India Leisure Boat Market Size & Outlook, 2023-2030
The leisure boat market in India is expected to reach a projected revenue of US$ 57.2 million by 2030. A compound annual growth rate of 3.5% is expected of India leisure boat market from 2024 to 2030.
Revenue, 2023 (US$M)
$45.1
Forecast, 2030 (US$M)
$57.2
CAGR, 2024 - 2030
3.5%
Report Coverage
India
India leisure boat market, 2018-2030 (US$M)
Related Markets
India leisure boat market highlights
- The India leisure boat market generated a revenue of USD 45.1 million in 2023 and is expected to reach USD 57.2 million by 2030.
- The India market is expected to grow at a CAGR of 3.5% from 2024 to 2030.
- In terms of segment, used leisure boat was the largest revenue generating type in 2023.
- New Leisure Boat is the most lucrative type segment registering the fastest growth during the forecast period.
Leisure boat market data book summary
| Market revenue in 2023 | USD 45.1 million |
| Market revenue in 2030 | USD 57.2 million |
| Growth rate | 3.5% (CAGR from 2023 to 2030) |
| Largest segment | Used leisure boat |
| Fastest growing segment | New Leisure Boat |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | New Leisure Boat, Used Leisure Boat |
| Key market players worldwide | Azimut Holding SPA, BRP Inc Shs Subord.Voting, Brunswick Corp, Marine Products Corp, Baja Marine Corporation, Bavaria Yachtbau GmbH, Ferretti Group, Fountain Powerboats, Avon Marina |
Other key industry trends
- In terms of revenue, India accounted for 0.1% of the global leisure boat market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan leisure boat market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 492.8 million by 2030.
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Leisure Boat Market Scope
Leisure boat market segmentation & scope
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Leisure Boat Market Companies
| Name | Profile | # Employees | HQ | Website |
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India leisure boat market size, by type, 2018-2030 (US$M)
India Leisure Boat Market Outlook Share, 2023 & 2030 (US$M)
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