yacht charter market

2019-2030

2022

2023

2023-2030

2019-2021

CAGR of 5.5% from 2023 to 2030

Value (USD billion)

Yacht Charter Market Research FAQs

What is the current yacht charter market size.

The Yacht Charter Market is projected to register a CAGR of 5.79% during the forecast period (2024-2029)

Who are the key players in Yacht Charter Market?

Dream Yacht Charter, OceanBLUE Yachts Ltd., Burgess, Simpson Marine and Northrop and Johnson are the major companies operating in the Yacht Charter Market.

Which is the fastest growing region in Yacht Charter Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

Which region has the biggest share in Yacht Charter Market?

In 2024, the Europe accounts for the largest market share in Yacht Charter Market.

What years does this Yacht Charter Market cover?

The report covers the Yacht Charter Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Yacht Charter Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

What drives the Global Yacht Charter Market growth?

The Key Drivers of the Global Yacht Charter Market are: a) Rising disposable incomes b) Desire for unique travel experiences c) Growing interest in water-based activities and personalized travel experiences d) Increasing yachting infrastructure

What are the key challenges for the Global Yacht Charter industry?

Key Challengers in the Yacht Charter Industry are: a) Seasonal variations in demand b) High operational costs c) Stringent Regulations d) Environmental concerns, and e) fluctuating fuel prices

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Yacht Charter Industry Report

The global yacht charter market is on a significant upward trajectory, fueled by the surging interest in recreational yachting and marine tourism. Offering a wide array of yacht types such as motor, sailing, and luxury yachts with lavish amenities, it serves diverse segments including leisure and business. The market, segmented by contract type, yacht size, and end-user preferences, provides both bareboat and crewed charters to meet varying client needs for privacy and independence. Dominated by Europe and North America, due to their robust tourism sectors and the affluent demographic seeking premium cruising experiences, the market is also benefiting from an increase in fleet sizes by leading players and supportive marine tourism policies. However, it faces hurdles like high charter costs and region-specific tax regulations. Yet, with a growing appetite for luxury and marine leisure activities, the yacht charter market is set for ongoing growth. For detailed market share, size, and revenue growth insights, Mordor Intelligence™ offers comprehensive industry reports, including forecasts and historical overviews, available as free PDF downloads.

Yacht Charter Market Report Snapshots

• Yacht Charter Market Share
• Yacht Charter Companies

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Yacht Charter Market Size, Share, Competitive Landscape and Trend Analysis Report, by SIZE, by TYPE, by APPLICATION : Global Opportunity Analysis and Industry Forecast, 2024-2032

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The global yacht charter market size was valued at $11.4 billion in 2022, and is projected to reach $20.2 billion by 2032, growing at a CAGR of 6.9% from 2024 to 2032.

Report Key Highlights:

• The report covers a detailed analysis on truck yacht charter market.
• The yacht charter market share has been analyzed from the year 2022 till the year 2032.
• Latest developments have been mentioned in the research study.
• Top companies operating in the industry has been profiled in the research study.
• The research study includes different segments & regions across which the market has been analyzed.

Yacht chartering involves the rental or charter of a sailboat or motor yacht for the purpose of traveling to different coastal or island destinations, whether for business or leisure. There are primarily two types of yacht charters: bareboat and skippered. In bareboat charters, clients take on the role of the boat's skipper and handle it themselves, whereas skippered charters come with both the boat and a crew. Many bareboat charter companies offer fundamental seamanship courses to prepare clients for operating a boat. Some of these companies may also provide skippered charters, which come with a skipper but do not include additional crew members. The yacht charter market is expected to experience substantial growth, driven by an increasing number of yacht productions and ongoing construction projects. Yachts, often equipped with luxurious amenities such as helipads, swimming pools, saunas, hot tubs, and more, symbolize the pinnacle of opulence.

The market is segmented into type, size, application, and region. On the basis of type, it is categorized into sailing yacht, motor yacht and others. On the basis of size, it is classified small (Up to 30m), medium (30m-50m), large (Over 50m). The application segment is divided into vacation/ leisure, sailing, and others. On the basis of region, the market is analysed across North America, Europe, Asia-Pacific and LAMEA.

The growth of water sports and recreation activities and increase in number of private islands on cruise itineraries drive market growth. However, the high cost associated with yacht charter and the weather and safety concerns hamper the growth of the market. Moreover, increased involvement of intermediaries & hybrid business models, and change in yacht infrastructure are expected to propel market growth in the forecast period.

Key players operating in the global yacht charter market are Boatsetter, Inc., MARTELLO YACHTING & COMPANY, SAILOGY S.A., Northrop & Johnson, Ionian Catamarans, IYC, ZIZOOBOATS GmbH, Yachtico, Inc., Boatjump, S.L., and West Coast Marine Yacht Services Pvt. Ltd., among others.

Key Developments

The leading companies are adopting strategies such as acquisition, agreement, expansion, partnership, contracts, and product launches to strengthen their market position.

• In October 2023 , IYC, the yacht brokerage firm, is embarking on a new venture into the Middle East by inaugurating its inaugural branch in Dubai. This fresh addition has been established through a collaboration with Vision Investments Limited, a subsidiary of Al Ameeri Group Holding, and signifies IYC's fifteenth global location.
• In September 2022 The watercraft rental platform Boatsetter raised a funding of $70 million and aims to transform into the "Airbnb of boats" boasting to 50,000 listings in 700 global locations.

Growth of water sports and recreation activities:

The surge in interest and engagement in water sports has led to the introduction of various innovative and exciting water sporting categories in recent years. Notably, jet-powered hoverboards, flyboarding, and inflatable catapults have captured the imagination of enthusiasts. In addition, activities like aquatic hoverboards and water jetpacks have emerged as thrilling options for those seeking aquatic adventures. Setting out on a luxury yacht charter presents an unmatched chance to revel in the finest water sports and yacht toys. The majority of yachts are equipped with inflatable slides, trampolines, stand-up paddleboarding (SUPs), and kayaks.

Increasing number of private islands on cruise itineraries:

There is a strong trend toward renewing the marine fleets and rise in number of marine fleets increased by about 7% globally. Moreover, the adventure travel is growing at a rapid pace and cruise expeditions are experiencing the impact. Furthermore, numerous 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. Such rise in trends from the millionaires along with the increase in add-on services is estimated to fuel the demand for the yacht charter industry in the forecast period.

The spending of cruise line brands increased owing to which the growth of yacht chartering also increased for instance in September 2023, Royal Caribbean invested $250 million in the development of CocoCay in the Bahamas. People around the world are preferring the yachts for recreational purposes which are celebrated at the world’s beautiful destinations due to which the private islands are gaining traction.

High cost associated with yacht charter:

Yacht charters are priced based on their base rate, which represents the weekly rental cost of the boat. The total cost of a yacht charter varies due to several factors, including the type of yacht, the charter destination, local taxes, and the base rate itself. As a result, yacht charters have a wide price range. Smaller sailing yachts and catamarans may start at around $10,000 per week, while the most luxurious motor superyachts can exceed $150,000 per week.

In addition, there are hidden costs associated with yacht charters, including taxes, Value Added Tax (VAT), insurance, crew gratuity, advanced provisioning allowance, and other expenses, which typically amount to approximately 15-30% of the base price. These charges are collected prior to the charter, serving as an initial financial commitment. These additional costs can pose a barrier to potential customers in developing countries, thus hindering the growth of the yacht charter market.

Increased involvement of intermediaries & hybrid business models

The increase in involvement of brokers is a notable trend in the yacht industry, driven by a rise in number of buyers and charter clients. Brokers play a vital role, facilitating viewings, negotiating sales terms, managing paperwork, and overseeing the collection and distribution of sale proceeds. Moreover, the use of tablets and smartphones as mediums for customers to gain real insights into yachts is drawing more people toward yacht rentals.

In addition, yachts are venturing into the leisure and hospitality sectors, with the global yacht tourism industry experiencing remarkable growth. Luxury travel has also seen a significant upswing.

Yacht tourism has evolved into an exclusive form of recreation, coexisting with well-established mass entertainment systems. Yacht chartering is no longer limited to the aristocracy, however, has expanded to the middle class. Yacht tourism takes various forms, including fishing, sightseeing, and leisure sailing, with the latter being the most favored. The success of yacht tourism has led to an increased demand for luxury yacht charters in the foreseeable future.

Key Benefits For Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the yacht charter market analysis from 2022 to 2032 to identify the prevailing yacht charter market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the yacht charter market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global yacht charter market trends, key players, market segments, application areas, and market growth strategies.

  Yacht Charter Market Report Highlights

Analyst Review

In accordance with several interviews conducted, the CXOs of the leading companies stated that the yacht charter market is expected to witness significant growth in the future. In addition, the global yacht charter market is anticipated to be influenced by the eternal need for luxury and changing lifestyles. Furthermore, the introduction of innovative materials, such as structural glass, has elevated the sophistication of yacht design. Yacht production and under-construction projects are on the rise, which is anticipated to drive substantial growth in the yacht charter market. Yachts, equipped with luxurious amenities such as helipads, swimming pools, saunas, and hot tubs represent the pinnacle of opulence. In addition, key players in this industry have expanded their global presence through acquisitions and expansion strategies.

Despite the challenges faced by the global economy, the yacht charter market has gained popularity, which is attributed to strong underlying factors such as the increasing wealth of ultra-high-net-worth individuals, a growing interest in recreational & expeditionary activities, and the rising trend of yacht tourism. The market is expected to experience significant growth during the forecast period. However, the sector is not without its challenges, including high costs and the impact of natural disasters.

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Growing recreational activities upcoming trends of Yacht Charter Market in the world

vacation/leisure is the leading application of Yacht Charter Market.

Europe is the largest regional market for Yacht Charter.

Ionian Catamaras is the top companies to hold the market share in Yacht Charter.

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Yacht Charter Market

Global Opportunity Analysis and Industry Forecast, 2024-2032

• Consumer Goods and Services

Yacht Charter Market

Global Yacht Charter Market to Grow at a CAGR of 12.2% During 2024-2032, Aided by the Increasing Inclination towards Sea Exploration Activities

Global Yacht Charter Market Size, Trends, Forecast: By Size: Small (Up to 30m), Medium (30m-50m), Large (Over 50m); By Type: Motor Yacht, Sailing Yacht, Other Yacht; By Application: Vacation/ Leisure, Sailing, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

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Global Yacht Charter Market Outlook

The global yacht charter market stood at a value of around USD 19.78 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 12.2% to reach USD 55.69 billion by 2032.

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Increasing Demand for Motor Yachts to Aid the the Global Yacht Charter Industry

Motor yachts are extremely powerful and fast and are capable of covering greater distances in less time. In addition, some notable advantages of motor yacht include enhanced privacy, high aesthetic appeal, and technological advances compared to their counterparts. Motor yachts help reduce crew expenditure as they are easier to operate and do not require prior expertise. Moreover, they are capable of entering shallow places such as in marinas and small bays. Therefore, in the forecast period, motor yachts are likely to attract more customers, thereby propelling the yacht charter industry  growth.

Europe Accounts for a Significant Share in the Market

The market in Europe is being driven by the presence of several luxury yacht charter destinations, coupled with the growing tourism industry in the region. In Europe, the major seas include Atlantic Ocean, the Mediterranean Sea, and Baltic Sea, among others. In addition, the growing interest among the business class population to experience unique and exciting sailing activities is anticipated to aid the market in the forecast period. Moreover, countries like Spain, Greece, Croatia, and Sweden, among others, are marine tourism hot spots, which attract large number of tourists every year.

Yacht Charter: Market Segmentation

Yacht chartering is defined as the practice of renting a yacht for leisure, business, or vacation activities. Yacht charter firms provide convenience to the clients by offering crew, captain, online and offline support, and emergency numbers. Yacht charter eradicates the need for owning a yacht for going out on holidays or for recreational activities.

Based on size, the market can be segmented into:

• Small (Up to 30m)
• Medium (30m-50m)
• Large (Over 50m)

On the basis of type, the market has been divided into:

• Motor Yacht
• Sailing yacht
• Other Yacht

The significant applications included in the market report are as follows:

• Vacation/ Leisure

The regional markets for yacht charter include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Increasing Inclination towards Marine Tourism and Sea Exploration Activities to Boost the Growth of the Yacht Charter Industry

The global yacht charter industry is being driven by the increasing inclination towards marine tourism and sea exploration activities owing to the rising consumer disposable incomes and increasing standards of living. There is an increase in the number of families opting for leisure trips and vacation. Further, attractive holiday plans being introduced by yacht charter firms are anticipated to aid the market. In addition to this, the growing trend of online booking, which reduces the complexity of documentation and renting process is likely to be a major driving factor for the market in the forecast period. Moreover, the favourable government initiatives aimed at supporting the marine tourism industry are anticipated to provide impetus to the market. Furthermore, the increasing efforts of key industry players to offer advanced and luxurious facilities to their clients to bolster their vocational experience are anticipated to further invigorate the market in the forecast period.

Key Industry Players in the Global Yacht Charter Market

The report gives a detailed analysis of the following key players in the global yacht charter market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Charter Yachts Australia
• Princess Yachts Limited
• Sailogy S.A.
• Yachtico Inc.
• Northrop & Johnson Inc.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface 2    Report Coverage – Key Segmentation and Scope 3    Report Description     3.1    Market Definition and Outlook     3.2    Properties and Applications     3.3    Market Analysis     3.4    Key Players 4    Key Assumptions 5    Executive Summary     5.1    Overview     5.2    Key Drivers     5.3    Key Developments     5.4    Competitive Structure     5.5    Key Industrial Trends 6    Snapshot     6.1    Global     6.2    Regional 7    Opportunities and Challenges in the Market 8    Global Yacht Charter Market Analysis     8.1    Key Industry Highlights     8.2    Global Yacht Charter Historical Market (2018-2023)      8.3    Global Yacht Charter Market Forecast (2024-2032)     8.4    Global Yacht Charter Market by Size         8.4.1    Small (Up to 30m)             8.4.1.1    Historical Trend (2018-2023)             8.4.1.2    Forecast Trend (2024-2032)         8.4.2    Medium (30m-50m)             8.4.2.1    Historical Trend (2018-2023)             8.4.2.2    Forecast Trend (2024-2032)         8.4.3    Large (Over 50m)             8.4.3.1    Historical Trend (2018-2023)             8.4.3.2    Forecast Trend (2024-2032)     8.5    Global Yacht Charter Market by Type          8.5.1    Motor Yacht             8.5.1.1    Historical Trend (2018-2023)             8.5.1.2    Forecast Trend (2024-2032)         8.5.2    Sailing Yacht             8.5.2.1    Historical Trend (2018-2023)             8.5.2.2    Forecast Trend (2024-2032)         8.5.3    Other Yacht     8.6    Global Yacht Charter Market by Application          8.6.1    Vacation/ Leisure             8.6.1.1    Historical Trend (2018-2023)             8.6.1.2    Forecast Trend (2024-2032)         8.6.2    Sailing             8.6.2.1    Historical Trend (2018-2023)             8.6.2.2    Forecast Trend (2024-2032)         8.6.3    Others     8.7    Global Yacht Charter Market by Region                8.7.1    North America             8.7.1.1    Historical Trend (2018-2023)              8.7.1.2    Forecast Trend (2024-2032)         8.7.2    Europe             8.7.2.1    Historical Trend (2018-2023)              8.7.2.2    Forecast Trend (2024-2032)         8.7.3    Asia Pacific             8.7.3.1    Historical Trend (2018-2023)              8.7.3.2    Forecast Trend (2024-2032)         8.7.4    Latin America             8.7.4.1    Historical Trend (2018-2023)              8.7.4.2    Forecast Trend (2024-2032)         8.7.5    Middle East and Africa             8.7.5.1    Historical Trend (2018-2023)              8.7.5.2    Forecast Trend (2024-2032) 9    North America Yacht Charter Market Analysis     9.1    United States of America          9.1.1    Historical Trend (2018-2023)          9.1.2    Forecast Trend (2024-2032)     9.2    Canada         9.2.1    Historical Trend (2018-2023)          9.2.2    Forecast Trend (2024-2032) 10    Europe Yacht Charter Market Analysis     10.1    United Kingdom         10.1.1    Historical Trend (2018-2023)          10.1.2    Forecast Trend (2024-2032)     10.2    Germany         10.2.1    Historical Trend (2018-2023)          10.2.2    Forecast Trend (2024-2032)     10.3    France         10.3.1    Historical Trend (2018-2023)          10.3.2    Forecast Trend (2024-2032)     10.4    Italy         10.4.1    Historical Trend (2018-2023)          10.4.2    Forecast Trend (2024-2032)     10.5    Others 11    Asia Pacific Yacht Charter Market Analysis     11.1    China         11.1.1    Historical Trend (2018-2023)          11.1.2    Forecast Trend (2024-2032)     11.2    Japan         11.2.1    Historical Trend (2018-2023)          11.2.2    Forecast Trend (2024-2032)     11.3    India         11.3.1    Historical Trend (2018-2023)          11.3.2    Forecast Trend (2024-2032)     11.4    ASEAN         11.4.1    Historical Trend (2018-2023)          11.4.2    Forecast Trend (2024-2032)     11.5    Australia         11.5.1    Historical Trend (2018-2023)          11.5.2    Forecast Trend (2024-2032)     11.6    Others 12    Latin America Yacht Charter Market Analysis     12.1    Brazil         12.1.1    Historical Trend (2018-2023)          12.1.2    Forecast Trend (2024-2032)     12.2    Argentina         12.2.1    Historical Trend (2018-2023)          12.2.2    Forecast Trend (2024-2032)     12.3    Mexico         12.3.1    Historical Trend (2018-2023)          12.3.2    Forecast Trend (2024-2032)     12.4    Others 13    Middle East and Africa Yacht Charter Market Analysis     13.1    Saudi Arabia         13.1.1    Historical Trend (2018-2023)          13.1.2    Forecast Trend (2024-2032)     13.2    United Arab Emirates         13.2.1    Historical Trend (2018-2023)          13.2.2    Forecast Trend (2024-2032)     13.3    Nigeria         13.3.1    Historical Trend (2018-2023)          13.3.2    Forecast Trend (2024-2032)     13.4    South Africa         13.4.1    Historical Trend (2018-2023)          13.4.2    Forecast Trend (2024-2032)     13.5    Others 14    Market Dynamics     14.1    SWOT Analysis         14.1.1    Strengths         14.1.2    Weaknesses         14.1.3    Opportunities         14.1.4    Threats     14.2    Porter’s Five Forces Analysis         14.2.1    Supplier’s Power         14.2.2    Buyer’s Power         14.2.3    Threat of New Entrants         14.2.4    Degree of Rivalry         14.2.5    Threat of Substitutes     14.3    Key Indicators for Demand     14.4    Key Indicators for Price 15    Competitive Landscape     15.1    Market Structure     15.2    Company Profiles          15.2.1    Charter Yachts Australia             15.2.1.1    Company Overview             15.2.1.2    Product Portfolio             15.2.1.3    Demographic Reach and Achievements             15.2.1.4    Certifications         15.2.2    Princess Yachts Limited             15.2.2.1    Company Overview             15.2.2.2    Product Portfolio             15.2.2.3    Demographic Reach and Achievements             15.2.2.4    Certifications         15.2.3    Sailogy S.A.             15.2.3.1    Company Overview             15.2.3.2    Product Portfolio             15.2.3.3    Demographic Reach and Achievements             15.2.3.4    Certifications         15.2.4    Yachtico Inc.             15.2.4.1    Company Overview             15.2.4.2    Product Portfolio             15.2.4.3    Demographic Reach and Achievements             15.2.4.4    Certifications         15.2.5    Northrop & Johnson Inc.             15.2.5.1    Company Overview             15.2.5.2    Product Portfolio             15.2.5.3    Demographic Reach and Achievements             15.2.5.4    Certifications         15.2.6    Others 16    Key Trends and Developments in the Market

List of Key Figures and Tables

1.    Global Yacht Charter Market: Key Industry Highlights, 2018 and 2032 2.    Global Yacht Charter Historical Market: Breakup by Size (USD Billion), 2018-2023 3.    Global Yacht Charter Market Forecast: Breakup by Size (USD Billion), 2024-2032 4.    Global Yacht Charter Historical Market: Breakup by Type (USD Billion), 2018-2023 5.    Global Yacht Charter Market Forecast: Breakup by Type (USD Billion), 2024-2032 6.    Global Yacht Charter Historical Market: Breakup by Application (USD Billion), 2018-2023 7.    Global Yacht Charter Market Forecast: Breakup by Application (USD Billion), 2024-2032 8.    Global Yacht Charter Historical Market: Breakup by Region (USD Billion), 2018-2023 9.    Global Yacht Charter Market Forecast: Breakup by Region (USD Billion), 2024-2032 10.    North America Yacht Charter Historical Market: Breakup by Country (USD Billion), 2018-2023 11.    North America Yacht Charter Market Forecast: Breakup by Country (USD Billion), 2024-2032 12.    Europe Yacht Charter Historical Market: Breakup by Country (USD Billion), 2018-2023 13.    Europe Yacht Charter Market Forecast: Breakup by Country (USD Billion), 2024-2032 14.    Asia Pacific Yacht Charter Historical Market: Breakup by Country (USD Billion), 2018-2023 15.    Asia Pacific Yacht Charter Market Forecast: Breakup by Country (USD Billion), 2024-2032 16.    Latin America Yacht Charter Historical Market: Breakup by Country (USD Billion), 2018-2023 17.    Latin America Yacht Charter Market Forecast: Breakup by Country (USD Billion), 2024-2032 18.    Middle East and Africa Yacht Charter Historical Market: Breakup by Country (USD Billion), 2018-2023 19.    Middle East and Africa Yacht Charter Market Forecast: Breakup by Country (USD Billion), 2024-2032 20.    Global Yacht Charter Market Structure

What was the global yacht charter market size in 2023?

