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Yacht Charter Market by Type (Motorized yacht, Sailing Yacht and Others), Size [Small (up to 30m), Medium (30m-50m), Large (over 50m)] and Application (Vacation/Leisure, Sailing and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A02553
Pages: 231
Sep 2020 | 10165 Views
 
Author(s) : Akshay Jadhav & Abhay Singh
Tables: 102
Charts: 53
 

COVID-19

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Yacht Charter Market Outlook 2021-2027:

The global yacht charter market was valued at $15,205.24 million in 2018, and is projected to reach $27,793.57 million by 2027, registering a CAGR of 15.0%. 

The yachts charter is basically a motor driven or sail driven vessels that are primarily used for recreational purposes. Yachts can be privately owned (individual or by a company) or can be rented for chartering.

The luxurious facilities are fitted in yacht that come with large, luxurious, professionally crewed motors or sailing yachts with varying length from 75 feet and expanding to more than 250 feet. 

Yacht-Charter-Market-2020-2027

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Many luxury yacht manufacturers also provide yachts for renting as well as private purpose to provide seamless luxury experience with high standard and comfort. Due to increase in inclination toward marine tourism and water sports, OEMs are strategically focusing on developing high-speed yachts to cater to the high demand from the customers.

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 yacht charter market trends are decided on the basis of forecast from 2020 to 2027.

COVID Impact Analysis: With the advent in COVID-19 pandemic across the globe, the yacht charter market has been affected as the yacht manufacturing units have been shut down due to the imposed lockdown in major countries across the globe. In addition, the unavailability of skilled labor has affected the market growth. However, the yacht charter market in Africa is expected to register a significant growth in the near future, owing to its rising adoptions in chartering activities.

The growth of the yacht charter market is driven by increase in number of private islands on cruise itineraries, use of alternative source of energy, improvised purchasing power across the globe, and increase in number of high net worth individuals. Furthermore, increase in demand for leisure activities due to 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 is estimated to boost the market growth. 

Natural calamities and high cost associated with yacht charter are the key restraining factors of this market. Moreover, increased involvement of intermediaries & hybrid business models, rapid changes in yacht infrastructure and yacht tourism, are expected to boost the demand for yachts charter in the upcoming years. In addition, rise in popularity of boats and the increasing preference for luxurious & large-sized yachts that can accommodate large groups will further propel the yacht charter market growth in future.

Yacht Charter Market
By type

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Motor by type segment is projected as the most lucrative segments

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The global yacht charter market is segmented based on size, type, and application. Based on size, the yacht charter market is segmented into large (over 50 m), medium (30m to 50 m) and small (up to 30m).

Based on type, the market is divided into sailing yacht, motorized yacht, and others (inflatable boat, Catamaran, gullet) and on the basis of application, the market is further divided into vacation/ leisure, sailing, and others. Based on region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

Yacht Charter Market
By Size

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Large by Size segment is projected as the most lucrative segments

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Some of the key players in the yacht charter market are Sailogy S.A., Yachtico Inc., Zizooboats GmbH, Fraser Yacht, Boatsetter, Northrop & Johnson, Nautal, Martello Yachting And Company, Princess Yacht
limited and Charter Yachts Australia.

Increase in number of private islands on cruise itineraries

There is a strong trend toward renewing the marine fleets and they have increased by about 7% globally. Moreover, the adventure travel is growing at a rapid pace and cruise expeditions are witnessing its impact. As per BRL Consultants, there are 25 expedition cruise ships on order, most of which have been contracted in 2017. Furthermore, the number of cruise builders are investing in land-based private islands that allow cruise lines to offer customers exclusive beach time as an extension of the onboard experience. In addition, in 2017, cruise lines offered ports on a total of seven private islands. For instance, MSC with Ocean Cay in the Bahamas, Norwegian Cruise Lines owns a private island in the Bahamas, Great Stirrup Cay, which is used as a port-of-call on certain itineraries. Such rising trend from the millionaires along with the increase in add-on services will boost the demand for the yacht charter industry in future.

