Yachts Charter Market Report 2025 (Global Edition)

Global Yachts Charter Market Report 2025 Market Size Split by Yacht Type (Motor Yacht, Sailing Yacht), by Application (Vacation/Leisure, Sailing, Others), by Consumer Type (Corporate, Retail), by Yach...

Yachts Charter Market Report Description

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Competitive Landscape of the Yachts Charter Market

Key players deploy strategic initiatives such as product innovations, partnerships, and mergers. Companies prioritize R&D to introduce cutting-edge reagents, ensuring a competitive edge. Robust distribution networks and adherence to quality standards amplify market presence, fostering an environment where agility and innovation define industry leaders.

Yachts Charter Industry News

In February 2022, Northrop & Johnson and NetJets formed a partnership. Customers will benefit from our cooperation by having opulent, cozy, and unforgettable travel experiences.

(Sourcehttps://www.netjets.com/en-us/northrop-johnson-yachts-luxury-travel-partnership)

Top Companies Market Share in Yachts Charter Industry: (In no particular order of Rank)

• Worldwide Boat LLC (U.S.)
• Dream Yacht Group (U.S.)
• Northrop & Johnson (France)
• Sailo Inc. (Monaco)
• Camper & Nicholsons (Japan)
• Ocean Independence (Switzerland)
• Burgess Yachts (U.K.)
• The Moorings Limited (U.S.)
• Boatbookings (U.K.)
• Ritzy Charters LLC (U.S.).
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Yachts Charter Market

Which Region will Dominate the Yachts Charter Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The market for boat charters is expanding significantly in North America. The region is drawing more charter clients because of its varied coastal environments, which include the Caribbean, Florida, and New England, as well as a strong economy and rising desire for opulent travel experiences. The main drivers of this expansion are the wealthy looking for upscale, personalized, and luxurious boat holidays in North American waterways.

Which Region is Expanding at the Fastest CAGR?

The European region is witnessing an increase in the sales of reagents. There is a noticeable surge in the yacht charter sector in Europe. Known for its picturesque shorelines, ancient harbors, and abundant cultural diversity, Europe presents an alluring environment for luxurious yacht excursions. An increasing number of wealthy tourists looking for customized maritime experiences are drawn to well-known locations like the French Riviera and the Mediterranean. This expansion is fueled by the area's appeal as a top travel destination for luxurious and unforgettable yacht charters.

The current report Scope analyzes Yachts Charter Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Yachts Charter

According to Cognitive Market Research, the global yacht charter market size was estimated at USD 19512.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 7804.88  million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031. North America's varied coastal scenery and strong economy are the main reasons for the growth of the yacht charter industry in the region. In particular, the 20–50 foot mid-sized yacht market is expanding significantly, drawing passengers looking for comfort, affordability, and versatility. Compared to smaller boats, these vessels have more range and amenities and enough room for small parties or families. This pattern illustrates a broadening clientele's inclination toward larger and more personalized yacht charter choices. North America is becoming a more popular destination for yacht charters due to its beautiful coastlines and rising desire for upscale travel experiences.

Country Analysis

• The demand is amplified by the nation's economic growth. 
• The Canada Yachts Charter market had a market share of USD 701.82 million in 2024 and is projected to grow at a CAGR of 7.2% during the forecast period. Canada's rising usage of Yachts Charter.
• The Mexico yacht charter market is projected to witness growth at a CAGR of 4.9% during the forecast period with a market size of USD 710.24 million in 2024.

 

Europe Yachts Charter

According to Cognitive Market Research, with a market value of USD 19512.2 million in 2024, and projected to expand at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 5853.66 million. Europe's beautiful coastline locations and rich maritime history are driving the continent's burgeoning yacht charter industry. In particular, the sailing yacht market is expanding significantly, drawing tourists looking for genuine and environmentally friendly marine experiences. Sailboats are a popular choice for discriminating tourists who want to experience the tranquility of wind-powered travel on wide waters while seeing picturesque coasts and far-off places. This is due to their elegant design and eco-friendly appeal. This trend highlights Europe's appeal as a top location for sumptuous and remarkable yacht charters, providing the ideal fusion of luxury, adventure, and history for visitors looking for one-of-a-kind and customized marine experiences.

