How big is the Recreational Boating Market?

The Recreational Boating Market size is expected to reach USD 27.32 billion in 2024 and grow at a CAGR of 5.10% to reach USD 36.78 billion by 2029. Read More

What is the current Recreational Boating Market size?

In 2024, the Recreational Boating Market size is expected to reach USD 27.32 billion. Read More

Who are the key players in Recreational Boating Market?

Brunswick Corporation, Groupe Beneteau, Azimut Benetti Group, Bennington Marine LLC and Catalina Yachts are the major companies operating in the Recreational Boating Market. Read More

Which is the fastest growing region in Recreational Boating Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Recreational Boating Market?

In 2024, the North America accounts for the largest market share in Recreational Boating Market. Read More

What years does this Recreational Boating Market cover, and what was the market size in 2023?

In 2023, the Recreational Boating Market size was estimated at USD 25.93 billion. The report covers the Recreational Boating Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Recreational Boating Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Which engine type is expected to see the fastest growth in the future?

The electric engine type is expected to see the fastest growth in the Global Recreational Boat Market. Read More

Recreational Boating Market Share

Statistics for the 2023 & 2024 Recreational Boating market share, created by Mordor Intelligence™ Industry Reports. Recreational Boating share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Recreational Boating Industry

The recreational boating market is fragmented and dominated by industry players such as American Sail Inc., Ferretti, Sunseeker, Beneteau, Brunswick, MacGregor, Azimut-Benetti, Hunter, Hobie Cat Corporation, Princess Cruise, Bavaria Yachtbau, and Catalina Yachts. The boat manufacturers are expanding their business to increase their revenue generation opportunities. For instance:

In March 2022, Sportsman Manufacturing Inc. has announced to invest USD 8 million to expand their operations in Dorchester County, South Carolina, this will increase the manufacturing capacity of company in order to meet the growing demands.