Allied Market Research

Yacht Charter Market: Global Industry Analysis and Opportunity Assessment 2017-2023

Yacht Charter Market, Industry Statistics, Economic Report, Market Analysis, Trends

 

Portland, OR -- (SBWIRE) -- 09/12/2017 -- Yacht charting refers to the practice of renting a yacht to travel to island destinations as it provides all the luxury comforts one would need. They are hired for vacation and corporate purposes. The two main kinds of charters are bareboat and crewed. They are also employed for sailing purposes. It offers all the benefits, from absolute relaxation to amazing adventures. Chartering a yacht allows one to explore a variety of destinations that offer all the comforts.

The key factors that drive the growth of the market are an increase in the demand for leisure activities due to a rise in disposable income and hectic lifestyles. The ease of booking a yacht has led to a rise in the popularity of yacht vacations among the youth to celebrate events in luxury, which will boost the market growth. However, yacht charting is quite expensive, which acts as a restraint for the market growth.

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Irrespective of these challenges, the rising popularity of boats and the increasing preference for luxurious & large sized yachts that can accommodate large groups will further propel the market growth in future.

The market segmentation is based on yacht type and size. By yacht size, it is bifurcated into motor yacht (displacement, semi displacement, planing, catamaran, & trimaran) and sailing yacht (sloop, schooner, catamaran, & ketch). By yacht size, it is classified into large (over 50m), medium (30-50m), and small (up to 30m). Geographically, it has been analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Prominent players profiled in the report include Sailogy S.A., The Moorings, Fun2 Rent, Incrediblue Limited, Boatbound Inc. Fraser Escape Bareboat Charters, Yachtico Inc., Princess Yacht Charter, Boatbookings, Zizooboats GmbH, and Antlos S.r.l.,

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Key Benefits

This report provides an extensive analysis of the current & emerging market trends and dynamics in the yacht charter market.

In-depth analysis has been carried out by constructing market estimations for key market segments between 2017 and 2023.

Yacht Charter Market Key Segments:

Yacht Type

- Motor Yacht
o Displacement
o Semi Displacement
o Planning
o Catamaran
o Trimaran

- Sailing Yacht
o Sloop
o Schooner
o Catamaran
o Ketch

Yacht Size

- Large (over 50M)
- Medium (30-50M)
- Small (up to 30M)

Geography

- Europe
o UK
o Germany
o France
o Russia
o Rest of Europe
- LAMEA
o Latin America
o The Middle East
o Africa

Key Players In The Value Chain
- Sailogy S.A.
- The Moorings
- Fun2 Rent
- Incrediblue Limited

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