Product Code: ETC5062110 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Antigua and Barbuda Luxury Yacht Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 3.01% in 2027, following an initial rate of 1.76%, before easing to 0.44% at the end of the period.
The Luxury Yacht market in Antigua and Barbuda is projected to grow at a stable growth rate of 3.01% by 2027, within the North America region led by United States of America, along with other countries like Canada, Trinidad and Tobago, Jamaica and Bahamas, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The luxury yacht market in Antigua and Barbuda is prominent, given the region`s appeal as a premier yachting destination. This market includes high-end yachts designed for leisure and recreation. The demand for luxury yachts is driven by wealthy individuals and tourists seeking exclusive marine experiences.
Antigua and Barbuda`s luxury yacht market benefits from its reputation as a premier yachting destination and host of prestigious events like Antigua Sailing Week. The country`s picturesque coastline, marina facilities, and favorable sailing conditions attract high-net-worth individuals and luxury yacht owners, driving demand for luxury yacht sales and services.
Challenges in the luxury yacht market include economic downturns affecting discretionary spending, high maintenance costs for luxury vessels, and the impact of changing consumer preferences on yacht designs and features.
In the luxury yacht market, Antigua and Barbuda supports marine tourism and yacht services. Policies include marina development projects, tax incentives for yacht owners and operators, and partnerships with international yacht manufacturers to promote Antigua and Barbuda as a premier yacht destination.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Antigua and Barbuda Luxury Yacht Market Overview |
3.1 Antigua and Barbuda Country Macro Economic Indicators |
3.2 Antigua and Barbuda Luxury Yacht Market Revenues & Volume, 2021 & 2031F |
3.3 Antigua and Barbuda Luxury Yacht Market - Industry Life Cycle |
3.4 Antigua and Barbuda Luxury Yacht Market - Porter's Five Forces |
3.5 Antigua and Barbuda Luxury Yacht Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Antigua and Barbuda Luxury Yacht Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Antigua and Barbuda Luxury Yacht Market Trends |
6 Antigua and Barbuda Luxury Yacht Market Segmentations |
6.1 Antigua and Barbuda Luxury Yacht Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Antigua and Barbuda Luxury Yacht Market Revenues & Volume, By Motor Yachts, 2021-2031F |
6.1.3 Antigua and Barbuda Luxury Yacht Market Revenues & Volume, By Sail Yachts, 2021-2031F |
7 Antigua and Barbuda Luxury Yacht Market Import-Export Trade Statistics |
7.1 Antigua and Barbuda Luxury Yacht Market Export to Major Countries |
7.2 Antigua and Barbuda Luxury Yacht Market Imports from Major Countries |
8 Antigua and Barbuda Luxury Yacht Market Key Performance Indicators |
9 Antigua and Barbuda Luxury Yacht Market - Opportunity Assessment |
9.1 Antigua and Barbuda Luxury Yacht Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Antigua and Barbuda Luxury Yacht Market - Competitive Landscape |
10.1 Antigua and Barbuda Luxury Yacht Market Revenue Share, By Companies, 2024 |
10.2 Antigua and Barbuda Luxury Yacht Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |