Catamarans Market - Global Industry Insights, and Forecast, 2022 - 2028

Catamarans Market - Global Industry Insights, and Forecast, 2022 - 2028

The study includes a detailed analysis of the global catamarans market with succinct briefings about its types and applications along with profiles of the leading companies mapped in the report. Catamarans are used for luxury cruising experience and are also being utilized for multiple transportation and military operations. The report gives a detailed information about product type and applications of the catamarans. The market is expected to have a CAGR of 4.6% during the forecast period (2022 - 2028) starting from US$ 1.12 Billion in 2016 to US$ 1.54 Billion by 2028.
Market Dynamics
The market for catamarans is expected to witness growth over the forecast, owing to increasing cruising and racing events organized across regions such as racing championships in Auckland, New Zealand. Catamarans, due to the design and structure, which includes 2 hulls; aids in increasing stability, reliability than mono-hull boats and gain optimum speed of 40 nautical miles, with more space and boarding capacity. These features has led to use of catamarans for cargo carriers and in military operations across the marine. High cost of catamarans is impeding the market growth to some extent as it is affordable by only few people. Cost is the major drawback for catamarans, as the cost ranges between a few hundred thousand dollars to over several million dollars. It is expected to remain as a luxury product. People in countries such as Japan and India have low disposable income and they often rely on chartering catamarans, for tourist destinations such as Thailand and Malaysia, where chartering options are available.
Key features of the study:

This report provides in-depth analysis of catamaran, market size (US$ Million), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year.
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global catamaran market based on the following parameters – company overview, financial performance, product portfolio, and their geographical presence.
Companies covered as part of this study include Sunreef Yachts, Spirited Designs, Lagoon Catamaran, Fountaine Pajot, Matrix Yachts, Voyage Yachts, TomCat Boats, Robertson and Caine, and Gemini Catamarans.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
The global catamaran market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global catamaran market

Detailed Segmentation:

Global Catamaran Market, By Product Type:

Sail-powered
Engine-powered
Others

Global Catamaran Market, By Application:

Sport
Cruising
Others

Global Catamaran Market, By Geography:

North America

By Product Type:

Sail-powered
Engine-powered
Others

By Application:

Sport
Cruising
Others

By Country:

U.S.
Canada

Europe

By Product Type:

Sail-powered
Engine-powered
Others

By Application:

Sport
Cruising
Others

By Country:

Germany
UK
France
Italy
Spain
Russia
Rest of Europe

Asia Pacific

By Product Type:

Sail-powered
Engine-powered
Others

By Application:

Sport
Cruising
Others

By Country:

China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific

Latin America

By Product Type:

Sail-powered
Engine-powered
Others

By Application:

Sport
Cruising
Others

By Country:

Brazil
Mexico
Rest of Latin America

Middle East

By Product Type:

Sail-powered
Engine-powered
Others

By Application:

Sport
Cruising
Others

By Country:

GCC Countries
Israel
Rest of Middle East

Africa

By Product Type:

Sail-powered
Engine-powered
Others

By Application:

Sport
Cruising
Others

By Country:

Northern Africa
Central Africa
South Africa

Company Profiles

Sunreef Yachts *

Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/ Updates

Spirited Designs
Lagoon Catamaran
Fountaine Pajot
Matrix Yachts
Voyage Yachts
TomCat Boats
Robertson and Caine
Gemini Catamarans

“*” marked represents similar segmentation in other categories in the respective section.