yacht charter revenue

• Transportation & Logistics
• Yacht Charter Market

"Market Intelligence for High-Geared Performance"

Yacht Charter Market Size, Share & Industry Analysis, By Yacht Type (Motor Yacht, Sailing Yacht, and Others), By Yacht Size (Up to 40m, 40 to 60 m, and Above 60m), By End-use (Leisure, Business, and Others), By Contract Type (Bareboat and Crewed), and Regional Forecast, 2024-2032

Last Updated: September 16, 2024 | Format: PDF | Report ID: FBI105123

• Segmentation
• Methodology
• Infographics
• Request Sample PDF

KEY MARKET INSIGHTS

The global yacht charter market size was valued at USD 7.74 billion in 2023. The market is projected to grow from USD 8.33 billion in 2024 to USD 15.53 billion by 2032, exhibiting a CAGR of 8.1% during the forecast period.

A yacht charter service, which offers boat rentals for recreational and leisure pursuits, provides individuals with the opportunity to hire watercraft. Individuals or companies can privately own yachts, or they can be made available for rental. Yachts equipped with professional crews boast lavish amenities, making them suitable for both corporate and leisure use. These vessels provide a seamless luxury experience, adhering to the highest standards of comfort. Yachts are commonly used in activities such as sailing and fishing, particularly in European countries, offering a range of benefits from thrilling adventures to complete relaxation.

In response to the increasing demand for marine tourism and water sports activities, original equipment manufacturers (OEM) consistently engage in innovation, developing yachts with high-speed capabilities and luxurious features. Yacht rental companies facilitate convenient access to charter vessels through online platforms and mobile applications, contributing to the expected market growth in the years to come.

The imposition of travel restrictions and lockdowns during the COVID-19 pandemic in many regions had a direct impact on the yacht charter industry. Movement limitations and closed borders led to a decrease in international travel, affecting the demand for the product, especially in destinations that heavily rely on tourists.

Yacht Charter Market Trends

Growing Trends of Digital Platforms and Mobile Apps for Yacht Charter Booking to Drive the Market Growth

Yacht charter companies have been increasingly leveraging digital platforms and mobile applications to streamline booking processes. These platforms offer convenient and transparent ways for clients to browse available yachts, compare prices, and make reservations. Digital platforms and booking apps prioritize user-friendly interfaces to ensure a seamless and convenient experience for clients. Intuitive navigation, high-quality visuals, and detailed information about each yacht contribute to an engaging and informative booking process.

Moreover, tourists can browse and book yacht charters at their convenience through these digital platforms. The ability to view real-time availability, compare options, and complete reservations online streamlines the booking process, eliminating the need for extensive offline communication.

Request a Free sample to learn more about this report.

Yacht Charter Market Growth Factors

Growing Popularity of Luxury and Marine Tourism to Fuel the Market Growth

The increasing global affluence, particularly among high-net-worth individuals, has boosted demand for luxury experiences, including the product. These products are considered a premium and exclusive form of travel, attracting those seeking high-end and personalized leisure experiences. There is a broader trend toward experiential travel, where individuals seek unique and memorable experiences. The product aligns with this trend by offering the opportunity to explore picturesque destinations, indulge in personalized services, and enjoy a customized journey on the open seas.

These products are increasingly popular for exploring specific destinations, coastal regions, and island-hopping experiences. The flexibility to visit multiple locations in a single trip and the allure of secluded or less-travelled destinations contribute to the expansion of the yacht charter market. Furthermore, technological advancements, including innovations in yacht design, propulsion systems, and onboard amenities, attract charter clients looking for the latest in luxury and comfort. The incorporation of eco-friendly technologies, such as hybrid or electric propulsion, also appeals to environmentally conscious travellers.

RESTRAINING FACTORS

High Costs of the Product May Hinder the Market Growth

The yacht is available for rent at a base or weekly rate. Various factors, including the yacht type, crew requirements, charter destination, local taxes, and fundamental expenses influence the overall cost of a product. Consequently, a broad spectrum of basic rates for charters exists. Notably, charter rates span from USD 10,000 weekly for catamarans and smaller sailing yachts to as high as USD 150,000 weekly for the most opulent motor superyachts.

It is essential to consider additional expenses, which are not compulsory but typically account for around 15-30% of the base fare. These hidden costs encompass taxes, value-added tax (VAT), insurance, crew gratuities, and prepayments for meals collected before the commencement of the charter.

As an illustration, the Bahamas has introduced a new 10% VAT rate for all foreign-flagged charter yachts, applicable to contracts signed after July 1, 2022. Coupled with the existing 4% charter fee, this new addition brings the total additional cost to 14%. This amount functions akin to an expense account accessible to the captain during the charter. Such costs pose a hurdle for customers from developing countries, thereby placing constraints on the growth of the yacht charter market.

Yacht Charter Market Segmentation Analysis

By contract type analysis.

Bareboat Segment Held a Major Market Share Due to High-Level of Autonomy

Based on contract type, the market is segmented into bareboat and crewed. The bareboat segment held the largest share in 2023 due to the high level of autonomy offered by the bareboat to sailors, individuals or groups compared to crewed boats . Many enthusiasts prefer the hands-on experience of sailing, handling the yacht's operations, and navigating the waters themselves by using the bareboat. This demographic values the opportunity to showcase their sailing skills and enjoy a more intimate connection with the sea. Compared to crewed charters, bareboat charters are often more cost-effective. By eliminating the expense of a professional crew, charterers can allocate their budget more toward the yacht itself and other aspects of the trip. This affordability makes bareboat charters an attractive option for those looking to maximize their sailing experience within a specific budget.

The crewed segment is experiencing significant growth due to growing demand for the luxurious experience. Crewed charters provide a high level of personalized service. The crew is trained to cater to the specific preferences and requirements of the charterers, creating a customized and memorable experience. From gourmet meals to personalized itineraries, the crew is dedicated to meeting the guests' expectations.

By Yacht Size Analysis

Up to 40m Segment Captures the Largest Share Due to the Flexibility & Affordability of Small Products

Based on yacht size, the market is classified into up to 40m, 40 to 60m, and above 60m.

The up to 40m segment accounts for the leading global market share due to its ease of manoeuvrability. Smaller yachts are generally more manoeuvrable, allowing them to access narrower waterways, shallow anchorages, and secluded bays that might be challenging for larger vessels. This flexibility enhances the variety of destinations and experiences available to charterers. Yachts in the up to 40-meter size range are often more cost-effective than larger vessels in terms of charter fees, operational costs, and maintenance. This makes them attractive to a broader audience, including those looking for a premium experience within a specific budget.

The 40 to 60 m segment is expected to grow at a significant rate during the forecast period. The size of these yachts allows for the comfortable accommodation of larger groups, making them suitable for family vacations, group celebrations, or corporate events. Clients can enjoy the exclusivity of a private yacht charter while sharing the experience with a significant number of guests.

To know how our report can help streamline your business, Speak to Analyst

By Yacht Type Analysis

Motor Yacht Segment Dominates the Market Owing to Speed and Efficiency

Based on yacht type, the market is segmented into motor yacht, sailing yacht, and others.

The motor yacht segment holds the largest share globally and is expected to retain its leading position in the market during the forecast period. Motor yachts are known for their speed and efficiency in covering long distances in shorter timeframes compared to sailing yachts. This appeals to charter clients who prioritize reaching multiple destinations quickly and maximizing their time for exploration and relaxation. Furthermore, the increasing number of sporting activities, boating events, and tournaments create a high demand for motor yachts.

The sailing yacht segment is expected to show steady growth in the market during the forecast period owing to the growing demand for environment-friendly yachts among people. Sailing yachts are often considered more environmentally friendly compared to motor yachts, as they harness the power of the wind for propulsion. Charter clients with a focus on sustainable and eco-friendly travel are drawn to sailing charters as a greener alternative, aligning with their values and contributing to the appeal of a low-impact vacation.

By End-use Analysis

Leisure Segment Accounted for the Largest Market Share Due to the Rising Number of High Net worth Individuals

By end-use, the market segmented into leisure, business, and others.

The leisure segment held the major global market share in 2023 due to an increase in individuals' disposable income. There is an increasing inclination toward the luxury yacht rental industry, especially from high-net-worth individuals (HNWI) and ultra-high-net-worth individuals (UHNWI) worldwide. Leisure yacht charting offers highly personalized experiences, allowing clients to tailor their itineraries, choose onboard activities, and enjoy customized services. This level of personalization caters to individuals and groups with specific preferences and desires.

The business sector is witnessing a surge in popularity within the market, primarily because the yacht business operates on a straightforward concept, resembling other profit-oriented enterprises. Individuals belonging to higher income brackets or those with substantial tax liabilities are increasingly investing in yachts and actively managing them for profit, either through third-party management services or by direct involvement. Notably, in the U.S., buyers falling into the high-income tax brackets often opt for this ownership model.

REGIONAL INSIGHTS

Europe Dominated the Market Due to Well-Established Tourism Industry in the Region

Geographically, the market is segmented into the Asia Pacific, Europe, North America, and the rest of the world.

Europe Yacht Charter Market Size, 2023 (USD Billion)

To get more information on the regional analysis of this market, Request a Free sample

Europe held the largest yacht charter market share in 2023. The region offers a diverse range of coastal landscapes and picturesque destinations, making it highly attractive for yacht charterers. From the Mediterranean with its stunning islands to the rugged coastlines of the Adriatic and the historic charm of the French Riviera, Europe provides a rich variety of cruising grounds. It also has a well-established yachting infrastructure with numerous marinas, ports, and facilities catering to the needs of charters. The presence of a comprehensive network of services, including refuelling, maintenance, and support, contributes to the convenience and accessibility of yacht rentals in the region.

North America secures the second-most significant position in the market, benefitting from its diverse coastlines that offer exceptional cruise destinations. The U.S. takes the lead within this regional market, primarily due to the presence of major charter hubs in the country.

The Asia Pacific market is poised to exhibit the highest growth rate in the foreseeable future. This growth is attributed to rapid urbanization, elevating living standards, and increasing disposable income, influencing the evolution of individual preferences. The surge in popularity of recreational pursuits, including fishing and water sports in countries such as Thailand, Malaysia, Singapore, China, Japan, and Australia, coupled with the expanding maritime tourism sector, presents lucrative opportunities for companies. Furthermore, proactive government initiatives aimed at fostering maritime tourism, particularly in nations such as China and India, are anticipated to propel the market growth in the region.

List of Key Companies in Yacht Charter Market

Significant Product Offerings by Dream Yacht Charter to Enhance its Position

Established in 2000 by Loic Bonnet, Dream Yacht Charter stands as a global leader in yacht expertise, specializing in charter management, brokerage, and private yacht ownership. Headquartered in Maryland, U.S., the company is recognized for its pioneering role in providing seamless charters, expert guidance, and tailored solutions. Renowned for introducing new sailing destinations, Dream Yacht Charter offers a diverse array of charter options, including Captain, Bareboat, Sabbatical, Crewed, and Cabined. With a fleet of over 1,000 yachts situated in approximately 60 locations worldwide, the company holds ownership of vessels from some of the world's largest yacht builders, such as Dufour, Aquila, and Fontaine Pajot. In 2019, Dream Yacht Charter initiated the MoreWomenAtSea campaign, aiming to encourage increased female participation in sailing and nautical education. Building on its commitment to diverse experiences, the company entered a partnership with river cruise specialist Les Canalous in February 2020, facilitating the expansion of boat holidays on canals throughout Europe.

LIST OF KEY COMPANIES PROFILED:

• Worldwide Boat LLC (U.S.)
• Dream Yacht Group (U.S.)
• Northrop & Johnson (France)
• Sailo Inc. (Monaco)
• Camper & Nicholsons (Japan)
• Ocean Independence (Switzerland)
• Burgess Yachts (U.K.)
• The Moorings Limited (U.S.)
• Boatbookings (U.K.)
• Ritzy Charters LLC (U.S.)

KEY INDUSTRY DEVELOPMENTS:

• July 2023: Northrop & Johnson added MAORIA Numarine Yacht to its fleet. The 85’4” (25.6m) yacht has been made available to cruise through France, including Corsica and Sardinia. The cost of charters starts from USD 59,390 per week, plus expenses.
• July 2023 : Camper & Nicholsons International Ltd added Eratosthenes to its charter CA fleet from Nautor’s Swan. The sailing yacht is 34.3m and accommodates six guests in three cabins, along with two Pullman berths especially suited to children. The yacht is available for charter in the Greek islands.
• April 2023: Ocean Independence added the 27m motor yacht A4 to its charter fleet. It can accommodate ten guests in 4 staterooms. In addition, three crew members run the yacht.
• January 2023: Burgess Yachts announced the addition of six new stunning yachts to its fleet. This new addition includes the luxury of M'BRACE to chic free spirit ENTERPRISE, elegant lady LIND to high octane ROX STAR. All these yacht helped the company to attrach more  tourists during the summer.
• January 2023: Dream Yacht Worldwide and Fountaine Pajot, builders of leading-edge luxury catamarans, announced their partnership to launch their fleet’s first collection of electric catamarans. The Aura 51 Smart Electric will be the first electric model introduced to the Dream Yacht Worldwide fleet and made available for chartering in Italy from April 2023 .

REPORT COVERAGE

The research report provides a detailed market analysis and focuses on key aspects such as leading companies, product types, and leading product applications. Besides this, it offers insights into the market trends and highlights key industry developments. In addition to the factors above, the report encompasses several factors that have contributed to the market's growth in recent years.

An Infographic Representation of Yacht Charter Market

To get information on various segments, share your queries with us

Report Scope & Segmentation

Frequently Asked Questions

Fortune Business Insights research report says that the market was valued at USD 7.74 billion in 2023 and is projected to reach USD 15.53 billion by 2032.

The market is expected to register a growth rate of (CAGR) 8.1% during the forecast period.

The growing popularity of recreational yachting and marine tourism activities is driving the market growth.

Europe led the market in 2023.

By yacht type, the motor yacht segment is leading the market.

Worldwide Boat LLC, Dream Yacht Group and Northrop & Johnson are the leading players operating in the market.

Craotia is dominating the yacht charter industry.

• STUDY PERIOD: 2019-2032
• BASE YEAR: 2023
• HISTORICAL DATA: 2019-2022
• NO OF PAGES: 200

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

“Thanks a million. The report looks great!”

“Thanks for the excellent report and the insights regarding the lactose market.”

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

“I just finished my first pass-through of the report. Great work! Thank you!”

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

US +1 833 909 2966 ( Toll Free )

UK +44 808 502 0280 ( Toll Free )

+91 744 740 1245 (APAC)

[email protected]

• Request Sample

The global yacht charter market size is projected to grow from $8.33 billion in 2024 to $15.53 billion by 2032, at a CAGR of 8.1% during the forecast period

Read More at:-

Yacht Charter Market

An Analysis of the Yacht Charter Market by Sloop, Schooner, Catamaran and Ketch

Sailing into Uncharted Waters- Exploring the Lucrative Horizons of the Yacht Charter Market

• Report Preview
• Request Methodology

Yacht Charter Market Outlook (2023 to 2033)

The yacht charter market is estimated to be valued at US$ 19 billion in 2023 and is expected to reach a valuation of US$ 31 billion by 2033. The adoption of yacht charter likely to advance at a CAGR of 5% during the forecast period. Yacht charters accounted for 30-35% share of the global boat market in 2020. Increased interest and spending on recreational activities such as sailing and growing marine tourism is driving yacht charter demand.

Future Market Insights predict a comparison and review analysis of the dynamics of the yacht charter market, which is principally subjected to an array of industry factors along with a few definite influences concerning viewpoints that support industry innovation. Some new advances that have taken place in the market include companies that furnish yachts and give the best itinerary based on clients' needs, complete with crew and captain, as well as online or on-call support for the duration of the charter.

Key reasons for this change in growth rate are attributed to the steady uptake of the market during the first half of the forecast period, owed to the rising customer income and increased interest in maritime tourism, rising disposable income, and quickly evolving preferences for recreational and leisure activities.

In 2022 Northrop & Johnson and NetJets, a private aviation company announced cooperation in February 2022. By offering elevated travel experiences in the sky, on the sea, and everywhere in between, their alliance will give clients a luxurious, pleasant, and memorable travel experience.

Don't pay for what you don't need

Customize your report by selecting specific countries or regions and save 30%!

2018 to 2022 Global Yacht Charter Market Outlook Compared To 2023 to 2033 Forecast

The yacht charter market expanded at a CAGR of 4.5% from 2018 to 2022 and amassed revenue worth US$ 17.57 billion in 2022. The yacht charter sector is expanding rapidly. The process of renting or sailboat charter, motorboat charter, boat charter, or ship charter and traveling to various coastal or island areas is known as yacht chartering.

Yacht charters are commonly utilized for recreational, commercial, and holiday purposes. Without owning a yacht, a yacht charter is a handy and easy way to spend a long yacht vacation with friends and family. Yacht charter companies furnish yachts and give the best itinerary based on clients' needs, complete with crew and captain, as well as online or on-call support for the duration of the charter.

Growing popularity of luxury marine tourism and personalized services among passengers is positively impacting the expansion of the yacht charter market. Furthermore, growing tourism industry, rising disposable income, and quickly evolving preferences for recreational and leisure activities will all contribute to the expansion of the yacht charter market over the coming years. Yacht charter demand is expected to increase at a healthy CAGR of 5% from 2023 to 2033. This projected growth rate in yacht charter demand is estimated to net a market valuation of US$ 31 billion by 2033.

Setting Sail to Profit: Yacht Charter Revenue Surges as Maritime Tourism Captures the Imagination of Adventure-Seeking Customers

Rising customer income and increased interest in maritime tourism are likely to fuel the yacht charter business. Recreational boating has become increasingly popular in recent years, opening the path for the growth of yacht charter enterprises.

The marine recreation and entertainment business makes a lot of money from water sports. Sailing, windsurfing, boating, water scooter rides, parasailing, and jet skiing are just a few of the sports accessible along coasts, and they are becoming increasingly popular. The bulk of seaside tourist resorts and hotels now offer such services.

A growing number of holidaymakers are looking for fun activities with their families and friends. As a result, the yacht charter sector is likely to benefit from corporate programs, government programs, and initiatives aimed at promoting maritime tourism.

Sailing into Success: How Boat Shows Transform into Dynamic Hubs for Securing Unforgettable Yacht Bookings

Dealers and businesses have a one-of-a-kind opportunity to gain substantial sales and enhance their brand's market reach during boat shows. As a result, yacht manufacturers are investing a lot of work into showcasing their new yachts at major boat events around the world to boost their visibility among potential buyers and in the industry.

As a result, the yachting industry is growing. There are several advantages to yacht charter bookings at a boat show rather than online. At events, special bargains are frequently available that are not available at other times. To complete a sale, companies are now more inclined to haggle over costs or give reductions. As a result, these factors contribute to the expansion of the yachting industry.

Sailing in Rough Waters: The Impact of High Yacht Charter Costs on the Growth of the Market

The cost of chartering a yacht is determined by several factors, including the charter destination, yacht type, local and cross-border taxes, and basic fees. As a result, rental rates for these charters vary greatly. Aside from that, private yacht rental can cost anywhere from US$ 10,000 per week and sailing yacht cruises to over US$ 200,000 per week for the most luxury charter.

There are also some hidden charges and non-mandatory expenses, such as tax and other charges, allowances, insurance, and crew gratuity, which can range from 15% to 30% of the base price. These expenses represent an impediment for many clients in developing economies, limiting market expansion even further.

Country-wise Insights

Setting sail to success: unraveling the market growth and potential of yacht charters in the united states.

In terms of yacht charters, the United States is the most dominant nation in North America. Customers in the United States prefer to travel in large groups to charter destinations. This is to take advantage of group discounts provided by various yacht charter firms, as well as to cut individual expenditure by pooling expenses.

Consumers in the United States are more interested in yachts that provide comfort rather than performance. Furthermore, because majority of consumers in the country are tech-savvy, yacht charter firms place a premium on supplying clients with yachts that are outfitted with the latest technology, which draws additional customers.

Sailing into Paradise: Thailand's Captivating Beach Destinations Fueling Private Yacht Charter Bookings

In recent years, Thailand has become one of the world's most popular destinations for a yacht charter vacation, and with good reason as visitors from all over the world are eager to see the country's gorgeous vistas. This directly increases private yacht booking services.

Thailand has constantly seen significant demand for leisure activities among visitors, from the magnificent limestone rock formations of Phang Nga Bay and Krabi to the lovely white sand beaches and crystal clear seas of the Phi-Phi Islands for some breathtaking scuba diving.

Tourists from all over the world are drawn to such wonderful destinations, which encourage them to spend their vacations with their families and friends. This is likely to increase demand for yacht charters in Thailand.

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Category-wise Insights

Sailing towards success: unveiling the transformative role of the retail segment in fueling yacht charter demand.

Due to growing tourism, the retail segment is projected to hold a significant proportion of the global market in terms of volume and value. Growing popularity of luxury cruising, particularly among high-net-worth people and ultra-high net worth individuals around the world, is driving the yacht charter sector.

New tourist locations that provide luxury cruises and breathtaking landscapes have enticed wealthy and ultra-wealthy people from all over the world to visit them. Furthermore, by expanding premium amenities such as infrastructure, Internet facilities, and bars and restaurants, companies are focusing more on delivering enhanced and expanded luxury cruises for their customers, which is predicted to grow the yacht charter industry in the retail segment.

Setting Sail with Excellence: Navigating the Dynamic Waters of the Yacht Charter Market's Competitive Landscape

The competitive landscape of the yacht charter market is characterized by a dynamic and diverse environment. Key players in the industry strive to differentiate themselves through superior service, an extensive fleet of well-maintained yachts, global presence, and personalized experiences. Innovation plays a crucial role as companies invest in state-of-the-art technology, eco-friendly practices, and unique onboard amenities to attract discerning clients.

Partnerships with luxury brands, travel agencies, and concierge services further enhance the competitive edge. A strong online presence, effective marketing strategies, and a focus on customer satisfaction are essential for success in this highly competitive market. With continuous advancements and evolving consumer preferences, the competitive landscape of the yacht charter market remains vibrant, driving innovation and raising the standards for unparalleled luxury experiences.

Get the data you need at a Fraction of the cost

Personalize your report by choosing insights you need and save 40%!

Key Players in the Market

• Northrop & Johnson
• Yachtico Inc.
• Sailogy S.A.
• Ionian Catamarans
• Royal Yacht International
• Princess Yacht Charter
• Barrington Hall Yacht Charters
• Zizooboats GmbH

How can Yacht Charter Service Providers expand in the Market?

Strategies for Yacht Charter Manufacturers to Expand in the Market

• Offer a wide range of yacht options, including different sizes, styles, and amenities, to cater to various client preferences.
• Incorporate environmentally friendly technologies and practices in yacht manufacturing to attract eco-conscious clients and align with industry trends.
• Collaborate with luxury brands, travel agencies, and charter brokers to expand reach and gain access to new customer segments.
• Focus on personalized services, onboard amenities, and exceptional hospitality to provide memorable experiences that encourage repeat business and positive word-of-mouth.
• Invest in a robust online presence, utilize social media platforms, and partner with reputable online booking platforms to reach a wider audience and simplify the booking process for potential clients.

Product Portfolio

• Barrington Hall Yacht Charters offers a comprehensive product portfolio in the yacht charter market. Their offerings include a diverse range of luxury yachts for charter, tailored itineraries, personalized concierge services, and professional crew to ensure an exceptional and memorable yacht charter experience.
• Zizooboats GmbH provides a versatile product portfolio in the boating industry. Their offerings include a wide selection of boats for sale and charter, ranging from motorboats to sailing yachts. With a focus on quality, innovation, and customer satisfaction, Zizooboats GmbH caters to diverse boating enthusiasts, providing them with unparalleled experiences on the water.

Report Scope

Market Segmentation

By sailing yachts:, by motor yachts:.

• Displacement Type
• Semi-displacement
• Small (up to 30m) Yachts
• Medium (30m-50m) Yachts
• Large (over 50m) Yachts

By Consumer:

• Corporate Yacht Charters
• Family/Group
• North America
• Latin America
• Western Europe
• Eastern Europe
• South Asia and Pacific
• Middle East & Africa

Frequently Asked Questions

How big is the yacht charter market.

The net worth of the market is expected to be US$ 19 billion by 2023.

Is the Yacht Charter Market Growing?

The yacht charter market is expanding at a CAGR of 5% through 2033.

Which Trend is Emerging in the Yacht Charter Industry?

The surfacing trend of “workation” charters in the yacht charter industry unites luxury travel with remote work.

Which Opportunities are Emerging in the Yacht Charter Industry?

The emergence of themed charters like wellness retreats and culinary experiences are cropping up new opportunities in the market.

Which is the Top Consumer of Yacht Charter?

The retail segment is the top consumer of yacht charters.

Table of Content

Recommendations.

Consumer Product

Car Rental Service Market

Boat rental market.

REP-GB-17418

Short-Term Rental Platform Market

November 2022

REP-GB-15826

Services and Utilities

Home Care Services Market

Explore Services and Utilities Insights

- Get Free Brochure -

Your personal details are safe with us. Privacy Policy*

- Get a Free Sample -

- Request Methodology -

- Customize Now -

I need Country Specific Scope ( -30% )

- Talk To Analyst -

I am searching for Specific Info.

- Download Report Brochure -

You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.

• Today's news
• Reviews and deals
• Climate change
• 2024 election
• Newsletters
• Fall allergies
• Health news
• Mental health
• Sexual health
• Family health
• So mini ways
• Unapologetically
• Buying guides

Entertainment

• How to Watch
• My Portfolio
• Latest News
• Stock Market
• The Morning Brief
• Biden Economy
• Stocks: Most Actives
• Stocks: Gainers
• Stocks: Losers
• Trending Tickers
• World Indices
• US Treasury Bonds Rates
• Top Mutual Funds
• Options: Highest Open Interest
• Options: Highest Implied Volatility
• Basic Materials
• Communication Services
• Consumer Cyclical
• Consumer Defensive
• Financial Services
• Industrials
• Real Estate
• Stock Comparison
• Advanced Chart
• Currency Converter
• Credit Cards
• Balance Transfer Cards
• Cash-back Cards
• Rewards Cards
• Travel Cards
• Credit Card Offers
• Best Free Checking
• Student Loans
• Personal Loans
• Car insurance
• Mortgage Refinancing
• Mortgage Calculator
• Editor's Picks
• Investing Insights
• Trending Stocks
• Morning Brief
• Opening Bid
• Fantasy football
• Pro Pick 'Em
• College Pick 'Em
• Fantasy baseball
• Fantasy hockey
• Fantasy basketball
• Download the app
• Daily fantasy
• Scores and schedules
• GameChannel
• World Baseball Classic
• Premier League
• CONCACAF League
• Champions League
• Motorsports
• Horse racing

New on Yahoo

• Privacy Dashboard

Yahoo Finance

Yacht charter market to generate $ 20202.5 million, globally, by 2032 at 6.9% cagr: allied market research.

