Yacht Charter Market:

2015 - 2020

FMI

Yacht Charter Market: Global Scenario, Trends,

Industry Analysis, Size, Share and Forecast, 2015 - 2020

Published Date:
June 2015

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Yacht Charter Market:

2015 - 2020

REPORT DESCRIPTION
Yacht Charter Market Driven by Robust Demand from Retail Consumers
The yacht charter market has made a steady recovery since the financial crisis, and a new report by
Future Market Insights estimates it to amplify at a compound annual growth rate (CAGR) of 6.5%
through 2020. The report titled, Yacht Charter Market: Global Industry Analysis and Opportunity
Assessment 2015 - 2020, provides key insights on the prospects of the global yacht market.
Recovery in the global economy has augured well for the prospects of the yacht charter market.
Increase in the number of high net worth individuals and renewed interest in leisure activities has
provided an impetus to the yacht charter market globally.
FMIs analysis on the yacht charter market revealed that promotional activities by yacht manufacturers
have created greater awareness among the target audience. Celebrity endorsements have also helped
yacht charter companies garner media attention.
There are a few caveats though for the growth of the yacht charter market. The yacht charter industry
is facing stiff competition from unregistered yacht sector. Many unregistered yacht owners lack
requisite licence and permission to offer yacht charter services. FMI opines that the unregulated sector
can restrain the growth of the market during the forecast period 2015-2020.
Yacht companies are leveraging the reach and appeal of digital marketing, especially social media to
connect with their target audience. Through virtual tours and videos, yacht companies are showcasing
the services they have to offer. FMIs analysis revealed that online reviews and testimonials are a key
factor for consumers while choosing a yacht company.
Eastern Europe (including Russia & Turkey), Rest of Europe (North, South & West), and North America
are the most lucrative regions for yacht market. FMIs analysis found that these three regions
collectively accounted for nearly 75% of the market share in 2014.
FMI projects the yacht charter market in the Rest of Europe to witness a CAGR of 6.3% through 2020.
The market in Rest of Europe is driven by high consumer demand for yacht charters in Greece, which is
home to some of the worlds most scenic charter destinations, such as Ionian Island, Aegean Islands,
Cyclades, Dodecanese, Corfu, and Athens.

Future Market Insights

Yacht Charter Market:

2015 - 2020

The yacht charter market in Eastern Europe is projected to witness a CAGR of 7.2% through 2020. FMI
estimates the Eastern Europe yacht charter market to be worth US$ 13.6 Bn by 2020. Turkey is the
most popular charter destination in Eastern Europe.
FMI has segmented the global yacht charter market into motor yachts and sailing yachts. Among these,
sailing yachts segment dominated the market in 2014 with a share of nearly 79%. FMI estimates the
sailing yachts segment to witness a CAGR of 6.5% through 2020; the motor yachts segment is
anticipated to expand at 6.7% CAGR through 2020.
On the basis of consumer type, the yacht charter market is broadly segmented into corporate and
retail. Retail consumers dominated the yacht charter market in 2014, accounting for nearly 69% of
market share. FMI estimates the retail consumer segment to amplify at a CAGR of 6.4% during the
forecast period 2015-2020.
On the basis of yacht size, the yacht charter market is segmented into large (over 50m), medium (30m
50m), and small (up to 30m). Among these, the demand for medium yachts was the highest, with this
segment accounting for over half of the market share in 2014. FMI estimates medium yacht segment
to witness a CAGR of 5.1% through 2020. However, it is the small yacht segment that is anticipated to
witness the highest CAGR of 8.5%.
The key companies profiled in FMIs report include Sunsail Ltd., The Moorings, Hanse Group, Fraser
Escape Bareboat Charters, Incrediblue Limited., Antlos, Dream Yacht Charter, Sailogy S.A, Yachtico,
Boatbound Inc., and Fun2Rent. These companies are constantly exploring new opportunities to expand
their offerings. Use of digital media remains a key marketing trend for these companies.
Browse Full: "Global Yacht Charter Market Growth, Industry Survey, Competitive Analysis,
Segment Analysis, Regional Outlook, Application, Company Profiles, Trends, Size, CAGR,
Opportunity, Share and Forecast 2015 to 2020" Market Research Report at
http://www.futuremarketinsights.com/reports/details/yacht-charter-market

TABLE OF CONTENT
1.

