Global Recreational Boating Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Boat Type;

Inboard Boats, Outboard Boats, Personal Watercraft Boats, and Others.

By Power Source;

IC Engine, and Electric Power.

By Application;

Watersports, and Fishing.

By Boat Size;

30 Feet, 30-50 Feet, and 50 Feet.

By Power Range;

Up to 100 kW, 100-200 kW, and Above 200 kW.

By Material Type;

Aluminum, Fiberglass, and Steel.

By Distribution Channel;

Dealer Network, Boat Shows, and Online Sales.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn260398239 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Recreational Boating Market (USD Million), 2021 - 2031

In the year 2024, the Global Recreational Boating Market was valued at USD 25,475.06 million. The size of this market is expected to increase to USD 38,052.82 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.9%.

The global recreational boating market represents a dynamic and diverse industry driven by a passion for leisure activities on the water. Boating enthusiasts around the world engage in a wide range of recreational boating pursuits, from sailing and yachting to fishing and watersports, contributing to a vibrant market landscape.

One of the key drivers of the recreational boating market is the growing demand for outdoor leisure activities and water-based experiences. As individuals seek ways to escape the hustle and bustle of urban life and reconnect with nature, recreational boating offers an appealing opportunity to explore scenic waterways, enjoy camaraderie with family and friends, and partake in various water-based recreational activities.

The market encompasses a wide array of watercraft types, including motorized boats, sailboats, yachts, personal watercraft (PWC), and inflatable boats, catering to diverse preferences and interests of boating enthusiasts. Each category offers unique features, capabilities, and experiences, ranging from exhilarating speed and performance to luxurious comfort and relaxation, driving consumer demand for a broad spectrum of recreational boating products.

Technological advancements and innovation play a significant role in shaping the recreational boating market, with manufacturers continuously introducing new designs, materials, propulsion systems, and onboard amenities to enhance performance, efficiency, safety, and comfort. From advanced navigation and communication systems to eco-friendly propulsion technologies and luxury creature comforts, boaters have access to an array of cutting-edge features and capabilities that enhance their overall boating experience.

The global recreational boating market is also influenced by factors such as economic conditions, consumer discretionary spending, regulatory policies, and environmental concerns. Economic prosperity and stability often correlate with increased consumer spending on recreational boating activities, while regulatory initiatives aimed at promoting safety, environmental sustainability, and access to water resources can shape market dynamics and industry practices.

In summary, the recreational boating market represents a vibrant and evolving industry driven by a passion for outdoor recreation, technological innovation, and a diverse array of water-based activities. As boating enthusiasts continue to seek memorable experiences on the water, manufacturers, service providers, and industry stakeholders are poised to innovate and adapt to meet the evolving needs and preferences of recreational boaters worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Boat Type
    2. Market Snapshot, By Power Source
    3. Market Snapshot, By Application
    4. Market Snapshot, By Boat Size
    5. Market Snapshot, By Power Range
    6. Market Snapshot, By Material Type
    7. Market Snapshot, By Distribution Channel
    8. Market Snapshot, By Region
  4. Global Recreational Boating Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Environmental sustainability
        2. Regulatory frameworks
        3. Safety standards
        4. Demographic trends
      2. Restraints
        1. High ownership costs
        2. Environmental regulations
        3. Seasonal demand
        4. Weather conditions
      3. Opportunities
        1. Adventure Tourism
        2. Participation Diversity
        3. Accessible Boating
        4. Recreational Fishing
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Recreational Boating Market, By Boat Type, 2021 - 2031 (USD Million)
      1. Inboard Boats
      2. Outboard Boats
      3. Personal Watercraft Boats
      4. Others
    2. Global Recreational Boating Market, By Power Source, 2021 - 2031 (USD Million)
      1. IC Engine
      2. Electric Power
    3. Global Recreational Boating Market, By Application, 2021 - 2031 (USD Million)
      1. Watersports
      2. Fishing
    4. Global Recreational Boating Market, By Boat Size, 2021 - 2031 (USD Million)
      1. 30 Feet
      2. 30-50 Feet
      3. 50 Feet
    5. Global Recreational Boating Market, By Power Range, 2021 - 2031 (USD Million)
      1. Up to 100 kW
      2. 100-200 kW
      3. Above 200 kW.
    6. Global Recreational Boating Market, By Material Type, 2021 - 2031 (USD Million)
      1. Aluminum
      2. Fiberglass
      3. Steel
    7. Global Recreational Boating Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Dealer Network
      2. Boat Shows
      3. Online Sales
    8. Global Recreational Boating Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Brunswick Corporation
      2. Groupe Beneteau
      3. Azimut Benetti Group
      4. Bennington Marine LLC
      5. Catalina Yachts.
      6. Ferretti Group
      7. Brunswick’s Heyday
      8. Malibu boats
  7. Analyst Views
  8. Future Outlook of the Market