Global recreational boats market is expected to register a steady CAGR of 4.50% in the forecast period of 2019-2026. This report includes the data of base year 2018 and historic year of 2017. This rise in market value can be attributed to the increasing tourism in the global economy.
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As per the report, growing government support for the boating industry in Australia and Canada is a key driver for industry demand. Governments in these regions are making substantial investments in the tourism sector, which will increase the demand for recreational boating. In February 2021, the British Columbia government announced an investment of over USD 20 million for 54 projects to revive the tourism sector affected by the COVID-19 pandemic.
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Aquatic recreational activities have increasingly become a trend in recent years, fueled new growth opportunities in recreational boating market. Numerous water recreational activities such as duck hunting, skin diving, water skiing, and fishing are gaining tremendous popularity. The prevalence of water recreational activities has inherently surged lately, due to rising disposable income and increasing urbanization. Consequently, this has generated prominent growth opportunities for recreational boat manufacturers.
Based on product, the leisure boats industry is divided into cruiser, catamaran, bowrider, sailboat, yacht, and pontoon. Of these, the bowrider leisure boats segment is likely to grow over the forecast timeframe owing to increased usage of bowrider boats, as well as the availability of these boats in an extensive range of options, right from 18 to 35 feet. Bowrider boats are also available in hybrid fish-and-ski models.
Recreational Boats Market by Boat Type (Outboard boats, Inboard boats/stern type, Sail boats/Yachts, Personal Watercraft, Inflatable), Power source, Activity Type (Watersports+Cruising, Fishing), Distribution Channel, and Region - Global Forecast to 2027
Recreational boats are the type of craft boats which are designed for pleasure activities on the water surface with family and friends. The materials used in the construction of the boats consist of coated fabric, aluminum and plastics. Also, it includes many water sports such as sailing, boat racing and fishing.
Global boat repairing market size is expected to reach $9.51 Bn by 2028 at a rate of 9.3%, segmented as by type, recreational boats, commercial boats, military boats, other types
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Global personal watercraft market size is expected to reach $3.21 Bn by 2028 at a rate of 6.6%, segmented as by watercraft type, recreational watercraft, muscle watercraft, luxury watercraft, performance watercraft, sports watercraft
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Complete report on leisure boat industry spread across 78 pages with providing 4 company profiles with 46 charts is now available at http://www.marketreportsonline.com/582442.html.
The global leisure boat market size reached US$ 41.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 52.4 Billion by 2027, exhibiting a growth rate (CAGR) of 4% during 2022-2027. More info: https://www.imarcgroup.com/leisure-boat-market
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Boat Charter is a great source for the perfect fun and excitement for any get-together with your friends and family. It comes as an option to spend a great time and also works well for occasions such as weddings and reunions, and formal events such as success parties or even executive meetings. Boat charters are fun yet great way to spend time in the middle of the water of the sea or lake. Are you thinking of Boat Charters and wondering what is available or what to look for? Then this will help you out while enlightening on boat charters. https://chartersandtoursinfl.wordpress.com/2021/03/06/a-simple-yet-definite-guide-on-boat-charters-and-rentals/
The major players covered in the global boat repairing market are Brunswick, Riviera, Holyhead Boatyard, Ancasta International Boat Sales, Survitec Survival Craft, Daewoo Shipbuilding & Marine Engineering. Read More @ https://bit.ly/35lmapg
The major players covered in the global boat building market are Armstrong Marine USA Inc., Brunswick Corporation (BC), Survitec Group, Ancasta International Boat Sales Ltd. Read More @ https://bit.ly/36x2Dl4
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This is how you do a pre-purchase boat survey. original article appeared on https://www.boat-alert.com/blog/this-is-how-you-do-a-pre-purchase-boat-survey/
Asia Pacific was the largest geographic region accounting for 38% of the global market. China was the largest country accounting for 20% of the global travel trailer and camper market. Read Report https://www.thebusinessresearchcompany.com/report/travel-trailer-and-camper-global-market-report-2018
The travel trailer and camper market expected to reach a value of nearly $103.77 billion by 2022, significantly growing at a CAGR of 11.5% during the forecast period. Read more at http://bit.ly/2IbM4Q7
A recent report published by The Business Research Company on Travel Trailer And Camper Market provides in-depth analysis of segments and sub-segments in the global as well as regional. http://bit.ly/3dKXEjV
A recent report published by The Business Research Company on Industrial Gas Global Market provides in-depth analysis of segments and sub-segments in the global as well as regional.
The global travel trailer and camper market is expected to grow from $88.51 billion in 2020 to $92.93 billion in 2021 at a compound annual growth rate (CAGR) of 5%.
A recent report published by The Business Research Company on Industrial Gas Global Market provides in-depth analysis of segments and sub-segments in the global as well as regional.
TBRC’s report also researches and evaluates the impact of covid-19 outbreak on “Travel Trailer And Camper Industry”, involving potential opportunity and challenges. https://bit.ly/2AJJosD
A recent report published by The Business Research Company on Travel Trailer And Camper Market provides in-depth analysis of segments and sub-segments in the global as well as regional. https://bit.ly/3dKXEjV
A recent report published by TheBusinessResearchCompany on Travel Trailer And Camper Market provides in-depth analysis of segments and sub-segments in the global as well as regional. http://bit.ly/2O7jbIF
Latest research report “Travel Trailer And Camper Market” published by TBRC provides Market Analysis Forecast, Size, Trends, Key Players, Segments and Growth. Read Full Report: http://bit.ly/2ZkcvJM Download a Sample Copy: http://bit.ly/2MnlNzu
Latest research report “Travel Trailer And Camper Market” published by TBRC provides Market Analysis Forecast, Size, Trends, Key Players, Segments and Growth. Read Full Report @ http://bit.ly/2ZkcvJM Get Free Sample Copy @ http://bit.ly/2MnlNzu
The Business Research Company’s Boat Building And Repairing Global Market Report 2019 covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. http://bit.ly/2LYoudD
The travel trailer and camper market size is expected to reach a higher value by 2022, significantly growing at a steady CAGR during the forecast period.
The Business Research Company adds a report “Travel Trailer And Camper Global Market Report 2019” under its Travel Trailer And Camper category. The report covers market characteristics, key players, market size and trends from 2019 to 2022. Read Report: https://www.thebusinessresearchcompany.com/report/travel-trailer-and-camper-global-market-report
The Business Research Company adds a report “Ship And Boat Building And Repairing Global Market Report 2019” under its Ship And Boat Building And Repairing category. The report covers market characteristics, key players, market size and trends from 2019 to 2022. Read Report: https://www.thebusinessresearchcompany.com/report/ship-and-boat-building-and-repairing-global-market-report
The ship and boat building and repairing market size is expected to reach $250 billion by 2022, significantly growing at a CAGR of around 3% during the forecast period. Read more at https://bit.ly/2V2rre2
Purpose of ARB Regulation. California has the worst air quality in the nation. CARB develops regulations to comply with the federal Clean Air Act requirements
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