Yacht Charter - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Yacht Charter Market is accounted for $15.36 billion in 2019 and is expected to reach $27.00 billion by 2027 growing at a CAGR of 7.3% during the forecast period. Increase in inclination toward marine tourism and growth in several private islands on cruise itineraries are some of the major factors driving the growth of the market. However, natural calamities and high cost associated with yacht charter are hampering the growth of the market.
Yachts can be privately owned (individual or by a company) or can be lent for chartering. The yachts charter is a motor-driven or sail-driven vessel that is primarily used for recreational purposes. Many luxury yacht manufacturers also provide yachts for renting as well as personal purpose to provide a seamless extravagance experience with high standards and comforts. It provides several advantages, from complete recreation to astonishing adventures. Yacht owners generally rent their yachts when they will not be using them, as it will cover some of the maintenance expenditure.
Based on the type, the sailing yachts segment is going to have a lucrative growth during the forecast period owing to the rise in demand for eco-friendly yachts among yacht enthusiasts as they are getting aware of the unfavourable effects yachting can have on the environment. Fuel pollution is one of the damaging by-products in the modern era, and a substantial amount of this comes from the yachting industry. Therefore, sailing yachts use a small amount of fuel as a comparison to motor yachts. Besides, sailing yachts are less costly and can go much further distances than motor yachts.
By geography, Europe is anticipated to hold considerable market share during the forecast period owing to the high demand from areas surrounding the Mediterranean Sea. The yacht charter market in Europe has been expanding, owing to the high preference for nautical tourism in the region. Croatia and Greece, together, held a major share of the yacht charter market in Europe, due to scenic coastlines and rise in nautical tourism in these countries.
Some of the key players profiled in the Yacht Charter Market include Boat International Media Ltd., Boatbound Inc., Burgess, Charter Yachts Australia, CharterWorld LLP, Dream Yacht Charter, Fairline Yacht, Fraser Yacht, Incrediblue Ltd., Inter Yacht Charter, Mertello Yachting and Company, Nicholson Yachts, and Northrop & Johnson.
Types Covered:
• Sailing Yachts
• Motor Yachts
Contract Type Covered:
• Bareboat Charter
• Skippered Charter
• Crewed Charter
Sizes Covered:
• Small
• Medium
• Large
Sub-Types Covered:
• Classic
• Open
• Large
Customers Covered:
• Corporate
• Retail
Applications Covered:
• Vacation/ Leisure
• Sailing
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Yacht Charter Market, By Type
5.1 Introduction
5.2 Sailing Yachts
5.2.1 Schooner
5.2.2 Sloop
5.2.3 Ketch
5.2.4 Catamaran
5.3 Motor Yachts
5.3.1 Semi-Displacement
5.3.2 Displacement
5.3.3 Planing
5.3.4 Catamaran
5.3.5 Trimaran
6 Global Yacht Charter Market, By Contract Type
6.1 Introduction
6.2 Bareboat Charter
6.3 Skippered Charter
6.4 Crewed Charter
7 Global Yacht Charter Market, By Size
7.1 Introduction
7.2 Small (<30M)
7.3 Medium (30-50M)
7.4 Large (>50M)
8 Global Yacht Charter Market, By Sub-Type
8.1 Introduction
8.2 Classic
8.3 Open
8.4 Large
9 Global Yacht Charter Market, By Customer
9.1 Introduction
9.2 Corporate
9.3 Retail
9.3.1 Couple
9.3.2 Family/Group
9.3.3 Individual
10 Global Yacht Charter Market, By Application
10.1 Introduction
10.2 Vacation/ Leisure
10.3 Sailing
11 Global Yacht Charter Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Boat International Media Ltd
13.2 Boatbound Inc
13.3 Burgess
13.4 Charter Yachts Australia
13.5 CharterWorld LLP
13.6 Dream Yacht Charter
13.7 Fairline Yacht
13.8 Fraser Yacht
13.9 Incrediblue Ltd
13.10 Inter Yacht Charter
13.11 Mertello Yachting and Company
13.12 Nicholson Yachts
13.13 Northrop & Johnson
List of Tables
1 Global Yacht Charter Market Outlook, By Region (2018-2027) ($MN)
2 Global Yacht Charter Market Outlook, By Type (2018-2027) ($MN)
3 Global Yacht Charter Market Outlook, By Sailing Yachts (2018-2027) ($MN)
4 Global Yacht Charter Market Outlook, By Schooner (2018-2027) ($MN)
5 Global Yacht Charter Market Outlook, By Sloop (2018-2027) ($MN)
6 Global Yacht Charter Market Outlook, By Ketch (2018-2027) ($MN)
7 Global Yacht Charter Market Outlook, By Catamaran (2018-2027) ($MN)
8 Global Yacht Charter Market Outlook, By Motor Yachts (2018-2027) ($MN)
9 Global Yacht Charter Market Outlook, By Semi-Displacement (2018-2027) ($MN)
10 Global Yacht Charter Market Outlook, By Displacement (2018-2027) ($MN)
11 Global Yacht Charter Market Outlook, By Planing (2018-2027) ($MN)
12 Global Yacht Charter Market Outlook, By Catamaran (2018-2027) ($MN)
13 Global Yacht Charter Market Outlook, By Trimaran (2018-2027) ($MN)
14 Global Yacht Charter Market Outlook, By Contract Type (2018-2027) ($MN)
15 Global Yacht Charter Market Outlook, By Bareboat Charter (2018-2027) ($MN)
16 Global Yacht Charter Market Outlook, By Skippered Charter (2018-2027) ($MN)
17 Global Yacht Charter Market Outlook, By Crewed Charter (2018-2027) ($MN)
18 Global Yacht Charter Market Outlook, By Size (2018-2027) ($MN)
19 Global Yacht Charter Market Outlook, By Small (<30M) (2018-2027) ($MN)
20 Global Yacht Charter Market Outlook, By Medium (30-50M) (2018-2027) ($MN)
21 Global Yacht Charter Market Outlook, By Large (>50M) (2018-2027) ($MN)
22 Global Yacht Charter Market Outlook, By Sub-Type (2018-2027) ($MN)
23 Global Yacht Charter Market Outlook, By Classic (2018-2027) ($MN)
24 Global Yacht Charter Market Outlook, By Open (2018-2027) ($MN)
25 Global Yacht Charter Market Outlook, By Large (2018-2027) ($MN)
26 Global Yacht Charter Market Outlook, By Customer (2018-2027) ($MN)
27 Global Yacht Charter Market Outlook, By Corporate (2018-2027) ($MN)
28 Global Yacht Charter Market Outlook, By Retail (2018-2027) ($MN)
29 Global Yacht Charter Market Outlook, By Couple (2018-2027) ($MN)
30 Global Yacht Charter Market Outlook, By Family/Group (2018-2027) ($MN)
31 Global Yacht Charter Market Outlook, By Individual (2018-2027) ($MN)
32 Global Yacht Charter Market Outlook, By Application (2018-2027) ($MN)
33 Global Yacht Charter Market Outlook, By Vacation/ Leisure (2018-2027) ($MN)
34 Global Yacht Charter Market Outlook, By Sailing (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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