Yacht Charter Market is Expected to Enhance $11.34 Billion Revenue By 2030: Grand View Research Inc.

 Yacht Charter Market Growth & Trends

The global yacht charter market size is estimated to reach USD 11.34 billion by 2030, registering to grow at a CAGR of 5.2% from 2025 to 2030 according to a new report by Grand View Research, Inc. The market is expected to witness strong growth owing to growing inclination of travelers towards luxury marine tourism. Furthermore, the growing popularity of water sports and recreational activities coupled with an increase in the number of high net-worth population is also expected to impact the growth positively.

Increasing adoption of Internet and the resulting impact on marketing techniques, sales channels, price transparency, and product personalization offered by service providers are the factors expected to increase the popularity of online yacht charter booking. The ongoing collaboration between online yacht charter service providers and leading travel agencies to offer combined airline and yacht packages is one of the key trends observed in the global market. This collaboration allows customers to book trips with promotional offers while booking their flight tickets. The adoption of this strategy is directly boosting the demand.

The rise in the number of high net worth individuals and upper class and upper middle-class population is also expected to drive the market over the forecast period. According to the World Bank, High Net-worth Individuals (HNWI) account for less than 1% of world’s total population but possess over 40% of the world’s total wealth. Growing young population among HNWI coupled with preference for celebrating events such as weekend parties, birthdays and anniversaries in charted yachts is expected to boost the market.

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Yacht Charter Market Report Highlights

• The 20 to 50-ft yacht segment held the dominant position in the market with the largest revenue share of 62.3% in 2024.
• The motor yacht led the market and accounted for the largest revenue share of 87.3% in 2024, due to its speed and efficiency, allowing for quicker travel between destinations.
• The crewed charter segment dominated the market and accounted for the largest revenue share of 80.2% in 2024, driven by the increasing demand for luxurious and personalized experiences. 
• Europe yacht charter market dominated the global market and accounted for the largest revenue share of 43.9% in 2024.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-yacht-charter-market

Yacht Charter Market Segmentation

Grand View Research has segmented the global yacht charter market based on yacht size, yacht type, contract type, and region:

Yacht Charter Yacht Size Outlook (Revenue, USD Million, 2018 - 2030)

• Up to 20 ft.
• 20 To 50 ft.
• Above 50 ft.

Yacht Charter Yacht Type Outlook (Revenue, USD Million, 2018 - 2030)

• Sailing Yacht
• Motor Yacht

Yacht Charter Contract Type Outlook (Revenue, USD Million, 2018 - 2030)

• Bareboat Charter
• Crewed Charter

Yacht Charter Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Singapore
  • Japan
  • South Korea
• Latin America
  • Brazil
• Middle East and Africa
  • Kingdom of Saudi Arabia (KSA)
  • UAE
  • Saudi Africa

List of Key Players in the Yacht Charter Market

• Beneteau S.A
• Sunseeker International Ltd.
• The Moorings Limited
• Camper & Nicholsons International Ltd.
• Sunsail Worldwide Sailing Ltd.
• IYC
• Argo Nautical Limited
• Burgess Yacht
• Kiriacoulis Mediterranean Cruises Shipping S.A.
• Boat International Media Ltd.
• Yachtico Inc.
• Fraser Yachts Florida Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.