Market Forecast By Types (Super yacht, Flybridge yacht, Sport yacht, Long range yacht, Others), By Length (Up to 20 ft, 20 to 50 ft, Above 50 ft) And Competitive Landscape
Product Code: ETC052395 | Publication Date: Jan 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Report Name | Australia Yacht Market |
Forecast period- | 2025-2031 |
CAGR- | 6.5% |
Growing Sector | Transport |
Australia yacht market report thoroughly covers the market by type and by length. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia yacht market is growing steadily, driven by rising disposable income and interest in recreational sailing. Yachts are luxury items used for pleasure and sailing and are popular among the wealthy. Appealing to different markets such as luxury yachts, sailing yachts and motor yachts, the market offers options for different interests and budgets. The country's beautiful beaches and sailing climate have fueled the growth of the Australia yacht market. In addition, the increase in tourism and marine tourism infrastructure strengthened economic growth.
According to 6Wresearch, the Australia Yacht Market size is expected to grow at a CAGR of 6.5% during the forecast period 2025-2031. The growth of the market in Australia can be attributed to a combination of factors, including the rising disposable income among Australians and the increasing interest in luxury maritime activities. The natural beauty of Australia's coastline and its world-renowned harbors make it an attractive location for yachting enthusiasts. Additionally, major trends shaping the industry include the growing popularity of eco-friendly and sustainable yachting solutions, driven by heightened awareness of environmental conservation. However, the market faces restraints such as stringent regulations regarding maritime activities and the maintenance cost of yachts. Despite these challenges, emerging opportunities are present in the form of technological advancements in yacht manufacturing, such as the integration of IoT for enhanced navigation and safety features. Furthermore, the rise of yacht tourism and charter services in Australia presents a lucrative avenue for growth in the sector.
Prominent companies operating in the Australia yacht market include Riviera Australia, Maritimo, and Sunseeker Australia. These companies offer a wide range of yachts catering to different customer preferences, from luxury yachts to performance-oriented vessels.
The Australia government is actively supporting the growth of the yacht market through various initiatives. These include the Superyacht Market Development Fund, promoting innovation and sustainability in the marine market, investing in tourism infrastructure development, and supporting marine market projects nationwide. These efforts aim to foster the local yacht manufacturing market, attract international investments, and enhance Australia's position as a premier yacht destination.
The Australia yacht market is poised for continued growth, driven by rising affluence, tourism, and lifestyle preferences. Technological advancements, including eco-friendly propulsion systems and smart yacht features, are expected to shape the future of the market. Additionally, collaborations between government agencies, market stakeholders, and marine tourism operators will contribute to the Australia Yacht Market Growth. With country’s vast coastline and robust marine infrastructure, the yacht market is set to thrive, offering substantial opportunities for both local and international players.
According to Dhaval, Research Manager, 6Wresearch, the Super Yacht sector is witnessing significant growth owing to the increasing demand for luxury and exclusive maritime experiences among Australia's high-net-worth individuals and international tourists. The Super Yacht, characterized by its substantial size, luxurious amenities, and top-tier service, offers an unmatched level of comfort and prestige.
The Above 50 Ft segment has been leading the Australia yacht market share. The allure of expansive living spaces, customized features, and the epitome of luxury attracts a niche yet financially potent demographic.
The report offers a comprehensive study of the subsequent market segments:
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 Yacht Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Yacht Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Yacht Market - Industry Life Cycle |
3.4 Australia Yacht Market - Porter's Five Forces |
3.5 Australia Yacht Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Australia Yacht Market Revenues & Volume Share, By Length, 2021 & 2031F |
4 Australia Yacht Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Yacht Market Trends |
6 Australia Yacht Market, By Types |
6.1 Australia Yacht Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Australia Yacht Market Revenues & Volume, By Types, 2021 & 2031F |
6.1.3 Australia Yacht Market Revenues & Volume, By Super yacht, 2021 & 2031F |
6.1.4 Australia Yacht Market Revenues & Volume, By Flybridge yacht, 2021 & 2031F |
6.1.5 Australia Yacht Market Revenues & Volume, By Sport yacht, 2021 & 2031F |
6.1.6 Australia Yacht Market Revenues & Volume, By Long range yacht, 2021 & 2031F |
6.1.7 Australia Yacht Market Revenues & Volume, By Others, 2021 & 2031F |
6.2 Australia Yacht Market, By Length |
6.2.1 Overview and Analysis |
6.2.2 Australia Yacht Market Revenues & Volume, By Up to 20 ft, 2021 & 2031F |
6.2.3 Australia Yacht Market Revenues & Volume, By 20 to 50 ft, 2021 & 2031F |
6.2.4 Australia Yacht Market Revenues & Volume, By Above 50 ft, 2021 & 2031F |
7 Australia Yacht Market Import-Export Trade Statistics |
7.1 Australia Yacht Market Export to Major Countries |
7.2 Australia Yacht Market Imports from Major Countries |
8 Australia Yacht Market Key Performance Indicators |
9 Australia Yacht Market - Opportunity Assessment |
9.1 Australia Yacht Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Australia Yacht Market Opportunity Assessment, By Length, 2021 & 2031F |
10 Australia Yacht Market - Competitive Landscape |
10.1 Australia Yacht Market Revenue Share, By Companies, 2024 |
10.2 Australia Yacht Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |