PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279754
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279754
Global Aluminium Fishing Boat Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Aluminum fishing boats have applications in different activities including fishing, sports, entertainment, and recreational activities. These boats offer excellent fuel economy due to their minimal weight and can be powered by a low-powered engine. There are different types of Aluminium boats available such as Jon boats, mod-v boats, and deep-v boats. Jon boats, for instance, are mainly used for rivers and small lakes due to their flat bottom and squared-off or blunt bow, that enable them to operate in shallow water. The increasing popularity of outdoor recreational activities and growing development of tourist places are key factors driving the market growth.
Over the years the popularity of outdoor activities has significantly increased creating strong demand for Aluminium Fishing Boat Market. For instance - as per Outdoor Industry Association's 2022 Outdoor Participation Trends Report - in 2019, in the United States, around 152.5 million individuals participated in outdoor activities, and this number further increased to 161.3 million in 2020, and further 165.6 million in 2021. Also, growing advancements in aluminium fishing boats would create lucrative growth prospects for the market over the projected period. However, volatile cost of raw materials hinders the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Aluminium Fishing Boat Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the growing popularity of fishing as well as presence of leading market players in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as growing popularity of recreational activities as well as presence of well-established boat and ship manufacturing industry in the region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable