Canada Yacht Market Size & Outlook, 2026-2033
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Canada yacht market highlights
- The Canada yacht market generated a revenue of USD 466.4 million in 2025 and is expected to reach USD 683.8 million by 2033.
- The Canada market is expected to grow at a CAGR of 4.9% from 2026 to 2033.
- In terms of segment, super yacht was the largest revenue generating type in 2025.
- Sport Yacht is the most lucrative type segment registering the fastest growth during the forecast period.
Yacht market data book summary
| Market revenue in 2025 | USD 466.4 million |
| Market revenue in 2033 | USD 683.8 million |
| Growth rate | 4.9% (CAGR from 2026 to 2033) |
| Largest segment | Super yacht |
| Fastest growing segment | Sport Yacht |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Super Yacht, Flybridge Yacht, Sport Yacht, Long Range Yacht |
| Key market players worldwide | Azimut Holding SPA, Sanlorenzo SpA Ordinary Shares, Viking Therapeutics Inc, Damen Shipyards, Heesen Yachts, Sunseeker International, Princess Yachts International, Ferretti Group, Alexander Marine |
Other key industry trends
- In terms of revenue, Canada accounted for 4.5% of the yacht market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. yacht market is projected to lead the regional market in terms of revenue in 2033.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 346.6 million by 2033.
The yacht market expansion in Canada can be attributed to various factors, including the country's vast coastline, numerous lakes, and rivers, which provide ample opportunities for boating and water-based leisure activities.
Remarkably, for every 1,000 inhabitants, Canadians possess an impressive 234 boats. A total population of nearly 37 million translates to an extensive fleet of approximately 8.6 million boats under their ownership. This data highlights the strong affinity that Canadians have for boating and indicates significant market potential in the yacht industry within the Canadian market.
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Publish Date: Aug 22, 2024
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Yacht Market Scope
Yacht Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Viking Therapeutics Inc | View profile | 28 | 9920 Pacific Heights Boulevard, Suite 350, San Diego, CA, United States, 92121 | www.vikingtherapeutics.com |
| Azimut Holding SPA | View profile | 1,657 | Via Cusani 4, Milan, Italy, 20121 | www.azimut.it |
| Sanlorenzo SpA Ordinary Shares | View profile | 1,211 | Via Armezzone, 3, Cantieri Navali di Ameglia, Ameglia, Italy, 19031 | www.sanlorenzoyacht.com |
| Ferretti Group | View profile | 5001-10000 | Forlì, Emilia-Romagna, Italy, Europe | www.ferrettigroup.com |
| Damen Shipyards | View profile | 1001-5000 | Gorinchem, Zuid-Holland, The Netherlands, Europe | www.damen.com |
| Heesen Yachts | View profile | 101-250 | Oss, Noord-Brabant, The Netherlands, Europe | www.heesenyachts.com |
| Sunseeker International | View profile | 1001-5000 | Poole, Dorset, United Kingdom, Europe | www.sunseeker.com |
| Princess Yachts International | View profile | 1001-5000 | Plymouth, Plymouth, United Kingdom, Europe | www.princessyachts.com |
| Alexander Marine | View profile | 501-1000 | Kaohsiung, T'ai-wan, Taiwan, Asia | oceanalexander.com/ |
Canada Yacht 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 Yacht Market Outlook will help companies and investors design strategic landscapes.
Super Yacht was the largest segment with a revenue share of 31.2% in 2025.
Horizon Databook has segmented the Canada yacht market based on super yacht, flybridge yacht, sport yacht, long range yacht covering the revenue growth of each sub-segment from 2021 to 2033.
The yacht market expansion in Canada can be attributed to various factors, including the country's vast coastline, numerous lakes, and rivers, which provide ample opportunities for boating and water-based leisure activities.
Remarkably, for every 1,000 inhabitants, Canadians possess an impressive 234 boats. A total population of nearly 37 million translates to an extensive fleet of approximately 8.6 million boats under their ownership. This data highlights the strong affinity that Canadians have for boating and indicates significant market potential in the yacht industry within the Canadian market.
- Canada Yacht Market Type Outlook (Revenue, USD Million , 2021-2033)
- Super Yacht
- Flybridge Yacht
- Sport Yacht
- Long Range Yacht
- Others
- Canada Yacht Market Length Outlook (Revenue, USD Million , 2021-2033)
- Upto 20 m
- 20 to 50 m
- Above 50 m
- Canada Yacht Market Propulsion Outlook (Revenue, USD Million , 2021-2033)
- Motor Yacht
- Sailing Yacht
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Yacht Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Yacht Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Canada Yacht Market, 2021-2033 (US$M)
Canada yacht market statistics, by type, 2021-2033 (US$M)
