Boat Rental Market Set for Significant Growth, Projected to Reach USD 29.67 Billion by 2030
Summary: The global Boat Rental Market was valued at USD 19.57 billion in 2023 and is expected to grow to USD 29.67 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.12% during the forecast period from 2024 to 2030. This report provides a comprehensive analysis of market trends, technological advancements, and key players in the industry.
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A) Market Size: The Boat Rental Market is experiencing substantial growth, driven by rising consumer interest in recreational boating and a shift toward more sustainable leisure activities. The market's value is anticipated to expand from USD 19.57 billion in 2023 to USD 29.67 billion by 2030.
B) Scope and Research Methodology: This report offers an in-depth analysis of the Boat Rental Market, including primary and secondary research methodologies to ensure the accuracy of data regarding market size, growth rates, and industry dynamics. A bottom-up approach was used to estimate market sizes, while primary research involved interviews with industry experts and key players.
C) Report Coverage: The report covers comprehensive insights into the market, including analysis of major drivers, challenges, and opportunities for growth. It includes a regional analysis of the Boat Rental industry, focusing on North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
D) Overview: As the boat rental industry evolves, technological advancements in automation, digitalization, and sustainable practices are reshaping the landscape. Businesses are increasingly adopting new technologies to improve efficiency, reduce costs, and enhance product quality.
E) Dynamics: The market is influenced by several dynamics, including a growing preference for water-based recreational activities, increased disposable incomes, and a shift toward rental models over ownership. Additionally, the rise of eco-friendly boats is contributing to market expansion.
F) Segmentation: The Boat Rental Market can be segmented by:
- Propulsion Type:
- Fuel Powered
- Sail Boat
- Electric Boat
- Boat Size:
- Up to 20 Feet
- 21 To 35 Feet
- Above 36 To 50 Feet
- Boat Class:
- Luxury
- Sports
- Entry
- Activity:
- Sailing and Leisure
- Fishing
- Others
G) Key Players Include:
- GetMyBoat, Inc.
- Click&Boat
- Sailo
- SamBoat
- GlobeSailor
- Yachtico Inc.
- Boatjump SL
- BoatBureau
- Ocean Serenity
- Boatsetter
- Groupe Beneteau
- Zizoo
- BorrowABoat
- Incrediblue
- Boatbay
- West Coast Marine
- Odyssey Boats
- Le Boat
- THE MOORINGS
- Nautal
H) Key Offerings: The report provides insights into the past market size, competitive landscape, pricing trends, growth drivers, and opportunities for the Boat Rental Market. It also offers detailed analysis of regional market dynamics and competitive benchmarking.
I) Table of Contents:
- Executive Summary
- Market Size and Forecast
- Research Methodology
- Market Dynamics
- Market Segmentation
- Regional Insights
- Competitive Landscape
- Key Players
- Future Outlook
- Conclusion
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