The global yacht charters market has witnessed growth due to rise in water sports and recreation activities along with surge in number of private islands on cruise itineraries.

PORTLAND, Ore. , Jan. 8, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, " Yacht Charter Market by Type (Motorized yacht, Sailing Yacht and Others), Size {(Small (up to 30m ), Medium ( 30m - 50m ), large (over 50m )}, and Application (Vacation/Leisure, Sailing and Others): Global Opportunity Analysis and Industry Forecast, 2023–2032". According to the report, the global yacht charter market size was valued at $ 11405.2 million in 2022 and is projected to reach $ 20202.5 million by 2032, registering a CAGR of 6.9% from 2023 to 2032.

(We are providing yacht charter industry report as per your research requirement, including the Latest Industry Insight's Evolution, Potential and Russia-Ukraine War Impact Analysis)

116 - Tables

45 - Charts

255 - Pages

Download Sample Pages  - https://www.alliedmarketresearch.com/request-sample/2888

Prime determinants of growth

Market expansion is being propelled by various factors such as growth of water sports and recreation activities and increase in number of private islands on cruise itineraries. However, the high cost associated with yacht charter and the weather and safety concerns hamper the growth of the market. Moreover, increased involvement of intermediaries & hybrid business models and a change in yacht infrastructure are expected to provide opportunities for market growth during the forecast period.

Report Coverage and Details:

The Small (Upto 30m ) segment to maintain its leadership status throughout the forecast period

By size, the small (upto 30m ) segment held the highest market share in 2022, accounting for more than two-fifth of the global yacht charter revenue and is estimated to maintain its leadership status throughout the forecast period. This segment is projected to manifest the highest CAGR of 7.3% from 2023 to 2032, owing to the water sports enthusiasm.

Interested to Procure the Research Report? Inquire Before Buying  - https://www.alliedmarketresearch.com/purchase-enquiry/2888

The motor yacht segment to maintain its leadership status throughout the forecast period

By type, the motor yacht segment held the highest market share in 2022, accounting for more than three fourth of the global yacht charter market.

The Vacation/ Leisure segment to maintain its lead position during the forecast period

By application, the Vacation/ Leisure segment accounted for the largest share in 2022, contributing to nearly half of the global Yacht charters Market revenue, and is estimated to maintain its leadership status throughout the forecast period.

Europe to maintain its dominance by 2032

By region, Europe held the highest market share in terms of revenue in 2022, accounting for more than two-fifths of the global Yacht charters Market revenue. However, the Asia-Pacific is expected to witness the fastest CAGR of 7.9% from 2023 to 2032.

Key Developments in the Yacht Charter Industry:

In October 2023 , IYC, the yacht brokerage firm, initiated a new venture into the Middle East by establishing its inaugural branch in Dubai . This expansion is a result of a collaboration with Vision Investments Limited, a subsidiary of Al Ameeri Group Holding, marking IYC's fifteenth global location.

In September 2022 , the watercraft rental platform Boatsetter secured a funding of $70 million , aiming to transform into the "Airbnb of boats" with a goal to feature 50,000 listings in 700 global locations. This funding demonstrates Boatsetter's commitment to expanding its presence and offerings in the yacht charter market.

Key Highlights of the Report:

The report presents a comprehensive analysis of the truck yacht charter market, offering detailed insights into market dynamics, trends, and key players.

The yacht charter market share has been thoroughly examined from 2022 to 2032, providing a comprehensive understanding of the industry's growth trajectory.

The research study includes the latest developments in the yacht charter market, keeping stakeholders informed about emerging trends and innovations.

Top companies operating in the industry have been profiled in the research study, offering a detailed overview of their strategies, market presence, and contributions to the yacht charter sector.

The research study encompasses various segments and regions, providing a holistic view of the market landscape and helping stakeholders make informed decisions.

Procure Complete Research Report (PDF with Qualitative and Quotative Data, Insights, Statistics, Tables, Charts, Figures)  - https://www.alliedmarketresearch.com/yacht-charter-market/purchase-options

Leading Market Players: -

Volkswagen Group

Ford Motor Company

Renault S.A

General Motors

Mercedes-Benz AG (Daimler AG)

Toyota Motor Corporation

Tesla, Inc.

Hyundai Motor Group

The report provides a detailed analysis of these key players in the global yacht charters market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Similar Reports We Have on Yacht Industry :

U.S. 60-80 Feet Motorized Yacht Charter Market  Research Report 2023-2032

Superyacht Market Research Report 2023-2032

Hydrogen-Powered Yacht Market Research Report 2023-2032

Cruise Ship Market Research Report 2023-2032

Electric Boat Market Research Report 2023-2032

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon . Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of " Market Research Reports " and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa 1209 Orange Street, Corporation Trust Center, Wilmington , New Castle , Delaware 19801 USA. USA / Canada (Toll Free): +1-800-792-5285 UK: +44-845-528-1300 Hong Kong : +852-301-84916 India ( Pune ): +91-20-66346060 Fax: +1-800-792-5285 [email protected] Web: www.alliedmarketresearch.com Allied Market Research Blog: https://blog.alliedmarketresearch.com

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg

View original content: https://www.prnewswire.com/news-releases/yacht-charter-market-to-generate--20202-5-million-globally-by-2032-at-6-9-cagr-allied-market-research-302028460.html

SOURCE Allied Market Research

• Report Store
• AMR in News
• Press Releases
• Request for Consulting
• Our Clients

Yacht Charter Market Size, Share, Competitive Landscape and Trend Analysis Report, by SIZE, by TYPE, by APPLICATION : Global Opportunity Analysis and Industry Forecast, 2024-2032

AT : Automotive Aftermarket

Report Code: A02553

Tables: 116

Get Sample to Email

Thank You For Your Response !

Our Executive will get back to you soon

The global yacht charter market size was valued at $11.4 billion in 2022, and is projected to reach $20.2 billion by 2032, growing at a CAGR of 6.9% from 2024 to 2032.

Report Key Highlights:

• The report covers a detailed analysis on truck yacht charter market.
• The yacht charter market share has been analyzed from the year 2022 till the year 2032.
• Latest developments have been mentioned in the research study.
• Top companies operating in the industry has been profiled in the research study.
• The research study includes different segments & regions across which the market has been analyzed.

Yacht chartering involves the rental or charter of a sailboat or motor yacht for the purpose of traveling to different coastal or island destinations, whether for business or leisure. There are primarily two types of yacht charters: bareboat and skippered. In bareboat charters, clients take on the role of the boat's skipper and handle it themselves, whereas skippered charters come with both the boat and a crew. Many bareboat charter companies offer fundamental seamanship courses to prepare clients for operating a boat. Some of these companies may also provide skippered charters, which come with a skipper but do not include additional crew members. The yacht charter market is expected to experience substantial growth, driven by an increasing number of yacht productions and ongoing construction projects. Yachts, often equipped with luxurious amenities such as helipads, swimming pools, saunas, hot tubs, and more, symbolize the pinnacle of opulence.

The market is segmented into type, size, application, and region. On the basis of type, it is categorized into sailing yacht, motor yacht and others. On the basis of size, it is classified small (Up to 30m), medium (30m-50m), large (Over 50m). The application segment is divided into vacation/ leisure, sailing, and others. On the basis of region, the market is analysed across North America, Europe, Asia-Pacific and LAMEA.

The growth of water sports and recreation activities and increase in number of private islands on cruise itineraries drive market growth. However, the high cost associated with yacht charter and the weather and safety concerns hamper the growth of the market. Moreover, increased involvement of intermediaries & hybrid business models, and change in yacht infrastructure are expected to propel market growth in the forecast period.

Key players operating in the global yacht charter market are Boatsetter, Inc., MARTELLO YACHTING & COMPANY, SAILOGY S.A., Northrop & Johnson, Ionian Catamarans, IYC, ZIZOOBOATS GmbH, Yachtico, Inc., Boatjump, S.L., and West Coast Marine Yacht Services Pvt. Ltd., among others.

Key Developments

The leading companies are adopting strategies such as acquisition, agreement, expansion, partnership, contracts, and product launches to strengthen their market position.

• In October 2023 , IYC, the yacht brokerage firm, is embarking on a new venture into the Middle East by inaugurating its inaugural branch in Dubai. This fresh addition has been established through a collaboration with Vision Investments Limited, a subsidiary of Al Ameeri Group Holding, and signifies IYC's fifteenth global location.
• In September 2022 The watercraft rental platform Boatsetter raised a funding of $70 million and aims to transform into the "Airbnb of boats" boasting to 50,000 listings in 700 global locations.

Growth of water sports and recreation activities:

The surge in interest and engagement in water sports has led to the introduction of various innovative and exciting water sporting categories in recent years. Notably, jet-powered hoverboards, flyboarding, and inflatable catapults have captured the imagination of enthusiasts. In addition, activities like aquatic hoverboards and water jetpacks have emerged as thrilling options for those seeking aquatic adventures. Setting out on a luxury yacht charter presents an unmatched chance to revel in the finest water sports and yacht toys. The majority of yachts are equipped with inflatable slides, trampolines, stand-up paddleboarding (SUPs), and kayaks.

Increasing number of private islands on cruise itineraries:

There is a strong trend toward renewing the marine fleets and rise in number of marine fleets increased by about 7% globally. Moreover, the adventure travel is growing at a rapid pace and cruise expeditions are experiencing the impact. Furthermore, numerous cruise builders are investing in land-based private islands that allow cruise lines to offer customers exclusive beach time as an extension of the onboard experience. Such rise in trends from the millionaires along with the increase in add-on services is estimated to fuel the demand for the yacht charter industry in the forecast period.

The spending of cruise line brands increased owing to which the growth of yacht chartering also increased for instance in September 2023, Royal Caribbean invested $250 million in the development of CocoCay in the Bahamas. People around the world are preferring the yachts for recreational purposes which are celebrated at the world’s beautiful destinations due to which the private islands are gaining traction.

High cost associated with yacht charter:

Yacht charters are priced based on their base rate, which represents the weekly rental cost of the boat. The total cost of a yacht charter varies due to several factors, including the type of yacht, the charter destination, local taxes, and the base rate itself. As a result, yacht charters have a wide price range. Smaller sailing yachts and catamarans may start at around $10,000 per week, while the most luxurious motor superyachts can exceed $150,000 per week.

In addition, there are hidden costs associated with yacht charters, including taxes, Value Added Tax (VAT), insurance, crew gratuity, advanced provisioning allowance, and other expenses, which typically amount to approximately 15-30% of the base price. These charges are collected prior to the charter, serving as an initial financial commitment. These additional costs can pose a barrier to potential customers in developing countries, thus hindering the growth of the yacht charter market.

Increased involvement of intermediaries & hybrid business models

The increase in involvement of brokers is a notable trend in the yacht industry, driven by a rise in number of buyers and charter clients. Brokers play a vital role, facilitating viewings, negotiating sales terms, managing paperwork, and overseeing the collection and distribution of sale proceeds. Moreover, the use of tablets and smartphones as mediums for customers to gain real insights into yachts is drawing more people toward yacht rentals.

In addition, yachts are venturing into the leisure and hospitality sectors, with the global yacht tourism industry experiencing remarkable growth. Luxury travel has also seen a significant upswing.

Yacht tourism has evolved into an exclusive form of recreation, coexisting with well-established mass entertainment systems. Yacht chartering is no longer limited to the aristocracy, however, has expanded to the middle class. Yacht tourism takes various forms, including fishing, sightseeing, and leisure sailing, with the latter being the most favored. The success of yacht tourism has led to an increased demand for luxury yacht charters in the foreseeable future.

Key Benefits For Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the yacht charter market analysis from 2022 to 2032 to identify the prevailing yacht charter market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the yacht charter market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global yacht charter market trends, key players, market segments, application areas, and market growth strategies.

  Yacht Charter Market Report Highlights

Analyst Review

In accordance with several interviews conducted, the CXOs of the leading companies stated that the yacht charter market is expected to witness significant growth in the future. In addition, the global yacht charter market is anticipated to be influenced by the eternal need for luxury and changing lifestyles. Furthermore, the introduction of innovative materials, such as structural glass, has elevated the sophistication of yacht design. Yacht production and under-construction projects are on the rise, which is anticipated to drive substantial growth in the yacht charter market. Yachts, equipped with luxurious amenities such as helipads, swimming pools, saunas, and hot tubs represent the pinnacle of opulence. In addition, key players in this industry have expanded their global presence through acquisitions and expansion strategies.

Despite the challenges faced by the global economy, the yacht charter market has gained popularity, which is attributed to strong underlying factors such as the increasing wealth of ultra-high-net-worth individuals, a growing interest in recreational & expeditionary activities, and the rising trend of yacht tourism. The market is expected to experience significant growth during the forecast period. However, the sector is not without its challenges, including high costs and the impact of natural disasters.

• Navigation Systems
• Aftermarket Pricing
• Aftermarket Trends
• Auto Parts Retail
• Auto Repair
• Automotive Accessories
• Automotive Aftermarket
• Automotive Aftermarket Sales
• Automotive Aftermarket Services

Growing recreational activities upcoming trends of Yacht Charter Market in the world

vacation/leisure is the leading application of Yacht Charter Market.

Europe is the largest regional market for Yacht Charter.

Ionian Catamaras is the top companies to hold the market share in Yacht Charter.

Loading Table Of Content...

Loading Research Methodology...

• Related Report
• Global Report
• Regional Report
• Country Report

Enter Valid Email ID

Verification code has been sent to your email ID

By continuing, you agree to Allied Market Research Terms of Use and Privacy Policy

Advantages Of Our Secure Login

Easily Track Orders, Hassel free Access, Downloads

Get Relevent Alerts and Recommendation

Wishlist, Coupons & Manage your Subscription

Have a Referral Code?

Enter Valid Referral Code

An Email Verification Code has been sent to your email address!

Please check your inbox and, if you don't find it there, also look in your junk folder.

Yacht Charter Market

Global Opportunity Analysis and Industry Forecast, 2024-2032

• All Reports

Username or email address  *

Password  *

Remember me Log in

Lost your password?

Email address  *

A password will be sent to your email address.

Your personal data will be used to support your experience throughout this website, to manage access to your account, and for other purposes described in our privacy policy .

Request a Sample

We will get in touch with you at the earliest

Enquire Before Purchase

Customize this report.

Region North America Europe Asia-Pacific Latin America Middle East and Africa

Yacht Charter Market By Segments, By Region and Companies - Market Analysis, Trends, Revenue Opportunity, Competitive Analysis, and Forecast 2023-2032

Description

• Table of Contents

Yacht Charter Market Overview:

The Yacht Charter Market overview provides a comprehensive understanding of the analyzed market. It includes an introduction to the market, its size, growth rate, and key trends. This aims to give clients a broad understanding of the market landscape. The market analysis of the Yacht Charter Market delves deeper into the market dynamics, focusing on factors such as market drivers, challenges, and opportunities. It explores the macroeconomic and microeconomic factors affecting the market, industry regulations, and emerging market trends. The analysis provides valuable insights into the current and future market conditions.

The assessment of the Yacht Charter Market is performed by taking various factors into consideration, like, for instance, the business expansion policies of key players, competitive analysis of the progress of new entrants and emerging players, and the revenue, financial, and opportunity analysis of market players. The also analyzed based on regional segmentation, type or technique, end-user spectrum, etc. This research implements the latest methodologies to help clients understand the overall market scenario and strategize accordingly. The Yacht Charter Market report provides an overview of the different types of analysis conducted during the market research process, including but not limited to SWOT analysis, Porter's Five Forces analysis, PESTLE analysis, and market forecasting. These analyses provide a deeper understanding of the market dynamics and assist in making informed business decisions.

Major players included in the Yacht Charter Market:

• Ionian Catamarans
• West Coast Marine Yacht Services Pvt. Ltd.
• MARTELLO YACHTING & COMPANY
• Boatsetter, Inc.
• SAILOGY S.A.
• Northrop & Johnson
• Boatjump, S.L.
• ZIZOOBOATS GmbH
• Yachtico, Inc.

Yacht Charter Market Segmentation:

• Small (Up to 30m)
• Medium (30m-50m)
• Large (Over 50m)
• Motor Yacht
• Sailing yacht
• Other yacht

By Application

• Vacation/ Leisure

Future Market Analytics Focus Points:

• SWOT Analysis
• Key Market Trends
• Key Data -Points Affecting Market Growth
• Revenue and Forecast Analysis
• Growth Opportunities For New Entrants and Emerging Players
• Key Player and Market Growth Matrix

Yacht Charter Market Competitive Analysis:

The competitive analysis of the Yacht Charter Market assesses the competitive landscape of the market. It includes evaluating key players in the industry, their market share, business strategies, and competitive advantages. The competitive analysis also highlights the strengths and weaknesses of major competitors, allowing clients to understand the competitive positioning of companies operating in the market.

Objectives of the Study:

• To provide a comprehensive analysis on the Yacht Charter Market by segmentation and by region
• To cater extensive insights on factors influencing the market growth (drivers, restraints, industry-specific restraints, business expansion opportunities)
• To anticipate and analyse the market size expansion in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa
• To record and evaluate competitive landscape mapping- strategic alliances and mergers, technological advancements and product launches, revenue and financial analysis of key market players

How our market research reports help clients:

Our market research reports provide valuable insights to clients in their decision-making process and support their growth and market capture efforts. They offer:

• Comprehensive understanding of market trends, dynamics, and growth potential.
• Identification of niche markets and emerging opportunities.
• Assessment of competitive landscape and strategic benchmarking.
• Insights into consumer preferences, buying behavior, and market demand.
• Risk assessment and mitigation strategies.
• Market forecasting and trend analysis for informed business planning.
• Understanding product development, pricing, and other strategies.