Yacht Charter Market
By Application

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Others by application segment is projected as the most lucrative segments

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High cost associated with yacht charter

Yachts have a base price, which is the weekly rate to rent the boat. The cost of a yacht charter is dependent on a number of factors, including the type of yacht, the charter destination, local taxes, and the base cost.  Therefore, yacht charters have a wide range of base prices. Moreover, the charters can cost from $10,000 per week on smaller sailing yachts and catamarans, up to $150,000+ per week on the most luxurious motor superyachts. In addition, it also has hidden cost coupled with the Taxes and Value Added Tax (VAT), Insurance, Crew Gratuity, Advanced Provisioning Allowance and others that are not mandatory but cost roughly 15-30% of the base price and is collected prior to charter, and it’s similar to an expense account that the captain can access during the charter. Such cost is barrier to many developing countries customers, which further restrains the growth of the yacht charter market.

Increased Involvement of Intermediaries & hybrid business models

Increased involvement of the brokers in the yacht charter market is also a growing trend in the yacht industry as there is an increase in the number of buyers and charters. Their job majorly includes arranging viewings, negotiating the terms of sale, handling the paperwork and collecting and distributing the sale price. Also, the medium through which the customer can actually view the real insights of yachts through tablets and phones are attracting customers to rent the yacht. Furthermore, yachts are entering into leisure and hospitality markets. For instance, the Ritz-Carlton group has announced “The Ritz-Carlton Yacht Collection” starting from May 2018 that includes innovative duplex suites, a spa, a signature restaurant, and a bar. A number of lines are creating a new category of cruise, small-ship vacations and luxury vessels. Such involvement will boost the yacht charter market growth in near future.

Yacht Charter Market
By region

2027
Europe 
North America
Asia-pacific
Lamea

Asia-Pacific by region segment is projected as the most lucrative segments

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Key Benefits For Stakeholders

  • This study presents analytical depiction of the yacht charter market analysis along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities of the market with a detailed impact analysis.
  • The current yacht charter market size is quantitatively analyzed from 2018 to 2027 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the yacht charter industry.

Key Market Segments

By Type

  • Motorized Yacht
  • Sailing Yacht
  • Others

By Size

  • Small (up to 30m)
  • Medium(30m-50m)
  • Large (over 50m)

By Application

  • Vacation/ Leisure
  • Sailing
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • Italy
    • Netherlands
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies

3.3.Porter’s five forces analysis
3.4.Top player positioning, 2019
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Increase in number of private islands on cruise itineraries
3.5.1.2.Shift toward alternative sources of energy and rising disposable income coupled with purchasing power
3.5.1.3.Increase in number of high net worth individuals to augment market growth

3.5.2.Restraints

3.5.2.1.High cost associated with yacht charter

3.5.3.Opportunities

3.5.3.1.Increased involvement of intermediaries & hybrid business models
3.5.3.2.Change in yacht infrastructure
3.5.3.3.Yacht tourism to boost the demand for yachts charter in the upcoming years

3.6.Yacht Industry Analysis

3.6.1.Charter Market for Large Yachts
3.6.2.Build Supervision

3.6.2.1.Industry Overview
3.6.2.2.Key player analysis

3.6.3.Hull finishes on mega yachts

3.6.3.1.List of painting companies
3.6.3.2.List of yacht painting companies from Italy, Greece, Croatia, Turkey

3.6.4.Interiors for Mega Yachts

3.6.4.1.List of painting companies
3.6.4.2.List of key players offering interiors from Italy, Turkey, Greece, Slovenia, Croatia

3.6.5.Yacht management

3.6.5.1.Industry overview

3.6.5.2.Prices

3.6.5.3.Companies offering services

3.6.6.Best Flag
3.6.7.Tax Paradise

CHAPTER 4:YACHT CHARTER MARKET, BY SIZE

4.1.Overview
4.2.Small (Up to 30m)

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Medium (30m-50m)

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Large (Over 50m)

