The North America Leisure Boat Market would witness market growth of 4.6% CAGR during the forecast period (2023-2030).
One of the primary factors of the market’s expansion is the increased disposable income of people and the growing tourism industry in emerging nations. Additionally, it is predicted that the growth will be boosted by the increasing number of people who engage in recreational and competitive boating activities regionally.
Also, technological developments that will result in the deployment and widespread use of connected boats are anticipated to propel growth over the forecast period. The market comprises boat and engine manufacturers, independent dealers, service providers, and equipment suppliers. A leisure boat is a commercial marine craft primarily used for delight and tourism.
Popular recreational boats, including sailboats, runabouts, towboats, cabin cruisers, jet boats, and watercraft, can be bought. These boats can be either motorized or non-motorized. People frequently use them in boating, sailing, fishing, and campaigning. Boating has become one of the most popular leisure activities in many areas and nations since it allows individuals to enjoy themselves while keeping a social distance, increasing the number of people owning boats.
Canada's many lakes and rivers offer a wide range of fun-in-the-sun water sports activities. Among the many popular pursuits include boating, water skiing, jet skiing, etc. Numerous renowned rivers and lakes have facilities & services for water sports enthusiasts. Boat launches, piers, docks, moorage, and marinas are a few services & activities. In addition, Canada offers extra services, including sightseeing excursions, sailing guidance, and boat rentals. More than $15 million in non-federal matching funds will be contributed by the states and other contributors to support these initiatives. It is projected that the growing popularity of water sports and boats will drive the market in North America region.
The US market dominated the North America Leisure Boat Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $18,704.2 Million by 2030. The Canada market is experiencing a CAGR of 7% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6% during (2023 - 2030).
Based on Product, the market is segmented into Motorized (Yacht, Personal Watercraft, Outboard Boats, and Others), and Non-Motorized. Based on Type, the market is segmented into Used, and New. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Leisure Boat Market is Projected to reach USD 61.7 Billion by 2030, at a CAGR of 5.2%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Bombardier Recreational Products (BRP) Inc., Brunswick Corporation, Marine Products Corporation (Chaparral Boats, Inc.), Ferretti S.p.A., Avon Marina, Azimut Benetti Group, Fountain Powerboats Group (Iconic Marine Group), Bavaria Yachtbau, Farr Yacht Design Ltd. and Sunseeker International (Wanda Group).
Scope of the Study
Market Segments Covered in the Report:
By Product
- Motorized
- Yacht
- Personal Watercraft
- Outboard Boats
- Others
- Non-Motorized
By Type
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Bombardier Recreational Products (BRP) Inc.
- Brunswick Corporation
- Marine Products Corporation (Chaparral Boats, Inc.)
- Ferretti S.p.A.
- Avon Marina
- Azimut Benetti Group
- Fountain Powerboats Group (Iconic Marine Group)
- Bavaria Yachtbau
- Farr Yacht Design Ltd.
