Product Code: ETC5063848 | Publication Date: Nov 2023 | Updated Date: Sep 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 recreational boat market in Bhutan is expanding as boating becomes a popular leisure activity. The market includes various types of boats, such as sailboats, motorboats, and personal watercraft. The growth is driven by the increasing interest in outdoor recreational activities, the availability of water bodies suitable for boating, and government support for tourism and recreational infrastructure. Innovations in boat design and technology also contribute to market growth.
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The recreational boat market in Bhutan is influenced by the increasing interest in leisure and water-based activities. Recreational boats are used for various activities, including fishing, sailing, and water sports. The growth of the tourism and leisure industries, along with rising disposable incomes and changing lifestyle preferences, supports market demand. Additionally, advancements in boat manufacturing technologies and the introduction of innovative and eco-friendly boats contribute to market growth.
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The recreational boat market in Bhutan faces challenges such as high production and maintenance costs, regulatory constraints, and limited availability of high-quality raw materials. Additionally, there is a need for continuous innovation to enhance the performance and safety of recreational boats, affecting market growth.
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The Bhutanese government has been encouraging the development of the recreational boating industry to promote tourism and leisure activities. Policies include providing financial incentives for the production and adoption of recreational boats and ensuring that regulatory frameworks maintain high standards of safety and environmental protection. The government invests in research and development to innovate new boat designs and improve manufacturing techniques. Public awareness campaigns highlight the benefits of recreational boating in promoting tourism and enhancing leisure experiences.
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 Bhutan Recreational Boat Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan Recreational Boat Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan Recreational Boat Market - Industry Life Cycle |
3.4 Bhutan Recreational Boat Market - Porter's Five Forces |
3.5 Bhutan Recreational Boat Market Revenues & Volume Share, By Boat Type, 2021 & 2031F |
3.6 Bhutan Recreational Boat Market Revenues & Volume Share, By Boat Size, 2021 & 2031F |
3.7 Bhutan Recreational Boat Market Revenues & Volume Share, By Engine Placement, 2021 & 2031F |
3.8 Bhutan Recreational Boat Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
3.9 Bhutan Recreational Boat Market Revenues & Volume Share, By Power Range, 2021 & 2031F |
3.10 Bhutan Recreational Boat Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.11 Bhutan Recreational Boat Market Revenues & Volume Share, By Activity Type, 2021 & 2031F |
4 Bhutan Recreational Boat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of Bhutanese population |
4.2.2 Growing tourism industry and interest in water-based activities |
4.2.3 Government initiatives to promote recreational boating |
4.3 Market Restraints |
4.3.1 Limited infrastructure for recreational boating in Bhutan |
4.3.2 High import duties and taxes on recreational boats |
4.3.3 Seasonal weather conditions impacting boating activities |
5 Bhutan Recreational Boat Market Trends |
6 Bhutan Recreational Boat Market Segmentations |
6.1 Bhutan Recreational Boat Market, By Boat Type |
6.1.1 Overview and Analysis |
6.1.2 Bhutan Recreational Boat Market Revenues & Volume, By Yachts, 2021-2031F |
6.1.3 Bhutan Recreational Boat Market Revenues & Volume, By Sailboats, 2021-2031F |
6.1.4 Bhutan Recreational Boat Market Revenues & Volume, By Personal Watercrafts, 2021-2031F | 6.1.6 Bhutan Recreational Boat Market Revenues & Volume, By Inflatables, 2021-2031F |
6.1.6 Bhutan Recreational Boat Market Revenues & Volume, By Others, 2021-2031F |
6.2 Bhutan Recreational Boat Market, By Boat Size |
6.2.1 Overview and Analysis |
6.2.2 Bhutan Recreational Boat Market Revenues & Volume, By <30 Feet, 2021-2031F |
6.2.3 Bhutan Recreational Boat Market Revenues & Volume, By 30-50 Feet, 2021-2031F |
6.2.4 Bhutan Recreational Boat Market Revenues & Volume, By >50 Feet, 2021-2031F |
6.3 Bhutan Recreational Boat Market, By Engine Placement |
6.3.1 Overview and Analysis |
6.3.2 Bhutan Recreational Boat Market Revenues & Volume, By Outboards, 2021-2031F |
6.3.3 Bhutan Recreational Boat Market Revenues & Volume, By Inboards, 2021-2031F |
6.3.4 Bhutan Recreational Boat Market Revenues & Volume, By Others, 2021-2031F |
6.4 Bhutan Recreational Boat Market, By Engine Type |
6.4.1 Overview and Analysis |
6.4.2 Bhutan Recreational Boat Market Revenues & Volume, By Ice, 2021-2031F |
6.4.3 Bhutan Recreational Boat Market Revenues & Volume, By Electric, 2021-2031F |
6.5 Bhutan Recreational Boat Market, By Power Range |
6.5.1 Overview and Analysis |
6.5.2 Bhutan Recreational Boat Market Revenues & Volume, By Up To 100 Kw, 2021-2031F |
6.5.3 Bhutan Recreational Boat Market Revenues & Volume, By 100-200 Kw, 2021-2031F |
6.5.4 Bhutan Recreational Boat Market Revenues & Volume, By Above 200 Kw, 2021-2031F |
6.6 Bhutan Recreational Boat Market, By Material Type |
6.6.1 Overview and Analysis |
6.6.2 Bhutan Recreational Boat Market Revenues & Volume, By Aluminum, 2021-2031F |
6.6.3 Bhutan Recreational Boat Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.6.4 Bhutan Recreational Boat Market Revenues & Volume, By Steel, 2021-2031F |
6.6.5 Bhutan Recreational Boat Market Revenues & Volume, By Others, 2021-2031F |
6.7 Bhutan Recreational Boat Market, By Activity Type |
6.7.1 Overview and Analysis |
6.7.2 Bhutan Recreational Boat Market Revenues & Volume, By Cruising+watersports, 2021-2031F |
6.7.3 Bhutan Recreational Boat Market Revenues & Volume, By Fishing, 2021-2031F |
6.8 Bhutan Recreational Boat Market, By Power Source |
6.8.1 Overview and Analysis |
6.8.2 Bhutan Recreational Boat Market Revenues & Volume, By Engine Powered, 2021-2031F |
6.8.3 Bhutan Recreational Boat Market Revenues & Volume, By Sail Powered, 2021-2031F |
6.8.4 Bhutan Recreational Boat Market Revenues & Volume, By , 2021-2031F |
7 Bhutan Recreational Boat Market Import-Export Trade Statistics |
7.1 Bhutan Recreational Boat Market Export to Major Countries |
7.2 Bhutan Recreational Boat Market Imports from Major Countries |
8 Bhutan Recreational Boat Market Key Performance Indicators |
8.1 Number of boating licenses issued in Bhutan |
8.2 Percentage of GDP spent on recreational boating infrastructure development |
8.3 Average number of boating events or competitions held annually in Bhutan |
9 Bhutan Recreational Boat Market - Opportunity Assessment |
9.1 Bhutan Recreational Boat Market Opportunity Assessment, By Boat Type, 2021 & 2031F |
9.2 Bhutan Recreational Boat Market Opportunity Assessment, By Boat Size, 2021 & 2031F |
9.3 Bhutan Recreational Boat Market Opportunity Assessment, By Engine Placement, 2021 & 2031F |
9.4 Bhutan Recreational Boat Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
9.5 Bhutan Recreational Boat Market Opportunity Assessment, By Power Range, 2021 & 2031F |
9.6 Bhutan Recreational Boat Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.7 Bhutan Recreational Boat Market Opportunity Assessment, By Activity Type, 2021 & 2031F |
9.7 Bhutan Recreational Boat Market Opportunity Assessment, By Power Source, 2021 & 2031F |
10 Bhutan Recreational Boat Market - Competitive Landscape |
10.1 Bhutan Recreational Boat Market Revenue Share, By Companies, 2024 |
10.2 Bhutan Recreational Boat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |