Boat rental is the business of renting, or chartering, a yacht, sailboat, catamaran, motorboat, etc., for traveling to various coastal or island destinations. Growth in the millennial population and the increase of marine tourism are fuels the boat rental market growth over the forecast period. Furthermore, an introduction to new promotional boat renting methods, such as rental service providers collaborating with travel agencies to offer combined packages, is also accelerating the boat rental market.
MARKET DYNAMICS
An increase in per capita income has led to higher spending on recreational and tourism activity. Therefore, an increase in demand for rental boats leads to the boat rental market's growth during the forecast period. However, higher taxation on renting boats and a hike in costs during peak seasons may restrain the boat rental market growth up to a certain level. Moreover, the development of online platforms, mobile apps & various business models for boat booking provides an easy and convenient way to book a boat, resulting in the growth of the rental boat market in the coming years.
MARKET SCOPE
The "Global Boat Rental Market Analysis to 2028"? is a specialized and in-depth study of the boat rental industry with a special focus on the global market trend analysis. The report aims to provide an overview boat rental market with detailed market segmentation as boat type, rental type, application, and geography. The global boat rental market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading boat rental market players and offers key trends and opportunities in the boat rental market.
MARKET SEGMENTATION
The global boat rental market is segmented on the basis of boat type, rental type, application. On the basis of boat type the market is segmented as yacht, sailing boat, catamaran, motorboat, others. On the basis of rental type the market is segmented as short, mid, long. On the basis of application the market is segmented as fishing, sailing, other.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global boat rental market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The boat rental market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting boat rental market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the boat rental market in these regions.
MARKET PLAYERS
The reports cover key developments in the boat rental market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Boat rental market are anticipated to lucrative growth opportunities in the future with the rising demand for boat rental in the global market. Below mentioned is the list of few companies engaged in the boat rental market.
The report also includes the profiles of key boat rental companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Boatjump, S.L.
- Boatsetter
- Click&Boat
- GetMyBoat, Inc.
- Le Boat
- Nautal
- Sailo Inc.
- SamBoat
- YACHTICO
- Zizooboats GmbH
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.