Asia Pacific Sailboat Market Size & Outlook, 2023-2030
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Asia Pacific sailboat market highlights
- The Asia Pacific sailboat market generated a revenue of USD 759.2 million in 2023.
- The market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
- In terms of segment, monohull was the largest revenue generating hull type in 2023.
- Multi-hull is the most lucrative hull type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 759.2 million |
| Market revenue in 2030 | USD 1,100.6 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Monohull |
| Fastest growing segment | Multi-hull |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Monohull, Multi-hull |
| Key market players worldwide | Beneteau SA, Hallberg-Rassy, Catalina Yachts, HanseYachts, Cantiere del Pardo, Fountaine Pajot, Oyster Yachts, Nautor's Swan, Bavaria, Najad, Storm-tec |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.9% of the global sailboat market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,100.6 million by 2030.
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Sailboat Market Scope
Sailboat Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific sailboat market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sailboat market will help companies and investors design strategic landscapes.
Monohull was the largest segment with a revenue share of 59.04% in 2023. Horizon Databook has segmented the Asia Pacific sailboat market based on monohull, multi-hull covering the revenue growth of each sub-segment from 2017 to 2030.
The Asia Pacific sailboat market is characterized by a unique set of drivers that fuel its growth and development. Economic prosperity and the burgeoning middle-class population propel the demand for sailing as a leisure pursuit, particularly in countries such as China and India.
The region's popularity as a tourist destination and hosting prestigious international yachting events further boost the demand for sailboats and charter services. Environmental consciousness, accentuated by Asia Pacific's stunning natural beauty, drives the preference for eco-friendly sailboats.
Developing boating infrastructure, government initiatives, and local manufacturing facilities aid accessibility and the affordability. At the same time, cultural factors rooted in coastal traditions and popularity of water-based activities add a unique cultural dimension to the market.
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Target buyers of Asia Pacific sailboat market databook
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Our clientele includes a mix of sailboat market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific sailboat market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific sailboat market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific sailboat market size, by country, 2017-2030 (US$M)
Asia Pacific Sailboat Market Outlook Share, 2023 & 2030 (US$M)
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