Global Yacht Charter Market Executive Summary

2.

Research Methodology

3.

Assumptions and Acronyms Used

Future Market Insights

Yacht Charter Market:

2015 - 2020

4.

Market Overview

4.1. Introduction
4.1.1.

Global Yacht Charter Market Taxonomy

4.1.2.

Global Yacht Charter Market Definition

4.2. Global Yacht Charter Market Size and Forecast

4.2.1.

Global Yacht Charter Market Y-o-Y Growth

4.2.2.

Global Yacht Charter Market Absolute $ Opportunity

4.3. Global Yacht Charter Market Dynamics

4.3.1.

Drivers

4.3.1.1.

Supply Side

4.3.1.2.

Demand Side

4.3.2.
5.

Restraints
Global Yacht Charter Market Analysis and Forecast By Region

5.1. Introduction
5.2. Global Yacht Charter Market Size and Forecast By Region
5.2.1.

BPS Analysis, By Region

5.2.2.

Y-o-Y growth comparison, By Region

5.3. North America

5.3.1.

North America Market Size Forecast and Y-o-Y Growth

5.3.2.

Absolute $ Opportunity

5.4. Latin America

Future Market Insights

Yacht Charter Market:

2015 - 2020

5.4.1.

Latin America Market Size Forecast and Y-o-Y Growth

5.4.2.

Absolute $ Opportunity

5.5. Eastern Europe (including Russia & Turkey)

5.5.1.

Eastern Europe (Russia & Turkey included) Market Size Forecast and Y-o-Y Growth

5.5.2. Absolute $ Opportunity

5.6. Rest of Europe (North, South, & West)
5.6.1.

Rest Of Europe (North, South & West Included) Market Size Forecast and Y-o-Y Growth

5.6.2.

Absolute $ Opportunity

5.7. Asia Pacific

5.7.1.

Asia Pacific Market Size Forecast and Y-o-Y Growth

5.7.2.

Absolute $ Opportunity

5.8. Middle East & Africa (MEA)

5.8.1.

MEA Market Size Forecast and Y-o-Y Growth

5.8.2.

Absolute $ Opportunity

5.9. Global Yacht Charter Market Key Trends By Region

5.10. Impact Analysis of Drivers and Restraints By Region
5.11. Global Yacht Charter Market Attractiveness Analysis By Region
6.

Global Yacht Charter Market Analysis and Forecast By Yacht Type

6.1. Introduction
6.2. Global Yacht Charter Market Size and Forecast By Yacht Type
6.2.1.

BPS Analysis, By Yacht Type

Future Market Insights

Yacht Charter Market:

2015 - 2020

6.2.2.

Y-o-Y growth comparison, By Yacht Type

6.3. Motor Yachts Market Size and Forecast by Hull Configuration

6.3.1. Displacement Type
6.3.2. Semi-displacement
6.3.3. Planing
6.3.4. Catarmaran
6.3.5. Trimaran
7.

Global Yacht Charter Market Analysis and Forecast By Consumer Type

7.1. Introduction
7.2. Global Yacht Charter Market Size and Forecast By Consumer Type
7.2.1.

BPS Analysis, By Consumer Type

7.2.2.

Y-o-Y growth comparison, By Consumer Type

7.3. Corporate Market Size and Forecast

7.4. Retail Market Size and Forecast
8.

Global Yacht Charter Market Analysis and Forecast By Yacht Size

8.1. Introduction
8.2. Global Yacht Charter Market Size and Forecast By Yacht Size
8.2.1.

BPS Analysis, of Yacht Size

8.2.2.

Y-o-Y growth comparison, of Yacht Size

9.

Global Yacht Charter Market - Digital Marketing and Distribution Landscape

9.1. Digital Marketing Strategy

Future Market Insights

Yacht Charter Market:

2015 - 2020

9.1.1. Websites
9.1.2. Social Media
9.2. Effective tools of Promotion
10. Company Profiles
10.1. Sunsail Ltd.
10.1.2. Products & Services Portfolio
10.1.2.1.

Peer to Peer

10.1.2.2.

Integrated payment system

10.1.2.3.

Community Based

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Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research
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Future Market Insights

Yacht Charter Market:

2015 - 2020

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Related Links:
Press Release on Yacht Charter Market Growth:
http://www.futuremarketinsights.com/pressreleases/details/yacht-charter-market

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