Leisure Boat Market to Reach $68.4 Billion by 2032 at 5.9% CAGR
The global Leisure Boat market was valued at USD 40.7 billion in 2023 and is projected to reach USD 68.4 billion by 2032, expanding at a CAGR of 5.9% during 2024–2032. Global unit sales exceeded 1.18 million boats in 2023, reflecting a 4.6% year-over-year (YoY) increase. Rising disposable income, marine tourism growth, and expanding waterfront infrastructure are fueling demand worldwide.
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