| Product Code: ETC5681357 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Canada boat market experienced a significant increase in imports from 2020 to 2024. The compound annual growth rate (CAGR) for this period was 46.22%. Notably, the year-on-year growth rate spiked to 657.05% in 2024, indicating a substantial rise in imported boats during that year.

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 Canada Boat Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Boat Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Boat Market - Industry Life Cycle |
3.4 Canada Boat Market - Porter's Five Forces |
3.5 Canada Boat Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Canada Boat Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Canada Boat Market Revenues & Volume Share, By Power, 2022 & 2032F |
4 Canada Boat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of Canadians |
4.2.2 Growing interest in outdoor recreational activities |
4.2.3 Technological advancements in boat design and manufacturing |
4.3 Market Restraints |
4.3.1 Fluctuations in fuel prices |
4.3.2 Stringent regulations related to boating and environmental protection |
5 Canada Boat Market Trends |
6 Canada Boat Market Segmentations |
6.1 Canada Boat Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Boat Market Revenues & Volume, By Outboard, 2022-2032F |
6.1.3 Canada Boat Market Revenues & Volume, By Inboard, 2022-2032F |
6.1.4 Canada Boat Market Revenues & Volume, By PWC, 2022-2032F |
6.1.5 Canada Boat Market Revenues & Volume, By Others, 2022-2032F |
6.2 Canada Boat Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Canada Boat Market Revenues & Volume, By Fishing, 2022-2032F |
6.2.3 Canada Boat Market Revenues & Volume, By Watersports, 2022-2032F |
6.2.4 Canada Boat Market Revenues & Volume, By Sailing, 2022-2032F |
6.2.5 Canada Boat Market Revenues & Volume, By Others, 2022-2032F |
6.3 Canada Boat Market, By Power |
6.3.1 Overview and Analysis |
6.3.2 Canada Boat Market Revenues & Volume, By Engine-Powered Boats, 2022-2032F |
6.3.3 Canada Boat Market Revenues & Volume, By Sail-Propelled Boats, 2022-2032F |
7 Canada Boat Market Import-Export Trade Statistics |
7.1 Canada Boat Market Export to Major Countries |
7.2 Canada Boat Market Imports from Major Countries |
8 Canada Boat Market Key Performance Indicators |
8.1 Number of boat registrations in Canada |
8.2 Average age of boats in use |
8.3 Adoption rate of eco-friendly boating technologies |
9 Canada Boat Market - Opportunity Assessment |
9.1 Canada Boat Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Canada Boat Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Canada Boat Market Opportunity Assessment, By Power, 2022 & 2032F |
10 Canada Boat Market - Competitive Landscape |
10.1 Canada Boat Market Revenue Share, By Companies, 2025 |
10.2 Canada Boat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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