• The United Kingdom yacht charter market had a market share of USD 983.41 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. In the UK, Yachts Charter sales witness an upswing due to the nation's growing tourism. 
• The France yacht charter market is projected to witness growth at a CAGR of 3.9% during the forecast period with a market size of USD 538.54 million in 2024.
• According to Cognitive Market Research, the Germany yacht charter market size was valued at USD 1159.02 million in 2024 and is projected to grow at a CAGR of 4.9% during the forecast period. In Germany, Yachts Charter sales surged due to the growing economy. 
• The Italy Yachts Charter market is projected to witness growth at a CAGR of 4.1% during the forecast period with a market size of USD 503.41 million in 2024.
• The Russian Yachts Charter market is projected to witness growth at a CAGR of 3.7% during the forecast period with a market size of USD 907.32 million in 2024.
• The Spain Yachts Charter market is projected to witness growth at a CAGR of 3.8% during the forecast period with a market size of USD 480.00 million in 2024.
• The Luxembourg Yachts Charter market is projected to witness growth at a CAGR of 4.8% during the forecast period with a market size of USD 181.46 million in 2024.
• The Portugal yacht charter market is projected to witness growth at a CAGR of 4.5% during the forecast period with a market size of USD 122.93 million in 2024.
• The Greece yacht charter market is projected to witness growth at a CAGR of 5.0% during the forecast period with a market size of USD 70.24 million in 2024.
• The rest of the Europe Yachts Charter market is projected to witness growth at a CAGR of 3.4% during the forecast period with a market size of USD 907.32 million in 2024.

 

Asia Pacific Yachts Charter

According to Cognitive Market Research, the global Yachts Charter market size was estimated at USD 19512.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 4487.81 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031. Due in large part to the region's breathtaking coastal scenery and increasing income, the yacht charter business in Asia Pacific is rising quickly. Specifically, the market for luxury motor yachts is expanding significantly, serving affluent passengers who demand smooth luxury and elegance while cruising the seas. Luxury motor yachts provide an unmatched experience for discovering the region's pristine seas and fascinating locations thanks to their sleek designs and contemporary amenities. The affluent consumer in Asia Pacific is increasingly demanding individualized and unique leisure experiences, which is reflected in this trend. The yacht charter industry is positioned for continued expansion and development as the region establishes itself as a top luxury vacation destination, providing visitors with life-changing experiences amidst Asia Pacific's stunning landscapes.

• According to Cognitive Market Research, the China Yachts Charter market size was valued at USD 2019.51 million in 2024 and is projected to grow at a CAGR of 7.7% during the forecast period. Yachts Charter sales surged in China due to the nation's rapid expansion in urbanization.
• The Japan Yachts Charter market is projected to witness growth at a CAGR of 6.7% during the forecast period with a market size of USD 619.32 million in 2024.
• The India Yachts Charter market had a market share of USD 538.54 million in 2024 and is projected to grow at a CAGR of 10.0% during the forecast period. The demand is augmented by India's increasing economy.
• The South Korean Yachts Charter market is projected to witness growth at a CAGR of 7.3% during the forecast period with a market size of USD 448.78 million in 2024.
• The Australian Yachts Charter market is projected to witness growth at a CAGR of 7.9% during the forecast period with a market size of USD 233.37 million in 2024.
• The South East Asia Yachts Charter market is projected to witness growth at a CAGR of 9.2% during the forecast period with a market size of USD 309.66 million in 2024.
• The Rest of the Asia Pacific Yachts Charter market is projected to witness growth at a CAGR of 8.0% during the forecast period with a market size of USD 318.63 million in 2024.

 

South America Yachts Charter

According to Cognitive Market Research, the global Yachts Charter market size was estimated at USD 19512.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 975.61 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031. Due to the region's rich cultural heritage and varied coastline scenery, the yacht charter industry in Latin America is expanding. In particular, the market for bareboat charters is expanding significantly, drawing in tourists who are daring and want freedom and flexibility when they are sailing. Bareboat charters, which give you the freedom to sail alone without a crew, present a special chance to discover the breathtaking coastlines and undiscovered treasures of Latin America at your own speed. This trend reflects Latin America's adventurous clientele's increased desire for real, engaging travel experiences. Latin America's yacht charter industry is positioned for growth and innovation as the region continues to draw tourists looking for distinctive and customized trips. It provides unmatched chances for life-changing ocean experiences.

