Boat Rental Market Poised for Growth with Projected Increase to USD 29.67 Billion by 2030
Summary:
The global Boat Rental market is set to experience significant growth, with its valuation projected to rise from USD 19.57 billion in 2023 to USD 29.67 billion by 2030. This expansion represents a robust compound annual growth rate (CAGR) of 6.12% during the forecast period from 2024 to 2030. The report offers an in-depth analysis of market dynamics, key players, regional insights, and the impact of COVID-19 on the industry.
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A) Market Size: In 2023, the global Boat Rental market was valued at USD 19.57 billion. It is anticipated to reach USD 29.67 billion by 2030, reflecting a substantial CAGR of 6.12% over the forecast period.
B) Overview: The Boat Rental market is witnessing a surge in demand, driven by increasing interest in recreational activities and the convenience of renting boats for various purposes. This study provides a comprehensive overview of the industry, highlighting significant trends, market positions of leading companies, and emerging opportunities within the sector.
C) Market Scope: The report delves into market engineering, incorporating market size estimations, forecasts, and segment breakdowns. It employs both top-down and bottom-up methodologies, supported by extensive qualitative and quantitative analysis to validate key figures and ensure accuracy.
D) Segmentation: The Boat Rental market is segmented based on:
- Propulsion Type:
- Fuel Powered
- Sail Boat
- Electric Boat
- Boat Size:
- Up to 20 Feet
- 21 To 35 Feet
- Above 36 To 50 Feet
- Boat Class:
- Luxury
- Sports
- Entry
- Activity:
- Sailing and Leisure
- Fishing
- Others
E) Major Manufacturers: Key players in the Boat Rental market include:
- GetMyBoat, Inc.
- Click&Boat
- Sailo, SamBoat
- GlobeSailor
- Yachtico Inc.
- Boatjump SL
- BoatBureau
- Ocean Serenity
- Boatsetter
- Groupe Beneteau
- Zizoo
- BorrowABoat
- Incrediblue
- Boatbay
- West Coast Marine
- Odyssey Boats
- Le Boat
- THE MOORINGS
- Nautal
F) Regional Analysis: The report provides a detailed PESTLE analysis for each region—North America, Europe, Asia Pacific, the Middle East, Africa, and South America—evaluating the political, economic, social, and technological factors influencing the market dynamics in these areas.
G) COVID-19 Impact Analysis: The COVID-19 pandemic has had a notable impact on the Boat Rental market, altering consumer behavior and operational strategies within the industry. This report explores how the pandemic has reshaped the market landscape and outlines strategies for businesses to adapt to new industry standards.
H) Key Questions Answered:
- What is the projected CAGR for the Boat Rental market during the forecast period?
- Which market segment is anticipated to lead in the Boat Rental industry?
- Who are the major players driving growth in the Boat Rental market?
- What will be the market size of the Boat Rental sector in 2030?
- Which company holds the largest market share in the Boat Rental industry?
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About Us: Maximize Market Research is a leading market research and business consulting firm committed to delivering actionable insights and fostering revenue growth for clients worldwide. We serve a diverse range of industries with our comprehensive methodology and deep industry knowledge.
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