Global Marine Leisure Market Revenue is Expected to Reach $44.75 Billion by 2029, Growing at a CAGR of 3.67%, Cover Regional Analysis

Marine leisure refers to the use of ocean resources for leisure and entertainment activities. It covers various forms of activities, such as seaside vacations, leisure fishing, and sea sports. Marine leisure activities not only enrich people's leisure life, but also promote the development of local tourism and economy. In recent years, with the rise of maritime sports, more and more coastal cities have vigorously developed the marine leisure industry, forming a characteristic business model of "tourism+sports" deep integration, adding new vitality and charm to cities.
Overview of Market Development
The global marine leisure market is thriving, showing strong growth momentum and broad prospects. Currently, the market demand for navigation and water sports activities is constantly increasing, especially in coastal areas and tourist destinations, which has driven the market demand for marine leisure equipment such as sailor benches. At the same time, the diversified development of the water sports industry, such as yacht, surfing, sailing and other activities, has also brought new growth points to the market. According to our research data, the estimated revenue of the global marine leisure market in 2024 is $37.37 billion, an increase of 4.26% compared to 2023.
From the perspective of future trends, the global marine leisure market is expected to continue to maintain positive growth. Technological innovation and intelligence trends, green environmental protection and sustainable development, personalization and customization will become important directions for market development. In addition, the rapid recovery of the cruise tourism industry and the exploration of emerging markets will further promote the growth of the marine leisure market. It is expected that by 2029, the revenue of the global marine leisure market will increase to $44.752 billion. The CAGR for 2024-2029 is estimated to be 3.67%.
Segmented Market Analysis
From the perspective of product types, the mainstream products in the marine leisure market include leisure boats, surfing equipment, diving equipment and swimming rings. Among them, leisure boats dominate the market, with an expected market share of 75.35% by 2024.
From the perspective of service targets, the marine leisure market can be divided into adult marine leisure market and children's marine leisure market. Among them, the adult marine leisure market dominates, with an expected market share of 99.82% by 2024.

Global Marine Leisure Market Revenue Forecast and Market Segment Analysis  

Global Marine Leisure Market Revenue Forecast and Market Segment Analysis

Source: www.globalmarketmonitor.com
Market Analysis of Major Regions/Countries
From a regional perspective, the global marine leisure market is mainly concentrated in North America and Europe. These two major regions account for over 70% of the global revenue from the marine leisure market. Data shows that the estimated revenue for the North American and European marine leisure markets in 2024 is $14.10 billion and $14.30 billion, respectively.
From a national perspective, Asian countries such as China and Japan are also important components of the global marine leisure market, holding a certain market share.
Global Marine Leisure Market Revenue and Market Share by Region/Country Forecast in 2024

Regions/Countries

Market Revenue (Billion USD)

Market Share

North America

14.10

37.72%

Europe

14.30

38.25%

China

2.49

6.66%

Japan

1.54

4.12%

India

0.39

1.04%

South America

1.12

3.01%

Middle East & Africa

1.56

4.17%

Source: www.globalmarketmonitor.com


Beyond Consulting, Future is Feasible

We provide more professional and intelligent market reports to complement your business decisions.