Market Overview:
The Asia Pacific luxury yacht market size reached US$ 1,371 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 2,422 Million by 2027, exhibiting a growth rate (CAGR) of 10.25% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
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.
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 at the regional and country level from 2022-2027. Our report has categorized the market based on 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:
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.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Million |
| Segment Coverage |
Type, Size, Material, Application, Country |
| Countries Covered |
China, Japan, India, South Korea, Australia, Indonesia, Others |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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$), 2016-2021
Figure 3: Asia Pacific: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Asia Pacific: Luxury Yacht Market: Breakup by Type (in %), 2021
Figure 5: Asia Pacific: Luxury Yacht Market: Breakup by Size (in %), 2021
Figure 6: Asia Pacific: Luxury Yacht Market: Breakup by Material (in %), 2021
Figure 7: Asia Pacific: Luxury Yacht Market: Breakup by Application (in %), 2021
Figure 8: Asia Pacific: Luxury Yacht Market: Breakup by Country (in %), 2021
Figure 9: Asia Pacific: Luxury Yacht (Sailing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Asia Pacific: Luxury Yacht (Sailing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Asia Pacific: Luxury Yacht (Motorized) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Asia Pacific: Luxury Yacht (Motorized) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Asia Pacific: Luxury Yacht (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Asia Pacific: Luxury Yacht (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Asia Pacific: Luxury Yacht (75-120 Feet) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Asia Pacific: Luxury Yacht (75-120 Feet) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Asia Pacific: Luxury Yacht (121-250 Feet) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Asia Pacific: Luxury Yacht (121-250 Feet) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Asia Pacific: Luxury Yacht (Above 250 Feet) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Asia Pacific: Luxury Yacht (Above 250 Feet) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Asia Pacific: Luxury Yacht (FRP/ Composites) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Asia Pacific: Luxury Yacht (FRP/ Composites) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Asia Pacific: Luxury Yacht (Metal/ Alloys) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Asia Pacific: Luxury Yacht (Metal/ Alloys) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Asia Pacific: Luxury Yacht (Other Materials) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Asia Pacific: Luxury Yacht (Other Materials) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Asia Pacific: Luxury Yacht (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Asia Pacific: Luxury Yacht (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Asia Pacific: Luxury Yacht (Private) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Asia Pacific: Luxury Yacht (Private) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: China: Luxury Yacht Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: China: Luxury Yacht Market: Breakup by Type (in %), 2021
Figure 33: China: Luxury Yacht Market: Breakup by Size (in %), 2021
Figure 34: China: Luxury Yacht Market: Breakup by Material (in %), 2021
Figure 35: China: Luxury Yacht Market: Breakup by Application (in %), 2021
Figure 36: China: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Japan: Luxury Yacht Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Japan: Luxury Yacht Market: Breakup by Type (in %), 2021
Figure 39: Japan: Luxury Yacht Market: Breakup by Size (in %), 2021
Figure 40: Japan: Luxury Yacht Market: Breakup by Material (in %), 2021
Figure 41: Japan: Luxury Yacht Market: Breakup by Application (in %), 2021
Figure 42: Japan: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: India: Luxury Yacht Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: India: Luxury Yacht Market: Breakup by Type (in %), 2021
Figure 45: India: Luxury Yacht Market: Breakup by Size (in %), 2021
Figure 46: India: Luxury Yacht Market: Breakup by Material (in %), 2021
Figure 47: India: Luxury Yacht Market: Breakup by Application (in %), 2021
Figure 48: India: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: South Korea: Luxury Yacht Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: South Korea: Luxury Yacht Market: Breakup by Type (in %), 2021
Figure 51: South Korea: Luxury Yacht Market: Breakup by Size (in %), 2021
Figure 52: South Korea: Luxury Yacht Market: Breakup by Material (in %), 2021
Figure 53: South Korea: Luxury Yacht Market: Breakup by Application (in %), 2021
Figure 54: South Korea: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Australia: Luxury Yacht Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Australia: Luxury Yacht Market: Breakup by Type (in %), 2021
Figure 57: Australia: Luxury Yacht Market: Breakup by Size (in %), 2021
Figure 58: Australia: Luxury Yacht Market: Breakup by Material (in %), 2021
Figure 59: Australia: Luxury Yacht Market: Breakup by Application (in %), 2021
Figure 60: Australia: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Indonesia: Luxury Yacht Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Indonesia: Luxury Yacht Market: Breakup by Type (in %), 2021
Figure 63: Indonesia: Luxury Yacht Market: Breakup by Size (in %), 2021
Figure 64: Indonesia: Luxury Yacht Market: Breakup by Material (in %), 2021
Figure 65: Indonesia: Luxury Yacht Market: Breakup by Application (in %), 2021
Figure 66: Indonesia: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Others: Luxury Yacht Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Others: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Asia Pacific: Luxury Yacht Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Asia Pacific: Luxury Yacht Market Forecast: Breakup by Size (in Million US$), 2022-2027
Table 4: Asia Pacific: Luxury Yacht Market Forecast: Breakup by Material (in Million US$), 2022-2027
Table 5: Asia Pacific: Luxury Yacht Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Asia Pacific: Luxury Yacht Market Forecast: Breakup by Country (in Million US$), 2022-2027
Table 7: Asia Pacific: Luxury Yacht Market: Competitive Structure
Table 8: Asia Pacific: Luxury Yacht Market: Key Players