“Global Catamaran Market to reach a market value of USD 2.3 Billion by 2030 growing at a CAGR of 5.3%”
The Global Catamaran Market size is expected to reach $2.3 billion by 2030, rising at a market growth of 5.3% CAGR during the forecast period.
Catamarans are also popular choices for family-friendly cruises during vacations. Their stable and spacious design provides a comfortable and safe family environment, attracting parents and children looking for memorable and enjoyable sailing experiences. Consequently, the other segment would generate approximately 18.43 % share of the market by 2030. This flexibility enhances the overall appeal of catamarans for travelers seeking diverse experiences.
Superyacht catamarans offer expansive and stable platforms, providing significantly more deck space than traditional monohull superyachts. This spacious design appeals to luxury-seeking clients who prioritize comfort, relaxation, and openness during their yachting experiences. Therefore, the market is expanding significantly due to the rising popularity of superyacht catamarans.
Additionally, Catamarans incorporate energy-efficient technologies, including LED lighting, high-efficiency HVAC, and energy-recovery systems. These technologies contribute to overall energy conservation, making catamarans more sustainable and cost-effective in the long run. Thus, because of the growing sustainable and eco-friendly solutions, the market is anticipated to increase significantly.
However, Supply chain disruptions can delay delivering essential components and materials required for catamaran manufacturing. This delay, in turn, can impact production schedules, leading to postponed deliveries of catamarans to customers. Thus, lack of supply chain disruptions can slow down the growth of the market.
On the basis of application, the market is divided into sports, leisure, transport, and others. In 2022, the leisure segment dominated the market with 38.6 % revenue share. The leisure segment is witnessing a growing demand for private catamaran ownership. Individuals and families choose catamarans for private use, seeking the freedom to explore coastal waters, islands, and cruising destinations at their pace. The rise in the leisure segment is evident through the increasing popularity of catamaran charter services.
By product type, the market is categorized into sailing catamaran and powered catamaran. In 2022, the sailing catamaran segment held the 63.45% revenue share in the market. The sailing catamaran segment is widely utilized for private charters, allowing individuals and groups to enjoy a personalized and luxurious sailing experience. The speed and agility of catamarans, especially those equipped with foiling technology, contribute to exciting and high-performance racing experiences.
Based on size, the market is classified into below 15m, 16m-30m, and above 30m. The 16m-30m segment acquired a 39.22 % revenue share in the market in 2022. Catamarans within the 16m-30m range often feature luxurious amenities and spacious accommodations. Medium-sized catamarans are designed for extended cruising capabilities, making them suitable for long-distance voyages and exploration. The increased size allows for more extensive fuel storage, larger water capacities, and enhanced onboard systems for extended time at sea.
Free Valuable Insights: Global Catamaran Market size to reach USD 2.3 Billion by 2030
Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the North America region acquired a 24.17 % revenue share in the market. North America boasts extensive coastlines, and catamarans are well-suited for coastal cruising. Boaters in North America often seek vessels that provide ample living space for extended stays on the water, making catamarans an attractive option for leisure and cruising enthusiasts.
| Report Attribute | Details |
|---|---|
| Market size value in 2022 | USD 1.5 Billion |
| Market size forecast in 2030 | USD 2.3 Billion |
| Base Year | 2022 |
| Historical Period | 2019 to 2021 |
| Forecast Period | 2023 to 2030 |
| Revenue Growth Rate | CAGR of 5.3% from 2023 to 2030 |
| Number of Pages | 221 |
| Number of Tables | 350 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
| Segments covered | Product Type, Size, Application, Region |
| Country scope |
|
| Companies Included | SA CATANA GROUP, Bavaria Yachtbau, Gemini Catamarans, Travelopia holdings limited., Grand Large Yachting Group, Azimut Benetti GroupSeawind Group Holdings, Pty Ltd, Fountain Pajot, Privilege Catamarans America (Privilege Marine SAS)Ferretti S.p.A. |
By Product Type
By Size
By Application
By Geography
This Market size is expected to reach $2.3 billion by 2030.
Rising Popularity Of Superyacht Catamarans are driving the Market in coming years, however, Lack Of Supply Chain Disruptions restraints the growth of the Market.
SA CATANA GROUP, Bavaria Yachtbau, Gemini Catamarans, Travelopia holdings limited., Grand Large Yachting Group, Azimut Benetti GroupSeawind Group Holdings, Pty Ltd, Fountain Pajot, Privilege Catamarans America (Privilege Marine SAS)Ferretti S.p.A.
The expected CAGR of this Market is 5.3% from 2023 to 2030.
The Below 15m segment is leading the Market by Size in 2022 there by, achieving a market value of $1.0 Billion by 2030.
The Europe region dominated the Market by Region in 2022 there by, achieving a market value of $1.1 Billion by 2030, growing at a CAGR of 4.8 % during the forecast period.
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 