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

CHAPTER 5:YACHT CHARTER MARKET, BY TYPE

5.1.Overview
5.2.Motor Yacht

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Sailing yacht

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Other yacht

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

CHAPTER 6:YACHT CHARTER MARKET, BY APPLICATION

6.1.Overview
6.2.Vacation/ Leisure

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, region
6.2.3.Market analysis, by country

6.3.Sailing

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, region
6.3.3.Market analysis, by country

6.4.Others

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, region
6.4.3.Market analysis, by country

CHAPTER 7:YACHT CHARTER MARKET, BY REGION

7.1.Overview
7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by size
7.2.3.Market size and forecast, by type
7.2.4.Market size and forecast, by application
7.2.5.Market analysis by country
7.2.6.U.S.

7.2.6.1.Market size and forecast, by size
7.2.6.2.Market size and forecast, by type
7.2.6.3.Market size and forecast, by application

7.2.7.Canada

7.2.7.1.Market size and forecast, by size
7.2.7.2.Market size and forecast, by type
7.2.7.3.Market size and forecast, by application

7.2.8.Mexico

7.2.8.1.Market size and forecast, by size
7.2.8.2.Market size and forecast, by type
7.2.8.3.Market size and forecast, by application

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by size
7.3.3.Market size and forecast, by type
7.3.4.Market size and forecast, by application
7.3.5.Market analysis by country
7.3.6.UK

7.3.6.1.Market size and forecast, by size
7.3.6.2.Market size and forecast, by type
7.3.6.3.Market size and forecast, by application

7.3.7.Germany

7.3.7.1.Market size and forecast, by size
7.3.7.2.Market size and forecast, by type
7.3.7.3.Market size and forecast, by application

7.3.8.Italy

7.3.8.1.Market size and forecast, by size
7.3.8.2.Market size and forecast, by type
7.3.8.3.Market size and forecast, by application

7.3.9.The Netherlands

7.3.9.1.Market size and forecast, by size
7.3.9.2.Market size and forecast, by type
7.3.9.3.Market size and forecast, by application

7.3.10.Rest of Europe

7.3.10.1.Market size and forecast, by size
7.3.10.2.Market size and forecast, by type
7.3.10.3.Market size and forecast, by application

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by size
7.4.3.Market size and forecast, by type
7.4.4.Market size and forecast, by application
7.4.5.Market analysis by country
7.4.6.China

7.4.6.1.Market size and forecast, by size
7.4.6.2.Market size and forecast, by type
7.4.6.3.Market size and forecast, by application

7.4.7.Japan

7.4.7.1.Market size and forecast, by size
7.4.7.2.Market size and forecast, by type
7.4.7.3.Market size and forecast, by application

7.4.8.India

7.4.8.1.Market size and forecast, by size
7.4.8.2.Market size and forecast, by type
7.4.8.3.Market size and forecast, by application

7.4.9.Australia

7.4.9.1.Market size and forecast, by size
7.4.9.2.Market size and forecast, by type
7.4.9.3.Market size and forecast, by application

7.4.10.Rest of Asia-Pacific

7.4.10.1.Market size and forecast, by size
7.4.10.2.Market size and forecast, by type
7.4.10.3.Market size and forecast, by application

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by size
7.5.3.Market size and forecast, by type
7.5.4.Market size and forecast, by application
7.5.5.Market analysis by country
7.5.6.Latin America

7.5.6.1.Market size and forecast, by size
7.5.6.2.Market size and forecast, by type
7.5.6.3.Market size and forecast, by application

7.5.7.Middle East

7.5.7.1.Market size and forecast, by size
7.5.7.2.Market size and forecast, by type
7.5.7.3.Market size and forecast, by application

7.5.8.Africa

7.5.8.1.Market size and forecast, by size
7.5.8.2.Market size and forecast, by type
7.5.8.3.Market size and forecast, by application

CHAPTER 8:COMPANY PROFILES

8.1.BOATSETTER

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Product portfolio
8.1.4.Key strategic moves and developments

8.2.CHARTER YACHTS AUSTRALIA

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Product portfolio

8.3.FRASER YACHT

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Product portfolio

8.4.MARTELLO YACHTING & COMPANY

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Product portfolio

8.5.NAUTAL

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Product portfolio

8.6.PRINCESS YACHTS LIMITED

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Product portfolio
8.6.4.Key strategic moves and developments

8.7.SAILOGY S.A.

