The global demand for Yacht Charter Market is presumed to reach the market size of nearly USD 12.89 MN by 2028 from USD 8.46 MN in 2021 with a CAGR of 6.2% under the study period 2022 - 2028.
Yacht Charter refers to the practice of either renting or chartering sailboats/motor yachts and take a tour to various coastal regions or islands. Yacht Charter is a fun activity. Yacht Charter is of different types that include bareboat charter, Flotilla sailing, cabin charter, and crewed charter. Bareboat charter runs without crew and skipper whereas other charters come with crew and skipper. Flotilla sailing is accompanied by a yacht with a professional crew. Cabin charter refers to sailing without any experience.
The rise in luxury marine tourism and personalized services are the primary factors responsible for the growth of yacht charters. Corporate companies are planning marine tourism often to free up their space and for a fun mood. This activity is also expected to support the demand for yacht charters. Other factors that increase the demand for yacht charters include a rise in yacht service providers, number of promotional events, disposable income, booming tourism sector, availability, and water sports. Moreover, it is highly preferred among the younger generations for weekend parties, birthdays, and anniversaries.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of yacht charter. The growth and trends of yacht charter industry provide a holistic approach to this study.
This section of the yacht charter market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Yacht Type
By Yacht Length
- Sailing Yacht
- Motor Yacht
By Contract Type
- Up To 20 Ft
- 20 To 50 Ft
- Above 50 Ft
- Bareboat Charter
- Crewed Charter
This section covers the regional outlook, which accentuates current and future demand for the Yacht Charter market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Yacht Charter Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the yacht charter market include Beneteau S.A, Sunseeker International Ltd., The Moorings Limited, Camper & Nicholsons International Ltd., Sunsail Worldwide Sailing Ltd., Argo Nautical Limited, Kiriacoulis Mediterranean Cruises Shipping S.A., Boat International Media Ltd., Yachtico Inc., and Fraser Yachts Florida Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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