In 2023, the global yacht charter market attained a value of nearly USD 19.78 billion.

What is the growth rate of the market?

The market is estimated to grow at a CAGR of 12.20% between 2024 and 2032.

What is the forecast outlook of the market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 55.69 billion by 2032.

What are the major industry drivers?

The major drivers of the market include the increasing popularity of marine tourism and sea exploration activities, growing efforts by the major yacht charter firms to enhance the experience of clients, rising disposable incomes, and increasing awareness about luxury yacht charter destinations.

What are the key industry trends of the global yacht charter market?

The changing preference of clients towards online booking, which brings convenience and reduces the complexity of documentation, is expected to be a key trend guiding the growth of the industry.

What are the major regional markets of yacht charter, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the major sizes based on which the market has been segmented?

Small (up to 30m), medium (30m-50m), and large (over 50m) are the major sizes based on which the market has been segmented.

What are the different yacht types considered in the market report?

Motor yacht, sailing yacht, and others are the different types considered in the market report.

What are the different applications considered in the market report?

Vacation/ leisure, and sailing, among others are the different applications of yacht charter.

Who are the key industry players, according to the report?

The major players in the industry are Charter Yachts Australia, Princess Yachts Limited, Sailogy S.A., Yachtico Inc., and Northrop & Johnson Inc., among others.

The global yacht charter market attained a value of USD 19.78 billion in 2023, driven by the increasing demand for travel and leisure among the working-class population, rising standards of living, and emergence of online booking system. Aided by the favourable government policies aimed at bolstering the marine tourism sector, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 12.20%. The market is projected to reach USD 55.69 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on size, the market is divided into small (up to 30m), medium (30m-50m), and large (over 50m). On the basis of type, the market is divided into motor yacht, sailing yacht, and other yacht. The significant applications included in the market report are vacation/ leisure, and sailing, among others. The major regional markets for yacht charter are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Charter Yachts Australia, Princess Yachts Limited, Sailogy S.A., Yachtico Inc., and Northrop & Johnson Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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Yacht Charter Market

Yacht charter market report by type (motor yacht, sailing yacht), length (up to 20 ft, 20 to 50 ft, above 50 ft), contract type (bareboat charter, crewed charter), and region 2024-2032.

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Market Overview:

The global yacht charter market size reached US$ 8.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 15.9 Billion by 2032, exhibiting a growth rate (CAGR) of 7% during 2024-2032.

Yacht charter refers to the process of renting a motor- or sail-driven marine vessel for recreational or commercial purposes. These services are typically used for traveling to various coastal areas without owning a yacht. These privately or company-owned yachts that are offered on a rental basis consist of luxury facilities within the vessel, such as professional crews, captains, and online or on-call support. Several charter companies also furnish yachts and provide a detailed itinerary based on the requirements of their clients. As a result, they find immense applications in luxury marine tourism and recreational boating.

Yacht Charter Market Trends:

The market is primarily driven by significant growth in the marine tourism sector. Along with this, the rising preference for personalized services in tourism activities is providing an impetus to the market. In line with this, the increasing participation of the masses in recreational and competitive boating activities across the globe is providing a thrust to the demand for yacht charters. Moreover, the inflating per capita income levels and the growing inclination toward luxury trips across exotic locations are favorably impacting the market. Besides this, numerous key players are offering online services for yacht chartering to their customers, which are gaining widespread prominence among individuals. Besides this, continual improvements in yacht infrastructure, including the adoption of hybrid business models, are further creating a positive outlook for the market on the global level. Some of the other factors that are contributing to the market include the escalating popularity of fishing and water sports and the increasing usage of renewable energy as the primary fuel in various marine vehicles, including yachts, due to an enhanced focus on sustainable development among the masses.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global yacht charter market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, length and contract type.

Breakup by Type:

• Motor Yacht
• Sailing Yacht  

Breakup by Length:

• Up To 20 Ft
• 20 To 50 Ft
• Above 50 Ft  

Breakup by Contract Type:

• Bareboat Charter
• Crewed Charter  

Breakup by Region:

United States

• South Korea

United Kingdom

• Middle East and Africa  

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Boat International Media Ltd, Boatsetter Inc., Kiriacoulis Mediterranean, MarineMax Inc, Martello Yachting & Company, Nautal (Click&Boat), OceanBlue Logistics Limited, Sunsail Limited (TUI Group), Sunseeker International Ltd., The Moorings, YACHTICO INC. and Zizooboats GmbH.

Report Coverage:

Key Questions Answered in This Report

The global yacht charter market was valued at US$ 8.5 Billion in 2023.

We expect the global yacht charter market to exhibit a CAGR of 7% during 2024-2032.

The rising consumer inclination towards personalized services in tourism activities and luxury trips across exotic locations is primarily driving the global yacht charter market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in various recreational activities, thereby negatively impacting the global market for yacht charters.

Based on the type, the global yacht charter market can be categorized into motor yacht and sailing yacht. Currently, motor yacht accounts for the majority of the global market share.

Based on the length, the global yacht charter market has been segregated into up to 20 ft, 20 to 50 ft, and above 50 ft. Among these, 20 to 50 ft currently holds the largest market share.

Based on the contract type, the global yacht charter market can be bifurcated into bareboat charter and crewed charter. Currently, crewed charter exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Europe currently dominates the global market.

Some of the major players in the global yacht charter market include Boat International Media Ltd, Boatsetter Inc., Kiriacoulis Mediterranean, MarineMax Inc, Martello Yachting & Company, Nautal (Click&Boat), OceanBlue Logistics Limited, Sunsail Limited (TUI Group), Sunseeker International Ltd., The Moorings, YACHTICO INC., and Zizooboats GmbH.

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Yacht Charter Market

Global yacht charter industry analysis, size, share, growth, trends, regional outlook, and forecast 2021-2027 - (by yacht type coverage, yacht sub-type coverage, yacht size coverage, yacht usage coverage, by geography, leading companies).

Published Date: Jul 2021 | Format: | No. of Pages: 122

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Yacht Charter Market Outlook

Growing Fondness for Sailing Vacations to Boost Global Yacht Charter Market Growth

The global yacht charter market is expected to rise due to an upswing in leisure activities, as tourism becomes the new form of consumerism. Appealing to such a wide range of people - young and old alike, rich and the ones of budgets, the yacht charter market is expected to witness an exponential rise. Inclusive of catering, detailed itinerary, and equipped with entertainment, chartering a yacht has become a new form of vacationing. As the market lures in varied age groups, the  global yacht charter market is pegged to rise at a CAGR of 22.85% over the forecast period of 2021 to 2027 .

The popularity of yacht charter hinges on the growing number of people opting for outdoor vacations that equal the experience of a five-star hotel. Chartering a yacht provides the ability to visit multiple locations in one trip, eliminating the inconveniences of road or air travel. It also has the added benefit of allowing guests to dine in the surroundings of a secluded bay or alcove, which is the unique selling point of this service that also bolsters the growth of yacht charter market.

Commodification of Luxury to Drive Global Yacht Charter Market Ahead

Growing aspirations to live it out with luxury have led to accelerated demand for yacht charters. This is also a result of with social media influences. The service providers in the global yacht charter market are increasingly investing in creating high-end experiences for events such as birthdays or weekend getaways. This has drawn several younger people to yachts charters, driving the yacht charter market with their want for celebrating or gaining experiences. Government initiatives to encourage tourism is also another factor that will stimulate the demand for yacht charters. For instance, the Indonesian Government refurbished its marine tourism policy by excluding the Clearance and Approval for Indonesian Territory (CAIT). This change is projected to increase yacht visits, which were at 6,000 yachts in 2019 alone, creating a profit of US$600 Mn.

The global yacht charter market is likely to be affected by the high cost associated with rentals. Additionally, the costs to maintain yachts are expected to act as a restraint as well, which percolates rentals charged. The mounting costs of service and maintenance of a yacht with expensive routine refitting’s and redesign, engine, and propulsion are often unavoidable and cost up to 10% of the yacht’s value each year.

Motor Yachts Will Lead Global Yacht Charter Market with Improved Functionality 

According to the type of yacht charter, the motor yacht is expected to lead the global yacht charter market during the forecast period because unlike a sailing yacht it powers through sea elements to cover larger distances in lesser time. Its shallow draft design permits the yacht to navigate through shallow and narrow passages. This allows it to explore most of the coastlines hence, which is boosting its demand amongst end users. Motor yachts have bigger deck space, giving users ample area to utilize time while travelling. Luxury motor yachts offer modern conveniences and better communication options that are also propelling the adoption of motor yachts over sailing yachts.

Supportive European Commission Policy Will Keep Europe in Leading Position in Global Yacht Charter Market

Europe dominated the global yacht charter market with a market share of nearly 48% in 2020 and shall continue to retain its position during the forecast period as this region is witnessing a growing number of tourists. Countries such as Italy, and Turkey are expected to drive Europe’s dominance. This region also has a dominance of key players along with flight booking services and online yacht charter collaborations. Increased number of licenses issued for watercraft due to the presence of a wealthy population will lead to the growth of yacht charter market in the region. For instance, in 2017, the European Commission report on nautical tourism stated that around 6 million boats exist in European waters, out of which 60,000 charter boats generate around € 6 billion each year. However, over the years Asia Pacific is likely to show a significant growth rate of nearly 24% due to the rising high net worth of individuals and increasing water activities, especially in Southeast Asian countries.

Key Players in Yacht Charter Market Embrace Change of Strategies to Stay Ahead

The global yacht market players are adopting numerous strategies for growth such as collaborations and partnerships, joint ventures, and mergers & acquisitions. For instance, in June 2018, the Sailogy S.A. purchased the German company Master Yachting and became the global leader worth 50 billion. Similarly, Princess Yachts in July 2018 announced the launch of 6 models. This launch was encouraged by a £100 million investment programme that began in 2015. Companies like Marine Max Group and Click&Boat have acquired other companies with an intent to square off competition and expand their business reach.

Some of the key players operating in the global yacht charter market are Fraser Yacht, Charter Yachts Australia, Boatbound Inc., CharterWorld LLP, Mertello Fairline Yacht, Thai Charters, Dream Yacht Charter, Incrediblue Ltd., Burgess, Boat International Media Ltd., Yachtico, Inc., Inter Yacht Charter, Nicholson Yachts, Simpson Marine, Northrop & Johnson, Sailing Thailand Island Cruises Co., Ltd., Yachting Company, Super Yacht Logistics, LLC., Yacht Charter Fleet, West Coast Marine Yacht Service Pvt Ltd., and Zizooboats GmbH.

The Global Yacht Charter Market is Segmented as Below:

By Yacht Type Coverage

By Yacht Sub-Type Coverage

By Yacht Size Coverage

By Yacht Usage Coverage

By Geographical Coverage

• Rest of Europe
• Rest of Asia Pacific
• Rest of Latin America
• South Africa
• Rest of Middle East & Africa

Leading Companies

• Charter Yachts Australia
• CharterWorld LLP
• Dream Yachts Charter
• Fraser Yachts (Marine Max Group Subsidiary)
• Zizooboats GmbH
• Yachtico, Inc.
• Simpson Yachts Charter

Inside This Report You Will Find:

1. Executive Summary 2. Yacht Charter Market Outlook 3. Global Yacht Charter Market Outlook, 2017 - 2026 4. North America Yacht Charter Market Outlook, 2017 - 2026 5. Europe Yacht Charter Market Outlook, 2017 - 2026 6. Asia Pacific Yacht Charter Market Outlook, 2017 - 2026 7. Latin America Yacht Charter Market Outlook, 2017 - 2026 8. Middle East & Africa Yacht Charter Market Outlook, 2017 - 2026 9. Competitive Landscape 10. Appendix

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1. Executive Summary       1.1. Global Yacht Charter Market : Snapshot       1.2. Future Projections, 2018 - 2027, (US$ Mn)        1.3. Key Segment Analysis and Competitive Insights       1.4. Premium Insights

2. Yacht Charter Market Outlook       2.1. Market Definitions and Segmentation       2.2. Market Dynamics            2.2.1. Driver            2.2.2. Restraint            2.2.3. Industry Challenges & Opportunities       2.3. Market Forces Analysis             2.3.1. Value Chain Analysis            2.3.2. Porters Five Forces Analysis            2.3.3. SWOT Analysis        2.4. Impact Analysis            2.4.1. Pre and Post Covid-19 Analysis            2.4.2. Economic Indicators (GDP Per Capita, BREXIT Analysis, etc.)             2.4.3. Electrification             2.4.4. Parent Industry Trends

3. Global Yacht Charter Market Outlook, 2017 - 2026       3.1. Global Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2028, (US$ Mn)            3.1.1. Key Highlights                 3.1.1.1. Market Growth & Projections (Y-o-Y)                 3.1.1.2. Market Share Analysis, By Yacht Type, 2019 & 2027            3.1.2. Sailing            3.1.3. Motor            3.1.4. Catamaran            3.1.5. Market Attractiveness Analysis, By Yacht Type       3.2. Global Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2028,  (US$ Mn)            3.2.1. Key Highlights                 3.2.1.1. Market Growth & Projections (Y-o-Y)                 3.2.1.2. Market Share Analysis, By Yacht Sub - Type, 2019 & 2027            3.2.2. Classic            3.2.3. Open            3.2.4. Large            3.2.5. Market Attractiveness Analysis, By Yacht Sub - Type       3.3. Global Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2028,  (US$ Mn)            3.3.1. Key Highlights                 3.3.1.1. Market Growth & Projections (Y-o-Y)                 3.3.1.2. Market Share Analysis, By Yacht Size, 2019 & 2027            3.3.2. Small            3.3.3. Medium            3.3.4. Large            3.3.5. Market Attractiveness Analysis, By Yacht Size       3.4. Global Yacht Charter Market Value Forecast, By Usage, 2018 - 2028, (US$ Mn)            3.4.1. Key Highlights                 3.4.1.1. Market Growth & Projections (Y-o-Y)                 3.4.1.2. Market Share Analysis, By Usage, 2019 & 2027            3.4.2. Corporate            3.4.3. Retail            3.4.4. Others            3.4.5. Market Attractiveness Analysis, by Usage       3.5. Global Yacht Charter Market Outlook, by Region,  (US$ Mn), 2017 - 2026            3.5.1. Key Highlights                 3.5.1.1. Market Growth & Projections (Y-o-Y)                 3.5.1.2. Market Share Analysis, By Region, 2019 & 2027                 3.5.1.3. North America                 3.5.1.4. Europe                 3.5.1.5. Asia Pacific                 3.5.1.6. Latin America                 3.5.1.7. Middle East & Africa            3.5.2. Global Market Attractiveness Analysis, by Region

4. North America Yacht Charter Market Outlook, 2017 - 2026       4.1. North America Market Snapshot            4.1.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027, (US$ Mn)                 4.1.1.1. Sailing                 4.1.1.2. Motor                 4.1.1.3. Catamaran            4.1.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)                 4.1.2.1. Classic                 4.1.2.2. Open                 4.1.2.3. Large            4.1.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)                 4.1.3.1. Corporate                 4.1.3.2. Retail                 4.1.3.3. Others            4.1.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)                 4.1.4.1. Small                 4.1.4.2. Medium                 4.1.4.3. Large       4.2. United States            4.2.1. Yacht Charter Market Value Forecast, By Yacht Type, 2017 - 2026,  (US$ Mn)            4.2.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2017 - 2026,  (US$ Mn)            4.2.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027,  (US$ Mn)            4.2.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)       4.3. Canada            4.3.1. Yacht Charter Market Value Forecast, By Yacht Type, 2017 - 2026,  (US$ Mn)            4.3.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2017 - 2026,  (US$ Mn)            4.3.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027,  (US$ Mn)             4.3.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)

5. Europe Yacht Charter Market Outlook, 2017 - 2026       5.1. European Market Snapshot            5.1.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027, (US$ Mn)                 5.1.1.1. Sailing                 5.1.1.2. Motor                 5.1.1.3. Catamaran            5.1.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)                 5.1.2.1. Classic                 5.1.2.2. Open                 5.1.2.3. Large            5.1.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)                 5.1.3.1. Corporate                 5.1.3.2. Retail                 5.1.3.3. Others            5.1.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)                 5.1.4.1. Small                 5.1.4.2. Medium                 5.1.4.3. Large       5.2. Croatia            5.2.1. Yacht Charter Market Value Forecast, By Yacht Type, 2017 - 2026,  (US$ Mn)            5.2.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2017 - 2026,  (US$ Mn)            5.2.3. Yacht Charter Market Value Forecast, By Usage, 2017 - 2026,  (US$ Mn)             5.2.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)       5.3. France            5.3.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027,  (US$ Mn)            5.3.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)            5.3.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027,  (US$ Mn)             5.3.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027,  (US$ Mn)       5.4. United Kingdom            5.4.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027,  (US$ Mn)            5.4.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)            5.4.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027,  (US$ Mn)             5.4.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027,  (US$ Mn)       5.5. Greece            5.5.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027, (US$ Mn)            5.5.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)            5.5.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)            5.5.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)       5.6. Spain            5.6.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027, (US$ Mn)            5.6.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)            5.6.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)             5.6.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)       5.7. Rest of Europe            5.7.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027, (US$ Mn)            5.7.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)            5.7.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)             5.7.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)

