Catamaran Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027
Report Description
The global Catamaran market size is estimated at USD 1,807.4 million in 2020, expanding at a CAGR 4.8% from 2021-2027 to reach 2,600.9 million USD in 2027.
Market Dynamics
Over the projected period, the catamaran market is predicted to develop significantly. High emphasis on development to enhance the boating structure through multi-hulls and increase travel speed including over 20 nautical miles is predicted to be one of the major factors driving the market growth. Various benefits such as abundant room, sailing stability, and relaxing comfort in comparison to traditional monohull equivalents such as boats, yachts, and cruises have given these designs substantial market traction. According to the World Travel and Tourism Council, the worldwide travel and tourism sector grew by 4.6 percent in the year 2017, which was 50% faster than the growth of the global economy and reported for more than USD 8.3 trillion.
The increase in cruising and racing events has increased the demand for catamarans. The powered catamaran is in high demand because of its efficiency, dependability, and greater room. In comparison to the powered catamaran, the other catamaran form, the sailing catamaran, is increasing at a constant rate. In the worldwide Catamaran market, it is expected that by 2027, the market for Catamarans in the powered catamaran category would have grown to over 1,300 units.
Due to the more technologically advanced manufacturing infrastructure necessary for world-class product ranges, Europe is anticipated to hold a majority of share in the worldwide catamarans market and production sector. Furthermore, the region is known for having the most experienced personnel, which has a significant impact on customer demand for high-end performance catamarans. As a result, Europe is expected to take a significant share of the overall catamaran industry in the not-too-distant future. Over the projected period, the North American catamarans market is estimated to grow at a CAGR of 3.5 percent in terms of volume.
The total catamaran industry is benefiting from increased investment in luxury boats such as powered cats, cruisers, yachts, and others. Demand from the United States, owing to increasing income expenditure on leisure activities, particularly in the boating industry, is driving regional expansion.
In comparison to other segments, demand for medium-sized catamarans is expected to rise at a substantial rate, with greater additional opportunities. In comparison to other Catamarans, the market for a big catamaran is developing at a reasonably fast rate. The small catamaran market is growing slowly due to its restricted applicability. Because of its uses in chartering services, the medium-sized catamaran had a market share of over 40% in 2017.
The market for the Catamaran is estimated to grow over the forecast period as the contenders in the global market are rising and competition with the existing players is estimated to grow in the next ten years. The manufacturers in the Catamaran market to expand with strategic developments such as product launches, product innovation, expansion, partnership & collaborations, and mergers & acquisitions in the Catamaran market.
The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses market size and forecast of Catamarans by type, region, and application. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):
- Voyage
- Seawind
- Robertson & Caine
- Outremer Yachting
- Matrix Yachts
- LOMOcean Design
- LeisureCat
- Lagoon
- Incat Crowther
- Grup Aresa Internaciona
- Fountaine Pajot
- Catana Group
- Bavaria
- Alumarine Shipyard
- African Cats
Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Sailing Catamaran
- Powered Catamaran
Size Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Small (up to 30 m)
- Medium (30-50 m)
- Large (Above 50 m)
Passenger Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Sports
- Cruising
- Passenger Transport
- Others
Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):
- North America (U.S., and Canada)
- Europe (Germany, U.K., France, Italy, Spain, etc.)
- Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
- South America (Brazil, Mexico, Argentina, etc.)
- Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)
Table Of Content
1. Catamaran Market Overview
1.1. Product Overview and Scope of Catamaran
1.2. Global Market Growth Prospects and Revenue Estimates
1.3. Global Catamaran Market Size Growth Rate Analysis by Type 2020 VS 2027
1.3.1. Sailing Catamaran
1.3.2. Powered Catamaran
1.4. Global Catamaran Consumption Comparison by Size: 2020 VS 2027
1.4.1. Small (up to 30 m)
1.4.2. Medium (30-50 m)
1.4.3. Large (Above 50 m)
1.5. Global Catamaran Consumption Comparison by Passenger Type: 2020 VS 2027
1.5.1. Sports
1.5.2. Cruising
1.5.3. Passenger Transport
1.5.4. Others
1.6. Global Catamaran Market Size Estimates and Forecasts by Region: 2020 VS 2027
1.6.1. North America Catamaran Estimates
1.6.2. Europe Catamaran Estimates
1.6.3. China Catamaran Estimates
1.6.4. Japan Catamaran Estimates
2. Market Competition by Manufacturers
2.1. Global Catamaran Revenue Market Share by Manufacturers (2020)
2.2. Catamaran Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.3. Global Catamaran Average Price by Manufacturers (2016-2021)
2.4. Manufacturers Catamaran Production Sites, Area Served, Product Types
2.5. Catamaran Market Competitive Situation and Trends
2.5.1. Catamaran Market Concentration Rate
2.5.2. Mergers & Acquisitions, Expansion
3. Global Catamaran Consumption by Region (2016-2021)
3.1. Global Catamaran Consumption by Region
3.2. Global Catamaran Consumption Market Share by Region
3.2.1. North America
3.2.2. North America Catamaran Consumption Growth Rate (2016-2021)
3.2.3. North America Catamaran Consumption, Price and Gross Margin (2016-2021)
3.2.4. North America Catamaran Consumption by Country
3.2.4.1. U.S.
3.2.4.2. Canada
3.2.5. Europe
3.2.6. Europe Catamaran Consumption Growth Rate (2016-2021)
3.2.7. Europe Catamaran Consumption, Price and Gross Margin (2016-2021)
3.2.8. Europe Catamaran Consumption by Country
3.2.8.1. Germany
3.2.8.2. U.K.
3.2.8.3. France
3.2.8.4. Italy
3.2.8.5. Spain
3.2.9. Asia Pacific
3.2.10. Asia Pacific Catamaran Consumption Growth Rate (2016-2021)
3.2.11. Asia Pacific Catamaran Consumption, Price and Gross Margin (2016-2021)
3.2.12. Asia Pacific Catamaran Consumption by Country
3.2.12.1. China
3.2.12.2. India
3.2.12.3. Japan
3.2.12.4. Indonesia
3.2.12.5. Malaysia
3.2.12.6. Australia
3.2.12.7. South Korea
3.2.13. South America
3.2.14. South America Catamaran Consumption Growth Rate (2016-2021)
3.2.15. South America Catamaran Consumption, Price and Gross Margin (2016-2021)
3.2.16. South America Catamaran Consumption by Country
3.2.16.1. Brazil
3.2.16.2. Mexico
3.2.16.3. Argentina
3.2.17. Middle East and Africa
3.2.18. Middle East and Africa Catamaran Consumption Growth Rate (2016-2021)
3.2.19. Middle East and Africa Catamaran Consumption, Price and Gross Margin (2016-2021)
3.2.20. Middle East and Africa Catamaran Consumption by Country
3.2.20.1. Saudi Arabia
3.2.20.2. Kuwait
3.2.20.3. UAE
3.2.20.4. South Africa
4. Global Catamaran Consumption by Type (2016-2021)
4.1. Global Catamaran Price by Type (2016-2021)
4.2. Global Catamaran Revenue Market Share by Type (2016-2021)
4.2.1. Sailing Catamaran
4.2.2. Powered Catamaran
5. Global Catamaran Consumption by Size (2016-2021)
5.1. Global Catamaran Price by Size (2016-2021)
5.2. Global Catamaran Revenue Market Share by Size (2016-2021)
5.2.1. Small (up to 30 m)
5.2.2. Medium (30-50 m)
5.2.3. Large (Above 50 m)
6. Global Catamaran Consumption by Passenger Type (2016-2021)
6.1. Global Catamaran Price by Passenger Type (2016-2021)
6.2. Global Catamaran Revenue Market Share by Passenger Type (2016-2021)
6.2.1. Sports
6.2.2. Cruising
6.2.3. Passenger Transport
6.2.4. Others
7. Key Companies Profiled
7.1. Voyage
7.1.1. Voyage Catamaran Corporation Information
7.1.2. Voyage Catamaran Product Portfolio
7.1.3. Voyage Catamaran Consumption, Price and Gross Margin (2016-2021)
7.1.4. Voyage Main Business and Markets Served
7.1.5. Voyage Recent Developments/Updates
7.2. Seawind
7.3. Robertson & Caine
7.4. Outremer Yachting
7.5. Matrix Yachts
7.6. LOMOcean Design
7.7. LeisureCat
7.8. Lagoon
7.9. Incat Crowther
7.10. Grup Aresa Internaciona
7.11. Fountaine Pajot
7.12. Catana Group
7.13. Bavaria
7.14. Alumarine Shipyard
7.15. African Cats
8. Marketing Channel, Distributors and Customers
8.1. Marketing Channel
8.2. Catamaran Distributors List
8.3. Catamaran Customers
9. Market Dynamics
9.1. Catamaran Industry Trends
9.2. Catamaran Growth Drivers
9.3. Catamaran Market Challenges
9.4. Catamaran Market Restraints
10. Global Catamaran Consumption and Demand Forecast, by Region (2022-2027)
10.1. Global Forecasted Demand Analysis of Catamaran, by Regions and Country
10.1.1. North America Forecasted Consumption of Catamaran by Country
10.1.2. Europe Market Forecasted Consumption of Catamaran by Country
10.1.3. Asia Pacific Market Forecasted Consumption of Catamaran by Region
10.1.4. Latin America Forecasted Consumption of Catamaran by Country
10.1.5. Middle East and Africa Forecasted Consumption of Catamaran by Country
11. Global Catamaran Consumption and Demand Forecast, by Type Segments (2022-2027)
11.1. Global Forecasted Consumption of Catamaran by Type Segments (2022-2027)
11.2. Global Consumption and Price Forecast by Type Segments (2022-2027)
11.2.1. Global Forecasted Growth Rate of Catamaran by Type Segments (2022-2027)
12. Global Catamaran Consumption and Demand Forecast, by Size Segments (2022-2027)
12.1. Global Forecasted Consumption of Catamaran by Size Segments (2022-2027)
12.2. Global Consumption and Price Forecast by Size Segments (2022-2027)
12.2.1. Global Forecasted Growth Rate of Catamaran by Size Segments (2022-2027)
13. Global Catamaran Consumption and Demand Forecast, by Application Segments (2022-2027)
13.1. Global Forecasted Consumption of Catamaran by Application Segments (2022-2027)
13.2. Global Consumption and Price Forecast by Application Segments (2022-2027)
13.2.1. Global Forecasted Growth Rate of Catamaran by Application Segments (2022-2027)
14. Research Finding and Conclusion
15. Methodology and Data Source
15.1. Methodology/Research Approach
15.1.1. Research Programs/Type
15.1.2. Market Size Estimation
15.1.3. Market Breakdown and Data Triangulation
15.2. Data Source
15.2.1. Secondary Sources
15.2.2. Primary Sources
15.3. Author List
15.4. Disclaimer
Research Methodology
Our research studies are primarily performed in five phases which include Secondary Research, Primary Research, Subject Matter Expert Advice, Quality Check, and Final Review. The process opted for conducting thorough research to make authentic business reports is briefly described below-
Secondary Research-
- Based on the understanding of requirements, we conducted secondary research to identify the Segment specifications, qualitative and quantitative data along with the factors responsible for the growth of the market.
- The secondary sources referred for the study include press releases, company annual reports, and research papers related to the industry.
- Various sources such as industry magazines, trade journals, government websites, and associations were also reviewed for gathering precise analysis on opportunities for business expansions in the market.
- Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Factiva, Bloomberg, One Source, and Hoovers, which proved to be useful for in-depth technical study of the market.
Primary Research-
- The research carried out during the desk research was verified by primary interviews. Primary research was scheduled with a number of industry experts for conducting telephonic interviews, and also our team send questionnaires through their official emails.
- The secondary data collected was then verified by various industry participants which included Segment managers, marketing managers, VPs, CEOs, purchasing managers, subject matter experts.
- An interview with the mentioned participants aids invalidation of our research findings regarding the Segment.
- It helps in the provision of first-hand data on factors such as market size, growth, regional trends, market trends, and competition in the industry. This approach makes our findings precise in order to help our clients in strategic decision-making processes.
Subject Matter Advice-
- The secondary and primary research key findings were then validated by the in-house subject matter experts having extensive experience in the market research industry.
- Specific requirements of the clients were reviewed by the experts to check for completion of the market study. Experts help in channelizing the representation skills of the analyst in terms of providing data that can be easily understood by our customers.
Quality Check-
- The analysis done by the research team was further reviewed to check for data accuracy provided to suit the clients’ specific requirements.
- This revision was done in various phases to check the data authenticity and to remove negligible errors in the final compilation.
Final Review-
- After the quality check, a final review of the report was done to look after the presentation, formatting, and to recheck if all the requirements of the clients were addressed. The next phase remains dispatch of the report to the client.
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