Middle East & Africa Yacht Market Size & Outlook, 2026-2033
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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 2025 | USD 555.4 million |
| Market revenue in 2033 | USD 703.0 million |
| Growth rate | 3% (CAGR from 2026 to 2033) |
| Largest segment | Super yacht |
| Fastest growing segment | Sport Yacht |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 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, MEA region accounted for 5.4% of the 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.
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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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/ |
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 Outlook 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.
- Middle East & Africa Yacht Market Type Outlook (Revenue, USD Million , 2021-2033)
- Super Yacht
- Flybridge Yacht
- Sport Yacht
- Long Range Yacht
- Others
- Middle East & Africa Yacht Market Length Outlook (Revenue, USD Million , 2021-2033)
- Upto 20 m
- 20 to 50 m
- Above 50 m
- Middle East & Africa Yacht Market Propulsion Outlook (Revenue, USD Million , 2021-2033)
- Motor Yacht
- Sailing Yacht
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Yacht Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Yacht Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Middle East Africa Yacht Market, 2021-2033 (US$M)
MEA yacht market statistics, by type, 2021-2033 (US$M)
