Product Code: ETC5063847 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The Benin Recreational Boat Market is expanding as interest in boating and water-based recreational activities increases. Recreational boats are used for leisure activities such as fishing, water sports, and cruising. The market is driven by the growing popularity of outdoor recreation, rising disposable incomes, and the development of tourism and marine infrastructure. Additionally, advancements in boat design and technology, as well as the availability of a wide range of recreational boats catering to different preferences and budgets, are supporting market growth.
The Benin Recreational Boat Market is driven by the growing interest in leisure activities and water sports among the population. As disposable incomes rise and more people seek outdoor recreational activities, the demand for recreational boats has increased. The development of coastal tourism and the promotion of marine-based leisure activities by the government also play a significant role in driving the market. Additionally, the increasing availability of affordable boats and related accessories supports the growth of the recreational boat market in Benin.
The Recreational Boat Market in Benin faces challenges related to limited consumer base and high costs of ownership. Recreational boating is often seen as a luxury activity, and the market is small due to the limited number of affluent individuals who can afford such purchases. Additionally, the high costs associated with purchasing, maintaining, and storing recreational boats deter potential buyers, restricting market growth.
The government of Benin encourages the growth of the recreational boat market by promoting the development of the marine industry and enhancing infrastructure for water-based activities. Policies include supporting the local manufacture of recreational boats, ensuring safety standards, and fostering tourism and recreational opportunities related to boating.
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 Benin Recreational Boat Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin Recreational Boat Market Revenues & Volume, 2021 & 2031F |
3.3 Benin Recreational Boat Market - Industry Life Cycle |
3.4 Benin Recreational Boat Market - Porter's Five Forces |
3.5 Benin Recreational Boat Market Revenues & Volume Share, By Boat Type, 2021 & 2031F |
3.6 Benin Recreational Boat Market Revenues & Volume Share, By Boat Size, 2021 & 2031F |
3.7 Benin Recreational Boat Market Revenues & Volume Share, By Engine Placement, 2021 & 2031F |
3.8 Benin Recreational Boat Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
3.9 Benin Recreational Boat Market Revenues & Volume Share, By Power Range, 2021 & 2031F |
3.10 Benin Recreational Boat Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.11 Benin Recreational Boat Market Revenues & Volume Share, By Activity Type, 2021 & 2031F |
4 Benin Recreational Boat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of the population in Benin |
4.2.2 Growing interest in recreational activities and leisure among Benin residents |
4.2.3 Rise in tourism and water-based activities in Benin |
4.3 Market Restraints |
4.3.1 High cost associated with purchasing and maintaining recreational boats |
4.3.2 Limited availability of financing options for purchasing boats in Benin |
4.3.3 Concerns about safety and regulations in recreational boating |
5 Benin Recreational Boat Market Trends |
6 Benin Recreational Boat Market Segmentations |
6.1 Benin Recreational Boat Market, By Boat Type |
6.1.1 Overview and Analysis |
6.1.2 Benin Recreational Boat Market Revenues & Volume, By Yachts, 2021-2031F |
6.1.3 Benin Recreational Boat Market Revenues & Volume, By Sailboats, 2021-2031F |
6.1.4 Benin Recreational Boat Market Revenues & Volume, By Personal Watercrafts, 2021-2031F | 6.1.6 Benin Recreational Boat Market Revenues & Volume, By Inflatables, 2021-2031F |
6.1.6 Benin Recreational Boat Market Revenues & Volume, By Others, 2021-2031F |
6.2 Benin Recreational Boat Market, By Boat Size |
6.2.1 Overview and Analysis |
6.2.2 Benin Recreational Boat Market Revenues & Volume, By <30 Feet, 2021-2031F |
6.2.3 Benin Recreational Boat Market Revenues & Volume, By 30-50 Feet, 2021-2031F |
6.2.4 Benin Recreational Boat Market Revenues & Volume, By >50 Feet, 2021-2031F |
6.3 Benin Recreational Boat Market, By Engine Placement |
6.3.1 Overview and Analysis |
6.3.2 Benin Recreational Boat Market Revenues & Volume, By Outboards, 2021-2031F |
6.3.3 Benin Recreational Boat Market Revenues & Volume, By Inboards, 2021-2031F |
6.3.4 Benin Recreational Boat Market Revenues & Volume, By Others, 2021-2031F |
6.4 Benin Recreational Boat Market, By Engine Type |
6.4.1 Overview and Analysis |
6.4.2 Benin Recreational Boat Market Revenues & Volume, By Ice, 2021-2031F |
6.4.3 Benin Recreational Boat Market Revenues & Volume, By Electric, 2021-2031F |
6.5 Benin Recreational Boat Market, By Power Range |
6.5.1 Overview and Analysis |
6.5.2 Benin Recreational Boat Market Revenues & Volume, By Up To 100 Kw, 2021-2031F |
6.5.3 Benin Recreational Boat Market Revenues & Volume, By 100-200 Kw, 2021-2031F |
6.5.4 Benin Recreational Boat Market Revenues & Volume, By Above 200 Kw, 2021-2031F |
6.6 Benin Recreational Boat Market, By Material Type |
6.6.1 Overview and Analysis |
6.6.2 Benin Recreational Boat Market Revenues & Volume, By Aluminum, 2021-2031F |
6.6.3 Benin Recreational Boat Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.6.4 Benin Recreational Boat Market Revenues & Volume, By Steel, 2021-2031F |
6.6.5 Benin Recreational Boat Market Revenues & Volume, By Others, 2021-2031F |
6.7 Benin Recreational Boat Market, By Activity Type |
6.7.1 Overview and Analysis |
6.7.2 Benin Recreational Boat Market Revenues & Volume, By Cruising+watersports, 2021-2031F |
6.7.3 Benin Recreational Boat Market Revenues & Volume, By Fishing, 2021-2031F |
6.8 Benin Recreational Boat Market, By Power Source |
6.8.1 Overview and Analysis |
6.8.2 Benin Recreational Boat Market Revenues & Volume, By Engine Powered, 2021-2031F |
6.8.3 Benin Recreational Boat Market Revenues & Volume, By Sail Powered, 2021-2031F |
6.8.4 Benin Recreational Boat Market Revenues & Volume, By , 2021-2031F |
7 Benin Recreational Boat Market Import-Export Trade Statistics |
7.1 Benin Recreational Boat Market Export to Major Countries |
7.2 Benin Recreational Boat Market Imports from Major Countries |
8 Benin Recreational Boat Market Key Performance Indicators |
8.1 Number of new boat registrations in Benin |
8.2 Average age of boats in operation in Benin |
8.3 Frequency of boat usage among Benin residents |
9 Benin Recreational Boat Market - Opportunity Assessment |
9.1 Benin Recreational Boat Market Opportunity Assessment, By Boat Type, 2021 & 2031F |
9.2 Benin Recreational Boat Market Opportunity Assessment, By Boat Size, 2021 & 2031F |
9.3 Benin Recreational Boat Market Opportunity Assessment, By Engine Placement, 2021 & 2031F |
9.4 Benin Recreational Boat Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
9.5 Benin Recreational Boat Market Opportunity Assessment, By Power Range, 2021 & 2031F |
9.6 Benin Recreational Boat Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.7 Benin Recreational Boat Market Opportunity Assessment, By Activity Type, 2021 & 2031F |
9.7 Benin Recreational Boat Market Opportunity Assessment, By Power Source, 2021 & 2031F |
10 Benin Recreational Boat Market - Competitive Landscape |
10.1 Benin Recreational Boat Market Revenue Share, By Companies, 2024 |
10.2 Benin Recreational Boat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |