaks
3.6.1.1. COVID-19
3.6.2. Microeconomic Impact Analysis
3.6.2.1. Consumer trends
3.6.2.2. technology trends
3.6.2.3. Regulatory trends
3.6.3. Macroeconomic Impact Analysis
3.6.3.1. gross domestic product
3.6.3.2. Import/Export Analysis
3.6.3.3. Employment Index
3.6.4. Impact on leisure boat industry analysis

Chapter 4: The market for recreational boats by force
4.1 Summary
4.2 Motorized
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3 powered
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
4.4 set sail
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country

Chapter Five: Recreational Boat Market by Product Type
5.1 Summary
5.2 Inland boats
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3 Outboard boats
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country
5.4. Inflatable
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country
5.5 sailing boats
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country
5.6 Personal Watercraft
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis by country

Chapter 6: Recreational boat market, by type of activity
6.1 Summary
6.2 Water sports and cruises
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis by country
6.3 Fishing
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis by country

Chapter 7: The market for recreational boats by size
7.1. summary
7.2 Less than 30 feet
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by region
7.2.3. Market analysis by country
7.3.30 to 59 feet
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by region
7.3.3. Market analysis by country
7.4.60 to 79 feet
7.4.1. Key market trends, growth factors and opportunities
7.4.2. Market size and forecast, by region
7.4.3. Market analysis by country
7.5.80 to 99 feet
7.5.1. Key market trends, growth factors and opportunities
7.5.2. Market size and forecast, by region
7.5.3. Market analysis by country
7.6. over 100 feet
7.6.1. Key market trends, growth factors and opportunities
7.6.2. Market size and forecast, by region
7.6.3. Market analysis by country
7.7 Full Custom
7.7.1. Key market trends, growth factors and opportunities
7.7.2. Market size and forecast, by region
7.7.3. Market analysis by country

Chapter 8: Leisure Boat Market by Region

Chapter 9: Company Profiles
9.1 AZIMUT BENETTI SET
9.1.1. Company Profile
9.1.2. Key Executives
9.1.3. company shot
9.1.4. product portfolio
9.1.5. Key strategic moves and developments
9.2. Brunswick Corporation
9.2.1. Company Profile
9.2.2. Key Executives
9.2.3. company shot
9.2.4. Operating Business Sectors
9.2.5. product portfolio
9.2.6. Research and development expenditures
9.2.7. business performance
9.2.8. Key strategic moves and developments
9.3 BENETEAU collection
9.3.1. Company Profile
9.3.2. Key Executives
9.3.3. company shot
9.3.4. Operating Business Sectors
9.3.5. product portfolio
9.3.6. business performance
9.3.7. Key strategic moves and developments
9.4 HOBIE CAT
9.4.1. Company Profile
9.4.2. Key Executives
9.4.3. company shot
9.4.4. product portfolio
9.5 Marine Products Company
9.5.1. Company Profile
9.5.2. Key Executives
9.5.3. company shot
9.5.4. product portfolio
9.5.5. business performance
9.6 MASTERCRAFT BOAT HOLDINGS, INC.
9.6.1. Company Profile
9.6.2. Key Executives
9.6.3. company shot
9.6.4. Operating Business Sectors
9.6.5. product portfolio
9.6.6. Research and development expenditures
9.6.7. business performance
9.6.8. Key strategic moves and developments
9.7 Polaris Corporation
9.7.1. Company Profile
9.7.2. Key Executives
9.7.3. company shot
9.7.4. Operating Business Sectors
9.7.5. product portfolio
9.7.6. Research and development expenditures
9.7.7. business performance
9.7.8. Key strategic moves and developments
9.8. SUNSEEKER INTERNATIONAL LIMITED
9.8.1. Company Profile
9.8.2. Key Executives
9.8.3. company shot
9.8.4. product portfolio
9.8.5. Key strategic moves and developments
9.9. White River Marine group
9.9.1. Company Profile
9.9.2. Key Executives
9.9.3. company shot
9.9.4. product portfolio
9.9.5. Key strategic moves and developments
9.10. Yamaha Motor Co. , lt.
9.10.1. Company Profile
9.10.2. Key Executives
9.10.3. company shot
9.10.4. Operating Business Sectors
9.10.5. product portfolio
9.10.6. Research and development expenditures
9.10.7. business performance
9.10.8. Key strategic moves and developments

For more information about this report visit https://www.researchandmarkets.com/r/ckmq9s

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