Small Boats Market Revenue Drivers | Business Challenges & Risks | Research Report

The Global Small Boats Market research report offers a complete breakdown of the industry scope, assumptions, segmentation, key strategies, revenue, shares, and size of top players. This syndicated research report also provides application, regional, product insights, and offers ready, data-driven answers to many industry-level questions.

Market Insights:

Global Small Boats Market is expected to grow at a CAGR of 7% in the forecast period owing to the flourishing marine sector, rise in average selling prices and increasing interest of public in numerous water sports. Small boats are normally used on inland waterways like lakes, rivers and coastal regions. 

Key Players:

• Brunswick
• Groupe Beneteau
• Yamaha
• Correct Craft
• Malibu Boats
• MasterCraft
• Porter

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Growth Drivers:

Increasing disposable income is propelling the growth of travel and tourism activities on a global scale, which is driving the small boats market. Small boats are used in several activities like boat racing, sailing, campaigning, motorized water sports that has affected small boats market positively in the recent years and the growth is expected to continue in future as well.

Moreover, developing countries across the globe are witnessing considerable improvement in economy, which is resulting in increased expenditure on recreational activities. Furthermore, the demand for small boats is predicted to increase due to old trend of the traditional boats and technological enhancements. 

Market Segment:

Key Regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America

Regional Insights:

North America followed by Europe are expected to lead small boats market owing to the rise in recreational activities like fishing & boating and technological advancements in the region.

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