GITNUX MARKETDATA REPORT 2024

Must-Know Boat Industry Statistics [Latest Report]

Highlights: The Most Important Boat Industry Statistics

  • The global recreational boating market is projected to grow at a CAGR of 5.1% from 2020 to 2027, with the personal watercraft segment expected to dominate the market.
  • In 2019, approximately 80 thousand households in the UK owned a motorboat
  • The global leisure boat market size was valued at USD 44.47 billion in 2022 and is expected to expand at a CAGR of 5.4% from 2023 to 2030 due to rising disposable income and flourishing tourism sector in emerging economies.
  • The global recreational boating market is projected to grow at a CAGR of 5.1% from 2020 to 2027, with the personal watercraft segment expected to dominate the market.
  • The number of enterprises in the ships and boats building industry in Greece remained nearly unchanged in 2020, marking the second consecutive increase in the industry.
  • The number of enterprises in the ships and boats building industry in Italy increased by 2.73% in 2019, totaling 1,356 enterprises.
  • The global leisure boat market size is expected to grow at a CAGR of 5.4% from 2023 to 2030, driven by rising disposable income and flourishing tourism in emerging economies.
  • The global leisure boat market size is expected to reach USD 64,713 million by 2030, with North America holding the largest share of USD 28,367 million.
  • The global recreational boat market is expected to grow at a CAGR of 6.5% over the forecast period, driven by the development of new water bodies as tourist hotspots, strong government support, and the rise in disposable income.
  • Marine and ocean tourism have seen a rapid growth in the global tourism industry, with a 6% increase in global GDP contribution in 2021 and an expected 1.8 billion tourist arrivals by 2030.
  • Approximately 0.5% of people in the UK owned a small sailing boat in 2017.
  • In 2019, approximately 80 thousand households in the UK owned a motorboat.

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The boat industry is a major contributor to the global economy, and its statistics can tell us a great deal about the health of the industry. In this article, we’ll take a look at some of the most interesting and important boat industry statistics, and discuss what they can tell us about the current state of the industry.

We’ll also explore some of the trends that are shaping the future of the boat industry, and how these trends could impact the industry in the years to come. Finally, we’ll discuss some of the challenges that the industry is facing, and how they can be addressed. So, let’s dive in and explore the fascinating world of boat industry statistics.

Boat Industry: Most Important Statistics

The global recreational boating market is projected to grow at a CAGR of 5.1% from 2020 to 2027, with the personal watercraft segment expected to dominate the market.
The number of enterprises in the ships and boats building industry in Italy increased by 2.73% in 2019, totaling 1,356 enterprises.
In 2019, approximately 80 thousand households in the UK owned a motorboat.

Boat Industry: Statistics Overview

The global leisure boat market size was valued at USD 44.47 billion in 2022 and is expected to expand at a CAGR of 5.4% from 2023 to 2030 due to rising disposable income and flourishing tourism sector in emerging economies.

This statistic is important for the boat industry as it shows that the market is expected to grow over the next few years due to increased disposable income and tourism in emerging economies. This growth can be used to inform strategies and investments within the industry, allowing companies to capitalize on the expected growth.

The global recreational boating market is projected to grow at a CAGR of 5.1% from 2020 to 2027, with the personal watercraft segment expected to dominate the market.

This statistic matters in the context of Boat Industry Statistics because it provides insight into the current and future size of the recreational boating market, as well as the types of products that are expected to be popular.

This information can be used by industry stakeholders to make informed decisions about their investments and strategies.

The number of enterprises in the ships and boats building industry in Greece remained nearly unchanged in 2020, marking the second consecutive increase in the industry.

The industry is growing, despite the challenges of the pandemic. This indicates that the industry is resilient and may be able to weather future economic downturns.

The number of enterprises in the ships and boats building industry in Italy increased by 2.73% in 2019, totaling 1,356 enterprises.

This shows the growth of the ships and boats building industry in Italy. This growth indicates that the industry is doing well and could be a sign of increased demand for boats and ships in the country.

This could be beneficial for businesses in the industry as it could lead to more sales and profits. Additionally, it could also indicate that more people are investing in boats and ships, which could be beneficial for the economy as a whole.

The global leisure boat market size is expected to grow at a CAGR of 5.4% from 2023 to 2030, driven by rising disposable income and flourishing tourism in emerging economies.

This growth is important for the boat industry as it indicates increased demand for leisure boats and potential for increased sales.

The global leisure boat market size is expected to reach USD 64,713 million by 2030, with North America holding the largest share of USD 28,367 million.

It provides an indication of the current and future size of the leisure boat market, as well as the geographical distribution of the market.

This information can be used to inform decision-making, such as where to focus marketing efforts and where to invest in research and development.

The global recreational boat market is expected to grow at a CAGR of 6.5% over the forecast period, driven by the development of new water bodies as tourist hotspots, strong government support, and the rise in disposable income.

This provides insight into the current and future market trends. It shows that the recreational boat market is expected to grow, which could lead to increased sales and revenue for the industry.

Additionally, it highlights the factors that are driving the growth of the market, such as the development of new water bodies, government support, and the rise in disposable income. This information can be used by boat manufacturers and retailers to make informed decisions about their business strategies.

Marine and ocean tourism have seen a rapid growth in the global tourism industry, with a 6% increase in global GDP contribution in 2021 and an expected 1.8 billion tourist arrivals by 2030.

It demonstrates a growing demand for marine and ocean tourism, which will likely lead to an increase in demand for boats and other marine vessels.

This could lead to increased revenue and profits for boat manufacturers, as well as more job opportunities in the boat industry.

Approximately 0.5% of people in the UK owned a small sailing boat in 2017.

This statistic is important in the context of Boat Industry Statistics as it provides an indication of the size of the market for small sailing boats in the UK.

This information can be used by boat manufacturers and retailers to better understand the size of the market and inform their strategies for targeting potential customers.

In 2019, approximately 80 thousand households in the UK owned a motorboat.

This statistic is important in the context of Boat Industry Statistics because it provides insight into the number of households in the UK that own motorboats, which can be used to inform decisions about the production and sale of motorboats in the UK.

Conclusion

In conclusion, the boat industry is a thriving and ever-growing industry that is seeing more and more people joining in on the fun. With the rise of technology, the industry is becoming more accessible and efficient, allowing for more people to enjoy the boating lifestyle.

The statistics show that the industry is growing, and with the right resources and strategies, the industry can continue to grow and thrive.

References

1 – https://www.grandviewresearch.com/industry-analysis/global-leisure-boat-market#:~:text=The%20global%20leisure%20boat%20market%20size%20was%20estimated%20at%20USD,USD%2067.27%20billion%20by%202030.

2 – https://www.alliedmarketresearch.com/recreational-boating-market

3 – https://www.statista.com/statistics/385185/number-of-enterprises-building-ships-and-boats-in-greece/

4 – https://www.statista.com/statistics/385194/number-of-enterprises-building-ships-and-boats-in-italy/

5 – https://www.grandviewresearch.com/industry-analysis/global-leisure-boat-market#:~:text=The%20global%20leisure%20boat%20market,5.4%25%20from%202023%20to%202030.

6 – https://www.globenewswire.com/en/news-release/2022/08/03/2491682/0/en/Leisure-Boat-Market-Size-is-projected-to-reach-USD-64-71-Billion-by-2030-growing-at-a-CAGR-of-4-7-Straits-Research.html

7 – https://www.polarismarketresearch.com/industry-analysis/recreational-boat-market

8 – https://www.arizton.com/market-reports/recreational-boat-market

9 – https://www.statista.com/statistics/657134/share-of-people-who-own-a-boat-united-kingdom-uk/

10 – https://www.statista.com/statistics/530453/boat-owning-households-numbers-united-kingdom-uk/

FAQs

What is the boat industry?

The boat industry is an industry that produces and sells boats, as well as related services such as repairs, maintenance, and accessories.

What types of boats are available?

There are many types of boats available, including sailboats, powerboats, fishing boats, pontoon boats, and more.

What is the cost of owning a boat?

The cost of owning a boat can vary greatly depending on the type of boat, size, and features. Generally speaking, the cost of owning a boat can range from a few thousand dollars to hundreds of thousands of dollars.

What is the best way to maintain a boat?

The best way to maintain a boat is to keep it clean, inspect it regularly, and perform any necessary repairs or maintenance. Additionally, it is important to store the boat properly and use the right type of fuel.

What safety measures should be taken when boating?

When boating, it is important to wear a life jacket, check the weather conditions, and have a plan for emergencies. Additionally, it is important to be aware of other boats in the area and follow all applicable laws and regulations.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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