6. Asia Pacific Yacht Charter Market Outlook, 2017 - 2026       6.1. Asia Pacific Market Snapshot            6.1.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027, (US$ Mn)                 6.1.1.1. Sailing                 6.1.1.2. Motor                 6.1.1.3. Catamaran            6.1.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)                 6.1.2.1. Classic                 6.1.2.2. Open                 6.1.2.3. Large            6.1.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)                 6.1.3.1. Corporate                 6.1.3.2. Retail                 6.1.3.3. Others            6.1.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)                 6.1.4.1. Small                 6.1.4.2. Medium                 6.1.4.3. Large       6.2. China            6.2.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027, (US$ Mn)            6.2.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)            6.2.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)             6.2.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)       6.3. India            6.3.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027, (US$ Mn)            6.3.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)            6.3.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)             6.3.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)       6.4. Thailand            6.4.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027, (US$ Mn)            6.4.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)            6.4.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)             6.4.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)       6.5. Malaysia            6.5.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027, (US$ Mn)            6.5.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)            6.5.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)             6.5.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)       6.6. ANZ            6.6.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027, (US$ Mn)            6.6.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)            6.6.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)             6.6.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)       6.7. Rest of Asia Pacific            6.7.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027, (US$ Mn)            6.7.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)            6.7.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)             6.7.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)

7. Latin America Yacht Charter Market Outlook, 2017 - 2026       7.1. Latin America Market Snapshot            7.1.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027, (US$ Mn)                 7.1.1.1. Sailing                 7.1.1.2. Motor                 7.1.1.3. Catamaran            7.1.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)                 7.1.2.1. Classic                 7.1.2.2. Open                 7.1.2.3. Large             7.1.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)                 7.1.3.1. Corporate                 7.1.3.2. Retail                 7.1.3.3. Others            7.1.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)                 7.1.4.1. Small                 7.1.4.2. Medium                 7.1.4.3. Large       7.2. Brazil            7.2.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027, (US$ Mn)            7.2.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)            7.2.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)             7.2.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)       7.3. Mexico            7.3.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027, (US$ Mn)            7.3.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)            7.3.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)             7.3.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)       7.4. Argentina            7.4.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027, (US$ Mn)            7.4.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)            7.4.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)             7.4.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)       7.5. Rest of Latin America            7.5.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027, (US$ Mn)            7.5.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)            7.5.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)             7.5.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)

8. Middle East & Africa Yacht Charter Market Outlook, 2017 - 2026       8.1. Middle East & Africa Market Snapshot            8.1.1. Yacht Charter Market Value Forecast, By Yacht Type, 2018 - 2027, (US$ Mn)                 8.1.1.1. Sailing                 8.1.1.2. Motor                 8.1.1.3. Catamaran            8.1.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2018 - 2027, (US$ Mn)                 8.1.2.1. Classic                 8.1.2.2. Open                 8.1.2.3. Large            8.1.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)                 8.1.3.1. Corporate                 8.1.3.2. Retail                 8.1.3.3. Others            8.1.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)                 8.1.4.1. Small                 8.1.4.2. Medium                 8.1.4.3. Large       8.2. Qatar            8.2.1. Yacht Charter Market Value Forecast, By Yacht Type, 2017 - 2026,  (US$ Mn)            8.2.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2017 - 2026,  (US$ Mn)            8.2.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)             8.2.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)       8.3. UAE            8.3.1. Yacht Charter Market Value Forecast, By Yacht Type, 2017 - 2026,  (US$ Mn)            8.3.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2017 - 2026,  (US$ Mn)            8.3.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)             8.3.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)       8.4. Oman            8.4.1. Yacht Charter Market Value Forecast, By Yacht Type, 2017 - 2026,  (US$ Mn)            8.4.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2017 - 2026,  (US$ Mn)            8.4.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)             8.4.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)       8.5. South Africa            8.5.1. Yacht Charter Market Value Forecast, By Yacht Type, 2017 - 2026,  (US$ Mn)            8.5.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2017 - 2026,  (US$ Mn)            8.5.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027, (US$ Mn)             8.5.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)       8.6. Rest of Middle East & Africa            8.6.1. Yacht Charter Market Value Forecast, By Yacht Type, 2017 - 2026,  (US$ Mn)            8.6.2. Yacht Charter Market Value Forecast, By Yacht Sub - Type, 2017 - 2026,  (US$ Mn)            8.6.3. Yacht Charter Market Value Forecast, By Usage, 2018 - 2027,  (US$ Mn)             8.6.4. Yacht Charter Market Value Forecast, By Yacht Size, 2018 - 2027, (US$ Mn)

9. Competitive Landscape       9.1. Company Market Share Analysis, 2019       9.2. Company Profiles             9.2.1. Boatsetter                 9.2.1.1. Company Overview                 9.2.1.2. Financial Performance                 9.2.1.3. Manufacturing Footprint                 9.2.1.4. Strategic Overview                 9.2.1.5. Key Developments (*Note: Above details would be available for below list of companies on the basis of availability)            9.2.2. Burgess            9.2.3. Charter Yachts Australia            9.2.4. CharterWorld LLP            9.2.5. Dream Yacht Charter            9.2.6. Fraser Yachts (Marine Max Group Subsidiary)            9.2.7. Nautal (Click&Boat Subsidiary)            9.2.8. Zizooboats GmbH            9.2.9. Yachtico, Inc.            9.2.10. Simpson Yacht Charter  (Any other leading players)

10. Appendix       10.1. Acronyms and Abbreviations       10.2. Research Scope & Assumptions       10.3. Research Methodology and Information Sources

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Yacht Charter Market Research Report Information By Size (Small, Medium and Large), By Type (Motor Yacht, Sailing Yacht and Other Yacht), By Application (Vacation/ Leisure, Sailing and Others) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

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Yacht Charter Market Overview

Yacht Charter Market Size was valued at USD 11.6 Billion in 2022. The Yacht Charter market industry is projected to grow from USD 12.43 Billion in 2023 to USD 21.68 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.20% during the forecast period (2023 - 2032). Surging demand for experience-based charters are the key market drivers enhancing the market growth.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Yacht Charter Market Trends

Surging demand for experience-based charters is driving the market growth.

The increasing popularity of luxury yacht charters is a pivotal driver for the yacht charter market. High-net-worth individuals and celebrities are increasingly drawn to the allure of exclusive and opulent seafaring experiences. This trend reflects a growing demand for personalized, high-end vacations, where clients can enjoy privacy, luxury amenities, and tailor-made itineraries. The appeal of exploring picturesque destinations while ensconced in lavish surroundings contributes significantly to the market's expansion. As discerning clientele seek unique and indulgent travel experiences, the yacht charter industry responds by providing unparalleled levels of service, further fueling the market's growth and solidifying its status as a preferred choice for those seeking the epitome of luxury at sea.

The heightened emphasis on personalization is a driving force behind the growth of the yacht charter market. Clients increasingly seek bespoke and tailored experiences, prompting charter companies to offer customizable itineraries, amenities, and services. The ability to design unique journeys that align with individual preferences attracts a diverse range of clientele, from adventure enthusiasts to those seeking relaxation and cultural exploration. This shift towards personalized charters aligns with evolving consumer expectations for more meaningful and distinctive travel experiences. The yacht charter industry's commitment to meeting these demands enhances customer satisfaction, fosters loyalty, and contributes significantly to the market's expansion as it caters to the varied tastes and desires of a discerning global clientele.

The surging demand for experience-based charters is a driving factor propelling the yacht charter market forward. Modern travelers seek more than just a luxurious vessel; they crave unique and immersive experiences during their maritime journeys. Charter companies are responding by curating offerings that go beyond traditional amenities, incorporating adventure sports, cultural excursions, and eco-friendly activities. This trend caters to a growing segment of individuals valuing authentic, memorable experiences at sea. The focus on delivering rich, thematic charters not only attracts new clientele but also fosters repeat business, solidifying the industry's position in the evolving travel landscape. As experience-based charters become increasingly sought after, they play a pivotal role in steering the yacht charter market toward sustained growth and innovation.

For instance, Imperial Yacht declared in February 2022 that, in partnership with Amels and Damen Yachting, the delivery of Project AMELS 242-07 is set for this upcoming summer. Thus, driving the Yacht Charter market revenue.

Yacht Charter Market Segment Insights

Yacht charter size insights.

The Yacht Charter Market segmentation, based on size includes Small, Medium and Large. The Small segment dominated the market, accounting for 35% of market revenue (4.35 Billion). Small-size yachts have claimed the largest market share in the yacht charter industry due to their versatility and accessibility. These vessels appeal to a broader clientele, including those seeking intimate, private getaways or cost-effective options for smaller groups. The lower operational costs and ease of navigation make small-size yachts more appealing for various demographics, contributing to their dominance in the market. Additionally, they provide access to unique, secluded destinations that larger vessels may find challenging to reach, enhancing their popularity and market share.

Large-size yachts are experiencing the highest Compound Annual Growth Rate (CAGR) in the yacht charter market due to increasing demand from ultra-high-net-worth individuals. These clients are drawn to the unparalleled luxury, extravagant amenities, and expansive spaces offered by large yachts. The growing trend of hosting events, corporate gatherings, and celebrations on board further propels the demand for these vessels. As the desire for exclusive and extravagant experiences rises, the large-size yacht segment is witnessing significant growth, reflecting a preference for opulence and prestige in the evolving yacht charter market.

Figure 1: Yacht Charter Market, by Size, 2023 & 2032 (USD Billion)

Yacht Charter Type Insights

The Yacht Charter Market segmentation, based on type, includes Motor Yacht, Sailing yacht and other yacht. The Motor Yacht category generated the most income (30%). Motor yachts have claimed the largest market share in the yacht charter industry due to their speed, comfort, and versatility. These yachts provide a luxurious and efficient mode of transportation, appealing to a wide range of charter clients. The convenience of faster travel, coupled with spacious interiors and amenities, attracts both leisure and business-oriented customers. The popularity of motor yachts is further bolstered by their ability to explore multiple destinations in a shorter time frame, making them a preferred choice in the dynamic yacht charter market.

Sailing yachts are experiencing the highest Compound Annual Growth Rate (CAGR) in the yacht charter market due to the rising demand for eco-friendly and authentic sailing experiences. Discerning clientele increasingly values the serene and sustainable nature of sailing, aligning with a growing global trend toward environmentally conscious travel. Sailing yachts offer a unique, leisurely pace, providing travelers with a more intimate and immersive connection to the sea. This, coupled with the appeal of wind-powered navigation, positions sailing yachts as a rapidly growing segment, reflecting evolving preferences in the yacht charter market.

Yacht Charter Application Insights

The Yacht Charter Market segmentation, based on application, includes Vacation/ Leisure, Sailing and Others. The vacation and leisure application generated the most income (25%). The vacation and leisure application has secured the largest market share in the yacht charter industry due to the increasing preference for exclusive and personalized holiday experiences. High-net-worth individuals and luxury travelers seek opulent and memorable vacations, driving the demand for private yacht charters. The allure of exploring exotic destinations with customized itineraries, coupled with the luxurious amenities offered on charter yachts, positions vacation and leisure as the dominant application segment. This trend reflects a growing desire for bespoke and prestigious travel experiences in the yacht charter market.

The sailing application is experiencing the highest Compound Annual Growth Rate (CAGR) in the yacht charter market due to the increasing demand for sustainable and adventure-driven experiences. Discerning travelers are drawn to the eco-friendly and authentic nature of sailing, seeking a slower-paced, more immersive connection to the sea. The rise of experiential travel and a growing global focus on environmental responsibility contribute to the accelerated growth of sailing applications in yacht charters, reflecting evolving preferences and values in the market.

Yacht Charter Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American Yacht Charter market area will dominate this market, North America has secured the largest market share in the yacht charter industry due to the region's high concentration of high-net-worth individuals, a robust luxury travel market, and an increasing demand for exclusive experiences. The well-established yachting infrastructure, diverse and scenic coastlines, and the popularity of destinations like the Caribbean contribute to North America's dominance. Additionally, the region's strong economy and a culture that values premium leisure experiences further support the growth of the yacht charter market in North America.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Europe Yacht Charter market accounts for the second-largest market share due to the cultural attractions, and scenic coastlines make it a highly desirable destination for yacht charters. Europe has captured the second-largest market share in the yacht charter industry due to its extensive and diverse cruising grounds, including the Mediterranean and Northern European waters. The continent's rich maritime history, cultural attractions, and scenic coastlines make it a highly desirable destination for yacht charters. The well-established infrastructure, proximity to affluent markets, and the popularity of the Mediterranean as a luxury yachting hub contribute to Europe's significant presence in the yacht charter market, securing the second-largest market share. Further, the German Yacht Charter market held the largest market share, and the UK Yacht Charter market was the fastest growing market in the European region

The Asia-Pacific Yacht Charter Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to increasing interest in luxury travel. The Asia Pacific region is experiencing the highest Compound Annual Growth Rate (CAGR) in the yacht charter market due to a surge in high-net-worth individuals, economic growth, and increasing interest in luxury travel. As the region becomes a hotspot for affluent tourists, there is a growing demand for exclusive maritime experiences. The diverse and picturesque cruising destinations, coupled with improving yachting infrastructure, contribute to the rapid expansion of the yacht charter market in the Asia Pacific region. Moreover, China’s Yacht Charter market held the largest market share, and the Indian Yacht Charter market was the fastest growing market in the Asia-Pacific region.

Yacht Charter Key Market Players & Competitive Insights

Leading players in the yacht charter market are focusing on enhancing customer experiences through innovative services, expanding their fleet of luxury yachts , and exploring new charter destinations. They are investing in technology for seamless booking processes and integrating sustainability practices to align with evolving consumer preferences. Collaborations with travel agencies and luxury concierge services are also common strategies. Overall, these industry leaders are striving to maintain a market development by offering high-quality, personalized yacht charter experiences to meet the discerning demands of their clientele.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Yacht Charter industry to benefit clients and increase the market sector. In recent years, the Yacht Charter industry has offered some of the most significant advantages to Medium. Major players in the Yacht Charter market, including The Moorings, Dream Yacht Charter, Yacht Charter Fleet, Fraser Yachts, Crewed Yacht Charters, Oceanco, Camper & Nicholsons International, Edmiston & Company, Burgess Yachts and Y.CO and others, are attempting to increase market demand by investing in research and development operations.

The Moorings is a renowned company in the yacht charter market, specializing in providing sailing vacations and yacht charters worldwide. Established in 1969, The Moorings offers a diverse fleet of sail and power yachts, catamarans, and monohulls. With a global presence, they operate in popular destinations such as the Caribbean, Mediterranean, Asia-Pacific, and more. The company is recognized for delivering high-quality, personalized sailing experiences, catering to both novice and experienced sailors. Their offerings include crewed and bareboat charters, sailing courses, and all-inclusive vacations. The Moorings is synonymous with luxury, reliability, and a commitment to providing memorable and bespoke maritime adventures for its clientele.

Yacht Charter Fleet is a prominent player in the yacht charter market, specializing in offering a comprehensive platform for luxury yacht charters worldwide. With a vast portfolio of yachts, including motor yachts, sailing yachts, and catamarans, Yacht Charter Fleet connects clients with an array of charter options in popular destinations. The platform provides detailed information on yacht specifications, crew profiles, and itineraries, facilitating informed choices. Established as a trusted resource in the industry, Yacht Charter Fleet caters to diverse client preferences, from leisure travelers to corporate events. The company's commitment to transparency, customer satisfaction, and a seamless booking process contributes to its strong position in the competitive yacht charter market.

Key Companies in the Yacht Charter market include

• The Moorings
• Dream Yacht Charter
• Yacht Charter Fleet
• Fraser Yachts
• Crewed Yacht Charters
• Camper & Nicholsons International
• Edmiston & Company
• Burgess Yachts

Yacht Charter Industry Developments

January 2022: Northrop & Johnson has recently forged a collaboration with Master & Dynamic, a well-known audio brand. This strategic partnership ensures that clients of Northrop & Johnson receive exclusive Master & Dynamic headphones, thoughtfully crafted playlists, and a selection of wellness items tailored for optimal enjoyment during their luxury yacht experience.

January 2021: Burgess has unveiled a fresh collaboration with Marine Solutions in India, signaling a strategic move to enhance client services and cultivate new relationships in the region. Through this partnership, Burgess seeks to elevate its charter services in the Indian Ocean, further enriching the experience for both existing and prospective clients.

Yacht Charter Market Segmentation

Yacht charter size outlook, yacht charter type outlook.

• Motor Yacht
• Sailing yacht
• Other yacht

Yacht Charter Application Outlook

• Vacation/ Leisure

Yacht Charter Regional Outlook

• Rest of Europe
• South Korea
• Rest of Asia-Pacific
• Middle East
• Latin America

Frequently Asked Questions (FAQ) :

The Yacht Charter Market size was valued at USD 11.6 Billion in 2022.

The global market is projected to grow at a CAGR of 7.20% during the forecast period, 2023-2032.

North America had the largest share in the global market

The key players in the market are The Moorings, Dream Yacht Charter, Yacht Charter Fleet, Fraser Yachts, Crewed Yacht Charters, Oceanco, Camper & Nicholsons International, Edmiston & Company, Burgess Yachts and Y.CO Company.

The medium category dominated the market in 2022.

The sailing had the largest share in the global market.

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• Consumer Goods and Services /
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Yacht Charter Global Market Report 2024

• February 2024
• Region: Global
• The Business Research Company
• ID: 5940058
• Description

Table of Contents

Executive summary.

• Companies Mentioned

Methodology

Related topics, related reports.

• Purchase Options
• Ask a Question
• Recently Viewed Products
• Motorized Yacht
• Sailing Yacht
• Other Types
• Bareboat Charter
• Crewed Charter
• Vacation/ Leisure
• Other Applications

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• The forecasts are made after considering the major factors currently impacting the market. These include:
• The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
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• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Companies mentioned (partial list).

A selection of companies mentioned in this report includes, but is not limited to:

• Burgess Yachts Limited
• Dream Yacht Worldwide
• The Moorings
• Camper & Nicholsons International Ltd.
• Fairline Yacht
• Princess Yacht Charter
• Boat International Media Ltd.
• West Coast Marine Yacht Services
• Super Yacht Logistics Ltd.
• Sailogy S.A.
• Charterworld Ltd.
• Martello Yachting
• Yachtico Inc.
• Northrop & Johnson
• Barefoot Yacht Charters
• Fraser Yachts
• Incrediblue Ltd.
• Orvas Yachting
• Partners International
• Croatia Charter
• Windward Islands Yachting Company
• Bluewater Yachting
• Horizon Yacht Charters
• Navigare Yachting BVI
• Sunsail Limited
• Yacht Getaways
• TUI Marine Limited
• Kiriacoulis Mediterranean
• Luxury Yacht Group
• Ocean Independence
• International Yacht Corporation
• Nicholson Yacht Charters & Services
• Zizooboats GmbH
• Travel And Tourism
• Yacht Charter

Global Yacht Charter Market by Length (20 to 50 ft., Above 50ft, Up to 20ft.), Type (Motor Yacht, Sailing Yacht), Contract Type - Forecast 2024-2030

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Region North America Europe Asia-Pacific Latin America Middle East and Africa

Yacht Charter Market By Segments, By Region and Companies - Market Analysis, Trends, Revenue Opportunity, Competitive Analysis, and Forecast 2023-2032

Description

• Table of Contents

Yacht Charter Market Overview:

The Yacht Charter Market overview provides a comprehensive understanding of the analyzed market. It includes an introduction to the market, its size, growth rate, and key trends. This aims to give clients a broad understanding of the market landscape. The market analysis of the Yacht Charter Market delves deeper into the market dynamics, focusing on factors such as market drivers, challenges, and opportunities. It explores the macroeconomic and microeconomic factors affecting the market, industry regulations, and emerging market trends. The analysis provides valuable insights into the current and future market conditions.

The assessment of the Yacht Charter Market is performed by taking various factors into consideration, like, for instance, the business expansion policies of key players, competitive analysis of the progress of new entrants and emerging players, and the revenue, financial, and opportunity analysis of market players. The also analyzed based on regional segmentation, type or technique, end-user spectrum, etc. This research implements the latest methodologies to help clients understand the overall market scenario and strategize accordingly. The Yacht Charter Market report provides an overview of the different types of analysis conducted during the market research process, including but not limited to SWOT analysis, Porter's Five Forces analysis, PESTLE analysis, and market forecasting. These analyses provide a deeper understanding of the market dynamics and assist in making informed business decisions.

Major players included in the Yacht Charter Market:

• Ionian Catamarans
• West Coast Marine Yacht Services Pvt. Ltd.
• MARTELLO YACHTING & COMPANY
• Boatsetter, Inc.
• SAILOGY S.A.
• Northrop & Johnson
• Boatjump, S.L.
• ZIZOOBOATS GmbH
• Yachtico, Inc.

Yacht Charter Market Segmentation:

• Small (Up to 30m)
• Medium (30m-50m)
• Large (Over 50m)
• Motor Yacht
• Sailing yacht
• Other yacht

By Application

• Vacation/ Leisure

Future Market Analytics Focus Points:

• SWOT Analysis
• Key Market Trends
• Key Data -Points Affecting Market Growth
• Revenue and Forecast Analysis
• Growth Opportunities For New Entrants and Emerging Players
• Key Player and Market Growth Matrix

Yacht Charter Market Competitive Analysis:

The competitive analysis of the Yacht Charter Market assesses the competitive landscape of the market. It includes evaluating key players in the industry, their market share, business strategies, and competitive advantages. The competitive analysis also highlights the strengths and weaknesses of major competitors, allowing clients to understand the competitive positioning of companies operating in the market.

Objectives of the Study:

• To provide a comprehensive analysis on the Yacht Charter Market by segmentation and by region
• To cater extensive insights on factors influencing the market growth (drivers, restraints, industry-specific restraints, business expansion opportunities)
• To anticipate and analyse the market size expansion in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa
• To record and evaluate competitive landscape mapping- strategic alliances and mergers, technological advancements and product launches, revenue and financial analysis of key market players

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Our market research reports provide valuable insights to clients in their decision-making process and support their growth and market capture efforts. They offer:

• Comprehensive understanding of market trends, dynamics, and growth potential.
• Identification of niche markets and emerging opportunities.
• Assessment of competitive landscape and strategic benchmarking.
• Insights into consumer preferences, buying behavior, and market demand.
• Risk assessment and mitigation strategies.
• Market forecasting and trend analysis for informed business planning.
• Understanding product development, pricing, and other strategies.

In case of any specific requirements or changes to the current table of content based on your scope, please contact us at: [email protected]

Yacht Charter Market Introduction

• Objectives of the Study
• Market Definition
• Years Considered for the Study
• Market Covered
• Limitations
• Stakeholders

Research Methodology

• Key Data from Secondary Sources
• Key Data from Primary Sources
• Market Size Estimation
• Market Breakdown and Data Triangulation
• Assumptions for the Study

Executive Summary

• Market Outlook
• Segment Outlook
• Competitive Insights

Yacht Charter Market Variables, Trends & Scope

• Market Lineage Outlook
• Penetration and Growth Prospect Mapping
• Industry Value Chain Analysis
• Cost Analysis Breakdown
• Technology Overview
• Reimbursement Framework
• Standards and Compliances

Yacht Charter Market Overview

• Market Driver Analysis
• Market Restraint Analysis
• Industry Challenges

Yacht Charter Market Analysis Tools

• Supplier Power
• Buyer Power
• Substitution Threat
• Threat from New Entrants
• Competitive Rivalry
• Political Landscape
• Environmental Landscape
• Social Landscape
• Technology Landscape
• Legal Landscape

Yacht Charter Market, By Segmentation Historical Analysis 2017-2022 and Forecast 2023-2032 (USD million)

North america market analysis 2017-2022 and forecast 2023-2032 (usd million).

• Introduction
• Rest of North America
• Market Size (USD Mn) Forecast for North America 2023-2032

Latin America Market Analysis 2017-2022 and Forecast 2023-2032 (USD Million)

• Regional Market Trends
• Rest of Latin America
• Market Size (USD Mn) Forecast for Latin America 2023-2032

Europe Market Analysis 2017-2022 and Forecast 2023-2032 (USD Million)

• Switzerland
• Rest of Europe
• Market Size (USD Mn) Forecast for Europe 2023-2032

Asia Pacific Market Analysis 2017-2022 and Forecast 2023-2032 (USD Million)

• Australia and New Zealand
• Rest of Asia Pacific
• Market Size (USD Mn) Forecast for Asia Pacific 2023-2032

Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2032 (USD Million)

• South Africa
• Saudi Arabia
• Rest of MEA
• Market Size (USD Mn) Forecast for MEA 2023-2032

Yacht Charter Market Company Profiles:

We will provide a Company Overview (HQ, Business Segments, Employee Strength), Technology Portfolio, Competition Dashboard, Competitors Deep Dive, SWOT Analysis, Financial Overview/Layouts, and Strategic Overview of the above company profiles.

(Note: The list of the major players will be updated with the latest market scenario and trends)

Impact of COVID-19

• Positive influence on the industry
• The financial disruption of the sector
• Impact of COVID-19 on emerging companies
• Significant mandates in the industry regulations initiated by administrations
• The overall economic slowdown of the developing and developed nations

Competitive Intelligence and Competitive Matrix

• Competitive Intelligence
• Competitive Matrix

Major Deals and Strategic Alliances Analysis

• Joint ventures
• Mergers and acquisitions
• Licensing and partnerships
• Technology Collaborations
• Strategic Divestments
• Market Entry Strategies

Relevant Case Studies and Latest News Updates

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Yacht Charter Market

An Analysis of the Yacht Charter Market by Sloop, Schooner, Catamaran and Ketch

Sailing into Uncharted Waters- Exploring the Lucrative Horizons of the Yacht Charter Market

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Yacht Charter Market Outlook (2023 to 2033)

The yacht charter market is estimated to be valued at US$ 19 billion in 2023 and is expected to reach a valuation of US$ 31 billion by 2033. The adoption of yacht charter likely to advance at a CAGR of 5% during the forecast period. Yacht charters accounted for 30-35% share of the global boat market in 2020. Increased interest and spending on recreational activities such as sailing and growing marine tourism is driving yacht charter demand.

Future Market Insights predict a comparison and review analysis of the dynamics of the yacht charter market, which is principally subjected to an array of industry factors along with a few definite influences concerning viewpoints that support industry innovation. Some new advances that have taken place in the market include companies that furnish yachts and give the best itinerary based on clients' needs, complete with crew and captain, as well as online or on-call support for the duration of the charter.

Key reasons for this change in growth rate are attributed to the steady uptake of the market during the first half of the forecast period, owed to the rising customer income and increased interest in maritime tourism, rising disposable income, and quickly evolving preferences for recreational and leisure activities.

In 2022 Northrop & Johnson and NetJets, a private aviation company announced cooperation in February 2022. By offering elevated travel experiences in the sky, on the sea, and everywhere in between, their alliance will give clients a luxurious, pleasant, and memorable travel experience.

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2018 to 2022 Global Yacht Charter Market Outlook Compared To 2023 to 2033 Forecast

The yacht charter market expanded at a CAGR of 4.5% from 2018 to 2022 and amassed revenue worth US$ 17.57 billion in 2022. The yacht charter sector is expanding rapidly. The process of renting or sailboat charter, motorboat charter, boat charter, or ship charter and traveling to various coastal or island areas is known as yacht chartering.

Yacht charters are commonly utilized for recreational, commercial, and holiday purposes. Without owning a yacht, a yacht charter is a handy and easy way to spend a long yacht vacation with friends and family. Yacht charter companies furnish yachts and give the best itinerary based on clients' needs, complete with crew and captain, as well as online or on-call support for the duration of the charter.

Growing popularity of luxury marine tourism and personalized services among passengers is positively impacting the expansion of the yacht charter market. Furthermore, growing tourism industry, rising disposable income, and quickly evolving preferences for recreational and leisure activities will all contribute to the expansion of the yacht charter market over the coming years. Yacht charter demand is expected to increase at a healthy CAGR of 5% from 2023 to 2033. This projected growth rate in yacht charter demand is estimated to net a market valuation of US$ 31 billion by 2033.

Setting Sail to Profit: Yacht Charter Revenue Surges as Maritime Tourism Captures the Imagination of Adventure-Seeking Customers

Rising customer income and increased interest in maritime tourism are likely to fuel the yacht charter business. Recreational boating has become increasingly popular in recent years, opening the path for the growth of yacht charter enterprises.

The marine recreation and entertainment business makes a lot of money from water sports. Sailing, windsurfing, boating, water scooter rides, parasailing, and jet skiing are just a few of the sports accessible along coasts, and they are becoming increasingly popular. The bulk of seaside tourist resorts and hotels now offer such services.

A growing number of holidaymakers are looking for fun activities with their families and friends. As a result, the yacht charter sector is likely to benefit from corporate programs, government programs, and initiatives aimed at promoting maritime tourism.

Sailing into Success: How Boat Shows Transform into Dynamic Hubs for Securing Unforgettable Yacht Bookings

Dealers and businesses have a one-of-a-kind opportunity to gain substantial sales and enhance their brand's market reach during boat shows. As a result, yacht manufacturers are investing a lot of work into showcasing their new yachts at major boat events around the world to boost their visibility among potential buyers and in the industry.

As a result, the yachting industry is growing. There are several advantages to yacht charter bookings at a boat show rather than online. At events, special bargains are frequently available that are not available at other times. To complete a sale, companies are now more inclined to haggle over costs or give reductions. As a result, these factors contribute to the expansion of the yachting industry.

Sailing in Rough Waters: The Impact of High Yacht Charter Costs on the Growth of the Market

The cost of chartering a yacht is determined by several factors, including the charter destination, yacht type, local and cross-border taxes, and basic fees. As a result, rental rates for these charters vary greatly. Aside from that, private yacht rental can cost anywhere from US$ 10,000 per week and sailing yacht cruises to over US$ 200,000 per week for the most luxury charter.

There are also some hidden charges and non-mandatory expenses, such as tax and other charges, allowances, insurance, and crew gratuity, which can range from 15% to 30% of the base price. These expenses represent an impediment for many clients in developing economies, limiting market expansion even further.

Comparative View of Adjacent Markets

Yacht Charter Market:

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Baggage Handling System Market:

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Country-wise Insights

Setting sail to success: unraveling the market growth and potential of yacht charters in the united states.

In terms of yacht charters, the United States is the most dominant nation in North America. Customers in the United States prefer to travel in large groups to charter destinations. This is to take advantage of group discounts provided by various yacht charter firms, as well as to cut individual expenditure by pooling expenses.

Consumers in the United States are more interested in yachts that provide comfort rather than performance. Furthermore, because majority of consumers in the country are tech-savvy, yacht charter firms place a premium on supplying clients with yachts that are outfitted with the latest technology, which draws additional customers.

Sailing into Paradise: Thailand's Captivating Beach Destinations Fueling Private Yacht Charter Bookings

In recent years, Thailand has become one of the world's most popular destinations for a yacht charter vacation, and with good reason as visitors from all over the world are eager to see the country's gorgeous vistas. This directly increases private yacht booking services.

Thailand has constantly seen significant demand for leisure activities among visitors, from the magnificent limestone rock formations of Phang Nga Bay and Krabi to the lovely white sand beaches and crystal clear seas of the Phi-Phi Islands for some breathtaking scuba diving.

Tourists from all over the world are drawn to such wonderful destinations, which encourage them to spend their vacations with their families and friends. This is likely to increase demand for yacht charters in Thailand.

Category-wise Insights

Sailing towards success: unveiling the transformative role of the retail segment in fueling yacht charter demand.

Due to growing tourism, the retail segment is projected to hold a significant proportion of the global market in terms of volume and value. Growing popularity of luxury cruising, particularly among high-net-worth people and ultra-high net worth individuals around the world, is driving the yacht charter sector.

New tourist locations that provide luxury cruises and breathtaking landscapes have enticed wealthy and ultra-wealthy people from all over the world to visit them. Furthermore, by expanding premium amenities such as infrastructure, Internet facilities, and bars and restaurants, companies are focusing more on delivering enhanced and expanded luxury cruises for their customers, which is predicted to grow the yacht charter industry in the retail segment.

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Setting Sail with Excellence: Navigating the Dynamic Waters of the Yacht Charter Market's Competitive Landscape

The competitive landscape of the yacht charter market is characterized by a dynamic and diverse environment. Key players in the industry strive to differentiate themselves through superior service, an extensive fleet of well-maintained yachts, global presence, and personalized experiences. Innovation plays a crucial role as companies invest in state-of-the-art technology, eco-friendly practices, and unique onboard amenities to attract discerning clients.

Partnerships with luxury brands, travel agencies, and concierge services further enhance the competitive edge. A strong online presence, effective marketing strategies, and a focus on customer satisfaction are essential for success in this highly competitive market. With continuous advancements and evolving consumer preferences, the competitive landscape of the yacht charter market remains vibrant, driving innovation and raising the standards for unparalleled luxury experiences.

Key Players in the Market

• Northrop & Johnson
• Yachtico Inc.
• Sailogy S.A.
• Ionian Catamarans
• Royal Yacht International
• Princess Yacht Charter
• Barrington Hall Yacht Charters
• Zizooboats GmbH

How can Yacht Charter Service Providers expand in the Market?

Strategies for Yacht Charter Manufacturers to Expand in the Market

• Offer a wide range of yacht options, including different sizes, styles, and amenities, to cater to various client preferences.
• Incorporate environmentally friendly technologies and practices in yacht manufacturing to attract eco-conscious clients and align with industry trends.
• Collaborate with luxury brands, travel agencies, and charter brokers to expand reach and gain access to new customer segments.
• Focus on personalized services, onboard amenities, and exceptional hospitality to provide memorable experiences that encourage repeat business and positive word-of-mouth.
• Invest in a robust online presence, utilize social media platforms, and partner with reputable online booking platforms to reach a wider audience and simplify the booking process for potential clients.

Product Portfolio

• Barrington Hall Yacht Charters offers a comprehensive product portfolio in the yacht charter market. Their offerings include a diverse range of luxury yachts for charter, tailored itineraries, personalized concierge services, and professional crew to ensure an exceptional and memorable yacht charter experience.
• Zizooboats GmbH provides a versatile product portfolio in the boating industry. Their offerings include a wide selection of boats for sale and charter, ranging from motorboats to sailing yachts. With a focus on quality, innovation, and customer satisfaction, Zizooboats GmbH caters to diverse boating enthusiasts, providing them with unparalleled experiences on the water.

Report Scope

Market Segmentation

By sailing yachts:, by motor yachts:.

• Displacement Type
• Semi-displacement
• Small (up to 30m) Yachts
• Medium (30m-50m) Yachts
• Large (over 50m) Yachts

By Consumer:

• Corporate Yacht Charters
• Family/Group
• North America
• Latin America
• Western Europe
• Eastern Europe
• South Asia and Pacific
• Middle East & Africa

Frequently Asked Questions

How big is the yacht charter market.

The net worth of the market is expected to be US$ 19 billion by 2023.

Is the Yacht Charter Market Growing?

The yacht charter market is expanding at a CAGR of 5% through 2033.

Which Trend is Emerging in the Yacht Charter Industry?

The surfacing trend of “workation” charters in the yacht charter industry unites luxury travel with remote work.

Which Opportunities are Emerging in the Yacht Charter Industry?

The emergence of themed charters like wellness retreats and culinary experiences are cropping up new opportunities in the market.

Which is the Top Consumer of Yacht Charter?

The retail segment is the top consumer of yacht charters.

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Yacht charter market size & share to surpass $11.2 billion by 2030 | vantage market research.

WASHINGTON, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Global Yacht Charter Market is valued at USD 7.5 Billion in 2022 and is expected to reach USD 11.2 Billion by 2030 at a CAGR of 5.9% over the forecast period 2023-2030.

The demand for Yacht Charters has grown dramatically over the past several years due to the increasing tourism industry, rising disposable income, and greater interest in recreational and leisure activities. The demand is being considerably influenced by the obvious trend of people becoming wealthier. Therefore, it is projected that rising personal disposable income will benefit the worldwide market. Additionally, the global market is anticipated to benefit from the expanding trend of luxury travel shortly.

The high Total Cost of Ownership (TCO) associated with personal yachts, marine travel, and tourism activities has not been significantly impacted due to the simple availability of Yacht Chartering. Increasing availability, the number of yacht service providers, and promotional events are other elements fostering the market's expansion. Additionally, it has been noted that younger generations strongly favor boat chartering. The majority of young, wealthy clients like to book a boat for special occasions like weekend gatherings, birthdays, and anniversaries.

The report thoroughly analyzes producers and their current prospects. It also details the global demand drivers for Yacht Charter Market, including rising investment requirements and developing technology.

Get Access to Free Sample Research Report with Latest Industry Insights @ https://www.vantagemarketresearch.com/yacht-charter-market-2190/request-sample

Market Overview

The Yacht Charter market is a major area of worldwide tourist and leisure. It entails the hiring or chartering of yachts for leisurely sailing, giving both individuals and groups the chance to enjoy opulent cruising and individualized vacation experiences. High-net-worth individuals and luxury travelers’ growing preference for unique and custom travel experiences has led to the market's significant expansion in recent years.

The most common type of boat among charter customers is a motor yacht, which makes up a sizeable portion of the market. These boats cater to people looking for a seamless and lavish sailing experience by offering sleek designs, rich facilities, and high-speed capabilities. Additionally, a sizable portion of the market is occupied by sailing yachts, which appeal to sailors who value the tranquility and authenticity of the sailing experience.

The Yacht Charter market is characterized by a fragmented competitive environment, with both small and large firms competing for customers. These include yacht rental businesses, boat builders, travel agencies, brokers, and intermediaries. Businesses in the market work hard to stand out from the competition by providing a wide variety of boats, first-rate clientele service, and distinctive itineraries.

Europe to Lead Global Market due to the Region Being a Popular Tourist Destination. A renowned tourist destination, Europe is anticipated to dominate the worldwide Yacht Charter market on a regional basis. With its wide variety of coastal regions and attractive locations, Europe draws many travelers from all over the world. Particularly known for its magnificent scenery, clean waters, and lively coastal communities, the Mediterranean is a popular location for Yacht Charters. European nations with a rich nautical history, first-rate infrastructure, and a well-established network of marinas and yacht rental firms include Italy, Greece, Croatia, and France. Nevertheless, developing economies in Southeast Asia and the South Pacific are expanding, luring tourists with their clean coastlines.

Top Players in the Global Yacht Charter Market

Dream Yacht Charter (Italy)

Yachtico (U.S.)

Asta Yachting (Croatia)

OceanBLUE Yachts Ltd. (UK)

Simpson Marine (Hong Kong)

Ocean Independence (U.S.)

Imperial Yachts (Monaco)

Northrop & Johnson (U.S.)

Burgess (U.S.)

To Know an Additional List of Key Players, Request Here to Download a Free Report PDF Brochure: https://www.vantagemarketresearch.com/yacht-charter-market-2190/request-sample OR Enjoy a Fabulous 50% Discount with code "JULY50"! Don't miss out on these incredible savings @ https://www.vantagemarketresearch.com/buy-now/yacht-charter-market-2190/0

Market Dynamics Increase in the Number of Private Islands on Cruise Itineraries The increased presence of private islands on cruise itineraries has had a noticeable impact on the Yacht Charter sector. This pattern indicates the rise in demand among tourists for uncommon and special experiences. Cruise lines are making investments in land-based private islands, giving passengers the chance to extend their onboard experience with secluded beach time. This market dynamic makes yacht rentals more appealing as more cruise lines invest in such projects and some already own private islands. It enables vacationers to luxuriate in exclusive and opulent locales, further elevating the overall experience and drawing in a wider clientele to the yacht rental business.

Shift Toward Alternative Sources of Energy and Rising Disposable Income Coupled with Purchasing Power A substantial market dynamic is currently affecting the Yacht Charter industry due to a shift towards alternative energy sources as well as an increase in disposable income and purchasing power. Yachts with alternative propulsion systems, such as hybrid or electric ones, are in greater demand as a result of increased environmental concerns and an emphasis on sustainability. This change is being brought about by efforts to lessen carbon emissions and Yacht Charters' negative environmental effects. Additionally, the market is expanding as a result of the increase in wealthy people's disposable income and purchasing power. The demand for Yacht Charters is rising as more people get the financial means to indulge in luxurious experiences, creating a dynamic and changing market.

High Cost Associated with Yacht Charter An important market factor in the Yacht Charter sector is the high cost of boat charters. Yacht Charter charges vary depending on the type of yacht, the location of the charter, local taxes, and other costs. A Yacht Charter can cost between tens of thousands and hundreds of thousands of dollars every week, making it a premium experience only available to a small number of wealthy people. There are extra costs in addition to the base price, such as taxes, insurance, crew tips, and advanced provisioning allowance, which might raise the overall cost. The market's growth is constrained by the high cost of Yacht Charters, which serves as a deterrent for many potential customers, particularly those in emerging economies.

Have Queries? Speak to an expert or Click Here to Download/Request a Sample: https://www.vantagemarketresearch.com/yacht-charter-market-2190/request-sample

Top Trends in the Global Yacht Charter Market

One trend that Vantage Market Research (VMR) expects to see in the Yacht Charter Industry is Sustainability and eco-consciousness. As people become more aware of environmental problems, there is a noticeable movement towards sustainability in several different businesses, including the Yacht Charter market. Charter customers are looking for environmentally friendly options including yachts with alternative or hybrid propulsion systems, waste management techniques, and sustainable practices.

Another that VMR predicts will continue is the emerging destinations & unexplored waters. While well-known Yacht Charter locations like the Mediterranean and the Caribbean still draw visitors, there is a rising trend towards visiting less-traveled-to and emerging locations. Charter customers are looking to explore uncharted waters to find pristine coastlines, fascinating cultures, and one-of-a-kind experiences.

The need for wellness and well-being has emerged as a major trend in the tourism industry, and the Yacht Charter market is no exception. Customers of Charter are looking for holistic experiences that encourage rest, renewal, and general well-being. Wellness amenities including aboard spas, fitness centers, yoga studios, and healthy food options are now available on Yacht Charters.

Top Report Findings

Based on the Type of Contract, bareboat Yacht Charters dominate the market for yacht rentals. In a bareboat charter, a yacht is rented without a crew or any other extras, and the charterer is solely responsible for navigating and running the boat. For seasoned sailors or people who prefer to run their own boat experience, this kind of charter offers flexibility and freedom. The sense of adventure, solitude, and control that bareboat charters give their clients can be credited for their popularity.

Based on Yacht Size, it is anticipated that the Yacht Charter market will generate the most money from 40m yachts. These boats appeal to a sizable number of charter customers because they strike a mix between luxury, comfort, and manageability. 40m yachts are the perfect backdrop for a lavish and unforgettable charter experience thanks to their large room, high-end facilities, and elegant design.

Based on Yacht Type, Motorized yachts are anticipated to rule the Yacht Charter Market during the anticipated period. A wide variety of charter customers are drawn to the power, speed, and luxury that motorized boats offer. These yachts have strong engines that allow for quick navigation and efficient cruising, giving the freedom to visit several locations in a short amount of time.

Based on End Users, Leisure Travel is dominate the Yacht Charter market. Individuals and families wishing for opulent and memorable vacations are the main consumers of Yacht Charters. Charter passengers traveling for pleasure are looking for a chance to unwind, go on an adventure, and travel to far-off places in the utmost comfort and solitude. With access to breathtaking coastlines, secret anchorages, and top-notch amenities on board, Yacht Charters provide a distinctive and exclusive way to experience the sea.

Browse market data Tables and Figures spread through 141 Pages and in-depth TOC on Yacht Charter Market Forecast Report (2023-2030).

The Motorized Yacht Will Lead the Market due to its Ability to Offer Luxurious Amenities, Efficient Travel, and Versatility to Cater to a wide range of Customers and End-Users

The motorized yacht category became the market leader in the Yacht Charter industry with the biggest market share. Because of their strength and speed, motor yachts drew a wide range of passengers looking for comfortable and opulent cruising. These yachts provide charter guests with a comfortable and opulent onboard experience because of their extensive space for utilities, entertainment areas, and cabins.

Several factors have contributed to the market share growth of the motorized yacht segment. Passengers can visit more places in a shorter amount of time thanks to the speedier and more effective mobility that motor boats offer. Time-conscious charterers who want to get the most out of their trip and see more may find this appealing.

A wide variety of charter clients, such as leisure travelers, corporate groups, and those looking for a mix of leisure and business purposes, are catered to by the motorized yacht market. Because of their adaptability, motor yachts can be used for a variety of purposes, satisfying a range of preferences and needs. Motor yachts offer a platform for both relaxation and entertainment, making them highly sought-after in the Yacht Charter industry. They also have roomy decks, water sports gear, and onboard amenities.

We forecast that the market share of various yacht segments can be impacted by elements such as changing consumer preferences, improvements in yacht technology, and developing trends.

For Additional Information OR Media Enquiry, Please Mail At: [email protected]

Global Yacht Charter Market Segmentation

By Contract Type

By Yacht Size

By Yacht Type

Motor Yachts

Sail Yachts

Other Yacht Types

Other End Uses

North America

Asia Pacific

Latin America

Middle East & Africa

Read Full Report with TOC @ https://www.vantagemarketresearch.com/industry-report/yacht-charter-market-2190

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Global Yacht Charter Market Size to Reach $ 11.2 Billion at a CAGR of 5.9% by 2030: https://v-mr.biz/yacht-charter-market

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Yacht Charter Market

Yacht charter market - global industry assessment & forecast, automotive transportation & logistics, segments covered.

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The global Yacht Charter Market is valued at USD 7.5 Billion in 2022 and is projected to reach a value of USD 11.2 Billion by 2030 at a CAGR (Compound Annual Growth Rate) of 5.9% between 2023 and 2030.

Premium Insights

The market for Yacht Charters has expanded significantly by over 15% annually. This development might be ascribed to the rising demand for individualized and unique travel experiences among high-net-worth individuals and luxury travelers.

Yacht Charter Market Size, 2022 To 2030 (USD Billion)

Ai (gpt) is here ask questions about yacht charter market.

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Many countries worldwide are developing policies to strengthen the coastal tourism sector due to climate change and environmental degradation. The maritime policy of the European Union supports the growth of coastal tourism and marine economic activity. For instance, In November 2022, Poland ranked eighth in the world and fifth in Europe in terms of exports of yachts. Poland produces ~22,000 yachts which include both general and luxury yachts.

The Yacht Charter sector had a fall in growth due to the COVID-19 pandemic's negative effects on world tourism. The pandemic led to a large drop in tourists visiting well-known locations and uncertainty and fear within the Yacht Charter sector. For instance, In 2022, U.S. yacht sales began to normalize after a period of solid growth. Consumer spending patterns shifted towards other accessible activities like travel, music concerts, and sporting events.

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Key Highlights

• Europe generated more than 60% of the revenue share in 2022,
• Asia Pacific is expected to expand at the fastest CAGR from 2023 to 2030,
• By Contract Type, the Bareboat Contracted Yacht segment contributed more than 33% of revenue share in 2022,
• By Yacht Size, the 40m Yacht segment registered more than 40% of revenue share in 2022,
• By Yacht type, the Motorized Yacht segment recorded the most significant market share in 2022,
• By end use, Leisure Travel dominates the Yacht Charter market.

Economic Insights

The Yacht Charter industry makes an essential contribution to the economy, and it also affects nearby communities and related businesses. Additionally, the market supports jobs in yacht maintenance and repair, brokerage, yacht management, and other related services. Collectively, the Yacht Charter industry provides employment opportunities for thousands of individuals globally. The expansion of ancillary sectors like yacht construction and the production of marine equipment also benefits from the market, which increases economic activity and investment. Marine tourism has a positive impact on economic growth in several ways. It also earns foreign exchange and contributes to government revenue. It creates jobs and makes an essential contribution to the local economy. In addition, it provides various sociocultural benefits such as strengthening communities and promoting sustainable tourism. Many countries worldwide are developing policies to strengthen the coastal tourism sector due to climate change and environmental degradation.

Top Market Trends

• Sustainability and eco-consciousness: As people become more aware of environmental problems, there is a noticeable movement towards sustainability in several different businesses, including the Yacht Charter market. Charter customers are looking for environmentally friendly options including yachts with alternative or hybrid propulsion systems, waste management techniques, and sustainable practices. In response, Yacht Charter firms are implementing eco-friendly policies, promoting eco-aware travel, and incorporating sustainable technologies and practices into their daily operations.
• Emerging Destinations & Unexplored Waters: While well-known Yacht Charter locations like the Mediterranean and the Caribbean still draw visitors, there is a rising trend towards visiting less-traveled-to and emerging locations. Charter customers want to explore uncharted waters to find pristine coastlines, fascinating cultures, and unique experiences. These regions include Southeast Asia, the South Pacific, and inaccessible islands. These growing locations are now included in the services of Yacht Charter companies, giving tourists the chance to journey outside of the usual tourist sites and partake in authentic off-the-beaten-path experiences.
• Wellness and well-being: The need for wellness and well-being has emerged as a major trend in the tourism industry, and the Yacht Charter market is no exception. Customers of Charter are looking for holistic experiences that encourage rest, renewal, and general well-being. Wellness amenities including aboard spas, fitness centers, yoga studios, and healthy food options are now available on Yacht Charters. Yacht Charter firms are introducing wellness-focused components to meet the growing demand for health-conscious vacation experiences, from wellness getaways to personalized wellness programs.
• Technological innovations: To improve the visitor experience and expedite operations, the Yacht Charter industry is adopting technological innovations. Luxury yachts are incorporating cutting-edge onboard amenities including high-speed internet connectivity, smart home automation systems, cutting-edge entertainment systems, and virtual reality experiences. Additionally, to offer seamless and individualized service to charter customers, Yacht Charter businesses are utilizing technology for effective booking procedures, online platforms for itinerary customization, and digital concierge services.

The global Yacht Charter market can be categorized on the following: Contract Type, Yacht Size, Yacht Type, End Use, and Region . Based on Contract Type , the market can be categorized into Bareboat and Crewed. Additionally, based on Yacht Size , the market can be split further into Up to 40m, 40 to 60m, and Above 60m. Moreover, based on Yacht Type , the market can be segregated into Motor Yachts, Sail Yachts, and Other Yacht Types. Furthermore, based on End Use , the market can be fragmented further into Leisure, Business, and Other End Uses. Likewise, the market is segmented based on Region : North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Based on the Contract Type

Bareboat Contracted Yacht Charters to Account for the Holds the Largest Share

Based on the Type of Contract, Bareboat Yacht Charters dominate the market for yacht rentals. In a bareboat charter, a yacht is rented without a crew or any other extras, and the charterer is solely responsible for navigating and running the boat. For seasoned sailors or people who prefer to run their own boat experience, this kind of charter offers flexibility and freedom. The sense of adventure, solitude, and control that bareboat charters give their clients can be credited for their popularity. Bareboat contractual Yacht Charters dominate the market, reflecting the preferences of independent and seasoned sailors who want the freedom to explore numerous leisurely locations.

Based on Yacht Size

40m Yacht to Accommodate the Maximum Revenue

Based on Yacht Size, it is anticipated that the Yacht Charter market will generate the most money from 40m yachts. These boats appeal to a sizable number of charter customers because they strike a mix between luxury, comfort, and manageability. 40m yachts are the perfect backdrop for a lavish and unforgettable charter experience thanks to their large room, high-end facilities, and elegant design. Having vast living spaces, roomy staterooms, and a range of onboard entertainment options, their size enables comfortable lodging for a greater number of passengers. The need for upmarket and large charter choices, which satisfy the tastes of charter clients seeking a high-end experience on the water, is shown by the popularity of 40m yachts in earning maximum revenue.

Based on Yacht Type

Motorized Yacht will dominate the market during Forecast Period

Motorized Yachts are anticipated to rule the Yacht Charter Market during the anticipated period. A wide variety of charter customers are drawn to the power, speed, and luxury that motorized boats offer. These yachts have strong engines that allow for quick navigation and efficient cruising, giving the freedom to visit several locations in a short amount of time. The numerous amenities and roomy interiors of motorized yachts also give charter guests a fashionable and pleasant setting. Motorized yachts are anticipated to maintain a strong market presence and draw a sizable portion of charter reservations due to their adaptability and attraction to both experienced yachting aficionados and first-time charterers.

Based on End Use

Leisure Travel is Dominate the Yacht Charter Market

The Yacht Charter market is expected to be dominated by leisure travel. Individuals and families wishing for opulent and memorable vacations are the main consumers of Yacht Charters. Charter passengers traveling for pleasure are looking for a chance to unwind, go on an adventure, and travel to far-off places in the utmost comfort and solitude. With access to breathtaking coastlines, secret anchorages, and top-notch amenities on board, Yacht Charters provide a distinctive and exclusive way to experience the sea. As travelers prioritize personalized and immersive travel, the demand for leisure Yacht Charters is expected to increase even further. This will make this market segment the dominant one and will encourage the creation of novel services and experiences that are catered to the wants and preferences of leisure travelers.

Based on Region

Europe to Lead Global Market due to the Region Being a Popular Tourist Destination

A renowned tourist destination, Europe is anticipated to dominate the worldwide Yacht Charter market on a regional basis. With its wide variety of coastal regions and attractive locations, Europe draws many travelers from all over the world. Particularly known for its magnificent scenery, clean waters, and lively coastal communities, the Mediterranean is a popular location for Yacht Charters. European nations with a rich nautical history, first-rate infrastructure, and a well-established network of marinas and yacht rental firms include Italy, Greece, Croatia, and France. The area's reputation in the Yacht Charter sector is further bolstered by its pleasant temperature, cultural attractions, and proximity to important international airports. The growth of the market in the region is anticipated to be fueled by the increasing popularity of fishing and aquatic sports, as well as the growing number of upper-class consumers. Market expansion is anticipated to be bolstered by European flight reservations, cooperation with online demand for charter service providers, and a rise in issued craft permits. The region's affluent populace is also likely to stimulate market growth.

Competitive Landscape

The Yacht Charter Market is fragmented, with numerous small and large Yacht Charter companies, brokers, and online platforms, each offering its unique services and experiences. Companies are putting more emphasis on innovation, investing in new yacht purchases, implementing sustainable practices, and expanding their product offerings to include customized itineraries, wellness experiences, and technological improvements to acquire a competitive edge. Partnerships with five-star hotels, tour operators, and location management firms are becoming increasingly popular ways to expand customer reach and offer all-inclusive yacht vacation packages. As the market develops, the competition heats up, forcing businesses to stand out and offer great experiences to win over more customers. Additionally, the market participants are focused on enhancing the yachting experience for their consumers. In addition, with the increasing demand for yachts as a luxury product, participants are modernizing their yachts and training their crews to provide consumers with a superior travel experience. The market participants are investing in infrastructural enhancements such as online booking portals, websites, and marine satellite connectivity for connectivity and entertainment onboard.

The key players in the global Yacht Charter market include – Dream Yacht Charter (Italy), Yachtico (U.S.), Asta Yachting (Croatia), OceanBLUE Yachts Ltd. (UK), Simpson Marine (Hong Kong), Ocean Independence (U.S.), Imperial Yachts (Monaco), Northrop & Johnson (U.S.), YCO (UK), Burgess (U.S.) among others.

Recent Market Developments

• January 2022: Northrop & Johnson announced a partnership with Master & Dynamic, a renowned audio brand. This partnership will provide a Northrop & Johnson client with Master & Dynamic headphones, specially curated playlists, alongside other wellness items ideal for enjoying onboard a luxury yacht.
• September 2022: Angelina Yacht Charter of Biograd acquired an 85 percent stake in the Split-based charter company Ultra Sailing. With this acquisition, it will become the largest Croatian charter company. The combined fleet of vessels will exceed 260.
• January 2022: The Berg, a new luxury vessel, was introduced. This 55-meter vessel will be the first luxurious charter yacht to cruise the Nile. The charter route offered by Berge sails between Luxor and Aswan, taking in the scenery of the most renowned stretch of the Nile River, renowned for its architecture and natural beauty.
• January 2021: Burgess announced a new partnership with Marine Solutions in India. With this partnership, Burgess intends to serve its existing clients better and develop new relationships in India, enhancing its charter offering in the Indian Ocean.

Segmentation of the Global Yacht Charter Market

Frequently Asked Question

What is the global demand for yacht charter in terms of revenue.

The global Yacht Charter valued at USD 7.5 Billion in 2022 and is expected to reach USD 11.2 Billion in 2030 growing at a CAGR of 5.9%.

Which are the prominent players in the market?

The prominent players in the market are Dream Yacht Charter (Italy), Yachtico (U.S.), Asta Yachting (Croatia), OceanBLUE Yachts Ltd. (UK), Simpson Marine (Hong Kong), Ocean Independence (U.S.), Imperial Yachts (Monaco), Northrop & Johnson (U.S.), YCO (UK), Burgess (U.S.).

At what CAGR is the market projected to grow within the forecast period?

The market is project to grow at a CAGR of 5.9% between 2023 and 2030.

What are the driving factors fueling the growth of the market.

• Increase in number of private islands on cruise itineraries

Which region accounted for the largest share in the market?

Europe was the leading regional segment of the Yacht Charter in 2022.

Global Yacht Charter Market – Industry Trends and Forecast to 2028

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Global Yacht Charter Market, By Type (Sailing Yacht, Motor Yacht), Length (Up To 20 Ft., 20 To 50 Ft., Above 50 Ft.), Contract Type (Bareboat Charter, Crewed Charter), Customer Type (Corporate, Retail, Others), Application (Vacation/Leisure, Sailing, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa)Industry Trends and Forecast to 2028.

Market Analysis and Insights : Global Yacht Charter Market

Yacht charter market size is valued at USD 9,859.48 million by 2028 expected to grow at a compound annual growth rate of 5.10% over the forecast period of 2021 to 2028. Data Bridge Market Research report on yacht charter market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

Yacht charting chiefly represents the practice of taking a yacht on rent for the traveling purpose to any island destinations as it present all the fulsome comforts anyone would desire for. They are usually hired for holidays and corporate functions. Crewed and bareboat are the two important types of charters and are also used for sailing reasons.

The yacht charter market has a huge potential to grow over the forecast period of 2021 to 2028, due to the increasing participation of people in competitive and recreational boating activities across the globe. In addition, rising preference among travelers for luxury marine tourism and personalized services is also largely influencing the growth of the yacht charter market. Also the increasing corporate tourism activity is another driver flourishing the demand of yacht charter market, which in turn is raising the growth of the target market. Additionally, the flourishing tourism sector, rising disposable income and rapidly shifting inclination of people towards recreational and leisure activities will also boost the growth of the yacht charter market in the above mentioned forecast period. Likewise, the high adoption of sailing vacations by wealthy consumers will also forward the product demand.

However, the high cost associated with yacht charter as well as flag state rules and regulatory uncertainties will act as market restraints for yacht charter in the forecasted period of 2021 to 2028, whereas the cross-border operations have the potential to challenge the growth of the market.

In addition, the rising trend of luxury travel along with increasing popularity of yacht charters for corporate events and business affairs will further offer various growth opportunities for the yacht charter market in the above mentioned forecast period.

This yacht charter market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on yacht charter market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Yacht Charter Market Scope and Market Size

Yacht charter market is segmented on the basis of type, length, contract type, customer type and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

• On the basis of type, the yacht charter market is segmented into sailing yacht and motor yacht. Sailing yacht has further been segmented into sloop, schooner, catamaran and ketch. Motor yacht has further been segmented into displacement type, semi-displacement, planning, catamaran and trimaran.
• On the basis of length, the yacht charter market is segmented into up to 20 ft., 20 to 50 ft., and above 50 ft.
• Based on contract type, the yacht charter market is segmented into bareboat charter and crewed charter.
• On the basis of customer type, the yacht charter market is segmented into corporate , retail and others. Retail has further been segmented into individual, family/group and couple.
• The application of the yacht charter market is segmented into vacation/leisure, sailing and others

Yacht Charter Market Country Level Analysis

Yacht charter market is analyzed and market size, volume information is provided by country, type, length, contract type, customer type and application as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).

Europe leads the yacht charter market owing to increasing popularity of water adventures and fishing activities and the rising number of high-net-worth individuals in the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the enhanced standard of living owing to a increase in disposable income as well as the rising government initiatives for the growth of tourism activities in countries such as India and China within this particular region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Yacht Charter Market Share Analysis

Yacht charter market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to yacht charter market.

The major players covered in the yacht charter report are Zizooboats GmbH, Yachtico, Inc., BURGESS, Boatsetter, Nautal, NORTHROP & JOHNSON, Martello Yachting & Company, Super Yacht Logistics, Yacht Charter Fleet, Sunseeker Charters., West Coast Marine Yacht Services Pvt. Ltd., THE MOORINGS, Sunsail Limited, Kiriacoulis Group of Companies, Boat International Media Ltd., EDMISTON, BENETEAU, CharterWorld LLP, Yachtcharter – Connection, and Fraser, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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Yacht Charter Market

Yacht Charter Market (Yacht Type: Sailing Yacht, Motorized Yacht, and Catamaran Yacht; Yacht Size) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

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Yacht Charter Market Outlook 2031

• The global yacht charter market was valued over US$ 22.3 Mn in 2021
• It is estimated to grow at a CAGR of 6.1% from 2022 to 2031
• The global yacht charter market is expected to reach value of US$ 40.5 Mn by the end of 2031

Analysts’ Viewpoint on Global Yacht Charter Market Scenario The global yacht charter market is witnessing rapid growth, which can be primarily attributed to rising number of yacht owners and increasing interest in luxury cruising. This is encouraging new players to enter the market with technologically advanced yachts as well as improved services offered by existing yacht charter companies. Increasing water-based recreational activities, growing marine tourism, rising motor yacht and luxury yacht charter, and surging trend among high net worth individuals toward chartering yachts for particular occasions rather than buying them are some of the prominent factors responsible for the rise of the yacht charter market. In addition, yacht chartering companies are tapping into incremental opportunities in the yacht charter industry by offering value-added services such as onboard entertainment, onboard catering, and yacht maintenance services to their clients.

Global Yacht Charter Market Introduction

Yacht chartering is the practice of renting or leasing a sailboat or motor yacht and travelling to various coastal or island destinations. Traditionally, yachts were chartered mainly for leisure activities and vacations, but now they are increasingly being chartered for political and business events. The yacht charter industry is a part of the broader boat charter industry.

Moreover, there is rising marine tourism, aquatic recreational activities, and preference to chartering than ownership of motor & luxury yachts due to increasing ownership costs associated with yachts in markets such as Europe and North America. Furthermore, the yacht charter revenue is also estimated to increase due to services such as cabin chartering, skippered chartering, and crewed chartering

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Ongoing Trends in Global Yacht Charter Market

The yacht charter market is witnessing a growing trend of innovative interior design such as the use of exotic leather for aesthetic alignment of commodities and upholstery in the yacht. Sailing and motor yachts are becoming increasingly equipped with modern woodwork, lighting, and furniture. The market is also being driven by the growing interest of people in water sports, aquatic leisure activities, and marine tourism leading to the demand for private yacht charter. Another trend which is boosting the market is the conducting of business and official meetings between key state leaders and business people off shore on yachts. This is fueling the demand for luxury yacht charter in which luxury yachts equipped with state-of-the-art features such as onboard infotainment, swimming pool, food catering, and premium wooden interiors, and can accommodate between 50 to 100 people are chartered.

In addition, there is a growing trend of motor yacht charter, in which yachts are equipped with a marine outboard/engine and are custom built. The yacht charter market analysis reveals the fall in owner-operator model of yacht ownership due to increasing operational costs of a yacht and onboarding of yacht management companies to assist owners of yachts to run their yachts efficiently is also aiding the growth of the yacht charter market.

Rise in Demand for Small Yachts of Length Between 10 and 20 Meters to Drive Global Market

The increase in the demand for small yachts can be attributed to the significant demand from retail clients. Small yachts are cheaper to charter and can be used easily in shallow waters. In fast growing markets such as Asia Pacific, yacht chartering is increasing due to rise in water-based leisure activities, marine tourism in regions including ASEAN and South Asia, and emergence of new business and state leaders who prefer to charter yachts for their political and business meetings. This has led to a significant demand for cost-effective small yachts, thus boosting the growth of the yacht charter market.

The price of procurement of a new yacht plays a significant role in deciding the rates of yacht chartering services. Small yachts are cheapest of all the yachts and suffice the requirements of most of the yacht chartering clients. This demand for cost-effective yacht chartering services is anticipated to propel the yacht charter market, as it has led to increased chartering of small yachts.

Rise in Political & Corporate Events, Marine Tourism to Boost Demand for Yacht Charters

Several sub-regions, such as the Mediterranean in Europe, ASEAN in Asia Pacific, and coastline of southern U.S., Mexico, and Caribbean in North America offer numerous scenic views, exotic marine life, and beautiful unexplored islands. Thus, several high net worth tourists visiting these places for recreation and tourism purposes are increasingly chartering yachts to explore these places. This is projected to boost the yacht charter market during the forecast period.

Government leaders and high ranking officials as well as businesspeople in several countries in Europe and North America are increasingly conducting their official events, offshore, on yachts. This is also estimated to provide major impetus to the growth of yacht charter market.

Provision of yacht crews, on-board entertainment, and catering services as well as yacht maintenance and management services are some of the most commonly offered value added services in the yacht charter industry, which are generating new revenue streams for yacht charter companies. Charter of open yachts is increasing in many areas of developed regions, such as North America and Europe. This is also driving the demand for yacht charter services in these regions.

A shift toward small yachts in yacht chartering services due to lower costs, preference for value-added services, and increase in the chartering of motorized yachts are defining the future trends in the yacht charter market. Private yacht charter is also increasing due to the growth in the number of tourists taking private excursions of the remote unexplored or little explored islands in the oceans. In many parts of developed regions, such as North America and Europe, charter of open yachts is increasing due to the growing number of tourists opting for offbeat marine tourism. This is also driving the growth of yacht charter services in these geographies.

Increase in Preference for Sailing Yachts Due to Low Operating Cost

In terms of yacht type, the sailing yacht segment held a key share of the yacht charter market in 2021. This can be primarily ascribed to the rising demand for sailing yachts, globally. Furthermore, sailing yachts are environment-friendly and cheaper to operate than other yachts.

The motor yacht segment is projected to grow at a rapid pace, as the number of explorers picking nautical excursions has increased significantly around the world. Moreover, the ability of motor yachts to fulfil different boundaries of voyagers' selections of yachts, with respect to water sports exercises, climate, and other explicit requirements about deck space has increased inclination toward chartering motor yachts.

High Demand for Charter Yachts among Retail Consumers

In terms of consumer type, the global yacht charter has been split into corporate, retail, and others. The retail consumer segment dominated the global yacht charter market in 2021. Increased chartering of yachts by tourists and other high net worth individuals has contributed to the dominance of this segment. The corporate consumer segment is estimated to grow at a rapid pace, primarily due to the increase in chartering of yachts by the corporate sector to host business events.

Regional Outlook of Global Yacht Charter Market

In terms of volume, Europe dominated the global market in 2021 primarily due to the influx of a large number of foreign tourists in regions such as Mediterranean for water-based recreational activities and marine tourism in the region. Croatia accounts for slightly less than one-fourth of the yacht charter market in Europe.

North America and Asia Pacific were also prominent markets for yacht charter in 2021. Motor yachts is a rapidly expanding yacht type segment of the yacht charter market in North America due to the trend of exploring faraway islands in North America. It is also a rapidly growing segment of the market in Asia Pacific due to the prevalence of large yachts in the region.

Middle East & Africa is a larger market for yacht charter as compared to the market in South America owing to the prominence of sailing culture in the region. The market in Middle East & Africa is anticipated to rise at a higher growth rate as compared to the market in South America due to a large number of foreign tourists visiting countries, such as the UAE, Mauritius, Seychelles, and South Africa, in the region.

Analysis of Key Players in Global Yacht Charter Market

The global yacht charter market is fairly fragmented with local players controlling majority of the market share in their respective regions. Several firms are spending significantly on offering comprehensive customized value-added services in addition to regular chartering services. Diversification of service offerings and organic growth are strategies adopted by key players.

Boat International Media Ltd., Boatbound Inc., Burgess, Charter Yachts Australia, CharterWorld LLP, Dream Yacht Charter, Fairline Yacht, Fraser Yachts, Incrediblue Ltd., Inter Yacht Charter, Martello Yachting and Company, Nicholson Yachts, Northrop & Johnson, Sailing Thailand Island Cruises Co., Ltd., Simpson Marine, Super Yacht Logistics, LLC, Thai Charters, West Coast Marine Yacht Services Pvt Ltd., Yacht Charter Fleet, Yachtico, Inc., and Zizooboats GmbH are the prominent entities operating in the market.

Each of these players has been profiled in the global yacht charter market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

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Key Developments in Global Yacht Charter Market

• On January 29 , 2022 , CharterWorld LLP introduced a brand new luxury yacht, PANTA REI, for chartering in Croatia and Montenegro
• On September 8 , 2021 , Nicholson Yachts took delivery of restored Trumpy BB luxury yacht to offer cruise services on Atlantic Intercostal Waterway in the U.S.
• On May 13 , 2022 , Fraser Yachts acquired motor yacht Corazon to offer charter services in the Bahamas
• On June 22 , 2022 , Simpson Marine announced the opening of new rebranded office, sailor academy and charter sales office in Pattaya, Thailand

Global Yacht Charter Market Snapshot

Frequently Asked Questions

How big was the yacht charter market in 2021.

The yacht charter market was valued over US$ 22.3 Mn in 2021.

How the yacht charter market is expected to grow by 2031?

The yacht charter market is expected to grow at a CAGR of 6.1% through 2031.

How much worth would the yacht charter market be in 2031?

The yacht charter market would be worth US$ 40.5 Mn in 2031.

How big is the U.S. in the global yacht charter market?

The U.S. is a prominent country in the yacht charter market due to the prevalence of water sports, marine tourism, and large number of high net worth clients who frequently charter yachts.

What is the share of sailing yachts segment in the yacht charter market?

The sailing yacht segment accounts for the highest share of the yacht charter market.

What are the prominent trends in the yacht charter market?

Offering of customized value added services in addition to the regular charting services and induction of yachts with beautiful, expensive interiors are some of the prominent trends in the yacht charter market.

Which region is more lucrative in the yacht charter market?

Europe is the most lucrative region and holds dominant share of the global yacht charter market.

Who are the prominent players in the yacht charter market?

Prominent players operating in the yacht charter market are Boat International Media Ltd., Boatbound Inc., Burgess, Charter Yachts Australia, CharterWorld LLP, Dream Yacht Charter, Fairline Yacht, Fraser Yachts, Incrediblue Ltd., Inter Yacht Charter, Martello Yachting and Company, Nicholson Yachts, Northrop & Johnson, Sailing Thailand Island Cruises Co., Ltd., Simpson Marine, Super Yacht Logistics, LLC, Thai Charters, West Coast Marine Yacht Services Pvt Ltd., Yacht Charter Fleet, Yachtico, Inc.

    1.1. Market Definition and Scope

    1.2. Market Segmentation

    1.3. Key Research Objectives

    1.4. Research Highlights

2. Assumptions and Research Methodology

3. Executive Summary: Global Yacht Charter Market

4. Market Overview

    4.1. Introduction

        4.1.1. Yacht Charter Market Definition

        4.1.2. Industry Developments

    4.2. Key Market Indicators

    4.3. Technological Roadmaps

    4.4. Market Dynamics

        4.4.1. Drivers

        4.4.2. Restraints

        4.4.3. Opportunity

    4.5. Porter’s Five Force Analysis

    4.6. Value Chain Analysis

        4.6.1. List of Key Manufacturers

        4.6.2. List of Customers

        4.6.3. Level of Integration

    4.7. Regulatory Scenario

    4.8. Technological Roadmap

    4.9. SWOT Analysis

5. Global Yacht Charter Consumer Type Market – Price Trend Analysis

6. Global Yacht Charter Market – Ecosystem Mapping

7. Global Yacht Charter Market – Supply Demand Scenario

    7.1. Overview

    7.2. Global Production Output, By Region

        7.2.1. North America

        7.2.2. South America

        7.2.3. Europe

        7.2.4. Asia Pacific

        7.2.5. Middle East & Africa

8. Global Yacht Charter Market Analysis and Forecast, by Yacht Type

    8.1. Introduction & Definition

    8.2. Key Findings

    8.3. Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        8.3.1. Sailing Yacht

        8.3.2. Motor Yacht

        8.3.3. Catamaran Yacht

    8.4. Market Attractiveness, by Yacht Type

9. Global Yacht Charter Market Analysis and Forecast, by Motor Yacht Sub-type

    9.1. Introduction & Definition

    9.2. Key Findings

    9.3. Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        9.3.1. Classic

        9.3.2. Open

        9.3.3. Large

    9.4. Market Attractiveness, by Motor Yacht Sub-type

10. Global Yacht Charter Market Analysis and Forecast, by Yacht Size

    10.1. Introduction & Definition

    10.2. Key Findings

    10.3. Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        10.3.1. Small

        10.3.2. Medium

        10.3.3. Large

    10.4. Market Attractiveness, by Yacht Size

11. Global Yacht Charter Market Analysis and Forecast, by Consumer Type

    11.1. Introduction & Definition

    11.2. Key Findings

    11.3. Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        11.3.1. Corporate

