Global Aluminium Fishing Boat Market Size study & Forecast, by Boat Type (Bass Boat, Multi-species Boat, Deep-V Boat), by Size (<14 Feet, 14-16 Feet, >16 Feet), by Engine Type (<200 HP, 200-300 HP, >300 HP) and Regional Analysis, 2022-2029
Global Aluminium Fishing Boat Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Aluminum fishing boats have applications in different activities including fishing, sports, entertainment, and recreational activities. These boats offer excellent fuel economy due to their minimal weight and can be powered by a low-powered engine. There are different types of Aluminium boats available such as Jon boats, mod-v boats, and deep-v boats. Jon boats, for instance, are mainly used for rivers and small lakes due to their flat bottom and squared-off or blunt bow, that enable them to operate in shallow water. The increasing popularity of outdoor recreational activities and growing development of tourist places are key factors driving the market growth.
Over the years the popularity of outdoor activities has significantly increased creating strong demand for Aluminium Fishing Boat Market. For instance – as per Outdoor Industry Association’s 2022 Outdoor Participation Trends Report – in 2019, in the United States, around 152.5 million individuals participated in outdoor activities, and this number further increased to 161.3 million in 2020, and further 165.6 million in 2021. Also, growing advancements in aluminium fishing boats would create lucrative growth prospects for the market over the projected period. However, volatile cost of raw materials hinders the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Aluminium Fishing Boat Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the growing popularity of fishing as well as presence of leading market players in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as growing popularity of recreational activities as well as presence of well-established boat and ship manufacturing industry in the region.
Major market players included in this report are:Yamaha Motor Co. Ltd.
Brunswick Corporation
BRP
Correct Craft
Smoker Craft Inc.
White River Marine Group
UMS Boats
MirroCraft
legend boats
Bennington Pontoon Boats
Recent Developments in the Market:In October 2022, Lund Boats, one of the leading manufacturers of aluminum and fiberglass fishing boats, announced redesign of its iconic Pro-V series. The redesigned Pro-Vs come equipped with a 14-gallon bow livewell and a 31-gallon aft livewell, as well as amenities such as an integrated, insulated cooler and improved rod, tackle and gear storage.
Global Aluminium Fishing Boat Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Boat Type, Size, Engine Type, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:By Boat Type
Bass Boat
Multi-species Boat
Deep-V Boat
By Size
<14 Feet
14-16 Feet
>16 Feet
By Engine Type
<200 HP
200-300 HP
>300 HP
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Companies MentionedYamaha Motor Co. Ltd.
Brunswick Corporation
BRP
Correct Craft
Smoker Craft Inc.
White River Marine Group
UMS Boats
MirroCraft
legend boats
Bennington Pontoon Boats
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