United Arab Emirates (UAE) Boat Market (2024-2030) | Forecast, Companies, Analysis, Revenue, Share, Size, Outlook, Trends, Industry, Value, COVID-19 IMPACT & Growth

Market Forecast By Type (Outboard, Inboard, PWC, Others), By Application (Fishing, Watersports, Sailing, Others), By Power (Engine-Powered Boats, Sail-Propelled Boats) And Competitive Landscape
Product Code: ETC049340 Publication Date: Aug 2023 Updated Date: Jan 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

United Arab Emirates (UAE) Boat Market Synopsis

The United Arab Emirates (UAE) boat market has been experiencing significant growth from 2020 to 2026. 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.

Drivers of the Market

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.

Challenges of the Market

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.

Covid-19 Impact on the Market

The outbreak of the Covid-19 pandemic in 2020 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.

Key Players of the Market

Gulf Craft Inc., Princess Yachts, Azimut Yachts, Sunseeker International and Ferretti Group.

Key Highlights of the Report:

  • United Arab Emirates (UAE) Boat Market Outlook
  • Market Size of United Arab Emirates (UAE) Boat Market, 2023
  • Forecast of United Arab Emirates (UAE) Boat Market, 2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Boat Revenues & Volume for the Period 2020-2030
  • United Arab Emirates (UAE) Boat Market Trend Evolution
  • United Arab Emirates (UAE) Boat Market Drivers and Challenges
  • United Arab Emirates (UAE) Boat Price Trends
  • United Arab Emirates (UAE) Boat Porter's Five Forces
  • United Arab Emirates (UAE) Boat Industry Life Cycle
  • Historical Data and Forecast of United Arab Emirates (UAE) Boat Market Revenues & Volume By Type for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Boat Market Revenues & Volume By Outboard for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Boat Market Revenues & Volume By Inboard for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Boat Market Revenues & Volume By PWC for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Boat Market Revenues & Volume By Others for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Boat Market Revenues & Volume By Application for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Boat Market Revenues & Volume By Fishing for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Boat Market Revenues & Volume By Watersports for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Boat Market Revenues & Volume By Sailing for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Boat Market Revenues & Volume By Others for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Boat Market Revenues & Volume By Power for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Boat Market Revenues & Volume By Engine-Powered Boats for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Boat Market Revenues & Volume By Sail-Propelled Boats for the Period 2020-2030
  • United Arab Emirates (UAE) Boat Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Power
  • United Arab Emirates (UAE) Boat Top Companies Market Share
  • United Arab Emirates (UAE) Boat Competitive Benchmarking By Technical and Operational Parameters
  • United Arab Emirates (UAE) Boat Company Profiles
  • United Arab Emirates (UAE) Boat Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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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, 2020 & 2030F

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, 2020 & 2030F

3.6 United Arab Emirates (UAE) Boat Market Revenues & Volume Share, By Application, 2020 & 2030F

3.7 United Arab Emirates (UAE) Boat Market Revenues & Volume Share, By Power, 2020 & 2030F

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, 2020-2030F

6.1.3 United Arab Emirates (UAE) Boat Market Revenues & Volume, By Outboard, 2020-2030F

6.1.4 United Arab Emirates (UAE) Boat Market Revenues & Volume, By Inboard, 2020-2030F

6.1.5 United Arab Emirates (UAE) Boat Market Revenues & Volume, By PWC, 2020-2030F

6.1.6 United Arab Emirates (UAE) Boat Market Revenues & Volume, By Others, 2020-2030F

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, 2020-2030F

6.2.3 United Arab Emirates (UAE) Boat Market Revenues & Volume, By Watersports, 2020-2030F

6.2.4 United Arab Emirates (UAE) Boat Market Revenues & Volume, By Sailing, 2020-2030F

6.2.5 United Arab Emirates (UAE) Boat Market Revenues & Volume, By Others, 2020-2030F

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, 2020-2030F

6.3.3 United Arab Emirates (UAE) Boat Market Revenues & Volume, By Sail-Propelled Boats, 2020-2030F

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, 2020 & 2030F

9.2 United Arab Emirates (UAE) Boat Market Opportunity Assessment, By Application, 2020 & 2030F

9.3 United Arab Emirates (UAE) Boat Market Opportunity Assessment, By Power, 2020 & 2030F

10 United Arab Emirates (UAE) Boat Market - Competitive Landscape

10.1 United Arab Emirates (UAE) Boat Market Revenue Share, By Companies, 2023

10.2 United Arab Emirates (UAE) Boat Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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