Global Recreational Boating Market (2021-2027)

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Dublin, October 12, 2021 (GLOBE NEWSWIRE) – The “Recreational Boating Market by Power, Product Type, Business Type and Size: Global Opportunity Analysis and Industry Forecast, 2020-2027” report was added to ResearchAndMarkets.com offer.

Boating refers to the activity of moving on a lake, river or coastal area in a pleasure boat for fun. This is done with the help of a boat, be it motorboats, sailboats, or human-powered boats such as rowing and paddle boats. They are used for several activities such as water sports, camping, fishing, boat racing, sailing and cruising. Boating is generally practiced with the aim of making the experience of tourism more enjoyable. Pleasure craft, also known as pleasure craft, come in different types, including tugs, sailboats, fishing boats, pontoons, and cruise ships.

Factors such as growing interest in recreational water sports activities and increasing water tourism are expected to drive the market growth. However, the high upfront and ownership costs of pleasure craft and environmental concerns associated with boating are expected to hamper the growth of the market. Further, technological advancements in boats and boat engines and the growth of high net worth population are some of the factors which are expected to provide lucrative opportunities for market growth during the forecast period.

The market is segmented on the basis of power, product type, business type, size and region. By power, it is classified into engine, man and sail. By product type, it is divided into inboard boats, outboards, inflatables, sailboats and personal watercraft. Based on the type of activity, the market is categorized into water sports and cruising and fishing. By size, it is 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 in North America, Europe, Asia-Pacific and LAMEA.

The main players operating in the recreational boating 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.

COVID-19 impact assessment

There has been a significant impact on supply chains globally. Boat and engine manufacturers suffered huge losses in the first and second quarters of 2020 due to disrupted supply chains and production schedules. The rapid spread of COVID-19 in the United States, Europe and Asian economies has resulted in nationwide lockdowns and a temporary shutdown of production facilities to prevent further spread. However, the market quickly started to gain traction in the second quarter of 2020, and outboard motor boats began to see an increase in demand for recreational purposes. According to the National Marine Manufacturers Association, in May 2020, new boat sales rebounded strongly, up 59% from April 2020 and 9% from pre-pandemic levels on a seasonally adjusted basis.

Key Benefits

  • This study presents an analytical description of the global recreational boating market analysis along with current trends and future estimates to describe impending investment pockets.

  • The overall opportunity of the global boating market is determined by understanding profitable trends to gain a stronger foothold.

  • The report presents information related to key drivers, restraints, and opportunities of the global recreational boating market with detailed impact analysis.

  • The current global boating market is quantitatively analyzed from 2019 to 2027 to compare financial skills.

  • Porter’s Five Forces Analysis illustrates the power of buyers and suppliers in the industry.

Main topics covered:

CHAPTER 1 INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

CHAPTER 3: MARKET OVERVIEW
3.1. Definition and scope of the market
3.2. Main conclusions
3.2.1. Main impact factors
3.2.2. The best investment pockets
3.2.3. The best winning strategies
3.3. Porter’s Five Forces Analysis
3.4. Market share analysis (2020)
3.5. Market dynamics
3.5.1. Conductors
3.5.1.1. Growing interest in recreational water sports
3.5.1.2. Growth of nautical tourism
3.5.2. Constraints
3.5.2.1. High initial cost and ownership of pleasure craft
3.5.2.2. Environmental concerns associated with recreational boating
3.5.3. Opportunities
3.5.3.1. Technological advancement in boats and boat engines
3.5.3.2. A growing number of high net worth individuals
3.6. Impact of COVID-19 on the market
3.6.1. Evolution of outbreaks
3.6.1.1. COVID-19[female[feminine
3.6.2. Microeconomic impact analysis
3.6.2.1. Consumption trends
3.6.2.2. Technological trends
3.6.2.3. Regulatory trends
3.6.3. Macroeconomic impact analysis
3.6.3.1. GDP
3.6.3.2. Import / export analysis
3.6.3.3. Employment index
3.6.4. Impact on the yachting industry analysis

CHAPTER 4: PLEASURE NAVIGATION MARKET, BY POWER
4.1. Overview
4.2. Motor powered
4.2.1. Key Market Trends, Growth Drivers and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market analysis, by country
4.3. Man operated
4.3.1. Key Market Trends, Growth Drivers and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market analysis, by country
4.4. Propelled sail
4.4.1. Key Market Trends, Growth Drivers and Opportunities
4.4.2. Market Size and Forecast, by Region
4.4.3. Market analysis, by country

