DUBLIN–(BUSINESS WIRE)–The “Leisure Boat Market Size, Share & Trends Analysis Report by Type, by Region, and Segment Forecasts, 2021-2028” report has been added to ResearchAndMarkets.com’s offering.
The global leisure boat market size is expected to reach USD 57.92 billion by 2028, growing at a CAGR of 4.5% from 2021 to 2028
The increasing popularity of marine and coastal tourism, coupled with the growing inclination toward yachting as a recreational activity, is a primary factor driving the market. Although the ongoing Covid-19 pandemic has proved to be a major hindrance for the market, the gradual re-opening of the economies and eased restrictions are paving the way to bring the market back on track. Besides, the growing urge among masses to involve in leisure activities in the post-lockdown period further presents bright opportunities for the market over the forecast period.
The tourism industry has changed…