| Product Code: ETC10812158 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In the Australia small boats market, the import trend experienced a decline with a growth rate of -8.78% from 2023 to 2024, contrasting with the robust compound annual growth rate (CAGR) of 83.16% from 2020 to 2024. This shift may be attributed to fluctuating consumer demand or evolving trade policies impacting market stability.
The small boats market in Australia is experiencing steady growth driven by factors like increasing interest in recreational boating, water sports, and fishing activities. Key trends in the market include a rise in demand for versatile and compact boats suitable for both inland waterways and coastal waters, as well as a growing preference for eco-friendly and fuel-efficient models. Popular types of small boats in Australia include fishing boats, personal watercraft, kayaks, and dinghies. The market is also witnessing advancements in technology, such as the integration of digital navigation systems and smart features. Overall, the Australia small boats market presents opportunities for manufacturers to innovate and cater to the evolving needs and preferences of consumers seeking affordable and reliable watercraft options for recreational purposes.
The small boats market in Australia is experiencing several key trends. Firstly, there is a growing demand for smaller, more affordable boats as consumers seek outdoor recreational activities closer to home due to travel restrictions. Additionally, there is a rising interest in eco-friendly and sustainable boating options, leading to an increased demand for electric-powered small boats. The market is also seeing a shift towards more versatile and multi-functional small boats that can be used for various activities such as fishing, water sports, and leisure cruising. Furthermore, digital innovation is playing a significant role in the small boats market, with the integration of advanced navigation systems, smart connectivity features, and remote monitoring capabilities becoming more prevalent among consumers. Overall, these trends are shaping the Australia small boats market towards more accessible, sustainable, and technologically advanced offerings.
In the Australian small boats market, challenges revolve around economic factors such as fluctuating exchange rates impacting the cost of imported materials, which can affect pricing and profitability for manufacturers. Regulatory compliance and safety standards also pose challenges, as ensuring compliance with various regulations can be time-consuming and costly for small boat companies. Additionally, competition from larger manufacturers and overseas companies can make it difficult for smaller businesses to establish a strong market presence. Inefficient distribution channels and logistics can also hinder the growth of small boat businesses in Australia. Overall, navigating these challenges requires innovative strategies, strong market research, and a focus on differentiation to stand out in the competitive landscape.
The Australia small boats market presents several investment opportunities for both domestic and international investors. With the country`s extensive coastline and numerous lakes and rivers, there is a growing demand for small boats for recreational activities such as fishing, cruising, and water sports. Investing in small boat manufacturing companies or dealerships can be lucrative, especially with the rising trend of Australians seeking outdoor leisure activities. Additionally, there is potential in offering rental services for small boats to cater to tourists and local residents looking for affordable boating experiences. As the economy continues to recover post-pandemic and with a strong interest in outdoor recreation, the Australia small boats market is poised for growth, making it an attractive investment option for those looking to capitalize on the country`s love for water-based activities.
In Australia, the small boats market is regulated by various government policies aimed at ensuring safety, environmental protection, and compliance with maritime laws. The Australian Maritime Safety Authority (AMSA) sets standards for vessel construction, equipment, and operation to enhance boating safety. Additionally, the Australian Competition and Consumer Commission (ACCC) monitors the industry to prevent anti-competitive practices and protect consumer rights. Environmental regulations, such as restrictions on fuel emissions and waste disposal, are enforced by agencies like the Department of Agriculture, Water and the Environment to mitigate the industry`s impact on marine ecosystems. Overall, these government policies work together to promote a thriving and sustainable small boats market in Australia.
The future outlook for the Australia small boats market appears to be positive, driven by factors such as increasing recreational boating activities, growing interest in water sports, and rising disposable income levels. The demand for small boats, including fishing boats, sailboats, and personal watercraft, is expected to continue to rise as more Australians seek outdoor recreational activities and explore coastal and inland waterways. Additionally, advancements in technology, such as electric propulsion systems and lightweight materials, are likely to enhance the performance and efficiency of small boats, attracting more consumers. Overall, the Australia small boats market is projected to experience steady growth in the coming years, presenting opportunities for manufacturers, retailers, and related service providers to capitalize on the increasing consumer interest in boating activities.
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 Australia Small Boats Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Small Boats Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Small Boats Market - Industry Life Cycle |
3.4 Australia Small Boats Market - Porter's Five Forces |
3.5 Australia Small Boats Market Revenues & Volume Share, By Boat Type, 2021 & 2031F |
3.6 Australia Small Boats Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
3.7 Australia Small Boats Market Revenues & Volume Share, By Material Used, 2021 & 2031F |
3.8 Australia Small Boats Market Revenues & Volume Share, By Length Category, 2021 & 2031F |
3.9 Australia Small Boats Market Revenues & Volume Share, By Primary Use, 2021 & 2031F |
4 Australia Small Boats Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Australia |
4.2.2 Growing interest in recreational boating activities |
4.2.3 Technological advancements in small boat manufacturing and design |
4.3 Market Restraints |
4.3.1 High maintenance and operating costs of small boats |
4.3.2 Environmental regulations impacting the use of small boats |
4.3.3 Competition from other recreational activities such as camping or hiking |
5 Australia Small Boats Market Trends |
6 Australia Small Boats Market, By Types |
6.1 Australia Small Boats Market, By Boat Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Small Boats Market Revenues & Volume, By Boat Type, 2021 - 2031F |
6.1.3 Australia Small Boats Market Revenues & Volume, By Fishing Boats, 2021 - 2031F |
6.1.4 Australia Small Boats Market Revenues & Volume, By Inflatable Boats, 2021 - 2031F |
6.1.5 Australia Small Boats Market Revenues & Volume, By Personal Watercrafts, 2021 - 2031F |
6.2 Australia Small Boats Market, By Engine Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Small Boats Market Revenues & Volume, By Outboard Motors, 2021 - 2031F |
6.2.3 Australia Small Boats Market Revenues & Volume, By Electric Motors, 2021 - 2031F |
6.2.4 Australia Small Boats Market Revenues & Volume, By Jet Propulsion, 2021 - 2031F |
6.3 Australia Small Boats Market, By Material Used |
6.3.1 Overview and Analysis |
6.3.2 Australia Small Boats Market Revenues & Volume, By Fiberglass, 2021 - 2031F |
6.3.3 Australia Small Boats Market Revenues & Volume, By PVC & Hypalon, 2021 - 2031F |
6.3.4 Australia Small Boats Market Revenues & Volume, By Aluminum, 2021 - 2031F |
6.4 Australia Small Boats Market, By Length Category |
6.4.1 Overview and Analysis |
6.4.2 Australia Small Boats Market Revenues & Volume, By Under 10 Feet, 2021 - 2031F |
6.4.3 Australia Small Boats Market Revenues & Volume, By 10 - 20 Feet, 2021 - 2031F |
6.4.4 Australia Small Boats Market Revenues & Volume, By 20 - 30 Feet, 2021 - 2031F |
6.5 Australia Small Boats Market, By Primary Use |
6.5.1 Overview and Analysis |
6.5.2 Australia Small Boats Market Revenues & Volume, By Recreational Fishing, 2021 - 2031F |
6.5.3 Australia Small Boats Market Revenues & Volume, By Water Rescue Operations, 2021 - 2031F |
6.5.4 Australia Small Boats Market Revenues & Volume, By Adventure & Sports, 2021 - 2031F |
7 Australia Small Boats Market Import-Export Trade Statistics |
7.1 Australia Small Boats Market Export to Major Countries |
7.2 Australia Small Boats Market Imports from Major Countries |
8 Australia Small Boats Market Key Performance Indicators |
8.1 Number of boat registrations in Australia |
8.2 Percentage of population participating in recreational boating |
8.3 Average age of small boats in operation |
9 Australia Small Boats Market - Opportunity Assessment |
9.1 Australia Small Boats Market Opportunity Assessment, By Boat Type, 2021 & 2031F |
9.2 Australia Small Boats Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
9.3 Australia Small Boats Market Opportunity Assessment, By Material Used, 2021 & 2031F |
9.4 Australia Small Boats Market Opportunity Assessment, By Length Category, 2021 & 2031F |
9.5 Australia Small Boats Market Opportunity Assessment, By Primary Use, 2021 & 2031F |
10 Australia Small Boats Market - Competitive Landscape |
10.1 Australia Small Boats Market Revenue Share, By Companies, 2024 |
10.2 Australia Small Boats Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |