Yacht Market: Industry Analysis and Forecast (2024-2030)

A yacht is a sailing or power vessel used for pleasure, cruising, or racing. Yachts are categorized into several types, including superyachts, motor yachts, sailing yachts and catamarans. The market for yachts is an intriguing and multifaceted sector that has witnessed multiple trends and shifts in the past few years. The yacht industry is a symbol of opulence and leisure, from luxury superyachts to more accessible recreational vessels. The market provides a diverse range of offerings that cater to different consumer segments. As per the research, the market has seen rapid growth over the years, which is majorly driven by the rising interest in yachting as a leisure activity.