In case of any specific requirements or changes to the current table of content based on your scope, please contact us at: [email protected]

Yacht Charter Market Introduction

• Objectives of the Study
• Market Definition
• Years Considered for the Study
• Market Covered
• Limitations
• Stakeholders

Research Methodology

• Key Data from Secondary Sources
• Key Data from Primary Sources
• Market Size Estimation
• Market Breakdown and Data Triangulation
• Assumptions for the Study

Executive Summary

• Market Outlook
• Segment Outlook
• Competitive Insights

Yacht Charter Market Variables, Trends & Scope

• Market Lineage Outlook
• Penetration and Growth Prospect Mapping
• Industry Value Chain Analysis
• Cost Analysis Breakdown
• Technology Overview
• Reimbursement Framework
• Standards and Compliances

Yacht Charter Market Overview

• Market Driver Analysis
• Market Restraint Analysis
• Industry Challenges

Yacht Charter Market Analysis Tools

• Supplier Power
• Buyer Power
• Substitution Threat
• Threat from New Entrants
• Competitive Rivalry
• Political Landscape
• Environmental Landscape
• Social Landscape
• Technology Landscape
• Legal Landscape

Yacht Charter Market, By Segmentation Historical Analysis 2017-2022 and Forecast 2023-2032 (USD million)

North america market analysis 2017-2022 and forecast 2023-2032 (usd million).

• Introduction
• Rest of North America
• Market Size (USD Mn) Forecast for North America 2023-2032

Latin America Market Analysis 2017-2022 and Forecast 2023-2032 (USD Million)

• Regional Market Trends
• Rest of Latin America
• Market Size (USD Mn) Forecast for Latin America 2023-2032

Europe Market Analysis 2017-2022 and Forecast 2023-2032 (USD Million)

• Switzerland
• Rest of Europe
• Market Size (USD Mn) Forecast for Europe 2023-2032

Asia Pacific Market Analysis 2017-2022 and Forecast 2023-2032 (USD Million)

• Australia and New Zealand
• Rest of Asia Pacific
• Market Size (USD Mn) Forecast for Asia Pacific 2023-2032

Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2032 (USD Million)

• South Africa
• Saudi Arabia
• Rest of MEA
• Market Size (USD Mn) Forecast for MEA 2023-2032

Yacht Charter Market Company Profiles:

We will provide a Company Overview (HQ, Business Segments, Employee Strength), Technology Portfolio, Competition Dashboard, Competitors Deep Dive, SWOT Analysis, Financial Overview/Layouts, and Strategic Overview of the above company profiles.

(Note: The list of the major players will be updated with the latest market scenario and trends)

Impact of COVID-19

• Positive influence on the industry
• The financial disruption of the sector
• Impact of COVID-19 on emerging companies
• Significant mandates in the industry regulations initiated by administrations
• The overall economic slowdown of the developing and developed nations

Competitive Intelligence and Competitive Matrix

• Competitive Intelligence
• Competitive Matrix

Major Deals and Strategic Alliances Analysis

• Joint ventures
• Mergers and acquisitions
• Licensing and partnerships
• Technology Collaborations
• Strategic Divestments
• Market Entry Strategies

Relevant Case Studies and Latest News Updates

Key market takeaway points from the market analysts at future market analytics, unlock exclusive savings with our bulk discounts.

• Enjoy a 25% discount when you purchase 2 or more reports.
• Supercharge your savings with a whopping 50% discount on orders of 5 or more reports.

License Type Details

License Type: Data Set

• All data presented in excel in table form
• Historical and forecast data in excel

License Type: Single User

• PDF/Word version of the Report
• Access to single user
• Limited analyst support post-purchase

License Type: Multi User

• Additional excel data sets
• Access to multiple users (a team of 15 or more members)
• Editable and printable version of the report
• Unlimited analyst support post-purchase
• Free customization (up to 30%) in Table of content

Need Assistance?

Our clients.

Our Industries

• Semiconductors
• Packaging & Labelling

Niche Industries

• 3D Printing
• Defense & Security
• AI & ML

Useful Links

• How to Order
• Privacy Policy
• GDPR Policy
• Terms & Conditions

Company Info

Yacht Charter Market Size (2024 - 2029)

The yacht charter market is poised for growth, driven by increasing participation in competitive and recreational boating activities and rising disposable incomes. Despite challenges such as the impact of the COVID-19 pandemic and high costs in certain regions, the market is expected to expand, with Asia Pacific emerging as the fastest-growing area due to the popularity of marine recreational activities. Key players are focusing on vertical integration with yacht manufacturers to enhance revenue, while associated businesses are entering the market to capitalize on its potential.

Market Size of Yacht Charter Industry

Single User License

Team License

Corporate License

Need a report that reflects how COVID-19 has impacted this market and its growth?

Yacht Charter Market Analysis

The Yacht Charter Market is expected to register a CAGR of 5.79% during the forecast period.

The market was valued at USD 18.9 billion in 2021, and it is projected to reach USD 26.5 billion by 2027,

The market was negatively impacted by the COVID-19 pandemic in 2020. Worldwide, the yacht charter industry was brought to a standstill by the pandemic. The impact was clear on the industry, as several companies confronted instabilities with their supply chain. Furthermore, the lack of skilled labor impacted the market growth. The key players are doing their best to counter the situation. Additionally, rising global participation in competitive and recreational boating activities and growing corporate tourism activities are expected to significantly support the demand of the target market.

Over the medium term, the factors such as the increasing demand for competitive and recreational boating activities, the purchasing power of people, and rising disposable income are anticipated to drive the yacht charter market during the forecast period. Seeing the potential of the market, numerous associated businesses, like yacht management, that support the construction of new yachts are also entering the market. Yacht charter companies are currently concentrating on vertical integration with major yacht manufacturers to intensify their revenue.

However, factors like high costs of yacht taxation policies and rentals in certain regions are impeding the market growth.

Asia Pacific is expected to be the fastest-growing region. Rising recreational activity popularity, as evidenced by increased participation in marine recreational activities in countries such as Australia, Indonesia, Thailand, and Singapore, is expected to support regional growth.

Yacht Charter Industry Segmentation

Yacht charters are typically used for leisure, business, and vacation activities. A yacht charter offers a convenient and easy way to enjoy a long holiday with friends and family without owning a yacht. Yacht charter firms provide the yacht and deliver the best itinerary as per the requirements of the clients, with crew and captain and online or on-call support till total charter duration.

The yacht charter market is segmented by charter type, yacht type, and geography. By charter type, the market is segmented into the bareboat, cabin, and crewed. By yacht type, the market is segmented into sailing yacht, motorboat yacht, and other yacht types.

By geography, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World.

By Geography
		North America United States Canada Rest of North America Europe Germany United Kingdom France Rest of Europe Asia-Pacific India China Japan South Korea Rest of Asia-Pacific Rest of the World Brazil Mexico United Arab Emirates Other Countries Yacht Charter Market Size Summary The yacht charter market is poised for significant growth, driven by increasing global participation in both competitive and recreational boating activities. Despite the setbacks caused by the COVID-19 pandemic, which disrupted supply chains and highlighted labor shortages, the industry is rebounding. Key players are focusing on vertical integration with major yacht manufacturers to enhance revenue streams. The market is also witnessing the entry of numerous associated businesses, such as yacht management, capitalizing on the growing demand. However, challenges such as high taxation policies and rental costs in certain regions continue to impede growth. The Asia Pacific region is expected to experience the fastest growth, supported by the rising popularity of marine recreational activities in countries like Australia, Indonesia, and Thailand. In Europe and North America, the yacht charter market remains robust, with Europe being a preferred destination due to its rich marine culture and diverse yacht options. The Northern American yachting season is characterized by a preference for comfort, with Florida being a significant hub due to its coastal borders and numerous lakes. The market is moderately fragmented, with major players like Burgess, Northrop & Johnson, and Dream Yacht Charter expanding their presence through fleet size increases and strategic partnerships. These companies are tapping into new markets and enhancing their offerings to cater to a discerning clientele. Regulatory changes, such as those in France regarding VAT, are also shaping the market landscape, prompting companies to adapt to evolving tax regulations. Yacht Charter Market Size - Table of Contents 1. MARKET DYNAMICS 1.1 Market Drivers 1.2 Market Restraints 1.3 Industry Attractiveness - Porter's Five Forces Analysis 1.3.1 Threat of New Entrants 1.3.2 Bargaining Power of Buyers/Consumers 1.3.3 Bargaining Power of Suppliers 1.3.4 Threat of Substitute Products 1.3.5 Intensity of Competitive Rivalry 2. MARKET SEGMENTATION 2.1 By Charter Type 2.1.1 Bareboat 2.1.2 Cabin 2.1.3 Crewed 2.2 By Yacht Source 2.2.1 Sailing Yacht 2.2.2 Motorboat Yacht 2.2.3 Other Yacht Sources 2.3 By Geography 2.3.1 North America 2.3.1.1 United States 2.3.1.2 Canada 2.3.1.3 Rest of North America 2.3.2 Europe 2.3.2.1 Germany 2.3.2.2 United Kingdom 2.3.2.3 France 2.3.2.4 Rest of Europe 2.3.3 Asia-Pacific 2.3.3.1 India 2.3.3.2 China 2.3.3.3 Japan 2.3.3.4 South Korea 2.3.3.5 Rest of Asia-Pacific 2.3.4 Rest of the World 2.3.4.1 Brazil 2.3.4.2 Mexico 2.3.4.3 United Arab Emirates 2.3.4.4 Other Countries Yacht Charter Market Size FAQs What is the current yacht charter market size. The Yacht Charter Market is projected to register a CAGR of 5.79% during the forecast period (2024-2029) Who are the key players in Yacht Charter Market? Dream Yacht Charter, OceanBLUE Yachts Ltd., Burgess, Simpson Marine and Northrop and Johnson are the major companies operating in the Yacht Charter Market. Yacht Charter Market Report Snapshots Yacht Charter Market Size Yacht Charter Market Share Yacht Charter Market Trends Yacht Charter Companies Yacht Charter Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029) Yacht Charter Market Get a free sample of this report Please enter your name Business Email Please enter a valid email Please enter your phone number Please enter your requirement Thank you for choosing us for your research needs! A confirmation has been sent to your email. Rest assured, your report will be delivered to your inbox within the next 72 hours. A member of our dedicated Client Success Team will proactively reach out to guide and assist you. We appreciate your trust and are committed to delivering precise and valuable research insights. Please be sure to check your spam folder too. Sorry! Payment Failed. Please check with your bank for further details. Add Citation APA MLA Chicago ➜ Embed Code X Get Embed Code Want to use this image? X Please copy & paste this embed code onto your site: Images must be attributed to Mordor Intelligence. Learn more About The Embed Code X Mordor Intelligence's images may only be used with attribution back to Mordor Intelligence. Using the Mordor Intelligence's embed code renders the image with an attribution line that satisfies this requirement. In addition, by using the embed code, you reduce the load on your web server, because the image will be hosted on the same worldwide content delivery network Mordor Intelligence uses instead of your web server. Get this Data in a Free Sample of the Yacht Charter Market Report Yacht Charter Market Yacht charter market - global industry assessment & forecast, automotive transportation & logistics, segments covered. 2022 2023 - 2030 2017 - 2021 USD 7.5 Billion USD 11.2 Billion : 5.9% Asia Pacific Europe Customization Offered Description Table Of Content Market Segmentation Request Sample Buying Inquiry The global Yacht Charter Market is valued at USD 7.5 Billion in 2022 and is projected to reach a value of USD 11.2 Billion by 2030 at a CAGR (Compound Annual Growth Rate) of 5.9% between 2023 and 2030. Premium Insights The market for Yacht Charters has expanded significantly by over 15% annually. This development might be ascribed to the rising demand for individualized and unique travel experiences among high-net-worth individuals and luxury travelers. Yacht Charter Market Size, 2022 To 2030 (USD Billion) Ai (gpt) is here ask questions about yacht charter market. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. More report information will load here after submitting the form. Many countries worldwide are developing policies to strengthen the coastal tourism sector due to climate change and environmental degradation. The maritime policy of the European Union supports the growth of coastal tourism and marine economic activity. For instance, In November 2022, Poland ranked eighth in the world and fifth in Europe in terms of exports of yachts. Poland produces ~22,000 yachts which include both general and luxury yachts. The Yacht Charter sector had a fall in growth due to the COVID-19 pandemic's negative effects on world tourism. The pandemic led to a large drop in tourists visiting well-known locations and uncertainty and fear within the Yacht Charter sector. For instance, In 2022, U.S. yacht sales began to normalize after a period of solid growth. Consumer spending patterns shifted towards other accessible activities like travel, music concerts, and sporting events. Report Coverage & Deliverables PDF report & online dashboard will help you understand: Real-Time Data Updates: Competitor Benchmarking Market Trends Heatmap Custom Research Queries Market Sentiment Analysis Demographic and Geographic Insights Get Access Now Key Highlights Europe generated more than 60% of the revenue share in 2022, Asia Pacific is expected to expand at the fastest CAGR from 2023 to 2030, By Contract Type, the Bareboat Contracted Yacht segment contributed more than 33% of revenue share in 2022, By Yacht Size, the 40m Yacht segment registered more than 40% of revenue share in 2022, By Yacht type, the Motorized Yacht segment recorded the most significant market share in 2022, By end use, Leisure Travel dominates the Yacht Charter market. Economic Insights The Yacht Charter industry makes an essential contribution to the economy, and it also affects nearby communities and related businesses. Additionally, the market supports jobs in yacht maintenance and repair, brokerage, yacht management, and other related services. Collectively, the Yacht Charter industry provides employment opportunities for thousands of individuals globally. The expansion of ancillary sectors like yacht construction and the production of marine equipment also benefits from the market, which increases economic activity and investment. Marine tourism has a positive impact on economic growth in several ways. It also earns foreign exchange and contributes to government revenue. It creates jobs and makes an essential contribution to the local economy. In addition, it provides various sociocultural benefits such as strengthening communities and promoting sustainable tourism. Many countries worldwide are developing policies to strengthen the coastal tourism sector due to climate change and environmental degradation. Top Market Trends Sustainability and eco-consciousness: As people become more aware of environmental problems, there is a noticeable movement towards sustainability in several different businesses, including the Yacht Charter market. Charter customers are looking for environmentally friendly options including yachts with alternative or hybrid propulsion systems, waste management techniques, and sustainable practices. In response, Yacht Charter firms are implementing eco-friendly policies, promoting eco-aware travel, and incorporating sustainable technologies and practices into their daily operations. Emerging Destinations & Unexplored Waters: While well-known Yacht Charter locations like the Mediterranean and the Caribbean still draw visitors, there is a rising trend towards visiting less-traveled-to and emerging locations. Charter customers want to explore uncharted waters to find pristine coastlines, fascinating cultures, and unique experiences. These regions include Southeast Asia, the South Pacific, and inaccessible islands. These growing locations are now included in the services of Yacht Charter companies, giving tourists the chance to journey outside of the usual tourist sites and partake in authentic off-the-beaten-path experiences. Wellness and well-being: The need for wellness and well-being has emerged as a major trend in the tourism industry, and the Yacht Charter market is no exception. Customers of Charter are looking for holistic experiences that encourage rest, renewal, and general well-being. Wellness amenities including aboard spas, fitness centers, yoga studios, and healthy food options are now available on Yacht Charters. Yacht Charter firms are introducing wellness-focused components to meet the growing demand for health-conscious vacation experiences, from wellness getaways to personalized wellness programs. Technological innovations: To improve the visitor experience and expedite operations, the Yacht Charter industry is adopting technological innovations. Luxury yachts are incorporating cutting-edge onboard amenities including high-speed internet connectivity, smart home automation systems, cutting-edge entertainment systems, and virtual reality experiences. Additionally, to offer seamless and individualized service to charter customers, Yacht Charter businesses are utilizing technology for effective booking procedures, online platforms for itinerary customization, and digital concierge services. The global Yacht Charter market can be categorized on the following: Contract Type, Yacht Size, Yacht Type, End Use, and Region . Based on Contract Type , the market can be categorized into Bareboat and Crewed. Additionally, based on Yacht Size , the market can be split further into Up to 40m, 40 to 60m, and Above 60m. Moreover, based on Yacht Type , the market can be segregated into Motor Yachts, Sail Yachts, and Other Yacht Types. Furthermore, based on End Use , the market can be fragmented further into Leisure, Business, and Other End Uses. Likewise, the market is segmented based on Region : North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Based on the Contract Type Bareboat Contracted Yacht Charters to Account for the Holds the Largest Share Based on the Type of Contract, Bareboat Yacht Charters dominate the market for yacht rentals. In a bareboat charter, a yacht is rented without a crew or any other extras, and the charterer is solely responsible for navigating and running the boat. For seasoned sailors or people who prefer to run their own boat experience, this kind of charter offers flexibility and freedom. The sense of adventure, solitude, and control that bareboat charters give their clients can be credited for their popularity. Bareboat contractual Yacht Charters dominate the market, reflecting the preferences of independent and seasoned sailors who want the freedom to explore numerous leisurely locations. Based on Yacht Size 40m Yacht to Accommodate the Maximum Revenue Based on Yacht Size, it is anticipated that the Yacht Charter market will generate the most money from 40m yachts. These boats appeal to a sizable number of charter customers because they strike a mix between luxury, comfort, and manageability. 40m yachts are the perfect backdrop for a lavish and unforgettable charter experience thanks to their large room, high-end facilities, and elegant design. Having vast living spaces, roomy staterooms, and a range of onboard entertainment options, their size enables comfortable lodging for a greater number of passengers. The need for upmarket and large charter choices, which satisfy the tastes of charter clients seeking a high-end experience on the water, is shown by the popularity of 40m yachts in earning maximum revenue. Based on Yacht Type Motorized Yacht will dominate the market during Forecast Period Motorized Yachts are anticipated to rule the Yacht Charter Market during the anticipated period. A wide variety of charter customers are drawn to the power, speed, and luxury that motorized boats offer. These yachts have strong engines that allow for quick navigation and efficient cruising, giving the freedom to visit several locations in a short amount of time. The numerous amenities and roomy interiors of motorized yachts also give charter guests a fashionable and pleasant setting. Motorized yachts are anticipated to maintain a strong market presence and draw a sizable portion of charter reservations due to their adaptability and attraction to both experienced yachting aficionados and first-time charterers. Based on End Use Leisure Travel is Dominate the Yacht Charter Market The Yacht Charter market is expected to be dominated by leisure travel. Individuals and families wishing for opulent and memorable vacations are the main consumers of Yacht Charters. Charter passengers traveling for pleasure are looking for a chance to unwind, go on an adventure, and travel to far-off places in the utmost comfort and solitude. With access to breathtaking coastlines, secret anchorages, and top-notch amenities on board, Yacht Charters provide a distinctive and exclusive way to experience the sea. As travelers prioritize personalized and immersive travel, the demand for leisure Yacht Charters is expected to increase even further. This will make this market segment the dominant one and will encourage the creation of novel services and experiences that are catered to the wants and preferences of leisure travelers. Based on Region Europe to Lead Global Market due to the Region Being a Popular Tourist Destination A renowned tourist destination, Europe is anticipated to dominate the worldwide Yacht Charter market on a regional basis. With its wide variety of coastal regions and attractive locations, Europe draws many travelers from all over the world. Particularly known for its magnificent scenery, clean waters, and lively coastal communities, the Mediterranean is a popular location for Yacht Charters. European nations with a rich nautical history, first-rate infrastructure, and a well-established network of marinas and yacht rental firms include Italy, Greece, Croatia, and France. The area's reputation in the Yacht Charter sector is further bolstered by its pleasant temperature, cultural attractions, and proximity to important international airports. The growth of the market in the region is anticipated to be fueled by the increasing popularity of fishing and aquatic sports, as well as the growing number of upper-class consumers. Market expansion is anticipated to be bolstered by European flight reservations, cooperation with online demand for charter service providers, and a rise in issued craft permits. The region's affluent populace is also likely to stimulate market growth. Competitive Landscape The Yacht Charter Market is fragmented, with numerous small and large Yacht Charter companies, brokers, and online platforms, each offering its unique services and experiences. Companies are putting more emphasis on innovation, investing in new yacht purchases, implementing sustainable practices, and expanding their product offerings to include customized itineraries, wellness experiences, and technological improvements to acquire a competitive edge. Partnerships with five-star hotels, tour operators, and location management firms are becoming increasingly popular ways to expand customer reach and offer all-inclusive yacht vacation packages. As the market develops, the competition heats up, forcing businesses to stand out and offer great experiences to win over more customers. Additionally, the market participants are focused on enhancing the yachting experience for their consumers. In addition, with the increasing demand for yachts as a luxury product, participants are modernizing their yachts and training their crews to provide consumers with a superior travel experience. The market participants are investing in infrastructural enhancements such as online booking portals, websites, and marine satellite connectivity for connectivity and entertainment onboard. The key players in the global Yacht Charter market include – Dream Yacht Charter (Italy), Yachtico (U.S.), Asta Yachting (Croatia), OceanBLUE Yachts Ltd. (UK), Simpson Marine (Hong Kong), Ocean Independence (U.S.), Imperial Yachts (Monaco), Northrop & Johnson (U.S.), YCO (UK), Burgess (U.S.) among others. Recent Market Developments January 2022: Northrop & Johnson announced a partnership with Master & Dynamic, a renowned audio brand. This partnership will provide a Northrop & Johnson client with Master & Dynamic headphones, specially curated playlists, alongside other wellness items ideal for enjoying onboard a luxury yacht. September 2022: Angelina Yacht Charter of Biograd acquired an 85 percent stake in the Split-based charter company Ultra Sailing. With this acquisition, it will become the largest Croatian charter company. The combined fleet of vessels will exceed 260. January 2022: The Berg, a new luxury vessel, was introduced. This 55-meter vessel will be the first luxurious charter yacht to cruise the Nile. The charter route offered by Berge sails between Luxor and Aswan, taking in the scenery of the most renowned stretch of the Nile River, renowned for its architecture and natural beauty. January 2021: Burgess announced a new partnership with Marine Solutions in India. With this partnership, Burgess intends to serve its existing clients better and develop new relationships in India, enhancing its charter offering in the Indian Ocean. Segmentation of the Global Yacht Charter Market Parameter Details Segments Covered Regions & Countries Covered Companies Covered Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis Pricing and purchase options Avail of customized purchase options to meet your exact research needs. Frequently Asked Question What is the global demand for yacht charter in terms of revenue. The global Yacht Charter valued at USD 7.5 Billion in 2022 and is expected to reach USD 11.2 Billion in 2030 growing at a CAGR of 5.9%. Which are the prominent players in the market? The prominent players in the market are Dream Yacht Charter (Italy), Yachtico (U.S.), Asta Yachting (Croatia), OceanBLUE Yachts Ltd. (UK), Simpson Marine (Hong Kong), Ocean Independence (U.S.), Imperial Yachts (Monaco), Northrop & Johnson (U.S.), YCO (UK), Burgess (U.S.). At what CAGR is the market projected to grow within the forecast period? The market is project to grow at a CAGR of 5.9% between 2023 and 2030. What are the driving factors fueling the growth of the market. Increase in number of private islands on cruise itineraries Which region accounted for the largest share in the market? Europe was the leading regional segment of the Yacht Charter in 2022. Related Reports Request sample report for yacht charter market, vantage point interactive dashboard. 209 IMAGES Yacht Charter Market Size, Share, Trends, Growth & Forecast Yacht Charter Market Yacht Charter Market Size, Trends, Growth, Statistics 2021-2025 Yacht Charter Market Size, Revenue And Growth Estimation, 2024-2033 Yacht Charter Market to Reach a Valuation of ~US$ 25.5 Bn by 2027 Yacht Charter Management Services VIDEO First day of yacht charter! #belowdeck #privatechef #bahamas #sailing Become A Fractional Owner Of This 2023 Bali 5.4! LAST Opportunity! My New Command!!! WE DIDN'T EXPECT THIS!!! Yacht 4 PLAY is an 88' Azimut luxury charter yacht available in Florida and the Bahamas Riva yacht bow COMMENTS Yacht Charter Market Size, Share | Statistical Analysis [2032] Yacht Charter Market Size, Share & Industry Analysis, By Yacht Type (Motor Yacht, Sailing Yacht, and Others), By Yacht Size (Up to 40m, 40 to 60 m, and Above 60m), By End-use (Leisure, Business, and Others), By Contract Type (Bareboat and Crewed), and Regional Forecast, 2024-2032. Yacht Charter Market - Size, Statistics & Industry Analysis Global Yacht Charter Market is Segmented by Charter Type (Bareboat, Cabin, and Crewed), Yacht Type (Sailing Yacht, Motorboat Yacht, and Other Yacht Types), and Geography (North America, Europe, Asia-Pacific, and the Rest of the World). The Report Offers Market Size and Forecasts for the Yacht Charter Market in Value (USD Billion) for the Above ... Yacht Charter Market Size & Trends Analysis Report, 2020-2027 The global yacht charter market size was valued at USD 6.5 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2020 to 2027. The growing preference among travelers for luxury marine tourism and personalized services are the primary factors that are fueling the growth. Yacht Charter Market Share, Trends & Forecast by 2033 | FMI The yacht charter market is estimated to be valued at US$ 19 billion in 2023 and is expected to reach a valuation of US$ 31 billion by 2033. The adoption of yacht charter likely to advance at a CAGR of 5% during the forecast period. Yacht charters accounted for 30-35% share of the global boat market in 2020. Yacht Charter Market to Generate $ 20202.5 million, Globally ... According to the report, the global yacht charter market size was valued at $ 11405.2 million in 2022 and is projected to reach $ 20202.5 million by 2032, registering a CAGR of 6.9% from... Yacht Charter Market Size, Analysis, Share, Trends, Report Yacht charter market to reach $20.2 billion by 2032, By Small (Up to 30m) size to rise at 7.3% CAGR; Other yacht segment type to rake at 8.6% CAGR. Yacht Charter Market Size, Trend, Demand Analysis by 2033 The global Yacht Charter Market size to reach USD 25.5 Billion in 2033 growing at a CAGR of 7.1%. The research report classifies market by share, trend, demand and based on segmentation by Yacht type, charter type, yacht size, end-use and region. Yacht Charter Market: Industry Trends, Share, Size The Yacht Charter Market overview provides a comprehensive understanding of the analyzed market. It includes an introduction to the market, its size, growth rate, and key trends. This aims to give clients a broad understanding of the market landscape. Yacht Charter Market Size (2024 - 2029) - Mordor Intelligence The market was valued at USD 18.9 billion in 2021, and it is projected to reach USD 26.5 billion by 2027, The market was negatively impacted by the COVID-19 pandemic in 2020. Worldwide, the yacht charter industry was brought to a standstill by the pandemic. Yacht Charter Market Size USD 11.2 Billion by 2030 The global Yacht Charter Market is valued at USD 7.5 Billion in 2022 and is projected to reach a value of USD 11.2 Billion by 2030 at a CAGR (Compound Annual Growth Rate) of 5.9% between 2023 and 2030. Premium Insights. The market for Yacht Charters has expanded significantly by over 15% annually. catamaran gulet motorboat powerboat riverboat sailboat trimaran yacht