        11.3.2. Retail

        11.3.3. Others

    11.4. Market Attractiveness, by Consumer Type

12. Global Yacht Charter Market Analysis and Forecast, by Region

    12.1. Key Findings

    12.2. Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Region, 2017‒2031

        12.2.1. North America

        12.2.2. South America

        12.2.3. Europe

        12.2.4. Asia Pacific

        12.2.5. Middle East & Africa

    12.3. Market Attractiveness, by Region

13. North America Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, 2017‒2031

    13.1. Key Findings

    13.2. North America Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        13.2.1. Sailing Yacht

        13.2.2. Motor Yacht

        13.2.3. Catamaran Yacht

    13.3. North America Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        13.3.1. Classic

        13.3.2. Open

        13.3.3. Large

    13.4. North America Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        13.4.1. Small

        13.4.2. Medium

        13.4.3. Large

    13.5. North America Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        13.5.1. Corporate

        13.5.2. Retail

        13.5.3. Others

    13.6. U.S. Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        13.6.1. Sailing Yacht

        13.6.2. Motor Yacht

        13.6.3. Catamaran Yacht

    13.7. U.S. Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        13.7.1. Classic

        13.7.2. Open

        13.7.3. Large

    13.8. U.S. Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        13.8.1. Small

        13.8.2. Medium

        13.8.3. Large

    13.9. U.S. Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        13.9.1. Corporate

        13.9.2. Retail

        13.9.3. Others

    13.10. Canada Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        13.10.1. Sailing Yacht

        13.10.2. Motor Yacht

        13.10.3. Catamaran Yacht

    13.11. Canada Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        13.11.1. Classic

        13.11.2. Open

        13.11.3. Large

    13.12. Canada Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        13.12.1. Small

        13.12.2. Medium

        13.12.3. Large

    13.13. Canada Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        13.13.1. Corporate

        13.13.2. Retail

        13.13.3. Others

    13.14. PEST Analysis

14. South America Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, 2017‒2031

    14.1. Key Findings

    14.2. South America Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        14.2.1. Sailing Yacht

        14.2.2. Motor Yacht

        14.2.3. Catamaran Yacht

    14.3. South America Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        14.3.1. Classic

        14.3.2. Open

        14.3.3. Large

    14.4. South America Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        14.4.1. Small

        14.4.2. Medium

        14.4.3. Large

    14.5. South America Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        14.5.1. Corporate

        14.5.2. Retail

        14.5.3. Others

    14.6. Brazil Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        14.6.1. Sailing Yacht

        14.6.2. Motor Yacht

        14.6.3. Catamaran Yacht

    14.7. Brazil Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        14.7.1. Classic

        14.7.2. Open

        14.7.3. Large

    14.8. Brazil Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        14.8.1. Small

        14.8.2. Medium

        14.8.3. Large

    14.9. Brazil Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        14.9.1. Corporate

        14.9.2. Retail

        14.9.3. Others

    14.10. Mexico Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        14.10.1. Sailing Yacht

        14.10.2. Motor Yacht

        14.10.3. Catamaran Yacht

    14.11. Mexico Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        14.11.1. Classic

        14.11.2. Open

        14.11.3. Large

    14.12. Mexico Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        14.12.1. Small

        14.12.2. Medium

        14.12.3. Large

    14.13. Mexico Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        14.13.1. Corporate

        14.13.2. Retail

        14.13.3. Others

    14.14. Rest of South America Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        14.14.1. Sailing Yacht

        14.14.2. Motor Yacht

        14.14.3. Catamaran Yacht

    14.15. Rest of South America Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        14.15.1. Classic

        14.15.2. Open

        14.15.3. Large

    14.16. Rest of South America Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        14.16.1. Small

        14.16.2. Medium

        14.16.3. Large

    14.17. Rest of South America Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        14.17.1. Corporate

        14.17.2. Retail

        14.17.3. Others

    14.18. PEST Analysis

15. Europe Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, 2017‒2031

    15.1. Key Findings

    15.2. Europe Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        15.2.1. Sailing Yacht

        15.2.2. Motor Yacht

        15.2.3. Catamaran Yacht

    15.3. Europe Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        15.3.1. Classic

        15.3.2. Open

        15.3.3. Large

    15.4. Europe Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        15.4.1. Small

        15.4.2. Medium

        15.4.3. Large

    15.5. Europe Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        15.5.1. Corporate

        15.5.2. Retail

        15.5.3. Others

    15.6. Germany Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        15.6.1. Sailing Yacht

        15.6.2. Motor Yacht

        15.6.3. Catamaran Yacht

    15.7. Germany Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        15.7.1. Classic

        15.7.2. Open

        15.7.3. Large

    15.8. Germany Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        15.8.1. Small

        15.8.2. Medium

        15.8.3. Large

    15.9. Germany Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        15.9.1. Corporate

        15.9.2. Retail

        15.9.3. Others

    15.10. France Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        15.10.1. Sailing Yacht

        15.10.2. Motor Yacht

        15.10.3. Catamaran Yacht

    15.11. France Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        15.11.1. Classic

        15.11.2. Open

        15.11.3. Large

    15.12. France Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        15.12.1. Small

        15.12.2. Medium

        15.12.3. Large

    15.13. France Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        15.13.1. Corporate

        15.13.2. Retail

        15.13.3. Others

    15.14. U.K. Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        15.14.1. Sailing Yacht

        15.14.2. Motor Yacht

        15.14.3. Catamaran Yacht

    15.15. U.K. Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        15.15.1. Classic

        15.15.2. Open

        15.15.3. Large

    15.16. U.K. Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        15.16.1. Small

        15.16.2. Medium

        15.16.3. Large

    15.17. U.K. Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        15.17.1. Corporate

        15.17.2. Retail

        15.17.3. Others

    15.18. Spain Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        15.18.1. Sailing Yacht

        15.18.2. Motor Yacht

        15.18.3. Catamaran Yacht

    15.19. Spain Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        15.19.1. Classic

        15.19.2. Open

        15.19.3. Large

    15.20. Spain Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        15.20.1. Small

        15.20.2. Medium

        15.20.3. Large

    15.21. Spain Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        15.21.1. Corporate

        15.21.2. Retail

        15.21.3. Others

    15.22. Italy Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        15.22.1. Sailing Yacht

        15.22.2. Motor Yacht

        15.22.3. Catamaran Yacht

    15.23. Italy Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        15.23.1. Classic

        15.23.2. Open

        15.23.3. Large

    15.24. Italy Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        15.24.1. Small

        15.24.2. Medium

        15.24.3. Large

    15.25. Italy Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        15.25.1. Corporate

        15.25.2. Retail

        15.25.3. Others

    15.26. Rest of Europe Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        15.26.1. Sailing Yacht

        15.26.2. Motor Yacht

        15.26.3. Catamaran Yacht

    15.27. Rest of Europe Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        15.27.1. Classic

        15.27.2. Open

        15.27.3. Large

    15.28. Rest of Europe Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        15.28.1. Small

        15.28.2. Medium

        15.28.3. Large

    15.29. Rest of Europe Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        15.29.1. Corporate

        15.29.2. Retail

        15.29.3. Others

    15.30. PEST Analysis

16. Asia Pacific Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, 2017‒2031

    16.1. Key Findings

    16.2. Asia Pacific Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        16.2.1. Sailing Yacht

        16.2.2. Motor Yacht

        16.2.3. Catamaran Yacht

    16.3. Asia Pacific Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        16.3.1. Classic

        16.3.2. Open

        16.3.3. Large

    16.4. Asia Pacific Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        16.4.1. Small

        16.4.2. Medium

        16.4.3. Large

    16.5. Asia Pacific Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        16.5.1. Corporate

        16.5.2. Retail

        16.5.3. Others

    16.6. China Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        16.6.1. Sailing Yacht

        16.6.2. Motor Yacht

        16.6.3. Catamaran Yacht

    16.7. China Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        16.7.1. Classic

        16.7.2. Open

        16.7.3. Large

    16.8. China Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        16.8.1. Small

        16.8.2. Medium

        16.8.3. Large

    16.9. China Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        16.9.1. Corporate

        16.9.2. Retail

        16.9.3. Others

    16.10. Japan Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        16.10.1. Sailing Yacht

        16.10.2. Motor Yacht

        16.10.3. Catamaran Yacht

    16.11. Japan Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        16.11.1. Classic

        16.11.2. Open

        16.11.3. Large

    16.12. Japan Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        16.12.1. Small

        16.12.2. Medium

        16.12.3. Large

    16.13. Japan Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        16.13.1. Corporate

        16.13.2. Retail

        16.13.3. Others

    16.14. India Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        16.14.1. Sailing Yacht

        16.14.2. Motor Yacht

        16.14.3. Catamaran Yacht

    16.15. India Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        16.15.1. Classic

        16.15.2. Open

        16.15.3. Large

    16.16. India Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        16.16.1. Small

        16.16.2. Medium

        16.16.3. Large

    16.17. India Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        16.17.1. Corporate

        16.17.2. Retail

        16.17.3. Others

    16.18. ASEAN Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        16.18.1. Sailing Yacht

        16.18.2. Motor Yacht

        16.18.3. Catamaran Yacht

    16.19. ASEAN Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        16.19.1. Classic

        16.19.2. Open

        16.19.3. Large

    16.20. ASEAN Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        16.20.1. Small

        16.20.2. Medium

        16.20.3. Large

    16.21. ASEAN Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        16.21.1. Corporate

        16.21.2. Retail

        16.21.3. Others

    16.22. Rest of Asia Pacific Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        16.22.1. Sailing Yacht

        16.22.2. Motor Yacht

        16.22.3. Catamaran Yacht

    16.23. Rest of Asia Pacific Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        16.23.1. Classic

        16.23.2. Open

        16.23.3. Large

    16.24. Rest of Asia Pacific Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        16.24.1. Small

        16.24.2. Medium

        16.24.3. Large

    16.25. Rest of Asia Pacific Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        16.25.1. Corporate

        16.25.2. Retail

        16.25.3. Others

    16.26. PEST Analysis

17. Middle East & Africa Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, 2017‒2031

    17.1. Key Findings

    17.2. Middle East & Africa Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        17.2.1. Sailing Yacht

        17.2.2. Motor Yacht

        17.2.3. Catamaran Yacht

    17.3. Middle East & Africa Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        17.3.1. Classic

        17.3.2. Open

        17.3.3. Large

    17.4. Middle East & Africa Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        17.4.1. Small

        17.4.2. Medium

        17.4.3. Large

    17.5. Middle East & Africa Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        17.5.1. Corporate

        17.5.2. Retail

        17.5.3. Others

        17.5.4. Transmission System

        17.5.5. Others

    17.6. GCC Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        17.6.1. Sailing Yacht

        17.6.2. Motor Yacht

        17.6.3. Catamaran Yacht

    17.7. GCC Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        17.7.1. Classic

        17.7.2. Open

        17.7.3. Large

    17.8. GCC Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        17.8.1. Small

        17.8.2. Medium

        17.8.3. Large

    17.9. GCC Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        17.9.1. Corporate

        17.9.2. Retail

        17.9.3. Others

    17.10. South Africa Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        17.10.1. Sailing Yacht

        17.10.2. Motor Yacht

        17.10.3. Catamaran Yacht

    17.11. South Africa Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        17.11.1. Classic

        17.11.2. Open

        17.11.3. Large

    17.12. South Africa Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        17.12.1. Small

        17.12.2. Medium

        17.12.3. Large

    17.13. South Africa Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        17.13.1. Corporate

        17.13.2. Retail

        17.13.3. Others

    17.14. Rest of Middle East & Africa Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

        17.14.1. Sailing Yacht

        17.14.2. Motor Yacht

        17.14.3. Catamaran Yacht

    17.15. Rest of Middle East & Africa Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Motor Yacht Sub-type, 2017‒2031

        17.15.1. Classic

        17.15.2. Open

        17.15.3. Large

    17.16. Rest of Middle East & Africa Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

        17.16.1. Small

        17.16.2. Medium

        17.16.3. Large

    17.17. Rest of Middle East & Africa Yacht Charter Market Volume (Units) & Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

        17.17.1. Corporate

        17.17.2. Retail

        17.17.3. Others

    17.18. PEST Analysis

18. Competition Landscape

    18.1. Market Share Analysis By Company (2018)

    18.2. Market Player – Competition Matrix (By Tier, Size of companies and Key Success)

    18.3. Key Market Players (Details – Overview, Overall Revenue, Recent Developments, Strategy)

        18.3.1. Boat International Media Ltd.

            18.3.1.1. Overview

            18.3.1.2. Overall Revenue

            18.3.1.3. Recent Developments

            18.3.1.4. Strategy

        18.3.2. Boatbound Inc.

            18.3.2.1. Overview

            18.3.2.2. Overall Revenue

            18.3.2.3. Recent Developments

            18.3.2.4. Strategy

        18.3.3. Burgess

            18.3.3.1. Overview

            18.3.3.2. Overall Revenue

            18.3.3.3. Recent Developments

            18.3.3.4. Strategy

        18.3.4. Charter Yachts Australia

            18.3.4.1. Overview

            18.3.4.2. Overall Revenue

            18.3.4.3. Recent Developments

            18.3.4.4. Strategy

        18.3.5. CharterWorld LLP

            18.3.5.1. Overview

            18.3.5.2. Overall Revenue

            18.3.5.3. Recent Developments

            18.3.5.4. Strategy

        18.3.6. Dream Yacht Charter

            18.3.6.1. Overview

            18.3.6.2. Overall Revenue

            18.3.6.3. Recent Developments

            18.3.6.4. Strategy

        18.3.7. Fairline Yacht

            18.3.7.1. Overview

            18.3.7.2. Overall Revenue

            18.3.7.3. Recent Developments

            18.3.7.4. Strategy

        18.3.8. Fraser Yachts

            18.3.8.1. Overview

            18.3.8.2. Overall Revenue

            18.3.8.3. Recent Developments

            18.3.8.4. Strategy

        18.3.9. Incrediblue Ltd.

            18.3.9.1. Overview

            18.3.9.2. Overall Revenue

            18.3.9.3. Recent Developments

            18.3.9.4. Strategy

        18.3.10. Inter Yacht Charter

            18.3.10.1. Overview

            18.3.10.2. Overall Revenue

            18.3.10.3. Recent Developments

            18.3.10.4. Strategy

        18.3.11. Martello Yachting and Company

            18.3.11.1. Overview

            18.3.11.2. Overall Revenue

            18.3.11.3. Recent Developments

            18.3.11.4. Strategy

        18.3.12. Nicholson Yachts

            18.3.12.1. Overview

            18.3.12.2. Overall Revenue

            18.3.12.3. Recent Developments

            18.3.12.4. Strategy

        18.3.13. Northrop & Johnson

            18.3.13.1. Overview

            18.3.13.2. Overall Revenue

            18.3.13.3. Recent Developments

            18.3.13.4. Strategy

        18.3.14. Sailing Thailand Island Cruises Co., Ltd.

            18.3.14.1. Overview

            18.3.14.2. Overall Revenue

            18.3.14.3. Recent Developments

            18.3.14.4. Strategy

        18.3.15. Simpson Marine

            18.3.15.1. Overview

            18.3.15.2. Overall Revenue

            18.3.15.3. Recent Developments

            18.3.15.4. Strategy

        18.3.16. Super Yacht Logistics, LLC

            18.3.16.1. Overview

            18.3.16.2. Overall Revenue

            18.3.16.3. Recent Developments

            18.3.16.4. Strategy

        18.3.17. Thai Charters

            18.3.17.1. Overview

            18.3.17.2. Overall Revenue

            18.3.17.3. Recent Developments

            18.3.17.4. Strategy

        18.3.18. West Coast Marine Yacht Services Pvt Ltd.

            18.3.18.1. Overview

            18.3.18.2. Overall Revenue

            18.3.18.3. Recent Developments

            18.3.18.4. Strategy

        18.3.19. Yacht Charter Fleet

            18.3.19.1. Overview

            18.3.19.2. Overall Revenue

            18.3.19.3. Recent Developments

            18.3.19.4. Strategy

        18.3.20. Yachtico, Inc.

            18.3.20.1. Overview

            18.3.20.2. Overall Revenue

            18.3.20.3. Recent Developments

            18.3.20.4. Strategy

        18.3.21. Zizooboats GmbH

            18.3.21.1. Overview

            18.3.21.2. Overall Revenue

            18.3.21.3. Recent Developments

            18.3.21.4. Strategy

List of Tables

Table 1: Global Yacht Charter Market Volume ( Units) Forecast, by Yacht Type, 2017‒2031

Table 2: Global Yacht Charter Market Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

Table 3: Global Yacht Charter Market Volume (Units) Forecast, by Motor Yacht Sub Type, 2017‒2031

Table 4: Global Yacht Charter Market Value (US$ Mn) Forecast, by Motor Yacht Sub Type, 2017‒2031

Table 5: Global Yacht Charter Market Volume (Units) Forecast, by Yacht Size, 2017‒2031

Table 6: Global Yacht Charter Market Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

Table 7: Global Yacht Charter Market Volume (Units) Forecast, by Consumer Type, 2017‒2031

Table 8: Global Yacht Charter Market Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

Table 9: Global Yacht Charter Market Volume (Units) Forecast, by Region, 2017‒2031

Table 10: Global Yacht Charter Market Value (US$ Mn) Forecast, by Region, 2017‒2031

Table 11: North America Yacht Charter Market Volume ( Units) Forecast, by Yacht Type, 2017‒2031

Table 12: North America Yacht Charter Market Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

Table 13: North America Yacht Charter Market Volume (Units) Forecast, by Motor Yacht Sub Type, 2017‒2031

Table 14: North America Yacht Charter Market Value (US$ Mn) Forecast, by Motor Yacht Sub Type, 2017‒2031

Table 15: North America Yacht Charter Market Volume (Units) Forecast, by Yacht Size, 2017‒2031

Table 16: North America Yacht Charter Market Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

Table 17: North America Yacht Charter Market Volume (Units) Forecast, by Consumer Type, 2017‒2031

Table 18: North America Yacht Charter Market Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

Table 19: North America Yacht Charter Market Volume (Units) Forecast, by Country, 2017‒2031

Table 20: North America Yacht Charter Market Value (US$ Mn) Forecast, by Country, 2017‒2031

Table 21: Europe Yacht Charter Market Volume ( Units) Forecast, by Yacht Type, 2017‒2031

Table 22: Europe Yacht Charter Market Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

Table 23: Europe Yacht Charter Market Volume (Units) Forecast, by Motor Yacht Sub Type, 2017‒2031

Table 24: Europe Yacht Charter Market Value (US$ Mn) Forecast, by Motor Yacht Sub Type, 2017‒2031

Table 25: Europe Yacht Charter Market Volume (Units) Forecast, by Yacht Size, 2017‒2031

Table 26: Europe Yacht Charter Market Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

Table 27: Europe Yacht Charter Market Volume (Units) Forecast, by Consumer Type, 2017‒2031

Table 28: Europe Yacht Charter Market Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

Table 29: Europe Yacht Charter Market Volume (Units) Forecast, by Country and Sub-region, 2017‒2031

Table 30: Europe Yacht Charter Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

Table 31: Asia Pacific Yacht Charter Market Volume ( Units) Forecast, by Yacht Type, 2017‒2031

Table 32: Asia Pacific Yacht Charter Market Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

Table 33: Asia Pacific Yacht Charter Market Volume (Units) Forecast, by Motor Yacht Sub Type, 2017‒2031

Table 34: Asia Pacific Yacht Charter Market Value (US$ Mn) Forecast, by Motor Yacht Sub Type, 2017‒2031

Table 35: Asia Pacific Yacht Charter Market Volume (Units) Forecast, by Yacht Size, 2017‒2031

Table 36: Asia Pacific Yacht Charter Market Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

Table 37: Asia Pacific Yacht Charter Market Volume (Units) Forecast, by Consumer Type, 2017‒2031

Table 38: Asia Pacific Yacht Charter Market Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

Table 39: Asia Pacific Yacht Charter Market Volume (Units) Forecast, by Country and Sub-region, 2017‒2031

Table 40: Asia Pacific Yacht Charter Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

Table 41: Middle East & Africa Yacht Charter Market Volume ( Units) Forecast, by Yacht Type, 2017‒2031

Table 42: Middle East & Africa Yacht Charter Market Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

Table 43: Middle East & Africa Yacht Charter Market Volume (Units) Forecast, by Motor Yacht Sub Type, 2017‒2031

Table 44: Middle East & Africa Yacht Charter Market Value (US$ Mn) Forecast, by Motor Yacht Sub Type, 2017‒2031

Table 45: Middle East & Africa Yacht Charter Market Volume (Units) Forecast, by Yacht Size, 2017‒2031

Table 46: Middle East & Africa Yacht Charter Market Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

Table 47: Middle East & Africa Yacht Charter Market Volume (Units) Forecast, by Consumer Type, 2017‒2031

Table 48: Middle East & Africa Yacht Charter Market Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

Table 49: Middle East & Africa Yacht Charter Market Volume (Units) Forecast, by Country and Sub-region, 2017‒2031

Table 50: Middle East & Africa Yacht Charter Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

Table 51: South America Yacht Charter Market Volume (Units) Forecast, by Yacht Type, 2017‒2031

Table 52: South America Yacht Charter Market Value (US$ Mn) Forecast, by Yacht Type, 2017‒2031

Table 53: South America Yacht Charter Market Volume (Units) Forecast, by Motor Yacht Sub Type, 2017‒2031

Table 54: South America Yacht Charter Market Value (US$ Mn) Forecast, by Motor Yacht Sub Type, 2017‒2031

Table 55: South America Yacht Charter Market Volume (Units) Forecast, by Yacht Size, 2017‒2031

Table 56: South America Yacht Charter Market Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

Table 57: South America Yacht Charter Market Volume (Units) Forecast, by Consumer Type, 2017‒2031

Table 58: South America Yacht Charter Market Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

Table 59: South America Yacht Charter Market Volume (Units) Forecast, by Country and Sub-region, 2017‒2031

Table 60: South America Yacht Charter Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

List of Figures

Figure 1: Global Yacht Charter Market Volume (Units) Forecast, by Yacht Type, 2017‒2031

Figure 2: Global Yacht Charter Market Value (US$ Mn) Forecast, by Yacht type, 2017‒2031

Figure 3: Global Yacht Charter Market, Incremental Opportunity, by Yacht Type, Value (US$ Mn), 2022‒2031

Figure 4: Global Yacht Charter Market Volume (Units) Forecast, by Motor Yacht Sub Type, 2017‒2031

Figure 5: Global Yacht Charter Market Value (US$ Mn) Forecast, by Motor Yacht Sub Type, 2017‒2031

Figure 6: Global Yacht Charter Market, Incremental Opportunity, by Motor Yacht Sub Type, Value (US$ Mn), 2022‒2031

Figure 7: Global Yacht Charter Market Volume (Units) Forecast, by Yacht Size, 2017‒2031

Figure 8: Global Yacht Charter Market Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

Figure 9: Global Yacht Charter Market, Incremental Opportunity, by Yacht Size, Value (US$ Mn), 2022‒2031

Figure 10: Global Yacht Charter Market Volume (Units) Forecast, by Consumer Type, 2017‒2031

Figure 11: Global Yacht Charter Market Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

Figure 12: Global Yacht Charter Market, Incremental Opportunity, by Consumer Type, Value (US$ Mn), 2022‒2031

Figure 13: Global Yacht Charter Market Volume (Units) Forecast, by Region, 2017‒2031

Figure 14: Global Yacht Charter Market Value (US$ Mn) Forecast, by Region, 2017‒2031

Figure 15: Global Yacht Charter Market, Incremental Opportunity, by Region, Value (US$ Mn), 2022‒2031

Figure 16: North America Yacht Charter Market Volume (Units) Forecast, by Yacht Type, 2017‒2031