CHAPTER 5: PLEASURE NAVIGATION MARKET, BY TYPE OF PRODUCT
5.1. Overview
5.2. Inboard boats
5.2.1. Key Market Trends, Growth Drivers 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 Drivers 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 Drivers and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market analysis, by country
5.5. Boat
5.5.1. Key Market Trends, Growth Drivers 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 Drivers and Opportunities
5.6.2. Market Size and Forecast, by Region
5.6.3. Market analysis, by country

CHAPTER 6: PLEASURE NAVIGATION MARKET, BY TYPE OF ACTIVITY
6.1. Overview
6.2. Water sports and cruising
6.2.1. Key Market Trends, Growth Drivers 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 Drivers and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3. Market analysis, by country

CHAPTER 7: RECREATIONAL BOATING MARKET, BY SIZE
7.1. Overview
7.2. Less than 30 feet
7.2.1. Key Market Trends, Growth Drivers and Opportunities
7.2.2. Market Size and Forecast, by Region
7.2.3. Market analysis, by country
7.3.30 to 59 ft
7.3.1. Key Market Trends, Growth Drivers and Opportunities
7.3.2. Market Size and Forecast, by Region
7.3.3. Market analysis, by country
7.4.60 to 79 ft
7.4.1. Key Market Trends, Growth Drivers 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 Drivers 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 Drivers and Opportunities
7.6.2. Market Size and Forecast, by Region
7.6.3. Market analysis, by country
7.7. Fully personalized
7.7.1. Key Market Trends, Growth Drivers and Opportunities
7.7.2. Market Size and Forecast, by Region
7.7.3. Market analysis, by country

CHAPTER 8: PLEASURE NAVIGATION MARKET, BY REGION

CHAPTER 9: COMPANY PROFILES
9.1. AZIMUT BENETTI GROUP
9.1.1. Company presentation
9.1.2. Key leaders
9.1.3. Company overview
9.1.4. Product portfolio
9.1.5. Key strategic movements and developments
9.2. BRUNSWICK COMPANY
9.2.1. Company presentation
9.2.2. Key leaders
9.2.3. Company overview
9.2.4. Operational business sectors
9.2.5. Product portfolio
9.2.6. R&D expenditure
9.2.7. Company performance
9.2.8. Key strategic movements and developments
9.3. BÉNETEAU GROUP
9.3.1. Company presentation
9.3.2. Key leaders
9.3.3. Company overview
9.3.4. Operational business sectors
9.3.5. Product portfolio
9.3.6. Company performance
9.3.7. Key strategic movements and developments
9.4. HOBIE CAT COMPANY
9.4.1. Company presentation
9.4.2. Key leaders
9.4.3. Company overview
9.4.4. Product portfolio
9.5. MARINE PRODUCTS COMPANY
9.5.1. Company presentation
9.5.2. Key leaders
9.5.3. Company overview
9.5.4. Product portfolio
9.5.5. Company performance
9.6. MASTERCRAFT BOAT HOLDINGS, INC.
9.6.1. Company presentation
9.6.2. Key leaders
9.6.3. Company overview
9.6.4. Operational business sectors
9.6.5. Product portfolio
9.6.6. R&D expenditure
9.6.7. Company performance
9.6.8. Key strategic movements and developments
9.7. POLARIS INC.
9.7.1. Company presentation
9.7.2. Key leaders
9.7.3. Company overview
9.7.4. Operational business sectors
9.7.5. Product portfolio
9.7.6. R&D expenditure
9.7.7. Company performance
9.7.8. Key strategic movements and developments
9.8. SUNSEEKER INTERNATIONAL LIMITED
9.8.1. Company presentation
9.8.2. Key leaders
9.8.3. Company overview
9.8.4. Product portfolio
9.8.5. Key strategic movements and developments
9.9. WHITE RIVER MARINE GROUP
9.9.1. Company presentation
9.9.2. Key leaders
9.9.3. Company overview
9.9.4. Product portfolio
9.9.5. Key strategic movements and developments
9.10. YAMAHA MOTOR CO., LTD.
9.10.1. Company presentation
9.10.2. Key leaders
9.10.3. Company overview
9.10.4. Operational business sectors
9.10.5. Product portfolio
9.10.6. R&D expenditure
9.10.7. Company performance
9.10.8. Key strategic movements and developments

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

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