Boat Rental Market - Growth, Trends, and Forecast (2020 - 2025)
|出版商||Mordor Intelligence Pvt Ltd||商品編碼||938132|
|出版日期||內容資訊||英文 70 Pages
|出租船艇市場:成長，趨勢，預測(2020年∼2025年) Boat Rental Market - Growth, Trends, and Forecast (2020 - 2025)|
|出版日期: 2020年05月01日||內容資訊: 英文 70 Pages||
The global boat rental market is anticipated to register a CAGR of about 5% during the forecast period (2020 - 2025)
Increase in Online Rental Services is Driving the Market
Boat rental market is creating a community of occasional boat users and boat owners, where a boat can be rented on the basis of location, type, feature, and duration. This peer-to-peer service has put the thousands of unused boats into work. Owners and rental companies offer boats with a captain and crewed or just handover the boat to the renter, in the latter case renter companies and the owner first review the renter past experience, boating knowledge, and availability of certifications, after all the formalities being done they rent the boat to the renter.
Traditional boat rental companies were taken a new leap after the entry of online rental service providers, previously from a renter point of view even though renting a boat is out of reach, but now renters are enjoying pocket-friendly services and boat owners and fleet owners are achieving a larger reservation volume and enjoying a new income source.
North America and Europe Is Expected to Lead the Boat Rental Market
Boats and water activities are the preferred recreational activities among North America and Europe developed regions and also holds the majority of boat rental startups. In terms of manufacturing capabilities and exporting power the United States is in the top three suppliers and other countries are majorly European such as Germany, France, and Italy.
Similarly, in Asia-Pacific and particularly in China where there are 1,034,000 millionaires, 11,000 citizens worth at least USD 30 million, China has huge potential for boat rentals, also the Chinese government is trying to promote yachting as a leisure activity to be enjoyed by many, rather than a luxury commodity. In, 2016, the China State Council issued a circular to further promote and expand domestic service consumption on tourism. The circular included an announcement to formulate a yachting tourism development plan. Pilot projects for yacht rental services were also started in some routes after that, owing to that many United States and European companies that provide rental services, marinas, and other water sports have expanded their presence in this country.
The boat rental market is moderately fragmented, has a number of active players and also the market is witnessing the emergence of many new startups. Some of the major players in the market are GetMyBoat, Sailo Inc., Nautal, and Boatsetter, amongst others. The companies are expanding their presence by acquiring other market participants, increasing their boat counts, tapping in new and unexplored markets. For instance,