Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Yacht Charter Market is Predicted to Rise at a CAGR of 6.1% during the Forecast Period, mentions TMR Study

This image opens in the lightbox

News provided by

Transparency Market Research

19 Jul, 2022, 11:30 GMT

Share this article

Share toX

Share this article

Share toX

  • The increasing demand from retail customers is responsible for the rising demand for small yachts. Small yachts are easier to utilize in shallow waters and are less expensive to hire.
  • Due to its eco-friendliness and lower operating costs compared to other yachts, the sailing yachts category commanded a significant proportion of the global market in 2021

WILMINGTON, Del., July 19, 2022 /PRNewswire/ -- The global yachting market size stood at more than US$ 22.3 Mn in 2021. The yacht industry statistics predict the market to rise at a CAGR of 6.1% during the forecast period, from 2022 to 2031. The global yacht charter revenue is likely to attain valuation of US$ 40.5 Mn by 2031. With more people owning yachts and more people becoming interested in luxury sailing, the global yacht charter market is likely to expand quickly. Due to better services provided by incumbent yacht charter firms as well as the entry of new companies with technologically superior vessels, the market is likely to be stimulated.

The popularity of luxury and motor yacht charter, growth of marine tourism, and rising tendency amongst high-net-worth individuals to rent yachts instead of buying them for special occasions are likely to drive the market's expansion. Additionally, yacht chartering businesses are using new business prospects in the yacht charter market by providing value-added services like onboard cuisine, onboard entertainment, as well as boat maintenance solutions to customers.

Due to rise in water-based leisure activities, high cost of ownership for yachts in regions like North America and Europe, boom in marine tourism, and a tendency toward yacht chartering over yacht ownership. The revenue from yacht charter is also anticipated to rise as a result of services like crewed chartering, cabin chartering, as well as skippered chartering.

Get PDF Brochure for More Insights - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11225

Key Findings of Market Report

  • The global yacht charter market is likely to observe an increasing trend of unique interior design, such as interiors crafted with exotic leather and products' visual consistency. Lighting, modern woodwork, and furnishings are increasingly being fitted onto sailing and motor boats, which is expected to fuel growth of the global yacht charter market.
  • In 2021, the retail consumer category led the global yacht charter market depending on customer type. Various high-net-worth individuals and tourists are chartering yachts more often, which is likely to contribute to its market dominance.
  • An increase in the popularity of aquatic leisure pursuits, water sports, as well as marine tourism is also expected to drive the global market for private yacht charter in the years to come. The practice of holding commercial and formal meetings between important state officials and businesspeople offshore aboard yachts is one of the emerging yacht industry trends that is estimated to strengthen the industry.

Request Sample Report at – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=11225

Global Yacht Charter Market: Growth Drivers

  • The popularity of renting out motor boats, which are made to order and have marine outboard/engines, is rising. The decline in owner-operator yacht ownership owing to rising operating costs of a boat and engagement of largest yacht charter companies to help yacht owners manage their fleet effectively are likely to drive the market.
  • Based on volume, Europe led the global yacht charter market in 2021, partly as a result of the massive inflow of international visitors to areas like the Mediterranean region for maritime tourism and increase in water-based sports and pleasure activities.

Get COVID-19 Impact Analysis at – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=11225

Global Yacht Charter Market: Key Players

Some of the key market players are

  • Super Yacht Logistics, LLC
  • Martello Yachting and Company
  • Boat International Media Ltd.
  • Sailing Thailand Island Cruises Co., Ltd.
  • West Coast Marine Yacht Services Pvt Ltd.
  • Zizooboats GmbH

Make an Enquiry Before Buying - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=11225

Global Yacht Charter Market: Segmentation

Yacht Type

  • Sailing Yachts
  • Motor Yachts
  • Catamaran Yacht

Yacht Size

  • Small
  • Medium
  • Large

Consumer Type

  • Corporate
  • Retail
  • Others

Browse Latest It & Telecom Industry Research Reports by TMR

Lease Accounting and Management Software Market - Lease accounting and management software market is anticipated to clock a robust CAGR of 9.8% during the forecast period.

Marine Fleet Management Software Market - Marine Fleet Management Software Market is estimated to exceed the value of US$ 1.72 Bn by 2031, expanding at a CAGR of 10.4% during the forecast period.

Investor ESG Software Market - INVESTOR ESG SOFTWARE MARKET is projected to expand at a CAGR of 15.8% during the forecast period. is expected to cross US$ 2.54 Bn by 2031.

Building Information Modelling (BIM) Extraction Software Market - building information modelling (BIM) extraction software market is projected to reach US$ 470.70 Mn With CAGR of 12.6% by 2031.

Inventory Optimization Software and Services Market - Inventory optimization software and services market is expected to expand at a CAGR of 11.2% With US$ 11 Bn during the forecast period.

Warranty Management Software Market - warranty management software market is projected to exceed the value of US$ 12.68 Mn by 2031, expanding at a CAGR of 13.5% during the forecast period.

Price Optimization and Management Software Market - price optimization and management software market is expected to cross the value of US$ 6.5 Bn by the end of 2031, It is estimated to expand at a CAGR of 16.3% from 2021 to 2031

Time & Attendance Management Software Market - Time & Attendance Management Software Market is expected to surpass value of US$ 6.5 Bn by the end of 2031, It is estimated to grow at a CAGR of 9.7% from 2021 to 2031.

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

For More Research Insights on Leading Industries, Visit our YouTube channel - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Contact Us: 
Rohit Bhisey 
Transparency Market Research Inc. 
CORPORATE HEADQUARTER DOWNTOWN, 
1000 N. West Street, 
Suite 1200, Wilmington, Delaware 19801 USA 
Tel: +1-518-618-1030 
USA – Canada Toll Free: 866-552-3453 
Website: https://www.transparencymarketresearch.com 
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com

Logo: https://mma.prnewswire.com/media/1682871/TMR_Logo_Logo.jpg

Modal title

Also from this source

Ultra-high Purity Anhydrous Hydrogen Chloride (HCl) Gas Market to Reach USD 5.7 Billion by 2031, Expanding at a CAGR of 5.4% | TMR Report

Ultra-high Purity Anhydrous Hydrogen Chloride (HCl) Gas Market to Reach USD 5.7 Billion by 2031, Expanding at a CAGR of 5.4% | TMR Report

Over the last year, several companies have announced new semiconductor fabrication sites, especially in the U.S., India, and Europe. These...

Silicon Metal Market Size Projected to Expand to USD 10.7 Billion by 2031 Exhibiting 5.1% CAGR: Transparency Market Research, Inc.

Silicon Metal Market Size Projected to Expand to USD 10.7 Billion by 2031 Exhibiting 5.1% CAGR: Transparency Market Research, Inc.

The market was valued at US$ 6.9 billion in 2022. The Silicon Metal Market Growth is estimated to reach US$ 10.7 billion by the end of 2031,...

More Releases From This Source

Explore

Maritime & Shipbuilding

Maritime & Shipbuilding

Transportation, Trucking & Railroad

Transportation, Trucking & Railroad

Travel

Travel

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.