PUBLISHER: Grand View Research | PRODUCT CODE: 1375977
PUBLISHER: Grand View Research | PRODUCT CODE: 1375977
Sailboat Market Size, Share & Trends Analysis Report By Hull Type (Monohull, Multi-hull), By Length (Up to 20ft., 20-50 ft., Above 50 ft.), By Region (North America, Asia Pacific, Europe, Latin America), And Segment Forecasts, 2023 - 2030
Sailboat Market Growth & Trends:
The global sailboat market size is predicted to reach USD 4.62 billion by 2030, registering a CAGR of 4.2% from 2023 to 2030, according to a recent analysis from Grand View Research, Inc.. The market is a dynamic industry shaped by a combination of factors that cater to sailing enthusiasts worldwide. It encompasses a wide range of sailboat types, from small dinghies to luxurious yachts, each offering unique experiences for a diverse customer base. Several key factors influence the dynamics of this market, reflecting its adaptability to changing consumer preferences, environmental concerns, and technological advancements. One of the significant drivers of the market growth is the rising interest in recreational boating. People seek outdoor activities and leisure experiences, which drives market growth.
The appeal of setting sail, exploring coastlines, and experiencing the tranquility of open waters resonates with both seasoned sailors and newcomers to the sport. The traditional monohull sailboats, cherished for their classic design and aesthetics, continue to be popular choices, especially among those who value the authenticity and heritage of sailing. Moreover, economic conditions play a substantial role in shaping the sailboat market. Factors like disposable income levels, consumer confidence, and overall economic health directly impact purchasing decisions. During periods of economic prosperity, individuals are more likely to invest in leisure activities like sailing, contributing to market growth. However, economic downturns can lead to reduced sales and fluctuations in demand.
In recent years, there has been a growing focus on sustainability and eco-consciousness, which has influenced sailboat designs. Sailboat manufacturers are increasingly incorporating eco-friendly features like electric propulsion systems, solar panels, and efficient waste management solutions. This aligns with the broader societal shift towards environmental responsibility and appeals to a market segment seeking greener alternatives. Technological advancements have also transformed the sailboat market. Innovations in sail controls, navigation systems, and materials have improved safety and performance. In addition, digitalization has played a significant role, with virtual boat tours, online sales platforms, and digital navigation aids becoming standard practices in the industry.
Sailboat Market Report Highlights:
- The monohull segment market is expected to witness substantial growth with a CAGR of 3.7% since monohull sailboats are well-suited for long-distance cruising and are gaining popularity among sailors seeking adventure and exploration
- By length, the 20-50 ft. segment accounted for the maximum share of 58.9% in 2022. Innovations in materials ranging from carbon fiber to advanced composites have a profound impact on the weight, strength, and overall performance of sailboats within the 20-50 ft. size range
- Although the COVID-19 pandemic restricted market growth due to travel restrictions, it led to high-net-worth individuals desiring private and exclusive holidays. It has also changed the way sailboat companies are carrying out their business. Companies are embracing digital transformation and investing in new websites to sell and charter sailboats virtually
- The Asia Pacific regional market growth is fueled by factors, such as economic prosperity and a growing middle-class population, which propel the demand for sailing as a leisure pursuit, particularly in countries, such as China and India
- The global market is oligopolistic and is dominated by key players, such as Hallberg-Rassy Varvs AB, Groupe Beneteau, and Catalina Yachts
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.3.1. Information analysis
- 1.3.2. Market formulation & data visualization
- 1.3.3. Data validation & publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List to Data Sources
Chapter 2. Executive Summary
- 2.1. Market Summary
- 2.2. Market Snapshot
- 2.3. Segment Snapshot
- 2.4. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope Outlook
- 3.1. Market Lineage Outlook
- 3.2. Sailboat Market - Value Chain Analysis
- 3.3. Sailboat Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunity Analysis
- 3.4. Sailboat Market - Porter's Five Forces Analysis
- 3.4.1. Supplier power
- 3.4.2. Buyer power
- 3.4.3. Substitution threat
- 3.4.4. Threat of new entrant
- 3.4.5. Competitive rivalry
- 3.5. Sailboat Market - PESTLE Analysis
- 3.5.1. Political landscape
- 3.5.2. Economic landscape
- 3.5.3. Social landscape
- 3.5.4. Technology landscape
- 3.5.5. Legal landscape
- 3.5.6. Environmental landscape
- 3.6. COVID-19 Impact Analysis
Chapter 4. Sailboat Market Hull Type Outlook
- 4.1. Sailboat Market, By Hull Type Analysis & Market Share, 2022 & 2030
- 4.2. Monohull
- 4.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.2.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
- 4.3. Multi-hull
- 4.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
Chapter 5. Sailboat Market Length Outlook
- 5.1. Sailboat Market, By Length Analysis & Market Share, 2022 & 2030
- 5.2. Up to 20ft.
