Global Yacht Market Outlook 2024-2029: Emerging Players from Asia-Pacific Making Waves as Europe Holds the Dominant Spot - ResearchAndMarkets.com
The yacht market is marked by intense competition among global and regional players, each vying for a share in the lucrative luxury boating industry.
- The yacht market is marked by intense competition among global and regional players, each vying for a share in the lucrative luxury boating industry.
- Europe holds the most prominent share of the global yacht market, accounting for over 35% in 2023.
- With its vast maritime history, Europe boasts a captivating market defined by its coastlines and inclination for extravagant living standards.
- Additionally, emerging players in the yacht industry from the Asia-Pacific region are making notable strides, adding a new dimension to the market's competitive dynamics.