Albany, New York, May 23, 2018: A new market intelligence study titled, “Yacht Charter Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027)” has been added to the vast repository of Market Research Reports Search Engine (MRRSE). According to the research report, the global yacht charter market is likely to grow at over 5% CAGR during 2027.
According to the research study, the resurgence in the yacht charter market is on account of improvement in macroeconomic conditions. The sluggishness in the market on account of Euro crisis and geopolitical tensions is witnessing a slow, yet steady recovery, and it is highly likely that stakeholders in this market may witness a steady stream of opportunities during the assessment period.
The preference for yacht chartering as a leisure activity, combined with increasing popularity by corporates is fuelling the global yacht charter market. Yacht chartering is gaining ground as a leisure activity, and it is highly likely that demand will grow at a steady clip during the assessment period. The popularity of yacht chartering among in the young demographic is also likely to provide an impetus to growth during the assessment period.
In a bid to offer readers in-depth insights and analysis on the yacht charter market, the report has segmented the market on the basis of yacht type, consumer type, and yacht size. The report also offers region-wise segmentation on the yacht charter market – the key markets covered in the market include Caribbean, Americas, APAC, Mediterranean, and Rest of EMEA.
On the basis of yacht type, demand for motor yacht is likely to remain robust, and it is expected that this segment will continue to account for the leading revenue share of the market. By region, Mediterranean is likely to account for the leading revenue share of the market, owing to its popularity and vicinity to Europe. By consumer type, retail segment is likely to witness steady growth over the assessment period, and is likely to surpass US$ 15 Bn by the end of the forecast period. By yacht size, preference for small yacht charters (<30M) is likely to remain steady over the course of the forecast period.
The research study also offers in-depth analysis and insights on the yacht charter market. Some of the leading players profiled in the research study include Princess Yacht Charter, Yachtico Inc, Fraser Escape Bareboat Charters, Boatbookings (Enitiative.biz, Ltd.), Antlos S.r.l., Sailogy S.A, Collaborative Boating Inc., TUI Group, and Zizooboats GmbH.
Browse Full Global Yacht Charter Market Report with TOC : https://www.mrrse.com/yacht-charter-report
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