Lucintel Forecasts the Global Inflatable Boat Market to Reach $4 Billion by 2030
Lucintel Forecasts the Global Inflatable Boat Market to Reach $4 Billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global inflatable boat market looks promising with opportunities in the applications. The global inflatable boat market is expected to reach an estimated $4 billion by 2030 from $2 billion in 2023 at a CAGR of 7% from 2023 to 2030. The major drivers for this market are rising spending on recreation and leisure activities and increasing deployment of inflatable boats in maritime security.
Browse 89 figures/charts and 76 tables in this 181-page report to understand trends, opportunity and forecast in inflatable boat market to 2030 by end use (leisure, defense and others), floor type (aluminum, fiberglass, air mattress, and others), boat type (soft and rigid), and region (North America, Europe, Asia Pacific and ROW).
Lucintel forecasts that soft inflatable boat is expected to be the largest segment and it is also expected to witness the highest growth over the forecast period because of low cost, very light weight, and easy to transport.
Within this market, inflatable boats for leisure application is expected to remain the largest segment by value and volume and it is also expected to witness the highest growth in the forecast period due to growing middle class population and increasing participation in recreational boating.
Asia Pacific is expected to remain the largest region by value and volume due to economic expansion and increasing tourist attraction toward water leisure. North America is expected to experience the highest growth over the forecast period due to rising spending on recreational activities and increasing water sports events.
Zodiac Milpro, Woosung I.B, Brig Rigid Intelligent, AB Inflatable, Williams Jet Tender are the major suppliers in the inflatable boat market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056