Product Code: ETC5063872 | Publication Date: Nov 2023 | Updated Date: Apr 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 Equatorial Guinea is supported by the countrys coastal resources and marine attractions, appealing to the tourism and leisure sectors. As the government works to promote tourism and develop coastal facilities, demand for recreational boats may increase. Investments in port and tourism infrastructure are expected to drive growth in this market.
The recreational boat market in Equatorial Guinea is growing, fueled by the countrys beautiful coastal areas and rising interest in tourism and water-based leisure activities. The governments support for the tourism sector and investment in coastal infrastructure are encouraging more people to engage in recreational boating activities like yachting and sport fishing. This market is also driven by rising disposable incomes and the appeal of marine-based tourism, leading to increased purchases of recreational boats by both private buyers and tourism operators.
In Equatorial Guinea, the recreational boat market faces numerous challenges, primarily due to the high cost of boats and related equipment, driven by high import taxes and limited local manufacturing capacity. The lack of a developed marina infrastructure and docking facilities limits the ability of consumers to use and maintain recreational boats effectively. Furthermore, the countrys limited promotion of recreational boating as a leisure activity results in low consumer awareness and demand. The high maintenance costs and shortage of skilled technicians to repair boats also create barriers to market growth.
The recreational boat market in Equatorial Guinea is positively impacted by government policies aimed at expanding the tourism sector, especially given the country`s coastline and interest in marine activities. Government investments in tourism infrastructure, such as the development of ports and recreational facilities, encourage the growth of the recreational boat industry. Tax incentives and investment promotions for tourism development further stimulate interest in marine recreation.
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 Equatorial Guinea Recreational Boat Market Overview |
3.1 Equatorial Guinea Country Macro Economic Indicators |
3.2 Equatorial Guinea Recreational Boat Market Revenues & Volume, 2021 & 2031F |
3.3 Equatorial Guinea Recreational Boat Market - Industry Life Cycle |
3.4 Equatorial Guinea Recreational Boat Market - Porter's Five Forces |
3.5 Equatorial Guinea Recreational Boat Market Revenues & Volume Share, By Boat Type, 2021 & 2031F |
3.6 Equatorial Guinea Recreational Boat Market Revenues & Volume Share, By Boat Size, 2021 & 2031F |
3.7 Equatorial Guinea Recreational Boat Market Revenues & Volume Share, By Engine Placement, 2021 & 2031F |
3.8 Equatorial Guinea Recreational Boat Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
3.9 Equatorial Guinea Recreational Boat Market Revenues & Volume Share, By Power Range, 2021 & 2031F |
3.10 Equatorial Guinea Recreational Boat Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.11 Equatorial Guinea Recreational Boat Market Revenues & Volume Share, By Activity Type, 2021 & 2031F |
4 Equatorial Guinea Recreational Boat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Equatorial Guinea Recreational Boat Market Trends |
6 Equatorial Guinea Recreational Boat Market Segmentations |
6.1 Equatorial Guinea Recreational Boat Market, By Boat Type |
6.1.1 Overview and Analysis |
6.1.2 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Yachts, 2021-2031F |
6.1.3 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Sailboats, 2021-2031F |
6.1.4 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Personal Watercrafts, 2021-2031F | 6.1.6 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Inflatables, 2021-2031F |
6.1.6 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Others, 2021-2031F |
6.2 Equatorial Guinea Recreational Boat Market, By Boat Size |
6.2.1 Overview and Analysis |
6.2.2 Equatorial Guinea Recreational Boat Market Revenues & Volume, By <30 Feet, 2021-2031F |
6.2.3 Equatorial Guinea Recreational Boat Market Revenues & Volume, By 30-50 Feet, 2021-2031F |
6.2.4 Equatorial Guinea Recreational Boat Market Revenues & Volume, By >50 Feet, 2021-2031F |
6.3 Equatorial Guinea Recreational Boat Market, By Engine Placement |
6.3.1 Overview and Analysis |
6.3.2 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Outboards, 2021-2031F |
6.3.3 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Inboards, 2021-2031F |
6.3.4 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Others, 2021-2031F |
6.4 Equatorial Guinea Recreational Boat Market, By Engine Type |
6.4.1 Overview and Analysis |
6.4.2 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Ice, 2021-2031F |
6.4.3 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Electric, 2021-2031F |
6.5 Equatorial Guinea Recreational Boat Market, By Power Range |
6.5.1 Overview and Analysis |
6.5.2 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Up To 100 Kw, 2021-2031F |
6.5.3 Equatorial Guinea Recreational Boat Market Revenues & Volume, By 100-200 Kw, 2021-2031F |
6.5.4 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Above 200 Kw, 2021-2031F |
6.6 Equatorial Guinea Recreational Boat Market, By Material Type |
6.6.1 Overview and Analysis |
6.6.2 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Aluminum, 2021-2031F |
6.6.3 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.6.4 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Steel, 2021-2031F |
6.6.5 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Others, 2021-2031F |
6.7 Equatorial Guinea Recreational Boat Market, By Activity Type |
6.7.1 Overview and Analysis |
6.7.2 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Cruising+watersports, 2021-2031F |
6.7.3 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Fishing, 2021-2031F |
6.8 Equatorial Guinea Recreational Boat Market, By Power Source |
6.8.1 Overview and Analysis |
6.8.2 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Engine Powered, 2021-2031F |
6.8.3 Equatorial Guinea Recreational Boat Market Revenues & Volume, By Sail Powered, 2021-2031F |
6.8.4 Equatorial Guinea Recreational Boat Market Revenues & Volume, By , 2021-2031F |
7 Equatorial Guinea Recreational Boat Market Import-Export Trade Statistics |
7.1 Equatorial Guinea Recreational Boat Market Export to Major Countries |
7.2 Equatorial Guinea Recreational Boat Market Imports from Major Countries |
8 Equatorial Guinea Recreational Boat Market Key Performance Indicators |
9 Equatorial Guinea Recreational Boat Market - Opportunity Assessment |
9.1 Equatorial Guinea Recreational Boat Market Opportunity Assessment, By Boat Type, 2021 & 2031F |
9.2 Equatorial Guinea Recreational Boat Market Opportunity Assessment, By Boat Size, 2021 & 2031F |
9.3 Equatorial Guinea Recreational Boat Market Opportunity Assessment, By Engine Placement, 2021 & 2031F |
9.4 Equatorial Guinea Recreational Boat Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
9.5 Equatorial Guinea Recreational Boat Market Opportunity Assessment, By Power Range, 2021 & 2031F |
9.6 Equatorial Guinea Recreational Boat Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.7 Equatorial Guinea Recreational Boat Market Opportunity Assessment, By Activity Type, 2021 & 2031F |
9.7 Equatorial Guinea Recreational Boat Market Opportunity Assessment, By Power Source, 2021 & 2031F |
10 Equatorial Guinea Recreational Boat Market - Competitive Landscape |
10.1 Equatorial Guinea Recreational Boat Market Revenue Share, By Companies, 2024 |
10.2 Equatorial Guinea Recreational Boat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |