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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Asia Pacific Luxury Yacht Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The Asia Pacific luxury yacht market is currently witnessing strong growth. A luxury yacht is a crewed sailing vehicle used for recreational activities and sports. It is made with a wide range of materials, including steel, aluminum, fiberglass, wood treated with epoxy resin and carbon fiber. It is generally chartered or rented by private entities seeking luxury, comfort and sophistication. A luxury yacht is operated through wind sailing or by propulsion systems like internal combustion engines (ICE) and gas turbines. In the Asia Pacific region, the demand for luxury yachts has escalated over the years. These state-of-the-art yachts meet specific criteria and offer spacious cabins, well-equipped galleys, dining rooms and staterooms, which are usually equipped with sound and media systems.

The Asia Pacific luxury yacht market is primarily driven by the rising disposable incomes and improving living standards of individuals. The growing demand for marine recreational activities in various countries like Singapore, Thailand, China, and Australia, is creating a significant impact on the market. Moreover, the availability of improved maritime security systems, connectivity, and tracking and rising internet penetration is further escalating the demand for luxury yachts. On account of these factors, the market is expected to continue its strong growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific luxury yacht market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, type, size, material and application.

Breakup by Type:

  • Sailing Luxury Yacht
  • Motorized Luxury Yacht
  • Others
     

Breakup by Size:

  • 75-120 Feet
  • 121-250 Feet
  • Above 250 Feet
     

Breakup by Material:

  • FRP/ Composites
  • Metal/ Alloys
  • Others
     

Breakup by Application:

  • Commercial
  • Private
     

Breakup by Country:

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

  • How has the Asia Pacific luxury yacht market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Asia Pacific luxury yacht market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the size?
  • What is the breakup of the market based on the material?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the Asia Pacific luxury yacht market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Asia Pacific Luxury Yacht Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Sailing Luxury Yacht
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Motorized Luxury Yacht
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Others
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Size
    7.1    75-120 Feet
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    121-250 Feet
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Above 250 Feet
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Material
    8.1    FRP/ Composites
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Metal/ Alloys
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Application
    9.1    Commercial
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Private
        9.2.1 Market Trends
        9.2.2 Market Forecast
10    Market Breakup by Country
    10.1    China
        10.1.1 Market Trends
        10.1.2 Market Breakup by Type
        10.1.3 Market Breakup by Size
        10.1.4 Market Breakup by Material
        10.1.5 Market Breakup by Application
        10.1.6 Market Forecast
    10.2    Japan
        10.2.1 Market Trends
        10.2.2 Market Breakup by Type
        10.2.3 Market Breakup by Size
        10.2.4 Market Breakup by Material
        10.2.5 Market Breakup by Application
        10.2.6 Market Forecast
    10.3    India
        10.3.1 Market Trends
        10.3.2 Market Breakup by Type
        10.3.3 Market Breakup by Size
        10.3.4 Market Breakup by Material
        10.3.5 Market Breakup by Application
        10.3.6 Market Forecast
    10.4    South Korea
        10.4.1 Market Trends
        10.4.2 Market Breakup by Type
        10.4.3 Market Breakup by Size
        10.4.4 Market Breakup by Material
        10.4.5 Market Breakup by Application
        10.4.6 Market Forecast
    10.5    Australia
        10.5.1 Market Trends
        10.5.2 Market Breakup by Type
        10.5.3 Market Breakup by Size
        10.5.4 Market Breakup by Material
        10.5.5 Market Breakup by Application
        10.5.6 Market Forecast
    10.6    Indonesia
        10.6.1 Market Trends
        10.6.2 Market Breakup by Type
        10.6.3 Market Breakup by Size
        10.6.4 Market Breakup by Material
        10.6.5 Market Breakup by Application
        10.6.6 Market Forecast
    10.7    Others
        10.7.1 Market Trends
        10.7.2 Market Breakup by Type
        10.7.3 Market Breakup by Size
        10.7.4 Market Breakup by Material
        10.7.5 Market Breakup by Application
        10.7.6 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Policy and Regulatory Landscape
16    Competitive Landscape

    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players

List of Figures

Figure 1: Asia Pacific: Luxury Yacht Market: Major Drivers and Challenges
Figure 2: Asia Pacific: Luxury Yacht Market: Sales Value (in Million US$), 2015-2020
Figure 3: Asia Pacific: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Asia Pacific: Luxury Yacht Market: Breakup by Type (in %), 2020
Figure 5: Asia Pacific: Luxury Yacht Market: Breakup by Size (in %), 2020
Figure 6: Asia Pacific: Luxury Yacht Market: Breakup by Material (in %), 2020
Figure 7: Asia Pacific: Luxury Yacht Market: Breakup by Application (in %), 2020
Figure 8: Asia Pacific: Luxury Yacht Market: Breakup by Country (in %), 2020
Figure 9: Asia Pacific: Luxury Yacht (Sailing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Asia Pacific: Luxury Yacht (Sailing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Asia Pacific: Luxury Yacht (Motorized) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Asia Pacific: Luxury Yacht (Motorized) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Asia Pacific: Luxury Yacht (Other Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Asia Pacific: Luxury Yacht (Other Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Asia Pacific: Luxury Yacht (75-120 Feet) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Asia Pacific: Luxury Yacht (75-120 Feet) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Asia Pacific: Luxury Yacht (121-250 Feet) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Asia Pacific: Luxury Yacht (121-250 Feet) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Asia Pacific: Luxury Yacht (Above 250 Feet) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Asia Pacific: Luxury Yacht (Above 250 Feet) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Asia Pacific: Luxury Yacht (FRP/ Composites) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Asia Pacific: Luxury Yacht (FRP/ Composites) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Asia Pacific: Luxury Yacht (Metal/ Alloys) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Asia Pacific: Luxury Yacht (Metal/ Alloys) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Asia Pacific: Luxury Yacht (Other Materials) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Asia Pacific: Luxury Yacht (Other Materials) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Asia Pacific: Luxury Yacht (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Asia Pacific: Luxury Yacht (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Asia Pacific: Luxury Yacht (Private) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Asia Pacific: Luxury Yacht (Private) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: China: Luxury Yacht Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: China: Luxury Yacht Market: Breakup by Type (in %), 2020
Figure 33: China: Luxury Yacht Market: Breakup by Size (in %), 2020
Figure 34: China: Luxury Yacht Market: Breakup by Material (in %), 2020
Figure 35: China: Luxury Yacht Market: Breakup by Application (in %), 2020
Figure 36: China: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Japan: Luxury Yacht Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Japan: Luxury Yacht Market: Breakup by Type (in %), 2020
Figure 39: Japan: Luxury Yacht Market: Breakup by Size (in %), 2020
Figure 40: Japan: Luxury Yacht Market: Breakup by Material (in %), 2020
Figure 41: Japan: Luxury Yacht Market: Breakup by Application (in %), 2020
Figure 42: Japan: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: India: Luxury Yacht Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: India: Luxury Yacht Market: Breakup by Type (in %), 2020
Figure 45: India: Luxury Yacht Market: Breakup by Size (in %), 2020
Figure 46: India: Luxury Yacht Market: Breakup by Material (in %), 2020
Figure 47: India: Luxury Yacht Market: Breakup by Application (in %), 2020
Figure 48: India: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: South Korea: Luxury Yacht Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: South Korea: Luxury Yacht Market: Breakup by Type (in %), 2020
Figure 51: South Korea: Luxury Yacht Market: Breakup by Size (in %), 2020
Figure 52: South Korea: Luxury Yacht Market: Breakup by Material (in %), 2020
Figure 53: South Korea: Luxury Yacht Market: Breakup by Application (in %), 2020
Figure 54: South Korea: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Australia: Luxury Yacht Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Australia: Luxury Yacht Market: Breakup by Type (in %), 2020
Figure 57: Australia: Luxury Yacht Market: Breakup by Size (in %), 2020
Figure 58: Australia: Luxury Yacht Market: Breakup by Material (in %), 2020
Figure 59: Australia: Luxury Yacht Market: Breakup by Application (in %), 2020
Figure 60: Australia: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Indonesia: Luxury Yacht Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Indonesia: Luxury Yacht Market: Breakup by Type (in %), 2020
Figure 63: Indonesia: Luxury Yacht Market: Breakup by Size (in %), 2020
Figure 64: Indonesia: Luxury Yacht Market: Breakup by Material (in %), 2020
Figure 65: Indonesia: Luxury Yacht Market: Breakup by Application (in %), 2020
Figure 66: Indonesia: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Others: Luxury Yacht Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Others: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Asia Pacific: Luxury Yacht Industry: SWOT Analysis
Figure 70: Asia Pacific: Luxury Yacht Industry: Value Chain Analysis
Figure 71: Asia Pacific: Luxury Yacht Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Asia Pacific: Luxury Yacht Market: Key Industry Highlights, 2020 and 2026
Table 2: Asia Pacific: Luxury Yacht Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Asia Pacific: Luxury Yacht Market Forecast: Breakup by Size (in Million US$), 2021-2026
Table 4: Asia Pacific: Luxury Yacht Market Forecast: Breakup by Material (in Million US$), 2021-2026
Table 5: Asia Pacific: Luxury Yacht Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 6: Asia Pacific: Luxury Yacht Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 7: Asia Pacific: Luxury Yacht Market: Competitive Structure
Table 8: Asia Pacific: Luxury Yacht Market: Key Players

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