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Global Recreational Boat Market Outlook and Forecast 2018-2023: Market Expected to Reach Revenues of $50+ Billion - ResearchAndMarkets.com

October 11, 2018

DUBLIN--(BUSINESS WIRE)--Oct 11, 2018--The “Recreational Boat Market - Global Outlook and Forecast 2018-2023” report has been added to ResearchAndMarkets.com’s offering.

The global recreational boat market is expected to reach revenues of more than $50 billion by 2023, growing at a CAGR of approximately 4% during 2017-2023. The research report also offers market size in terms of unit shipment values during the forecast period.

The exponential growth of the travel and tourism industry across the European region will positively impact the development of the global market. The rapid economic development and the increasing demand for charter services in Southeast Asia will boost the demand for new products in the market.

The global recreational boat market is driven by growth in travel and tourism across the European, Russia, APAC, and Latin American region. The rapid economic growth, increasing HNWI population, and the growing popularity of Southeast Asian tourist beach and marine destinations will boost revenues in the global recreational boating market. The market research report provides in-depth market analysis and segmental analysis of the global recreational boat market by power, product, and geography.

The report considers the present scenario of the global recreational boat market and its market dynamics for the period 2018-2023. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the global recreational boat market.

The major vendors in the global recreational boat market are:

Brunswick Corporation Groupe Beneteau Azimut-Benetti Group Sunseeker International Ferretti

Other Prominent Companies

Princess Yachts Marine Products Corporation MCBC Holdings Inc. Malibu Boats Inc. HanseYachts Bavaria Yachtbau Bertram Yachts Boston Whaler Boats Chaparral Boats Grady-White Boats Lund Boat Company Sea Ray White River Marine Group Yamaha Motor Corporation Viking Yacht Grand Banks Yachts Porter Maverick Boat Group Inc Correct Craft Baja Marine Pacific Asian Enterprises Albemarle Boats Marlow Hunter Catalina Yachts Hobie Cat Corporation Zodiac Marine & Pool SAS Bombardier Recreational Products Incorporated Fountain Powerboat Industries Incorporated Godfrey Marine Thunder Jet Explorer Industries Custom Weld Duckworth Boats High Caliber

For more information about this report visit https://www.researchandmarkets.com/research/jbx5w7/global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181011005288/en/

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Related Topics:Maritime

KEYWORD:

INDUSTRY KEYWORD: TRANSPORT MARITIME

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 10/11/2018 04:04 AM/DISC: 10/11/2018 04:04 AM

http://www.businesswire.com/news/home/20181011005288/en

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