Newest Research on “Yacht Charter Market” – Forecast by Top Regions 2023-2028
High purchasing power capital and expensive yacht ownership costs are pushing cost-conscious millennials toward more cost-effective yacht rental options. The growth of the yacht rental market has been helped by younger consumers who prefer to pay to charter rather than buy out their boats for luxurious adventures. In addition, consumers seeking luxury and comfort on the road are shifting their preference from booking luxury hotels to renting yachts, which is also expected to become a profitable trend in the yacht rental market. Europe has a beautiful and large area of ideal sailing area, the region is the world’s premier destination for luxury charter flights.
Report Overview
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Yacht Charter estimated at USD 7311.4 million in the year 2022, is projected to reach a revised size of USD 9456 million by 2028, growing at a CAGR of 4.4% during the forecast period 2022-2028.
The USA market for Yacht Charter is estimated to increase from USD million in 2022 to reach USD million by 2028, at a CAGR of Percent during the forecast period of 2023 through 2028.
The China market for Yacht Charter is estimated to increase from USD million in 2022 to reach USD million by 2028, at a CAGR of Percent during the forecast period of 2023 through 2028.
The Europe market for Yacht Charter is estimated to increase from USD million in 2022 to reach USD million by 2028, at a CAGR of Percent during the forecast period of 2023 through 2028.
The global key companies of Yacht Charter include Burgess, Boat International Media, Charter Yachts Australia, Boatbound, CharterWorld LLP, Mertello Yachting Company, Fairline Yacht, Dream Yacht Charter and Incrediblue, etc. In 2021, the global top five players had a share approximately Percent in terms of revenue.
Major Product Types of Yacht Charter covered are:
- Motor Yacht
- Electric Yacht
- Solar Yacht
Major Applications of Yacht Charter covered are:
- Personal
- Business Group
key players operating in the Yacht Charter market
- Burgess
- Boat International Media
- Charter Yachts Australia
- Boatbound
- CharterWorld LLP
- Mertello Yachting Company
- Fairline Yacht
- Dream Yacht Charter
- Incrediblue
- Yachtico
- Inter Yacht Charter
- Fraser Yacht
- Nicholson Yachts
- Thai Charters
- Simpson Marine
- Northrop & Johnson
- Sailing Thailand Island Cruises
- Super Yacht Logistics
- Yacht Charter Fleet
- West Coast Marine Yacht Service Pvt
- Zizooboats GmbH
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