India Sailboat Market Size & Outlook, 2023-2030
India sailboat market, 2017-2030 (US$M)
Related Markets
India sailboat market highlights
- The India sailboat market generated a revenue of USD 97.9 million in 2023 and is expected to reach USD 137.0 million by 2030.
- The India market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
- In terms of segment, monohull was the largest revenue generating hull type in 2023.
- Multi-hull is the most lucrative hull type segment registering the fastest growth during the forecast period.
Sailboat market data book summary
| Market revenue in 2023 | USD 97.9 million |
| Market revenue in 2030 | USD 137.0 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Monohull |
| Fastest growing segment | Multi-hull |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Monohull, Multi-hull |
| Key market players worldwide | Beneteau SA, Hallberg-Rassy, Catalina Yachts, HanseYachts, Cantiere del Pardo, Fountaine Pajot, Oyster Yachts, Nautor's Swan, Bavaria, Najad, Storm-tec |
Other key industry trends
- In terms of revenue, India accounted for 2.8% of the global sailboat market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China sailboat 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 362.8 million by 2030.
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Sailboat Market Scope
Sailboat Market Companies
| Name | Profile | # Employees | HQ | Website |
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India sailboat market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sailboat market will help companies and investors design strategic landscapes.
Monohull was the largest segment with a revenue share of 59.14% in 2023. Horizon Databook has segmented the India sailboat market based on monohull, multi-hull covering the revenue growth of each sub-segment from 2017 to 2030.
The Indian sailboat market is experiencing significant growth owing to several key factors that underscore the country's emerging economy and the increasing interest of its affluent class in leisure activities. India's expansive coastline, stretching over 7,500 kilometers, presents abundant opportunities for the growth of the sailboat market in India.
The extensive coastline provides a natural playground for sailing, and destinations such as Goa, Kerala, and the Andaman Islands are reaping the benefits of a surge in sailingrelated tourism. As the nation's economy expands, a burgeoning middle and upper-middle class emerges.
With rising incomes and improved living standards, individuals within this segment are seeking recreational pursuits to enrich their lifestyles. While there is a notable rise in the production of luxury boats, the growth of marine infrastructure has not kept pace with this expansion.
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Our clientele includes a mix of sailboat market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India sailboat market , including forecasts for subscribers. This country databook contains high-level insights into India sailboat market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India sailboat market size, by hull type, 2017-2030 (US$M)
India Sailboat Market Outlook Share, 2023 & 2030 (US$M)
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