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Product portfolio
8.7.4.Key strategic moves and developments

8.8.NORTHROP & JOHNSON

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Product portfolio
8.8.4.Key strategic moves and developments

8.9.YACHTICO INC.

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Product portfolio

8.10.ZIZOOBOATS GmbH

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Product portfolio
8.10.4.Key strategic moves and developments

LIST OF TABLES

TABLE 01.GLOBAL LARGE YACHT (49 M TO 170 M) MARKET, FOR YEAR 2019 (VOLUME)
TABLE 02.GLOBAL LARGE YACHT (49 M TO 170 M) MARKET, FOR YEAR 2019 (VALUE) ($ MILLION)
TABLE 03.MOST CHARTERED BOAT, NUMBER OF CABINS AND GENERAL ARRANGEMENT
TABLE 04.KEY PLAYER ANALYSIS
TABLE 05.LIST OF YACHT PAINTING COMPANIES
TABLE 06.LIST OF YACHT PAINTING COMPANIES FROM VARIOUS COUNTRIES
TABLE 07.LIST OF KEY PLAYERS OFFERING INTERIORS FROM VARIOUS COUNTRIES
TABLE 08.GLOBAL YACHT MARKET: PRICING ANALYSIS
TABLE 09.YACHT MANAGEMENT: COMPANIES OFFERING SERVICES
TABLE 10.WHITE, GRAY, BLACK LIST:
TABLE 11.YACHT CHARTER MARKET, BY SIZE, 2018-2027 ($MILLION)
TABLE 12.SMALL (UP TO 30 M) YACHT CHARTER MARKET, BY REGION, 2018–2027 ($MILLION)
TABLE 13.MEDIUM (30 M-50 M) YACHT CHARTER MARKET, BY REGION, 2018–2027 ($MILLION)
TABLE 14.LARGE (OVER 50 M) YACHT CHARTER MARKET, BY REGION, 2018–2027 ($MILLION)
TABLE 15.GLOBAL YACHT CHARTER MARKET, BY TYPE, 2018-2027 ($MILLION)
TABLE 16.MOTOR YACHT CHARTER MARKET, BY REGION, 2018–2027 ($MILLION)
TABLE 17.SAILING YACHT CHARTER MARKET, BY REGION, 2018–2027 ($MILLION)
TABLE 18.OTHER YACHT CHARTER MARKET, BY REGION, 2018–2027 ($MILLION)
TABLE 19.GLOBAL YACHT CHARTER MARKET, BY APPLICATION, 2018-2027 ($MILLION)
TABLE 20.YACHT CHARTER MARKET FOR VACATION/LEISURE APPLICATION, BY REGION, 2018–2027 ($MILLION)
TABLE 21.YACHT CHARTER MARKET FOR SAILING APPLICATION, BY REGION, 2018–2027 ($MILLION)
TABLE 22.YACHT CHARTER MARKETFOR OTHERS APPLICATIONS, BY REGION, 2018–2027 ($MILLION)
TABLE 23.NORTH AMERICA YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 24.NORTH AMERICA YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 25.NORTH AMERICA YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 26.U.S. YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 27.U.S. YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 28.U.S. YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 29.CANADA YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 30.CANADA YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 31.CANADA YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 32.MEXICO YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 33.MEXICO YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 34.MEXICO YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 35.EUROPE YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 36.EUROPE YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 37.EUROPE YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 38.UK YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 39.UK YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 40.UK YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 41.GERMANY YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 42.GERMANY YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 43.GERMANY YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 44.ITALY YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 45.ITALY YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 46.ITALY YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 47.THE NETHERLANDS YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 48.THE NETHERLANDS YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 49.THE NETHERLANDS YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 50.REST OF EUROPE YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 51.REST OF EUROPE YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 52.REST OF EUROPE YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 53.ASIA-PACIFIC YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 54.ASIA-PACIFIC YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 55.ASIA-PACIFIC YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 56.CHINA YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 57.CHINA YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 58.CHINA YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 59.JAPAN YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 60.JAPAN YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 61.JAPAN YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 62.INDIA YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 63.INDIA YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 64.INDIA YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 65.AUSTRALIA YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 66.AUSTRALIA YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 67.AUSTRALIA YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 68.REST OF ASIA-PACIFIC YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 69.REST OF ASIA-PACIFIC YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 70.REST OF ASIA-PACIFIC YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 71.LAMEA YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 72.LAMEA YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 73.LAMEA YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 74.LATIN AMERICA YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 75.LATIN AMERICA YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 76.LATIN AMERICA YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 77.MIDDLE EAST YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 78.MIDDLE EAST YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 79.MIDDLE EAST YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 80.AFRICA YACHT CHARTER MARKET, BY SIZE, 2018–2027 ($MILLION)
TABLE 81.AFRICA YACHT CHARTER MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 82.AFRICA YACHT CHARTER MARKET, BY APPLICATION, 2018–2027 ($MILLION)
TABLE 83.BOATSETTER: COMPANY SNAPSHOT
TABLE 84.BOATSETTER: PRODUCT PORTFOLIO
TABLE 85.CHARTER YACHT AUSTRALIA: COMPANY SNAPSHOT
TABLE 86.CHARTER YACHT AUSTRALIA: PRODUCT PORTFOLIO
TABLE 87.FRASER YACHTS.: COMPANY SNAPSHOT
TABLE 88.FRASER YACHTS: PRODUCT PORTFOLIO
TABLE 89.MARTELLO YACHTING & COMPANY: COMPANY SNAPSHOT
TABLE 90.MARTELLO YACHTING & COMPANY: PRODUCT PORTFOLIO
TABLE 91.NAUTAL.: COMPANY SNAPSHOT
TABLE 92.NAUTAL.: PRODUCT PORTFOLIO
TABLE 93.PRINCESS YACHTS LIMITED: COMPANY SNAPSHOT
TABLE 94.PRINCESS YACHTS INTERNATIONAL PLC: PRODUCT PORTFOLIO
TABLE 95.SAILOGY S.A.: COMPANY SNAPSHOT
TABLE 96.SAILOGY S.A.: PRODUCT PORTFOLIO
TABLE 97.NORTHROP & JOHNSON: COMPANY SNAPSHOT
TABLE 98.NORTHROP & JOHNSON: PRODUCT PORTFOLIO
TABLE 99.YACHTICO INC.: COMPANY SNAPSHOT
TABLE 100.YACHTICO INC: PRODUCT PORTFOLIO
TABLE 101.ZIZOO.: COMPANY SNAPSHOT
TABLE 102.ZIZOO: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.GLOBAL YACHT CHARTER MARKET SNAPSHOT, BY SEGMENT
FIGURE 03.GLOBAL YACHT CHARTER MARKET SNAPSHOT, BY REGION
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP WINNING STRATEGIES, BY YEAR, 2017-2020*
