Catamarans Market Analysis: Major Players, Lucrative Segments And Top Geographies
14 Jul, 2023
The global catamarans market size is expected to grow from $1.36 billion in 2022 to $1.46 billion in 2023 at a compound annual growth rate (CAGR) of 7.47%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global catamarans market size is expected to reach $1.81 billion in 2027 at a CAGR of 5.62%.
Global Catamarans Market Key Driver
Increased cruising is driving the growth of the catamaran market. Cruising is defined as travelling on a ship or boat for leisure or vacation purposes, stopping at various ports or places. A catamaran cruise is a popular alternative because it combines the independence of sailing with the luxury and amenities of a traditional cruise liner. Catamarans are utilised to sail about while cruising; thus, more cruising will accelerate market expansion.
Get a sample of the global catamarans market reportGlobal Catamarans Market Segments
The global catamarans market is segmented:
1) By Product: Sailing Catamarans, Powered Catamarans
2) By Size: Small(below 15m), Medium(15m-30m), Large(above 30m)
3) By Application: Leisure, Commercial, Defense, Others
4) By Geography: The regions covered in the catamarans market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, Europe accounts for the largest share in the global catamarans market.
Major Catamarans Industry Players
African Cats B V, Voyage Yachts, Bavaria Yachtbau, Catana Group, Seawind Group Holdings Pty Ltd, Outremer Catamarans, Fountaine Pajot, LeisureCat & AussieCat, Robertson & Caine, Matrix Yachts, CATATHAI, Lagoon Catamarans, Incat Crowther, LOMOcean Marine, Aresa Shipyard
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Catamarans Market Overview
A catamaran refers to a type of boat with two parallel hulls connected by a deck or bridge, providing excellent stability and speed on the water. They are used for sports and recreation activities.
Catamarans Global Market Report 2023 provides data on the global catamarans market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The catamarans market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.