Brazil Yacht Market Size & Outlook, 2023-2030
Brazil yacht market, 2017-2030 (US$M)
Related Markets
Brazil yacht market highlights
- The Brazil yacht market generated a revenue of USD 213.0 million in 2023 and is expected to reach USD 276.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 3.8% from 2024 to 2030.
- In terms of segment, super yacht was the largest revenue generating type in 2023.
- Sport Yacht is the most lucrative type segment registering the fastest growth during the forecast period.
Yacht market data book summary
| Market revenue in 2023 | USD 213.0 million |
| Market revenue in 2030 | USD 276.8 million |
| Growth rate | 3.8% (CAGR from 2023 to 2030) |
| Largest segment | Super yacht |
| Fastest growing segment | Sport Yacht |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Super Yacht, Flybridge Yacht, Sport Yacht, Long Range Yacht |
| Key market players worldwide | Azimut Holding SPA, Sanlorenzo SpA Ordinary Shares, Viking Therapeutics Inc, Damen Shipyards, Heesen Yachts, Sunseeker International, Princess Yachts International, Ferretti Group, Alexander Marine |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.3% of the global yacht market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil yacht market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 276.8 million by 2030.
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Yacht Market Scope
Yacht Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil yacht 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 yacht market will help companies and investors design strategic landscapes.
Super yacht was the largest segment with a revenue share of 30.05% in 2023. Horizon Databook has segmented the Brazil yacht market based on super yacht, flybridge yacht, sport yacht, long range yacht covering the revenue growth of each sub-segment from 2017 to 2030.
Brazilian luxury boat manufacturers are increasingly focusing on capturing the North American market. To enhance foreign sales, these manufacturers employ various strategies, including dedicated fairs that showcase their latest model speedboats, which can reach prices as high as USD 700,000.
This strategic focus on targeting the North American market is expected to boost the yacht market in Brazil significantly. By capitalizing on tax incentives and cost advantages, Brazilian manufacturers can offer competitive pricing for their luxury boats, making them attractive to affluent consumers in North America.
Some of the primary advantages that Brazilian boats offer are tax incentives and lower production costs. Furthermore, participating in renowned nautical events and dedicated fairs provides exposure and creates opportunities for Brazilian boat builders to establish their presence in the highly lucrative North American market.
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Our clientele includes a mix of yacht 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 Brazil yacht market , including forecasts for subscribers. This country databook contains high-level insights into Brazil yacht market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil yacht market size, by type, 2017-2030 (US$M)
Brazil Yacht Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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