Boat Rental Market was valued at USD 19.57 Billion in 2023, and is expected to reach USD 29.67 Billion by 2030, exhibiting a CAGR of 6.12 % during the forecast period (2024-2030).
Renting or chartering a yacht, sailboat, catamaran, motorboat, etc. for travel to different coastal or island areas is known as boat rental. During the forecast period, growth in the millennial population & a rise in marine tourism is expected to drive the Boat Rental Market and analysis by country is covered in the report with its own dynamics. The contributions of different driving factors like promotional boat renting techniques and its impact on revenue of the market in tangible and intangible form are analysed in the report.
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