- 5.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.2.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
- 5.3. 20-50 ft.
- 5.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
- 5.4. Above 50 ft.
- 5.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.4.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
Chapter 6. Sailboat Market: Regional Estimates & Trend Analysis
- 6.1. Sailboat Market Share by Region, 2022 & 2030
- 6.2. North America
- 6.2.1. Market estimates and forecasts, 2017 - 2030
- 6.2.2. Market estimates and forecasts, By Hull Type, 2017 - 2030 (USD Million)
- 6.2.3. Market estimates and forecasts, By Length, 2017 - 2030 (USD Million)
- 6.2.4. U.S.
- 6.2.4.1. Market estimates and forecasts, By Hull Type, 2017 - 2030 (USD Million)
- 6.2.4.2. Market estimates and forecasts, By Length, 2017 - 2030 (USD Million)
- 6.2.5. Canada
- 6.2.5.1. Market estimates and forecasts, By Hull Type, 2017 - 2030 (USD Million)
- 6.2.5.2. Market estimates and forecasts, By Length, 2017 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Market estimates and forecasts, 2017 - 2030
- 6.3.2. Market estimates and forecasts, By Hull Type, 2017 - 2030 (USD Million)
- 6.3.3. Market estimates and forecasts, By Length, 2017 - 2030 (USD Million)
- 6.3.4. Germany
- 6.3.4.1. Market estimates and forecasts, By Hull Type, 2017 - 2030 (USD Million)
- 6.3.4.2. Market estimates and forecasts, By Length, 2017 - 2030 (USD Million)
- 6.3.5. UK
- 6.3.5.1. Market estimates and forecasts, By Hull Type, 2017 - 2030 (USD Million)
- 6.3.5.2. Market estimates and forecasts, By Length, 2017 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Market estimates and forecasts, 2017 - 2030
- 6.4.2. Market estimates and forecasts, By Hull Type, 2017 - 2030 (USD Million)
- 6.4.3. Market estimates and forecasts, By Length, 2017 - 2030 (USD Million)
- 6.4.4. China
- 6.4.4.1. Market estimates and forecasts, By Hull Type, 2017 - 2030 (USD Million)
- 6.4.4.2. Market estimates and forecasts, By Length, 2017 - 2030 (USD Million)
- 6.4.5. Japan
- 6.4.5.1. Market estimates and forecasts, By Hull Type, 2017 - 2030 (USD Million)
- 6.4.5.2. Market estimates and forecasts, By Length, 2017 - 2030 (USD Million)
- 6.4.6. India
- 6.4.6.1. Market estimates and forecasts, By Hull Type, 2017 - 2030 (USD Million)
- 6.4.6.2. Market estimates and forecasts, By Length, 2017 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Market estimates and forecasts, 2017 - 2030
- 6.5.2. Market estimates and forecasts, By Hull Type, 2017 - 2030 (USD Million)
- 6.5.3. Market estimates and forecasts, By Length, 2017 - 2030 (USD Million)
- 6.5.4. Brazil
- 6.5.4.1. Market estimates and forecasts, By Hull Type, 2017 - 2030 (USD Million)
- 6.5.4.2. Market estimates and forecasts, By Length, 2017 - 2030 (USD Million)
- 6.5.5. Mexico
- 6.5.5.1. Market estimates and forecasts, By Hull Type, 2017 - 2030 (USD Million)
- 6.5.5.2. Market estimates and forecasts, By Length, 2017 - 2030 (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Market estimates and forecasts, 2017 - 2030
- 6.6.2. Market estimates and forecasts, By Hull Type, 2017 - 2030 (USD Million)
- 6.6.3. Market estimates and forecasts, By Length, 2017 - 2030 (USD Million)
Chapter 7. Sailboat Market Competitive Landscape
- 7.1. Key Market Participants
- 7.1.1. Hallberg-Rassy Varvs AB
- 7.1.2. Groupe Beneteau
- 7.1.3. Catalina Yachts
- 7.1.4. HanseYachts AG
- 7.1.5. CANTIERE DEL PARDO S.p.A.
- 7.1.6. Fountaine Pajot
- 7.1.7. OYSTER YACHTS
- 7.1.8. Nautor Swan Srl
- 7.1.9. BAVARIA YACHTS
- 7.1.10. Najad
- 7.2. Key Company Market Share Analysis, 2022
- 7.3. Company Categorization/Position Analysis, 2022
- 7.4. Strategic Mapping
- 7.4.1. Expansion
- 7.4.2. Mergers & Acquisition
- 7.4.3. Partnership & Collaborations
- 7.4.4. Product/service launch
List of Tables
- Table 1 Global sailboat market, by hull type, 2017 - 2030 (USD Million)
- Table 2 Global sailboat market, by length, 2017 - 2030 (USD Million)
- Table 3 Key companies launching new products
List of Figures
- Fig. 1 Sailboat market - Market segmentation
- Fig. 2 Information procurement
- Fig. 3 Data analysis models
- Fig. 4 Market formulation and validation
- Fig. 5 Data validating & publishing
- Fig. 6 Market snapshot
- Fig. 7 Segment snapshot, by hull type & length
- Fig. 8 Competitive landscape snapshot
- Fig. 9 Yacht market, 2022 & 2030 (USD Billion)
- Fig. 10 Sailboat market - Value chain analysis
- Fig. 11 Sailboat market - Market trends
- Fig. 12 Change in real leisure spending, by category, from 2013 to 2022 (%)
- Fig. 13 Sailboat market - Porter's five forces analysis
- Fig. 14 Sailboat market - PESTLE analysis
- Fig. 15 Sailboat market, by hull type: Key takeaways
- Fig. 16 Sailboat market, by hull type: Market share, 2022 & 2030
- Fig. 17 Monohull sailboat market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 18 Multi-hull sailboat market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 19 Sailboat market, by length: Key takeaways
- Fig. 20 Sailboat market, by length: Market share, 2022 & 2030
- Fig. 21 Up to 20 ft. length market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 22 20 to 50 ft. length market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 23 Above 50 ft. length market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 24 Sailboat market revenue- by region, 2022 & 2030 (USD Million)
- Fig. 25 Regional marketplace (North America and Europe) - Key takeaways
- Fig. 26 Regional marketplace (Asia Pacific, Latin America, and Middle East & Africa) - Key takeaways
- Fig. 27 Sailboat market, by region: Key takeaways
- Fig. 28 Sailboat market, by region: Market share, 2022 & 2030
- Fig. 29 North America sailboat market estimates & forecast, 2017 - 2030 (USD Million)
- Fig. 30 U.S. sailboat market estimates & forecast, 2017 - 2030 (USD Million)
- Fig. 31 Canada sailboat market estimates & forecast, 2017 - 2030 (USD Million)
- Fig. 32 Europe sailboat market estimates & forecast, 2017 - 2030 (USD Million)
- Fig. 33 UK sailboat market estimates & forecast, 2017 - 2030 (USD Million)
- Fig. 34 Germany sailboat market estimates & forecast, 2017 - 2030 (USD Million)
- Fig. 35 Asia Pacific sailboat market estimates & forecast, 2017 - 2030 (USD Million)
- Fig. 36 China sailboat market estimates & forecast, 2017 - 2030 (USD Million)
- Fig. 37 India sailboat market estimates & forecast, 2017 - 2030 (USD Million)
- Fig. 38 Japan sailboat market estimates & forecast, 2017 - 2030 (USD Million)
- Fig. 39 Latin America sailboat market estimates & forecast, 2017 - 2030 (USD Million)
- Fig. 40 Brazil sailboat market estimates & forecast, 2017 - 2030 (USD Million)
- Fig. 41 Mexico sailboat market estimates & forecast, 2017 - 2030 (USD Million)
- Fig. 42 Middle East & Africa sailboat market estimates & forecast, 2017 - 2030 (USD Million)