FIGURE 07.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017-2020*
FIGURE 08.TOP WINNING STRATEGIES, BY COMPANY, 2017-2020*
FIGURE 09.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10.LOW-TO-MODERATE THREAT OF NEW ENTRANTS
FIGURE 11.LOW-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 12.MODERATE-TO-HIGH INTENSITY OF RIVALRY
FIGURE 13.MODERATE BARGAINING POWER OF BUYERS
FIGURE 14.TOP PLAYER POSITIONING, 2019
FIGURE 15.MARKET SHARE ANALYSIS: GLOBAL LARGE YACHT MARKET, BY REGION (BY NUMBER OF YACHTS)
FIGURE 16.MARKET SHARE ANALYSIS: GLOBAL LARGE YACHT MARKET, BY REGION (BY VALUE)
FIGURE 17.MARKET SHARE ANALYSIS: BUILD SUPERVISION (2019)
FIGURE 18.BUILD SUPERVISION: MARKET SIZE BY REGION (2019)
FIGURE 19.MEGA YACHT INTERIOR MARKET: MARKET SHARE ANALYSIS (2019)
FIGURE 20.YACHT MANAGEMENT: MARKET SHARE ANALYSIS
FIGURE 21.YACHT CHARTER MARKET, BY SIZE, 2018-2027
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF SMALL (UP TO 30 M) YACHT CHARTER MARKET, BY COUNTRY, 2018 & 2027 ($MILLION)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF MEDIUM (30 M-50 M) YACHT CHARTER MARKET, BY COUNTRY, 2018 & 2027 ($MILLION)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF LARGE (OVER 50 M) YACHT CHARTER MARKET, BY COUNTRY, 2018 & 2027 ($MILLION)
FIGURE 25.GLOBAL YACHT CHARTER MARKET, BY TYPE, 2018-2027
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF MOTOR YACHT CHARTER MARKET, BY COUNTRY, 2018 & 2027 ($MILLION)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF SAILING YACHT CHARTER MARKET, BY COUNTRY, 2018 & 2027 ($MILLION)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF OTHER YACHT CHARTER MARKET, BY COUNTRY, 2018 & 2027 ($MILLION)
FIGURE 29.GLOBAL YACHT CHARTER MARKET, BY APPLICATION, 2018-2027
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF YACHT CHARTER MARKET FOR VACATION/ LEISURE APPLICATION,  BY COUNTRY, 2018 & 2027 ($MILLION)
FIGURE 31.COMPARATIVE SHARE ANALYSIS OF YACHT CHARTER MARKET FOR SAILING APPLICATION, BY COUNTRY, 2018 & 2027 ($MILLION)
FIGURE 32.COMPARATIVE SHARE ANALYSIS OF YACHT CHARTER MARKET FOR OTHERS APPLICATIONS, BY COUNTRY, 2018 & 2027 ($MILLION)
FIGURE 33.YACHT CHARTER MARKET, BY REGION, 2018-2027 (%)
FIGURE 34.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA YACHT CHARTER MARKET, BY COUNTRY, 2018–2027 (%)
FIGURE 35.U.S. YACHT CHARTER MARKET, 2018–2027 ($MILLION)
FIGURE 36.CANADA YACHT CHARTER MARKET, 2018–2027 ($MILLION)
FIGURE 37.MEXICO YACHT CHARTER MARKET, 2018–2027 ($MILLION)
FIGURE 38.COMPARATIVE SHARE ANALYSIS OF EUROPE YACHT CHARTER MARKET, BY COUNTRY, 2018–2027 (%)
FIGURE 39.UK YACHT CHARTER MARKET, 2018–2027 ($MILLION)
FIGURE 40.GERMANY YACHT CHARTER MARKET, 2018–2027 ($MILLION)
FIGURE 41.ITALY YACHT CHARTER MARKET, 2018–2027 ($MILLION)
FIGURE 42.THE NETHERLANDS YACHT CHARTER MARKET, 2018–2027 ($MILLION)
FIGURE 43.REST OF EUROPE YACHT CHARTER MARKET, 2018–2027 ($MILLION)
FIGURE 44.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC YACHT CHARTER MARKET, BY COUNTRY, 2018–2027 (%)
FIGURE 45.CHINA YACHT CHARTER MARKET, 2018–2027 ($MILLION)
FIGURE 46.JAPAN YACHT CHARTER MARKET, 2018–2027 ($MILLION)
FIGURE 47.INDIA YACHT CHARTER MARKET, 2018–2027 ($MILLION)
FIGURE 48.AUSTRALIA YACHT CHARTER MARKET, 2018–2027 ($MILLION)
FIGURE 49.REST OF ASIA-PACIFIC YACHT CHARTER MARKET, 2018–2027 ($MILLION)
FIGURE 50.COMPARATIVE SHARE ANALYSIS OF LAMEA YACHT CHARTER MARKET, BY COUNTRY, 2018–2027 (%)
FIGURE 51.LATIN AMERICA YACHT CHARTER MARKET, 2018–2027 ($MILLION)
FIGURE 52.MIDDLE EAST YACHT CHARTER MARKET, 2018–2027 ($MILLION)
FIGURE 53.AFRICA YACHT CHARTER MARKET, 2018–2027 ($MILLION)

