Global Catamaran Market Size, Share & Trends Analysis Report By Product Type (Sailing Catamaran, and Powered Catamaran), By Size (Below 15m, 16m-30m, and Above 30m), By Application, By Regional Outlook and Forecast, 2023 - 2030

Global Catamaran Market Size, Share & Trends Analysis Report By Product Type (Sailing Catamaran, and Powered Catamaran), By Size (Below 15m, 16m-30m, and Above 30m), By Application, By Regional Outlook and Forecast, 2023 - 2030

The Global Catamaran Market size is expected to reach $2.3 billion by 2030, rising at a market growth of 5.3% CAGR during the forecast period.

Catamarans are also popular choices for family-friendly cruises during vacations. Their stable and spacious design provides a comfortable and safe family environment, attracting parents and children looking for memorable and enjoyable sailing experiences. Consequently, the other segment would generate approximately 18.43 % share of the market by 2030. This flexibility enhances the overall appeal of catamarans for travelers seeking diverse experiences.

Superyacht catamarans offer expansive and stable platforms, providing significantly more deck space than traditional monohull superyachts. This spacious design appeals to luxury-seeking clients who prioritize comfort, relaxation, and openness during their yachting experiences. Therefore, the market is expanding significantly due to the rising popularity of superyacht catamarans.

Additionally, Catamarans incorporate energy-efficient technologies, including LED lighting, high-efficiency HVAC, and energy-recovery systems. These technologies contribute to overall energy conservation, making catamarans more sustainable and cost-effective in the long run. Thus, because of the growing sustainable and eco-friendly solutions, the market is anticipated to increase significantly.

However, Supply chain disruptions can delay delivering essential components and materials required for catamaran manufacturing. This delay, in turn, can impact production schedules, leading to postponed deliveries of catamarans to customers. Thus, lack of supply chain disruptions can slow down the growth of the market.

By Product Type Analysis

By product type, the market is categorized into sailing catamaran and powered catamaran. In 2022, the sailing catamaran segment held the 63.45% revenue share in the market. The sailing catamaran segment is widely utilized for private charters, allowing individuals and groups to enjoy a personalized and luxurious sailing experience. The speed and agility of catamarans, especially those equipped with foiling technology, contribute to exciting and high-performance racing experiences.

By Size Analysis

Based on size, the market is classified into below 15m, 16m-30m, and above 30m. The 16m-30m segment acquired a 39.22 % revenue share in the market in 2022. Catamarans within the 16m-30m range often feature luxurious amenities and spacious accommodations. Medium-sized catamarans are designed for extended cruising capabilities, making them suitable for long-distance voyages and exploration. The increased size allows for more extensive fuel storage, larger water capacities, and enhanced onboard systems for extended time at sea.

By Application Analysis

On the basis of application, the market is divided into sports, leisure, transport, and others. In 2022, the leisure segment dominated the market with 38.6 % revenue share. The leisure segment is witnessing a growing demand for private catamaran ownership. Individuals and families choose catamarans for private use, seeking the freedom to explore coastal waters, islands, and cruising destinations at their pace. The rise in the leisure segment is evident through the increasing popularity of catamaran charter services.

By Regional Analysis

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the North America region acquired a 24.17 % revenue share in the market. North America boasts extensive coastlines, and catamarans are well-suited for coastal cruising. Boaters in North America often seek vessels that provide ample living space for extended stays on the water, making catamarans an attractive option for leisure and cruising enthusiasts.

List of Key Companies Profiled

• SA CATANA GROUP
• Bavaria Yachtbau
• Gemini Catamarans
• Travelopia holdings limited.
• Grand Large Yachting Group
• Azimut Benetti Group
• Seawind Group Holdings, Pty Ltd
• Fountain Pajot
• Privilege Catamarans America (Privilege Marine SAS)
• Ferretti S.p.A.

Global Catamaran Market Report Segmentation

By Product Type

• Sailing Catamaran
• Powered Catamaran

By Size

• Below 15m
• 16m-30m
• Above 30m

By Application

• Leisure
• Transport
• Sports
• Others

By Geography

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA