Product Code: ETC049340 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The United Arab Emirates (UAE) boat market has been experiencing significant growth from 2025 to 2031. Boats, including yachts, pleasure boats, and fishing vessels, are in high demand in the UAE due to the country`s coastal location and a growing interest in marine leisure activities. The market`s expansion can be attributed to the UAE thriving tourism industry, increasing disposable income, and a strong affinity for marine recreation and water sports.
Several factors have driven the growth of the boat market in the UAE. Firstly, with the UAE picturesque coastline and numerous water bodies, there is a robust demand for boats for leisure activities, such as yachting, cruising, and fishing. Secondly, the UAE government`s efforts to promote marine tourism and establish world-class marinas and waterfront developments have attracted boat enthusiasts and tourists from around the world. Additionally, the UAE affluent population and high disposable income levels have contributed to the rising interest in luxury yachts and high-end pleasure boats.
Despite its growth, the UAE boat market faces certain challenges. One of the key challenges is the impact of economic fluctuations and geopolitical events on consumer confidence and spending behavior. The luxury boat segment, in particular, can be susceptible to changes in the economic climate. Additionally, regulations and restrictions related to marine activities and boat ownership can affect the market`s growth. Ensuring compliance with safety and environmental standards is essential for the sustainable development of the boat market.
The outbreak of the Covid-19 pandemic in 2025 had a notable impact on the UAE boat market. With travel restrictions and lockdown measures in place, there were temporary disruptions in the tourism and leisure industries, including boat rentals and charters. However, as restrictions eased and domestic tourism gained momentum, there was a surge in demand for private boat ownership and yacht charters among UAE residents. The pandemic also led to increased interest in outdoor and water-based recreational activities, driving boat sales and rentals.
Gulf Craft Inc., Princess Yachts, Azimut Yachts, Sunseeker International and Ferretti Group.
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 United Arab Emirates (UAE) Boat Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Boat Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Boat Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Boat Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Boat Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Boat Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Boat Market Revenues & Volume Share, By Power, 2021 & 2031F |
4 United Arab Emirates (UAE) Boat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Boat Market Trends |
6 United Arab Emirates (UAE) Boat Market, By Types |
6.1 United Arab Emirates (UAE) Boat Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Boat Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Boat Market Revenues & Volume, By Outboard, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Boat Market Revenues & Volume, By Inboard, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Boat Market Revenues & Volume, By PWC, 2021-2031F |
6.1.6 United Arab Emirates (UAE) Boat Market Revenues & Volume, By Others, 2021-2031F |
6.2 United Arab Emirates (UAE) Boat Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Boat Market Revenues & Volume, By Fishing, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Boat Market Revenues & Volume, By Watersports, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Boat Market Revenues & Volume, By Sailing, 2021-2031F |
6.2.5 United Arab Emirates (UAE) Boat Market Revenues & Volume, By Others, 2021-2031F |
6.3 United Arab Emirates (UAE) Boat Market, By Power |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Boat Market Revenues & Volume, By Engine-Powered Boats, 2021-2031F |
6.3.3 United Arab Emirates (UAE) Boat Market Revenues & Volume, By Sail-Propelled Boats, 2021-2031F |
7 United Arab Emirates (UAE) Boat Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Boat Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Boat Market Imports from Major Countries |
8 United Arab Emirates (UAE) Boat Market Key Performance Indicators |
9 United Arab Emirates (UAE) Boat Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Boat Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Boat Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Boat Market Opportunity Assessment, By Power, 2021 & 2031F |
10 United Arab Emirates (UAE) Boat Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Boat Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Boat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |