Latin America Sailboat Market Size & Outlook, 2023-2030
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Latin America sailboat market highlights
- The Latin America sailboat market generated a revenue of USD 223.6 million in 2023.
- The market is expected to grow at a CAGR of 2.6% 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, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 223.6 million |
| Market revenue in 2030 | USD 268.2 million |
| Growth rate | 2.6% (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, Latin America region accounted for 6.4% 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 |
|---|
Latin America 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 59.53% in 2023. Horizon Databook has segmented the Latin America sailboat market based on monohull, multi-hull covering the revenue growth of each sub-segment from 2017 to 2030.
The Latin American sailboat market is vibrant and distinctive within the global sailing industry. Its uniqueness is shaped by a combination of factors, including the region's diverse geography, rich maritime heritage, and growing tourism sector.
Latin America's geographical diversity, encompassing stunning coastlines and inland water bodies, provides a wide range of sailing opportunities that attract coastal and inland enthusiasts. Moreover, the region's popularity as a tourist destination, particularly in destinations such as the Caribbean and Brazil, fuels the demand for sailboat charters and rentals, making tourism a significant market driver.
Cultural significance and deep-rooted maritime traditions in certain Latin American countries further contribute to sailing and boat ownership appeal. Local boat-building craftsmanship adds a unique touch, offering locally tailored sailboats.
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Target buyers of Latin America 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 Latin America sailboat market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America sailboat market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America sailboat market size, by country, 2017-2030 (US$M)
Latin America Sailboat Market Outlook Share, 2023 & 2030 (US$M)
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