- Sunseeker International (Wanda Group)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Leisure Boat Market, by Product
1.4.2 North America Leisure Boat Market, by Type
1.4.3 North America Leisure Boat Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlight
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.1 Porter’s Five Force Analysis
Chapter 4. North America Leisure Boat Market by Product
4.1 North America Motorized Market by Country
4.2 North America Leisure Boat Market by Motorized Type
4.2.1 North America Yacht Market by Country
4.2.2 North America Personal Watercraft Market by Country
4.2.3 North America Outboard Boats Market by Country
4.2.4 North America Others Market by Country
4.3 North America Non-Motorized Market by Country
Chapter 5. North America Leisure Boat Market by Type
5.1 North America Used Market by Country
5.2 North America New Market by Country
Chapter 6. North America Leisure Boat Market by Country
6.1 US Leisure Boat Market
6.1.1 US Leisure Boat Market by Product
6.1.1.1 US Leisure Boat Market by Motorized Type
6.1.2 US Leisure Boat Market by Type
6.2 Canada Leisure Boat Market
6.2.1 Canada Leisure Boat Market by Product
6.2.1.1 Canada Leisure Boat Market by Motorized Type
6.2.2 Canada Leisure Boat Market by Type
6.3 Mexico Leisure Boat Market
6.3.1 Mexico Leisure Boat Market by Product
6.3.1.1 Mexico Leisure Boat Market by Motorized Type
6.3.2 Mexico Leisure Boat Market by Type
6.4 Rest of North America Leisure Boat Market
6.4.1 Rest of North America Leisure Boat Market by Product
6.4.1.1 Rest of North America Leisure Boat Market by Motorized Type
6.4.2 Rest of North America Leisure Boat Market by Type
Chapter 7. Company Profiles
7.1 Bombardier Recreational Products (BRP) Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Acquisition and Mergers:
7.1.5 SWOT Analysis
7.2 Brunswick Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.5.3 Acquisition and Mergers:
7.2.6 SWOT Analysis
7.3 Marine Products Corporation (Chaparral Boats, Inc.)
7.3.1 Company Overview,
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 Ferretti S.p.A.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 SWOT Analysis
7.5 Avon Marina
7.5.1 Company Overview
7.6 Azimut Benetti Group
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 Fountain Powerboats Group (Iconic Marine Group)
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Bavaria Yachtbau
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 Farr Yacht Design Ltd.
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. Sunseeker International (Wanda Group)
7.10.1 Company Overview
7.10.2 SWOT Analysis
TABLE 1 North America Leisure Boat Market, 2019 - 2022, USD Million
TABLE 2 North America Leisure Boat Market, 2023 - 2030, USD Million
TABLE 3 North America Leisure Boat Market by Product, 2019 - 2022, USD Million
TABLE 4 North America Leisure Boat Market by Product, 2023 - 2030, USD Million
TABLE 5 North America Motorized Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Motorized Market by Country, 2023 - 2030, USD Million
TABLE 7 North America Leisure Boat Market by Motorized Type, 2019 - 2022, USD Million
TABLE 8 North America Leisure Boat Market by Motorized Type, 2023 - 2030, USD Million
TABLE 9 North America Yacht Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Yacht Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Personal Watercraft Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Personal Watercraft Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Outboard Boats Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Outboard Boats Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Non-Motorized Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Non-Motorized Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Leisure Boat Market by Type, 2019 - 2022, USD Million
TABLE 20 North America Leisure Boat Market by Type, 2023 - 2030, USD Million
TABLE 21 North America Used Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Used Market by Country, 2023 - 2030, USD Million
TABLE 23 North America New Market by Country, 2019 - 2022, USD Million
TABLE 24 North America New Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Leisure Boat Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Leisure Boat Market by Country, 2023 - 2030, USD Million
TABLE 27 US Leisure Boat Market, 2019 - 2022, USD Million
TABLE 28 US Leisure Boat Market, 2023 - 2030, USD Million
TABLE 29 US Leisure Boat Market by Product, 2019 - 2022, USD Million
TABLE 30 US Leisure Boat Market by Product, 2023 - 2030, USD Million
TABLE 31 US Leisure Boat Market by Motorized Type, 2019 - 2022, USD Million
TABLE 32 US Leisure Boat Market by Motorized Type, 2023 - 2030, USD Million
TABLE 33 US Leisure Boat Market by Type, 2019 - 2022, USD Million
TABLE 34 US Leisure Boat Market by Type, 2023 - 2030, USD Million
TABLE 35 Canada Leisure Boat Market, 2019 - 2022, USD Million
TABLE 36 Canada Leisure Boat Market, 2023 - 2030, USD Million
TABLE 37 Canada Leisure Boat Market by Product, 2019 - 2022, USD Million
TABLE 38 Canada Leisure Boat Market by Product, 2023 - 2030, USD Million
TABLE 39 Canada Leisure Boat Market by Motorized Type, 2019 - 2022, USD Million
TABLE 40 Canada Leisure Boat Market by Motorized Type, 2023 - 2030, USD Million
TABLE 41 Canada Leisure Boat Market by Type, 2019 - 2022, USD Million
TABLE 42 Canada Leisure Boat Market by Type, 2023 - 2030, USD Million
TABLE 43 Mexico Leisure Boat Market, 2019 - 2022, USD Million
TABLE 44 Mexico Leisure Boat Market, 2023 - 2030, USD Million
TABLE 45 Mexico Leisure Boat Market by Product, 2019 - 2022, USD Million
TABLE 46 Mexico Leisure Boat Market by Product, 2023 - 2030, USD Million
TABLE 47 Mexico Leisure Boat Market by Motorized Type, 2019 - 2022, USD Million
TABLE 48 Mexico Leisure Boat Market by Motorized Type, 2023 - 2030, USD Million
TABLE 49 Mexico Leisure Boat Market by Type, 2019 - 2022, USD Million
TABLE 50 Mexico Leisure Boat Market by Type, 2023 - 2030, USD Million
TABLE 51 Rest of North America Leisure Boat Market, 2019 - 2022, USD Million
TABLE 52 Rest of North America Leisure Boat Market, 2023 - 2030, USD Million
TABLE 53 Rest of North America Leisure Boat Market by Product, 2019 - 2022, USD Million
TABLE 54 Rest of North America Leisure Boat Market by Product, 2023 - 2030, USD Million
TABLE 55 Rest of North America Leisure Boat Market by Motorized Type, 2019 - 2022, USD Million
TABLE 56 Rest of North America Leisure Boat Market by Motorized Type, 2023 - 2030, USD Million
TABLE 57 Rest of North America Leisure Boat Market by Type, 2019 - 2022, USD Million
TABLE 58 Rest of North America Leisure Boat Market by Type, 2023 - 2030, USD Million
TABLE 59 Key Information – Bombardier recreational products (brp) inc.
TABLE 60 Key Information – brunswick corporation
TABLE 61 Key Information – marine products corporation
TABLE 62 Key Information – Ferretti S.p.A.
TABLE 63 Key Information – avon marina
TABLE 64 Key Information – Azimut benetti group
TABLE 65 Key Information – Fountain Powerboats Group
TABLE 66 Key Information – Bavaria yachtbau
TABLE 67 Key Information – Farr Yacht Design Ltd.
TABLE 68 Key Information – Sunseeker international
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Leisure Boat Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Leisure Boat Market
FIG 4 Porter’s Five Force Analysis: Leisure Boat Market
FIG 5 North America Leisure Boat Market share by Product, 2022
FIG 6 North America Leisure Boat Market share by Product, 2030
FIG 7 North America Leisure Boat Market by Product, 2019 - 2030, USD Million
FIG 8 North America Leisure Boat Market share by Type, 2022
FIG 9 North America Leisure Boat Market share by Type, 2030
FIG 10 North America Leisure Boat Market by Type, 2019 - 2030, USD Million
FIG 11 North America Leisure Boat Market share by Country, 2022
FIG 12 North America Leisure Boat Market share by Country, 2030
FIG 13 North America Leisure Boat Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT ANALYSIS: Bombardier recreational products (brp) inc.
FIG 15 Recent strategies and developments: Brunswick Corporation
FIG 16 SWOT ANALYSIS: brunswick corporation
FIG 17 SWOT ANALYSIS: marine products corporation
FIG 18 SWOT ANALYSIS: FERRETTI S.P.A.
FIG 19 SWOT ANALYSIS: Azimut benetti group
FIG 20 SWOT ANALYSIS: FOUNTAIN POWERBOATS GROUP
FIG 21 SWOT ANALYSIS: Bavaria yachtbau
FIG 22 SWOT ANALYSIS: Farr Yacht Design Ltd.
FIG 23 SWOT ANALYSIS: Sunseeker international