Recreational Boating Market Forecast 2022-2027 by Kanika Sharma

Global Recreational Boating Market Research Report 2022-2027

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Report Description

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Report Description and Highlights Report Description Global Recreational Boating Market Outlook 2022-2027: According to the latest report by IMARC Group, titled "Recreational Boating Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global recreational boating market reached a value of US$ 21.3 Billion in 2021. Recreational boating refers to an activity involving the utilization of boats that individuals take part in during their free time. It also includes various leisure activities, such as fishing expeditions, tubing in water, skiing and surfing, powerboat racing, kayaking and picnic. Some of the commonly used boats for recreational activities include runabouts, pontoon, sterndrive powerboats, cabin cruisers, jet boats and propulsion systems. The inflating disposable income levels and the shifting lifestyle preferences of individuals have led to the growing demand for luxury cruises across the globe, which, in turn, is providing a boost to the demand for recreational boating. Request for a PDF sample of this report: https://www.imarcgroup.com/recreational-boating-market/requestsample

Report Description and Highlights

Report Description

Global Recreational Boating Market Drivers/Constraints: The global market is primarily driven by the increasing participation in recreational activities due to the rising popularity of water-based leisure activities among the masses. Since recreational activities are associated with several benefits, including improvement in mental health, personal growth and social skills, this is catalyzing the demand for boating among the masses. Moreover, continuous improvements in the travel and tourism sector and the increasing investments by private and public firms to upgrade the industry are creating a positive market outlook. Furthermore, continual technological advancements, such as the widespread integration of advanced features in boats for providing an enhanced experience to customers, are favorably impacting the market. Other factors, including numerous initiatives undertaken by the government of several countries for promoting water sports activities and the popularity of sport fishing among individuals, are also contributing to the growth of the market. On account of the aforementioned factors, Looking forward, the market is anticipated to reach a value of US$ 28.8 Billion by 2027, exhibiting a CAGR of 5.57% during 2022-2027. View Report TOC, Figures and Tables: https://www.imarcgroup.com/recreational-boating-market

Report Description and Highlights

Report Description Key Market Segmentation

The research report includes the following segments:

Breakup by Product Type: •Inboard Boats •Outboard Boats •Inflatable •Sail Boats •Personal Watercrafts

Breakup by Activity Type: •Watersports and Cruising •Fishing

Report Description and Highlights

Report Description Breakup by Material Type: •Aluminum •Fiberglass •Wood •Others

Breakup by Size: •Less Than 30 Ft •30 to 59 Ft •60 to 79 Ft •80 to 99 Ft •More Than 100 Ft •Full Custom

Breakup by Power Source: •Engine Powered •Human Powered •Sail Propelled

Report Description and Highlights

Report Description Breakup by Region:

•North America (United States, Canada) •Europe (Germany, France, United Kingdom, Italy, Spain, Others) •Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others) •Latin America (Brazil, Mexico, Others) •Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others) Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. click here: https://www.imarcgroup.com/request?type=report&id=4713&flag=E

Report Description and Highlights

Report Description Competitive Landscape: • • • • • • • • • • • •

Baja Bound Insurance Services Inc., Brunswick Corporation, Catalina Yachts, Chaparral Boats Inc. (Marine Products Corporation), Edenton Boatworks LLC, Grady-White Boats Inc., Hobie CAT Company, MasterCraft Boat Holdings Inc., Maverick Boat Group Inc. (Malibu Boats), Polaris Inc., White River Marine Group (Bass Pro Shops) Yamaha Motor Company Limited.

Key Questions Answered in the Report

Report Description

Key Questions Answered in This Report:

•How has the global recreational boating market performed so far and how will it perform in the coming years? •What has been the impact of COVID-19 on the global recreational boating market? •What are the key regional markets? •What is the breakup of the market based on the product type? •What is the breakup of the market based on the activity type? •What is the breakup of the market based on the material type? •What is the breakup of the market based on the size? •What is the breakup of the market based on the power source? •What are the various stages in the value chain of the industry? •What are the key driving factors and challenges in the industry? •What is the structure of the global recreational boating market and who are the key players? •What is the degree of competition in the industry?

Report Description 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology

3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends

Table of Contents

Report Description

Table of Contents

5 Global Recreational Boating Market 5.1 5.2 5.3 5.4

Market Overview Market Performance Impact of COVID-19 Market Forecast

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Report Description and Highlights

Report Description

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