 
 

Chartering is the activity within the shipping industry where the charterer or a user hires the services of a vessel/ship from a ship owner. The yachts charter are a motor driven or sail driven vessels that are used primarily for recreational purposes. Yachts can be privately owned (individual or by a company) or can be lend for chartering. The luxurious facilities are fitted in yacht that comes with the large, luxurious, professionally crewed motors or sailing yachts with varying length from 75 feet and expanding to more than 250 feet.

The global yacht charter market is analyzed based on its prospect and future growth rate. The report highlights numerous factors that influence the growth of the global yacht charter market, which include market forecast, drivers, restraints, opportunities, and role of different key players operating in the market.

The growth of the yacht charter market is driven by increase in number of private islands on cruise itineraries, use of alternative source of energy & improvised purchasing power across the globe, and increase in number of high net worth individuals. Furthermore, increase in demand for leisure activities due to rise in disposable income and hectic lifestyles has propelled the growth of the yacht charter industry in the developing countries. 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 is estimated to boost the market growth. 

Natural calamities and high cost associated with yacht charter are the key restraining factors of this market. Moreover, increased involvement of intermediaries & hybrid business models, rapid changes in yacht infrastructure and yacht tourism, are expected to boost the demand for yachts charter in the upcoming years. In addition, rising popularity of boats and increasing preference for luxurious & large sized yachts that can accommodate large groups, are expected to further propel the market growth in future.

Among the analyzed geographical regions, Europe is the highest revenue contributor, and Asia-Pacific is anticipated to create dominance during the forecast period, followed by North America and LAMEA. This growth is attributed to proactive development, rise in disposable income, and surge in inclination toward recreations and expeditions.
 

 

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FREQUENTLY ASKED QUESTIONS?
 

A. With the advent in COVID-19 pandemic across the globe, the yacht charter market has been affected as the yacht manufacturing units have been shut down due to the imposed lockdown in major countries across the globe.

A. The global yacht charter market was valued at $15,205.24 million in 2018, and is projected to reach $27,793.57 million by 2027, registering a CAGR of 15.0%. Europe is expected to lead the market throughout the forecasted period.

A. The report sample for global yacht charter market report can be obtained on demand from the website.

A. The leading online boat rental marketplace company Boatsetter announced a $10 million investment led by WestCap Group and Valor Equity as an extension of its Series A financing round.

A. Some of the key players in the yacht charter market are Sailogy S.A., Yachtico Inc., Zizooboats GmbH, Fraser Yacht, Boatsetter, Northrop & Johnson, Nautal, Martello Yachting And Company, Princess Yacht limited and Charter Yachts Australia.

A. The company profiles of the top ten players of the yacht charter market market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the industry along with their last three year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue generated.

A. Leading online boat rental community, Boatsetter, announced the acquisition of its competitor, Boatbound. This acquisition will help boatsetter to occupy good rank in peer-to-peer boat rental marketplace in the U.S., as the company is planning for international expansion.

A. The service providers of yacht charter industry are the different yacht vendors who are developing better and advanced yacht solutions for chartering which are equipped with efficient technology thus propelling the growth of the global market.

A. The key growth startegies of aircraft lighting industry players includes product launch, acquisition, expansion followed by different mergers, and partnerships related in the field of yacht chartering thus leading to the growth of the market

 

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