Figure 17: North America Yacht Charter Market Value (US$ Mn) Forecast, by Yacht type, 2017‒2031

Figure 18: North America Yacht Charter Market, Incremental Opportunity, by Yacht Type, Value (US$ Mn), 2022‒2031

Figure 19: North America Yacht Charter Market Volume (Units) Forecast, by Motor Yacht Sub Type, 2017‒2031

Figure 20: North America Yacht Charter Market Value (US$ Mn) Forecast, by Motor Yacht Sub Type, 2017‒2031

Figure 21: North America Yacht Charter Market, Incremental Opportunity, by Motor Yacht Sub Type, Value (US$ Mn), 2022‒2031

Figure 22: North America Yacht Charter Market Volume (Units) Forecast, by Yacht Size, 2017‒2031

Figure 23: North America Yacht Charter Market Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

Figure 24: North America Yacht Charter Market, Incremental Opportunity, by Yacht Size, Value (US$ Mn), 2022‒2031

Figure 25: North America Yacht Charter Market Volume (Units) Forecast, by Consumer Type, 2017‒2031

Figure 26: North America Yacht Charter Market Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

Figure 27: North America Yacht Charter Market, Incremental Opportunity, by Consumer Type, Value (US$ Mn), 2022‒2031

Figure 28: North America Yacht Charter Market Volume (Units) Forecast, by Country, 2017‒2031

Figure 29: North America Yacht Charter Market Value (US$ Mn) Forecast, by Country, 2017‒2031

Figure 30: North America Yacht Charter Market, Incremental Opportunity, by Country, Value (US$ Mn), 2022‒2031

Figure 31: Europe Yacht Charter Market Volume (Units) Forecast, by Yacht Type, 2017‒2031

Figure 32: Europe Yacht Charter Market Value (US$ Mn) Forecast, by Yacht type, 2017‒2031

Figure 33: Europe Yacht Charter Market, Incremental Opportunity, by Yacht Type, Value (US$ Mn), 2022‒2031

Figure 34: Europe Yacht Charter Market Volume (Units) Forecast, by Motor Yacht Sub Type, 2017‒2031

Figure 35: Europe Yacht Charter Market Value (US$ Mn) Forecast, by Motor Yacht Sub Type, 2017‒2031

Figure 36: Europe Yacht Charter Market, Incremental Opportunity, by Motor Yacht Sub Type, Value (US$ Mn), 2022‒2031

Figure 37: Europe Yacht Charter Market Volume (Units) Forecast, by Yacht Size, 2017‒2031

Figure 38: Europe Yacht Charter Market Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

Figure 39: Europe Yacht Charter Market, Incremental Opportunity, by Yacht Size, Value (US$ Mn), 2022‒2031

Figure 40: Europe Yacht Charter Market Volume (Units) Forecast, by Consumer Type, 2017‒2031

Figure 41: Europe Yacht Charter Market Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

Figure 42: Europe Yacht Charter Market, Incremental Opportunity, by Consumer Type, Value (US$ Mn), 2022‒2031

Figure 43: Europe Yacht Charter Market Volume (Units) Forecast, by Country and Sub-region, 2017‒2031

Figure 44: Europe Yacht Charter Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

Figure 45: Europe Yacht Charter Market, Incremental Opportunity, by Country and Sub-region, Value (US$ Mn), 2022‒2031

Figure 46: Asia Pacific Yacht Charter Market Volume (Units) Forecast, by Yacht Type, 2017‒2031

Figure 47: Asia Pacific Yacht Charter Market Value (US$ Mn) Forecast, by Yacht type, 2017‒2031

Figure 48: Asia Pacific Yacht Charter Market, Incremental Opportunity, by Yacht Type, Value (US$ Mn), 2022‒2031

Figure 49: Asia Pacific Yacht Charter Market Volume (Units) Forecast, by Motor Yacht Sub Type, 2017‒2031

Figure 50: Asia Pacific Yacht Charter Market Value (US$ Mn) Forecast, by Motor Yacht Sub Type, 2017‒2031

Figure 51: Asia Pacific Yacht Charter Market, Incremental Opportunity, by Motor Yacht Sub Type, Value (US$ Mn), 2022‒2031

Figure 52: Asia Pacific Yacht Charter Market Volume (Units) Forecast, by Yacht Size, 2017‒2031

Figure 53: Asia Pacific Yacht Charter Market Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

Figure 54: Asia Pacific Yacht Charter Market, Incremental Opportunity, by Yacht Size, Value (US$ Mn), 2022‒2031

Figure 55: Asia Pacific Yacht Charter Market Volume (Units) Forecast, by Consumer Type, 2017‒2031

Figure 56: Asia Pacific Yacht Charter Market Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

Figure 57: Asia Pacific Yacht Charter Market, Incremental Opportunity, by Consumer Type, Value (US$ Mn), 2022‒2031

Figure 58: Asia Pacific Yacht Charter Market Volume (Units) Forecast, by Country and Sub-region, 2017‒2031

Figure 59: Asia Pacific Yacht Charter Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

Figure 60: Asia Pacific Yacht Charter Market, Incremental Opportunity, by Country and Sub-region, Value (US$ Mn), 2022‒2031

Figure 61: Middle East & Africa Yacht Charter Market Volume (Units) Forecast, by Yacht Type, 2017‒2031

Figure 62: Middle East & Africa Yacht Charter Market Value (US$ Mn) Forecast, by Yacht type, 2017‒2031

Figure 63: Middle East & Africa Yacht Charter Market, Incremental Opportunity, by Yacht Type, Value (US$ Mn), 2022‒2031

Figure 64: Middle East & Africa Yacht Charter Market Volume (Units) Forecast, by Motor Yacht Sub Type, 2017‒2031

Figure 65: Middle East & Africa Yacht Charter Market Value (US$ Mn) Forecast, by Motor Yacht Sub Type, 2017‒2031

Figure 66: Middle East & Africa Yacht Charter Market, Incremental Opportunity, by Motor Yacht Sub Type, Value (US$ Mn), 2022‒2031

Figure 67: Middle East & Africa Yacht Charter Market Volume (Units) Forecast, by Yacht Size, 2017‒2031

Figure 66: Middle East & Africa Yacht Charter Market Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

Figure 67: Middle East & Africa Yacht Charter Market, Incremental Opportunity, by Yacht Size, Value (US$ Mn), 2022‒2031

Figure 68: Middle East & Africa Yacht Charter Market Volume (Units) Forecast, by Consumer Type, 2017‒2031

Figure 69: Middle East & Africa Yacht Charter Market Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

Figure 70: Middle East & Africa Yacht Charter Market, Incremental Opportunity, by Consumer Type, Value (US$ Mn), 2022‒2031

Figure 71: Middle East & Africa Yacht Charter Market Volume (Units) Forecast, by Country and Sub-region, 2017‒2031

Figure 72: Middle East & Africa Yacht Charter Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

Figure 73: Middle East & Africa Yacht Charter Market, Incremental Opportunity, by Country and Sub-region, Value (US$ Mn), 2022‒2031

Figure 74: South America Yacht Charter Market Volume (Units) Forecast, by Yacht Type, 2017‒2031

Figure 75: South America Yacht Charter Market Value (US$ Mn) Forecast, by Yacht type, 2017‒2031

Figure 76: South America Yacht Charter Market, Incremental Opportunity, by Yacht Type, Value (US$ Mn), 2022‒2031

Figure 77: South America Yacht Charter Market Volume (Units) Forecast, by Motor Yacht Sub Type, 2017‒2031

Figure 78: South America Yacht Charter Market Value (US$ Mn) Forecast, by Motor Yacht Sub Type, 2017‒2031

Figure 79: South America Yacht Charter Market, Incremental Opportunity, by Motor Yacht Sub Type, Value (US$ Mn), 2022‒2031

Figure 80: South America Yacht Charter Market Volume (Units) Forecast, by Yacht Size, 2017‒2031

Figure 81: South America Yacht Charter Market Value (US$ Mn) Forecast, by Yacht Size, 2017‒2031

Figure 82: South America Yacht Charter Market, Incremental Opportunity, by Yacht Size, Value (US$ Mn), 2022‒2031

Figure 83: South America Yacht Charter Market Volume (Units) Forecast, by Consumer Type, 2017‒2031

Figure 84: South America Yacht Charter Market Value (US$ Mn) Forecast, by Consumer Type, 2017‒2031

Figure 85: South America Yacht Charter Market, Incremental Opportunity, by Consumer Type, Value (US$ Mn), 2022‒2031

Figure 86: South America Yacht Charter Market Volume (Units) Forecast, by Country and Sub-region, 2017‒2031

Figure 87: South America Yacht Charter Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

Figure 88: South America Yacht Charter Market, Incremental Opportunity, by Country and Sub-region, Value (US$ Mn), 2022‒2031

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 How to stand out in the yacht charter market

Home > Traditional Marketing  >  How to stand out in the yacht charter market

Posted by Gemma Harris 14 Oct 2022

In an increasingly crowded market, it is more important than ever to stand out and differentiate your brand from competitors. 

The yacht charter market has seen exceptional growth in recent years. The IMARC Group expects the market to reach a value of US$12.12 billion by 2027, a growth rate of 8.50% from 2022-2027.

With successful yacht charter brokerages and new companies emerging with technologically superior yachts, the market is booming. So, how can brokerages ensure their boats stand out from the competition? 

Relevance helps the world’s leading brokerages increase their yachts’ visibility through tried and tested marketing strategies. 

Here are some tips to consider when marketing a charter yacht: 

1 – Identify the yacht’s desirable features 

Yachts aren’t always built with the charter market in mind. There isn’t such a thing as the perfect charter yacht. However, each charter yacht will have unique qualities that will make it appealing to a select target audience. This competitive advantage is key in such a stimulated market, and the marketing strategy must reflect this effectively for a yacht to benefit from its USP. 

But what should these USPs be?

The offerings

A yacht must have something onboard that makes it different from other vessels; this can seem challenging when there are seemingly a lot of boats that have everything. Hence where differentiating is vital. Do you want to appeal to the younger generation? Perhaps, the technologically savvy owners? Or the more traditional clientele? The offerings of the yacht must fit the target market.

The crew 

A professional and experienced crew onboard can make or break a yacht charter. Dependent on the yacht’s USP, there needs to be a crew onboard that can cater to these. For example, the boat will need health professionals onboard if there is a focus on health and wellness, such as nutritionists, personal trainers, and sports physiotherapists. Or, perhaps there are special menus on offer, and the chef needs to be able to hone in on these particular cuisines. If the yacht offers adventurous activities, the crew must be trained and coached to provide a faultless experience. 

The destinations 

The yacht charter market is global and seasonal, and the best locations are season dependent. Decide which destinations you want to charter and make these the selling point. Perhaps the yacht is an explorer yacht able to take guests to far-reaching corners of the world, or it focuses on particular gems in the Mediterranean, such as the Amalfi Coast. The captain and crew must have destination-specific knowledge to offer the guests local knowledge. 

2 – Who are your clients?

To stand out in the yacht charter market, you must know who you want onboard and what kind of clients to target. While it is tempting to target all UHNWIs, if you hone in on particular attributes, this makes the yacht’s niche much stronger. Whether it be wellbeing, adventure, gourmet experiences, relaxation, culture or another focus, this should be reflected throughout the whole experience from the beginning to the end of the charter.

Regarding where clients want to be, Europe dominates the yacht charter market, with Asia Pacific as the next promising market. Knowing where your clients will come from and where they tend to charter is essential, and creating clientele profiles can help you focus on the correct market. 

3  – Have a watertight strategy 

Once you know what makes the yacht stand out and who you are targeting, a comprehensive marketing strategy comes into play. To increase charter requests, prospective clients need to understand the lifestyle that the vessel is selling. Increasing exposure with a robust marketing strategy can be done through various methods.

Firstly this includes a well-built website with SEO-rich content. First impressions are everything, so having the correct online presence is essential as it is one of the best ways to reach new potential charter clients. This is where SEO comes into play and is crucial in a marketing strategy. Simply, it optimises a brand’s online visibility, increasing website traffic and helping boost charter requests. The process is also about promoting the yacht in other ways through curated content and social media campaigns. 

Visual assets

Another key method is through eye-catching visual assets such as photography and videography. Incorporating striking visuals into a marketing strategy is helpful in standing out from the crowd and promoting more brand awareness. Visual assets can help further reinforce the alluring lifestyle of yacht charters and connect with audiences at a deeper level, by tapping into their emotions and values. The superyacht industry is extremely photogenic, so ensure you utilise this characteristic with imagery that sells the yachting lifestyle, including alluring destinations and postcard-perfect sights. 

Social media and Influencer marketing 

Social media representation is vital in helping a boat stand out in the charter market. To ensure an effective social media strategy for the yacht charter industry, brands must showcase the correct lifestyle; the exclusivity, elite craftsmanship, heritage and superior quality of the yachting industry. This means less about ‘selling’ and more about creating a luxury experience based on storytelling. Recently there has been a shift in influencer marketing from the traditional model to the rise of genuinfluencers . Working with genuninfluencers will help represent a charter vessel effectively, as these content creators are more interested in sharing truthful information on the brands they promote. This is effective for the superyacht industry as it relies on reputation. Choosing the correct genuininfluencers to work with will heighten a yacht’s visibility and help put the vessel front and centre of the right target audience. 

4 – Stay a step ahead 

Future trends must be considered to get ahead in the yacht charter market. One of these trends is the increased demand for charters from younger generations. 

The younger generation tends to be more eco-conscious. Each yacht should consider its role within the sustainability sphere, not only for the betterment of the planet but to ensure that the demands of eco-conscious clients are met.

Another trend driven by the younger generation is the rise in immersive technology. There is a vast opportunity for yachts to utilise the realm of augmented and virtual reality within their future marketing campaigns. One way is through virtual tours of the yacht, a powerful marketing tool whereby potential clients can get a feel for the vessel, essentially a ‘try before you buy’ element to the booking process. Offering more immersive technology onboard can also set a boat apart from others, especially within the onboard entertainment offerings. 

The rise in new destinations, especially those off the beaten track, is a growing trend and should be carefully considered when finalising a yacht’s offerings. Since the pandemic, flexibility has been an important attribute, especially in the changing landscape of the yachting industry. Adaptability to changes is key within the yacht charter market, and reacting to shifting demands keeps brokerages on top.  Relevance Yacht is an award-winning digital marketing agency that helps some of the world’s leading yacht brokerages market yachts to the world’s richest audiences. Our services include branding, SEO, website design and development, content marketing, digital PR, social media, paid advertising, and CRM. Contact Relevance Yacht to learn more.

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Privé Market Expands Offerings with Super Yacht Sales and Charter Services

I n an ambitious expansion of its luxury market portfolio, Privé Market has announced the introduction of super yacht sales and charter services. This new feature aligns with the company’s commitment to providing unparalleled luxury experiences and exceptional service to its discerning clientele.

Elevating Luxury with Super Yachts

Privé Market, already renowned for its curated collection of high-end goods and services, has entered the exclusive world of super yachts. This move is set to attract a new segment of ultra-wealthy individuals seeking both to purchase and to charter these luxurious vessels. The addition of super yachts to Privé Market’s offerings underscores the company’s dedication to remaining at the forefront of the luxury market.

The super yacht sales and charter services provide clients with access to some of the world’s most opulent and well-appointed yachts. These vessels, which can stretch over 100 meters in length, are equipped with state-of-the-art technology, luxurious amenities, and bespoke interiors crafted by renowned designers. Whether for leisure or business, Privé Market’s new service aims to deliver an extraordinary experience on the high seas.

Anonymous Cryptocurrency Payments

In keeping with its innovative approach to luxury services, Privé Market has also integrated anonymous cryptocurrency payments for its super yacht transactions. This feature caters to the increasing demand for privacy and security in high-value purchases. By allowing payments through cryptocurrencies such as Bitcoin and Ethereum, Privé Market ensures a seamless, discreet, and secure transaction process.

The option for anonymous cryptocurrency payments reflects a broader trend in the luxury market where clients prioritize confidentiality and efficiency. This addition not only broadens the accessibility of Privé Market’s offerings but also positions the company as a leader in integrating modern financial solutions within the luxury sector.

Commitment to Excellence

Privé Market’s introduction of super yacht sales and charter services is backed by its reputation for exceptional customer service. The company’s team of experts provides comprehensive support throughout the buying or chartering process, from selecting the right yacht to finalizing the purchase or charter agreement. Clients can expect personalized assistance tailored to meet their unique needs and preferences.

Furthermore, Privé Market’s robust network within the maritime industry ensures that clients have access to the latest models and the most exclusive yachts available on the market. This strategic expansion is a testament to the company’s ability to anticipate and meet the evolving desires of its elite clientele.

Future Prospects

As Privé Market continues to expand its offerings, the addition of super yacht sales and charter services marks a significant milestone in its growth. By integrating anonymous cryptocurrency payments, the company is not only enhancing the customer experience but also setting new standards in the luxury market.

With this innovative approach, Privé Market is well-positioned to attract a new wave of customers who value privacy, exclusivity, and luxury. The company’s latest venture into the world of super yachts is poised to redefine luxury maritime experiences, solidifying its status as a leader in the luxury marketplace.

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Hull and superstructure complete on 62m Project Nacre

Turkish builder Sarp Yachts has completed the hull and superstructure on its 62-metre Project Nacre, which is under construction in Antalya, Turkey. The superyacht is listed with Alex Clarke at Denison Yachting and is awaiting a client before outfitting can be completed.

Construction began on speculation in 2018 but was paused after the business was restructured when the matriarch of the family that owned the shipyard passed away. The shipyard has since resumed construction on multiple projects, including its flagship, Project Nacre. Sarp Yachts estimates delivery in "roughly" 24 months from signing the contract, with all major machinery to be ordered once contracts are finalised.

The project is built in steel and aluminium to a design by Milanese studio Hot Lab with an interior volume totalling 1,150GT. She was first unveiled at the Monaco Yacht Show in 2017 and is based on a Fast Displacement Hull Form (FDHF) by Van Oossanen Naval Architects .

Accommodation is for up to 12 guests split across six cabins, including a full-beam owner's suite and a double VIP cabin on the main deck. This area can be isolated to provide an owner’s apartment – ideal for the immediate family.

Below deck, two further full-beam cabins boost Project Nacre's charter appeal, while two twin cabins complete the guest accommodation. Meanwhile, six crew cabins and a bridge deck captain’s cabin allow for a staff of up to 13 people.

Sarp Yachts has allowed plenty of scope for customisation – for example, the skylounge could be arranged as a home cinema or as a highly sociable conversation space with four L-shaped sofas facing inwards. Whichever option is selected, the private side decks will be easily accessible through sliding glass doors.

Al fresco relaxation options are plentiful. The superyacht sundeck benefits from elevator access, a rectangular spa pool, day head, shaded bar area and an outdoor shower area, while the split foredeck includes a larger spa pool, and the beach club boasts a gym and sliding glass doors in the transom.

 "Having been on board multiple times, Project Nacre represents an absolutely gorgeous project that can be delivered to a client within half the typical built time required for a custom 60-metre," said Alex Clarke. "The engineering and styling behind the project will set her apart in the ever-competitive 60-metre segment of the market, so we are excited to attract a buyer and see this project through to the end and delivery."

Power will come from a pair of 1,500hp engines, supplied by either Caterpillar or MTU, for a top speed of 17 knots. When trimmed back to 12 knots, Project Nacre will boast a transatlantic cruising range of 6,500 nautical miles.

Project Nacre is asking €45,000,000.

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