Leisure Boat Market Is Crucial To Your Business. Learn Why!

The global leisure boat market size will grow by USD 13.49 billion during 2019-2023. This report offers an analysis of the market based on the product (leisure boat accessories, leisure boat motors, and leisure boat building). The leisure boat market research report further presents in-depth insights into the growth prospects of the market across APAC, Europe, MEA, North America, and South America. The report also provides an analysis of the market’s competitive landscape and offers information on several companies including AB Volvo, Azimut | Benetti Group, BRUNSWICK CORPORATION, Groupe Beneteau, and Yamaha Motor Co., Ltd.
Below are some of the key findings from this leisure boat market analysis report
Global Leisure Boat Market
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.

Global leisure boat market overview

Increasing customer engagement in marinas and recreational boating activities is one of the key factors that will drive leisure boat market growth in the coming years. With the growth of the recreational boating industry in the US and Europe, the demand for leisure boats is expected to increase during the next few years. Additionally, customers are increasingly shifting from the concept of boat ownership to boating experiences as owning and maintaining leisure boats is quite expensive. This will have a positive impact on the sales of leisure boats in the next few years.

Initiatives by government and organizations for promoting leisure boating in emerging countries is one of the key trends expected to gain traction in the market. Efforts from the government of India towards the development of coastal and marine tourism and the Middle East Yacht Conference that was aimed at the collaboration between GCC countries for promoting and facilitating yacht visits and charter opportunities in the region are some of the government initiatives towards driving recreational boating activities. This will subsequently drive leisure boat market growth at a CAGR of over 4% during the forecast period.

Comments

Post a Comment

Popular posts from this blog

Get the Trends of Global Hair Wigs and Extension Market 2019-2023

Image
A wig is a head covering that resembles natural hair and accentuates a person’s appearance. Wigs may be produced from human or synthetic hair. Hair extensions are the length of artificial hair that can be attached to natural hair to create a long hairstyle.     See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report . Get a FREE sample now! Several vendors in the global hair wigs and extension market are shifting their production facilities to countries such as Bangladesh and Vietnam owing to rising labor costs and constraints in sourcing and procuring the raw materials in key manufacturing countries such as China and India. These emerging countries offer huge market growth potential due to the availability of cheap labor and greenfield resources.   Manufacturers such as Artnature and Evergreen Products Group have phased the shift of their production base to Cambodia and Bangladesh, respecti
Read more

Global Anesthesia Devices Market 2019-2023 | 6% CAGR Projection Over the Next Five Years

A key factor driving the growth of the global anesthesia devices market is the advances in anesthesia technology. The anesthesia devices market is witnessing several technological advancements that are focused on increasing patient safety, improving the precision and effectiveness of anesthesia delivery, and minimizing the wastage of anesthetic gas. There is a rising focus on the development of target-controlled and low-flow anesthesia delivery machines that can automate the fresh gas flow and vaporizer settings to gain a specific and end-tidal percentage. For instance, Drager Primus Infinity Empowered by Dragerwerk is integrated with a compact breathing system and advanced gas monitoring features, which help clinicians deliver minimal- and low-flow anesthesia for patients of all ages and acuity levels. Such advances in technology will increase the demand for anesthesia devices during the forecast period. This   global anesthesia devices market 2019-2023   research report also ana
Read more

Industrial High-Shear Mixers Market - Growth Analysis and Forecast

This research report titled ‘Global Industrial High-shear Mixers Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This report also includes an up to date analysis and forecasts for various market segments and all geographical regions. The market research analysis categorizes the global   industrial high-shear mixers   market into the following type of end-user segments. They are: Food and beverage industry Pharmaceutical industry Chemical and petrochemical industry Global industrial high-shear mixers market in food and beverage industry The global industrial high-shear mixers market in the food and beverage industry is experiencing substantial growth due to an increase in the consumption of packaged food around the world. In developing economies such as China and India, consumer preferences are changing rapidly with a growing interest in ready-to-eat processed dairy and bakery products. This is increasing the sc
Read more