Boat rental market

According to the report published by Allied Market Research, the global boat rental market generated $18.2 billion in 2021 and is expected to reach $31.2 billion by 2031, growing at a CAGR of 5.7% between 2022 and 2031.

🔰 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 – https://www.alliedmarketresearch.com/request-sample/A08443

The report offers a detailed analysis of the most successful strategies, evolving market trends, market size and estimates, value chain, key investment areas, drivers and opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in adopting necessary strategies for the future and in taking essential steps to significantly strengthen and improve their position in the market.

The growth of the global boat rental market is rapid owing to the growth of marine tourism industry worldwide, development of online platforms for boat rental services, shift to alternative energy sources, and rise in disposable income coupled with purchasing power. However, the high cost of boat rental and environmental concerns associated with boating are the factors restraining the growth of the market. Furthermore, technological advancement in boats and boat engines is expected to provide growth opportunities during the forecast period.

The report offers detailed segmentation of the global Boat Rental market based on boat type, boat size, power, activity, and region. The report offers comprehensive analysis of each segment and its respective sub-segments using graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants to determine and develop strategies based on the fastest growing segments and highest revenue generation mentioned in the report.

Based on boat type, the inboard boats segment held the dominant market share in 2021, accounting for nearly two-fifths of the global market and is expected to maintain its leadership status during the forecast period. The report also analyzes other segments such as outboard boats, sailboats, and others.

In terms of boat size, the under 30-foot segment accounted for the lion’s share in 2021, holding more than half of the global market and is expected to maintain its leadership status during the forecast period. The over 79-foot segment, on the other hand, is expected to register the fastest compound annual growth rate of 6.9% during the forecast period.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/boat-rental-market/purchase-options

At the regional level, the market across Europe accounted for the dominant market share in 2021, holding more than half of the global market and is expected to maintain its leadership status during the forecast period. The Asia Pacific region, on the other hand, is expected to register the fastest compound annual growth rate of 7.5% during the forecast period.

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

𝐆𝐄𝐓𝐌𝐘𝐁𝐎𝐀𝐓 𝐈𝐧𝐜𝐡.,
𝐆𝐫𝐨𝐮𝐩𝐞 𝐁𝐞𝐧𝐞𝐭𝐞𝐚𝐮,
𝐁𝐨𝐚𝐭𝐬𝐞𝐭𝐭𝐞𝐫, 𝐈𝐧𝐜𝐡.,
𝐆𝐥𝐨𝐛𝐞𝐬𝐚𝐧𝐝,
𝐂𝐥𝐢𝐜𝐤 & 𝐁𝐨𝐚𝐭,
𝐙𝐢𝐳𝐨𝐨𝐛𝐨𝐚𝐭𝐬 𝐆𝐦𝐛𝐞𝐧,
𝐍𝐚𝐮𝐤𝐭𝐚𝐥,
𝐒𝐚𝐢𝐥𝐨,
𝐈𝐧𝐜𝐫𝐞𝐝𝐢𝐛𝐥𝐮𝐤𝐭𝐞,
𝐁𝐨𝐚𝐭𝐣𝐮𝐦𝐩,
𝐁𝐥𝐮𝐤𝐭𝐞 𝐁𝐨𝐚𝐭 𝐘𝐚𝐜𝐡𝐭 𝐄𝐧𝐭𝐞𝐫𝐭𝐚𝐢𝐧𝐦𝐞𝐧𝐭 𝐂 𝐨𝐦𝐩𝐚𝐧𝐲,
𝐁𝐫𝐮𝐧𝐝 𝐠𝐥𝐞𝐢𝐜𝐡.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐚 𝐈𝐧𝐪𝐮𝐤𝐫𝐞 https://www.alliedmarketresearch.com/purchase-enquiry/A08443

𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐒𝐜𝐞𝐧𝐚𝐫𝐢𝐨:

➤The COVID-19 pandemic had a negative impact on the growth of the global boat rental market due to the lockdowns imposed by the governments of various countries around the world.
➤Due to the lockdowns, all modes of transportation, including aircraft, land and water transport, were shut down, which negatively impacted the market growth.
➤This was mainly due to the government’s strict social distancing restrictions to contain the spread of the virus during the pandemic.
➤In addition, the closure of boat and yacht manufacturing plants during the pandemic exacerbated the impact on the market. However, the market is expected to recover soon.

𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞 𝐨𝐧 𝐁𝐨𝐚𝐭 𝐈𝐧 𝐝𝐮𝐤𝐭𝐫:

https://www.alliedmarketresearch.com/yacht-rental-market-A07805 – Global Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/tourism-vehicle-rental-market-A09114 – Global Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/electric-boat-market-A08766 – Global Opportunity Analysis and Industry Forecast, 2021-2031

https://www.alliedmarketresearch.com/pontoon-boat-market-A12262 – Global Opportunity Analysis and Industry Forecast, 2023-2032

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
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𝐀𝐛𝐨𝐮𝐤𝐭 𝐔𝐬
Allied Market Research (AMR) is a full-service market research and business consulting arm of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides unmatched quality “Market Research Reports” and “Business Intelligence Solutions” to global corporations, medium and small businesses. AMR has a targeted approach to provide its clients with business insights and consulting to help them make strategic business decisions and achieve sustainable growth in their respective market space.

We have professional business relationships with various companies, which helps us in sourcing market data that helps us in creating precise research data tables and confirms the utmost accuracy in our market forecasts. Pawan Kumar, CEO, Allied Market Research, is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality data and help clients succeed in every possible way. All the data included in the reports published by us is acquired through primary interviews with top officials of leading companies in the concerned industry. Our methodology for sourcing secondary data includes extensive online and offline research and discussions with knowledgeable professionals and analysts of the industry.

This press release was published on openPR.