Yacht Charter

Global Yacht Charter Market to Reach US$12.1 Billion by 2030

The global market for Yacht Charter estimated at US$8.8 Billion in the year 2024, is expected to reach US$12.1 Billion by 2030, growing at a CAGR of 5.4% over the analysis period 2024-2030. Motor, one of the segments analyzed in the report, is expected to record a 5.5% CAGR and reach US$10.4 Billion by the end of the analysis period. Growth in the Sailing segment is estimated at 4.7% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.3 Billion While China is Forecast to Grow at 8.6% CAGR

The Yacht Charter market in the U.S. is estimated at US$2.3 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2030 trailing a CAGR of 8.6% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.0% and 4.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Global Yacht Charter Market - Key Trends and Drivers Summarized

Yacht chartering involves the rental of yachts for recreational or business purposes. This service allows individuals or groups to lease a yacht and its crew for a designated period, ranging from a few hours to several weeks. Yacht charters offer various options, including bareboat charters, where the renter operates the vessel themselves, and crewed charters, which come with a professional crew. These services cater to a wide array of clients, from those seeking luxurious leisure experiences in exotic locations to companies organizing corporate events or incentive trips. The yacht charter industry has evolved significantly, integrating high-end amenities and advanced technologies to enhance the overall experience.

The yacht charter market is characterized by a diverse range of offerings tailored to meet different preferences and budgets. Luxury yachts, typically over 80 feet in length, come equipped with state-of-the-art facilities such as swimming pools, Jacuzzis, gourmet kitchens, and entertainment systems. Mid-sized yachts, which range between 40 and 80 feet, provide a balance of luxury and affordability, often featuring comfortable cabins, spacious decks, and modern navigation systems. For those looking for a more hands-on experience, bareboat charters offer the thrill of sailing with minimal crew intervention, appealing to seasoned sailors and adventure enthusiasts. The destinations are equally varied, from the turquoise waters of the Caribbean and the Mediterranean`s historic coastlines to the remote, pristine regions of the South Pacific and the Indian Ocean.

The growth in the yacht charter market is driven by several factors. Technological advancements have made yachts more efficient, safer, and easier to operate, attracting a broader audience. The rising affluence among the global population, particularly in emerging markets, has increased the demand for luxury and leisure services, including yacht charters. Additionally, there is a growing trend among consumers to seek unique, personalized experiences rather than traditional travel options. Environmental consciousness is influencing the market as well, with an increasing number of eco-friendly yachts designed to minimize carbon footprints, appealing to the environmentally aware clientele. These combined factors are propelling the yacht charter market forward, making it an increasingly attractive segment within the broader travel and leisure industry.

SCOPE OF STUDY:

The report analyzes the Yacht Charter market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Yacht Type (Motor, Sailing); Length (20-50 ft, Below 20 ft, Above 50 ft); Contract Type (Crewed Charter, Bareboat Charter)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 201 Featured) -

• Argo Nautical Limited
• Bénéteau SA
• Boat International Media Ltd
• Camper & Nicholsons International Ltd.
• Fraser Yachts Florida Inc.
• Kiriacoulis Mediterranean Cruises Shipping S.A
• Sunsail Worldwide Sailing Ltd.
• Sunseeker International Ltd.
• The Moorings Limited
• Yachtico Inc.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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