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Recreational Boating Market Share

Report ID: GMI2076
Published Date: Jun 2024
Report Format: PDF

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Recreational Boating Market Share

Brunswick Corporation, Yamaha and Groupe BENETEAU holds significant market share of over 13% market share in recreational boating industry. Brunswick Corporation, a leader in marine engines and boats, offers a broad range of products from well-known brands like Mercury Marine and Sea Ray. Yamaha is renowned for its reliable marine outboard motors and boats, leveraging its extensive experience in precision engineering.

Groupe BENETEAU, a significant name in luxury and leisure boating, is known for its diverse fleet, including sailboats and motorboats, catering to high-end clientele. These companies' substantial market presence highlights their strong brand recognition, innovative product offerings, and ability to meet the diverse needs of boating enthusiasts globally.

Recreational Boating Market Companies

Major players operating in the recreational boating industry are:

Brunswick Corporation
Ferretti S.P.A.
Groupe BENETEAU
Malibu Boats, Inc.
MasterCraft Boat Company, Inc.
Polaris Inc.
Yamaha

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of recreational boating reached USD 39.7 billion in 2023 and is set to witness over 10% between 2024 and 2032, led by increasing disposable incomes and the rising interest in outdoor leisure activities.

The outboard boats segment held over 60% share in 2023, owing to their versatility and ease of maintenance.

North America market accounted for 60% revenue share in 2023 and will attain 62% share by 2032, driven by the rise in disposable incomes and growing leisure tourism.

Klarna Inc, Afterpay Limited, Affirm Holdings Inc, PayPal Holdings Inc, Sezzle, Splitit Payments Ltd, Zip Brunswick Corporation, Ferretti S.P.A, Groupe BENETEAU, Malibu Boats, Inc, MasterCraft Boat Company, Inc, Polaris Inc, and Yamaha among others.