Product Code: ETC5063853 | 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 |
Bulgaria Recreational Boat market currently, in 2023, has witnessed an HHI of 1516, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Recreational Boat Market in Bulgaria covers boats used for leisure activities such as sailing, fishing, and water sports. The market is driven by increasing disposable incomes, a growing interest in outdoor recreation, and the expansion of marina infrastructure. The rise in tourism and domestic travel also contributes to market growth. However, challenges include the high cost of boats, maintenance expenses, and seasonal demand fluctuations.
The Bulgaria Recreational Boat Market is driven by the growing interest in leisure boating and water-based activities. Increasing disposable incomes, rising tourism, and a culture that values outdoor recreation contribute to the market`s expansion. Additionally, advancements in boat technology and design enhance the appeal of recreational boating, attracting more consumers to the market.
In the Bulgaria Recreational Boat Market, challenges include high production and maintenance costs, which can limit market accessibility for consumers. The market is also affected by fluctuating economic conditions, which impact discretionary spending on luxury items like recreational boats. Additionally, regulatory requirements related to safety and environmental standards impose additional costs on manufacturers. The industry also faces competition from other recreational activities and transportation modes, which can divert consumer interest.
Bulgaria`s recreational boat market is governed by policies that address safety, environmental impact, and tourism development. Regulations include standards for boat safety equipment and emissions controls to protect marine environments. The government also provides incentives for the development of local boat manufacturing and promotes tourism-related activities involving recreational 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 Bulgaria Recreational Boat Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Recreational Boat Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Recreational Boat Market - Industry Life Cycle |
3.4 Bulgaria Recreational Boat Market - Porter's Five Forces |
3.5 Bulgaria Recreational Boat Market Revenues & Volume Share, By Boat Type, 2021 & 2031F |
3.6 Bulgaria Recreational Boat Market Revenues & Volume Share, By Boat Size, 2021 & 2031F |
3.7 Bulgaria Recreational Boat Market Revenues & Volume Share, By Engine Placement, 2021 & 2031F |
3.8 Bulgaria Recreational Boat Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
3.9 Bulgaria Recreational Boat Market Revenues & Volume Share, By Power Range, 2021 & 2031F |
3.10 Bulgaria Recreational Boat Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.11 Bulgaria Recreational Boat Market Revenues & Volume Share, By Activity Type, 2021 & 2031F |
4 Bulgaria Recreational Boat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers |
4.2.2 Growing interest in recreational water activities |
4.2.3 Tourism development in coastal areas |
4.3 Market Restraints |
4.3.1 High cost of recreational boats |
4.3.2 Limited infrastructure for recreational boating |
4.3.3 Seasonal nature of recreational boating in Bulgaria |
5 Bulgaria Recreational Boat Market Trends |
6 Bulgaria Recreational Boat Market Segmentations |
6.1 Bulgaria Recreational Boat Market, By Boat Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Recreational Boat Market Revenues & Volume, By Yachts, 2021-2031F |
6.1.3 Bulgaria Recreational Boat Market Revenues & Volume, By Sailboats, 2021-2031F |
6.1.4 Bulgaria Recreational Boat Market Revenues & Volume, By Personal Watercrafts, 2021-2031F | 6.1.6 Bulgaria Recreational Boat Market Revenues & Volume, By Inflatables, 2021-2031F |
6.1.6 Bulgaria Recreational Boat Market Revenues & Volume, By Others, 2021-2031F |
6.2 Bulgaria Recreational Boat Market, By Boat Size |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Recreational Boat Market Revenues & Volume, By <30 Feet, 2021-2031F |
6.2.3 Bulgaria Recreational Boat Market Revenues & Volume, By 30-50 Feet, 2021-2031F |
6.2.4 Bulgaria Recreational Boat Market Revenues & Volume, By >50 Feet, 2021-2031F |
6.3 Bulgaria Recreational Boat Market, By Engine Placement |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Recreational Boat Market Revenues & Volume, By Outboards, 2021-2031F |
6.3.3 Bulgaria Recreational Boat Market Revenues & Volume, By Inboards, 2021-2031F |
6.3.4 Bulgaria Recreational Boat Market Revenues & Volume, By Others, 2021-2031F |
6.4 Bulgaria Recreational Boat Market, By Engine Type |
6.4.1 Overview and Analysis |
6.4.2 Bulgaria Recreational Boat Market Revenues & Volume, By Ice, 2021-2031F |
6.4.3 Bulgaria Recreational Boat Market Revenues & Volume, By Electric, 2021-2031F |
6.5 Bulgaria Recreational Boat Market, By Power Range |
6.5.1 Overview and Analysis |
6.5.2 Bulgaria Recreational Boat Market Revenues & Volume, By Up To 100 Kw, 2021-2031F |
6.5.3 Bulgaria Recreational Boat Market Revenues & Volume, By 100-200 Kw, 2021-2031F |
6.5.4 Bulgaria Recreational Boat Market Revenues & Volume, By Above 200 Kw, 2021-2031F |
6.6 Bulgaria Recreational Boat Market, By Material Type |
6.6.1 Overview and Analysis |
6.6.2 Bulgaria Recreational Boat Market Revenues & Volume, By Aluminum, 2021-2031F |
6.6.3 Bulgaria Recreational Boat Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.6.4 Bulgaria Recreational Boat Market Revenues & Volume, By Steel, 2021-2031F |
6.6.5 Bulgaria Recreational Boat Market Revenues & Volume, By Others, 2021-2031F |
6.7 Bulgaria Recreational Boat Market, By Activity Type |
6.7.1 Overview and Analysis |
6.7.2 Bulgaria Recreational Boat Market Revenues & Volume, By Cruising+watersports, 2021-2031F |
6.7.3 Bulgaria Recreational Boat Market Revenues & Volume, By Fishing, 2021-2031F |
6.8 Bulgaria Recreational Boat Market, By Power Source |
6.8.1 Overview and Analysis |
6.8.2 Bulgaria Recreational Boat Market Revenues & Volume, By Engine Powered, 2021-2031F |
6.8.3 Bulgaria Recreational Boat Market Revenues & Volume, By Sail Powered, 2021-2031F |
6.8.4 Bulgaria Recreational Boat Market Revenues & Volume, By , 2021-2031F |
7 Bulgaria Recreational Boat Market Import-Export Trade Statistics |
7.1 Bulgaria Recreational Boat Market Export to Major Countries |
7.2 Bulgaria Recreational Boat Market Imports from Major Countries |
8 Bulgaria Recreational Boat Market Key Performance Indicators |
8.1 Number of marinas and boat ramps constructed or renovated |
8.2 Growth in the number of recreational boating events and competitions |
8.3 Increase in the number of boat registrations |
8.4 Average length of recreational boating season in Bulgaria |
9 Bulgaria Recreational Boat Market - Opportunity Assessment |
9.1 Bulgaria Recreational Boat Market Opportunity Assessment, By Boat Type, 2021 & 2031F |
9.2 Bulgaria Recreational Boat Market Opportunity Assessment, By Boat Size, 2021 & 2031F |
9.3 Bulgaria Recreational Boat Market Opportunity Assessment, By Engine Placement, 2021 & 2031F |
9.4 Bulgaria Recreational Boat Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
9.5 Bulgaria Recreational Boat Market Opportunity Assessment, By Power Range, 2021 & 2031F |
9.6 Bulgaria Recreational Boat Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.7 Bulgaria Recreational Boat Market Opportunity Assessment, By Activity Type, 2021 & 2031F |
9.7 Bulgaria Recreational Boat Market Opportunity Assessment, By Power Source, 2021 & 2031F |
10 Bulgaria Recreational Boat Market - Competitive Landscape |
10.1 Bulgaria Recreational Boat Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Recreational Boat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |