Product Code: ETC049324 | Publication Date: Jun 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India boat market is expected to grow significantly during the forecast period of 2025-2031, due to increasing disposable income and rising leisure activities such as fishing and sailing. Boating has become a popular recreational activity in India over the years, owing to its vast coastline. Growing tourism industry is also playing an important role in boosting the demand for boats in India. To meet this growing demand, domestic manufacturers are coming up with newer models of boats that feature advanced technologies like GPS systems and enhanced safety features at competitive prices.
Increasing disposable incomes & rising leisure activities such as fishing & sailing, Growing tourism industry in India, Development of infrastructure facilities which will boost marina development along coasts of India, and Growing awareness about water sports among people due to government initiatives and marketing campaigns
High cost of ownership & maintenance costs associated with owning a boat. Lack of knowledge relating to rules & regulations governing boat safety . Limited availability of skilled labor for manufacturing boats locally
Some key players operating in the Indian Boat Market include L&T Shipbuilding Ltd., Alcock Ashdown (Gujarat) Ltd., Cochin Shipyard Ltd., Kirloskar Brothers Ltd., ABG Shipyard Ltd., Great Eastern Shipping Company Ltd., Goa Shipyard Limited, etc.
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 India Boat Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Boat Market Revenues & Volume, 2021 & 2031F |
3.3 India Boat Market - Industry Life Cycle |
3.4 India Boat Market - Porter's Five Forces |
3.5 India Boat Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Boat Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Boat Market Revenues & Volume Share, By Power, 2021 & 2031F |
4 India Boat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of the Indian population |
4.2.2 Growing interest in recreational water activities |
4.2.3 Government initiatives promoting tourism and water sports in India |
4.3 Market Restraints |
4.3.1 High initial cost of purchasing boats |
4.3.2 Limited infrastructure for boating and water sports in certain regions of India |
4.3.3 Seasonal nature of boating activities in some parts of the country |
5 India Boat Market Trends |
6 India Boat Market, By Types |
6.1 India Boat Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Boat Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Boat Market Revenues & Volume, By Outboard, 2021-2031F |
6.1.4 India Boat Market Revenues & Volume, By Inboard, 2021-2031F |
6.1.5 India Boat Market Revenues & Volume, By PWC, 2021-2031F |
6.1.6 India Boat Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Boat Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Boat Market Revenues & Volume, By Fishing, 2021-2031F |
6.2.3 India Boat Market Revenues & Volume, By Watersports, 2021-2031F |
6.2.4 India Boat Market Revenues & Volume, By Sailing, 2021-2031F |
6.2.5 India Boat Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Boat Market, By Power |
6.3.1 Overview and Analysis |
6.3.2 India Boat Market Revenues & Volume, By Engine-Powered Boats, 2021-2031F |
6.3.3 India Boat Market Revenues & Volume, By Sail-Propelled Boats, 2021-2031F |
7 India Boat Market Import-Export Trade Statistics |
7.1 India Boat Market Export to Major Countries |
7.2 India Boat Market Imports from Major Countries |
8 India Boat Market Key Performance Indicators |
8.1 Number of marinas and boating facilities developed in India |
8.2 Growth in the number of boat rental services in key tourist destinations |
8.3 Increase in the number of boating events and competitions held in India |
9 India Boat Market - Opportunity Assessment |
9.1 India Boat Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Boat Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Boat Market Opportunity Assessment, By Power, 2021 & 2031F |
10 India Boat Market - Competitive Landscape |
10.1 India Boat Market Revenue Share, By Companies, 2024 |
10.2 India Boat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |