Global $57.92 Billion Leisure Boat Market to 2028: New Leisure Boats, Used Leisure Boats, & Monitoring Equipment
Share this article Share this article ResearchAndMarkets.com's offering. The global leisure boat market size is expected to reach USD 57.92 billion by 2028, expanding at a CAGR of 4.5% from 2021 to 2028 The increasing popularity of marine and coastal tourism, coupled with the growing inclination toward yachting as a recreational activity, is a primary factor driving the market. Although the ongoing Covid-19 pandemic has proved to be a major hindrance for the market, the gradual re-opening of the economies and eased restrictions are paving the way to bring the market back on track. Besides, t...