Middle East & Africa Yacht Market Size & Outlook, 2026-2033

The yacht market in Middle East & Africa is expected to reach a projected revenue of US$ 703.0 million by 2033. A compound annual growth rate of 2.9% is expected of Middle East & Africa yacht market from 2026 to 2033.
Revenue, 2025 (US$M)
$555.4
Forecast, 2033 (US$M)
$703.0
CAGR, 2026 - 2033
2.9%
Report Coverage
Middle East & Africa

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Middle East & Africa yacht market, 2021-2033 (US$M)

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MEA yacht market highlights

  • The MEA yacht market generated a revenue of USD 555.4 million in 2025.
  • The market is expected to grow at a CAGR of 3% 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.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2026 to 2033.


MEA data book summary

Market revenue in 2025USD 555.4 million
Market revenue in 2033USD 703.0 million
Growth rate3% (CAGR from 2026 to 2033)
Largest segmentSuper yacht
Fastest growing segmentSport Yacht
Historical data covered2021 - 2024
Base year for estimation2025
Forecast period covered2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationSuper Yacht, Flybridge Yacht, Sport Yacht, Long Range Yacht
Key market players worldwideAzimut 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, MEA region accounted for 5.4% of the global yacht market in 2025.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2033.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 3,137.7 million by 2033.

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Yacht Market Companies

Name Profile # Employees HQ Website
Alexander Marine View profile 501-1000 Kaohsiung, T'ai-wan, Taiwan, Asia https://oceanalexander.com/
Princess Yachts International View profile 1001-5000 Plymouth, Plymouth, United Kingdom, Europe https://www.princessyachts.com
Sunseeker International View profile 1001-5000 Poole, Dorset, United Kingdom, Europe https://www.sunseeker.com
Heesen Yachts View profile 101-250 Oss, Noord-Brabant, The Netherlands, Europe https://www.heesenyachts.com
Damen Shipyards View profile 1001-5000 Gorinchem, Zuid-Holland, The Netherlands, Europe http://www.damen.com
Ferretti Group View profile 5001-10000 Forlì, Emilia-Romagna, Italy, Europe http://www.ferrettigroup.com
Sanlorenzo SpA Ordinary Shares View profile 1211 Via Armezzone, 3, Cantieri Navali di Ameglia, Ameglia, Italy, 19031 http://www.sanlorenzoyacht.com
Azimut Holding SPA View profile 1657 Via Cusani 4, Milan, Italy, 20121 https://www.azimut.it
Viking Therapeutics Inc View profile 28 9920 Pacific Heights Boulevard, Suite 350, San Diego, CA, United States, 92121 https://www.vikingtherapeutics.com

Middle East & Africa 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 will help companies and investors design strategic landscapes.


Super yacht was the largest segment with a revenue share of 31.29% in 2025. Horizon Databook has segmented the Middle East & Africa 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 progression of the yacht charter market is positively influenced by rising per capita income levels. Several economies in Sub-Saharan Africa, particularly Ethiopia and Rwanda, have experienced rapid growth.

According to the World Bank, Ethiopia is Africa's second most densely populated country. It has emerged as the fastest-growing economy in the region, with a notable 6.3% growth in the financial year from 2020 to 2021.

Conversely, Rwanda has achieved steady economic growth, supported by the International Monetary Fund and the World Bank. The country's financial sector has remained stable, boasting a capital-adequacy ratio of 26.3% in 2021.

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Target buyers of Middle East & Africa yacht market databook

  • Our clientele includes a mix of yacht market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa yacht market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa yacht market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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MEA yacht market size, by country, 2021-2033 (US$M)

Middle East & Africa Yacht Market Outlook Share, 2025 & 2033 (US$M)

MEA yacht market size, by country, 2021-2033 (US$M)

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