The recreational boat market is valued at US $ 35.49 billion by 2028 and is expected to grow at a combined annual growth rate of 5% over the projected period 2021-2027. The recreational boat market is from 2021 to 2028 as new technology is incorporated into the boats. In addition, the growing number of boats shows and tournaments and the high growth in GDP and disposable income have also had a significant impact on the growth of the recreational boat market. It is also estimated that increased youth participation in sports and leisure activities and increased health awareness will drive demand for skilled and durable recreational boats, another impetus for the growth of the recreational boat market.
A full report of Recreational Boats Market available at: https://www.orionmarketreports.com/recreational-boats-market/49398/
Key market players include Groupe Beneteau, Brunswick, Yamaha Motor Corporation, Porter Inc., Maverick Boat Group, Inc., Malibu Boats, Grady-White Boats, Inc., Correct Craft, and Brunswick Corporation.
Recreational Boats Market Key Segments:
By Product
• Inboard Boats
• Outboard Boats
• Inflatables
By Engine:
• Diesel
• Gas
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
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