Mexico Leisure Boat Market Size & Outlook, 2023-2030

The leisure boat market in Mexico is expected to reach a projected revenue of US$ 3,781.2 million by 2030. A compound annual growth rate of 4.7% is expected of Mexico leisure boat market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,747.1
Forecast, 2030 (US$M)
$3,781.2
CAGR, 2024 - 2030
4.7%
Report Coverage
Mexico

Mexico leisure boat market highlights

  • The Mexico leisure boat market generated a revenue of USD 2,747.1 million in 2023 and is expected to reach USD 3,781.2 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 4.7% 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 2023USD 2,747.1 million
Market revenue in 2030USD 3,781.2 million
Growth rate4.7% (CAGR from 2023 to 2030)
Largest segmentUsed leisure boat
Fastest growing segmentNew Leisure Boat
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNew Leisure Boat, Used Leisure Boat
Key market players worldwideAzimut 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, Mexico accounted for 6.2% 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 North America, U.S. leisure boat market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 8,130.7 million by 2030.

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Leisure Boat Market Companies

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Mexico leisure boat market size, by type, 2018-2030 (US$M)

Mexico Leisure Boat Market Outlook Share, 2023 & 2030 (US$M)

Mexico leisure boat market size, by type, 2018-2030 (US$M)

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