• According to Cognitive Market Research, the Brazil Yachts Charter market size was valued at USD 417.56 million in 2024 and is projected to grow at a CAGR of 6.2% during the forecast period. Yachts Charter sales flourish in Brazil due to the nation's investments in yachts.
• The Argentina Yachts Charter market had a market share of USD 163.90million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. The demand is augmented by Argentina's commitment to sustainable farming practices, where Yachts Charter play a crucial role in enhancing crop yields.
• The Colombia Yachts Charter market is projected to witness growth at a CAGR of 5.4% during the forecast period with a market size of USD 86.83 million in 2024.
• The Peru Yachts Charter market is projected to witness growth at a CAGR of 5.8% during the forecast period with a market size of USD 80.00 million in 2024.
• The Chile Yachts Charter market is projected to witness growth at a CAGR of 5.9% during the forecast period with a market size of USD 70.24 million in 2024.
• The Rest of Latin America Yachts Charter market is projected to witness growth at a CAGR of 4.7% during the forecast period with a market size of USD 157.07 million in 2024.

 

Middle East and Africa Yachts Charter

According to Cognitive Market Research, the global Yachts Charter market size was estimated at USD 19512.2 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 390.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031. The clean beaches and rising demand for upscale travel experiences in the Middle East and Africa are driving the region's yacht charter industry's strong expansion. In particular, the crewed charter market is growing, serving wealthy passengers looking for the highest level of comfort and individual attention while sailing. When exploring the stunning waters of the area, discerning clients can have a flawless and luxurious experience on crewed charters, since trained crews are onboard to handle navigation, hospitality, and safety. This pattern highlights the Middle East and Africa's rise to prominence as a luxury yacht charter destination, providing the ideal fusion of extravagance, exploration, and friendliness amidst some of the most breathtaking natural settings on earth. The yacht charter industry is positioned for continuing growth and innovation as the region continues to draw affluent tourists, offering unmatched opportunities.

• According to Cognitive Market Research, the GCC Countries Yachts Charter market size was valued at USD 167.02 million in 2024 and is projected to grow at a CAGR of 6.7% during the forecast period. Yachts Charter sales flourish in the GCC Countries due to the region's strategic investments in yachts.
• The Egypt Yachts Charter market is projected to witness growth at a CAGR of 6.2% during the forecast period with a market size of USD 40.98 million in 2024.
• The South Africa Yachts Charter market is projected to witness growth at a CAGR of 6.9% during the forecast period with a market size of USD 61.66 million in 2024. Yachts Charter sales flourish in the South Africa due to the region's strategic investments in yachts.
• The Turkey Yachts Charter market is projected to witness growth at a CAGR of 5.4% during the forecast period with a market size of USD 33.56 million in 2024.
• The Nigeria Yachts Charter market is projected to witness growth at a CAGR of 5.0% during the forecast period with a market size of USD 40.98 million in 2024.
• The Rest of MEA Yachts Charter market is projected to witness growth at a CAGR of 4.9% during the forecast period with a market size of USD 46.05 million in 2024.

 

Yachts Charter Market Analysis

Yachts Charter Market Yacht Type Segment Analysis

According to Cognitive Market Research, Motor Yacht held the major market share over the forecast period. In the yacht charter market, the motor yacht segment is growing rapidly. Motor yachts provide smooth, luxurious, and comfortable travel for those looking for extravagant seafaring experiences. Families and business groups alike are drawn to motor boats because of their adaptability and array of facilities. This expansion results from the growing desire for upscale, individualized boating experiences.

Sailing Yachts is the fastest-growing category over the forecast period. Within the yacht charter market, the sailing yacht sector is growing. Sailing yachts provide a distinctive fusion of luxury and adventure, making them perfect for individuals seeking a more conventional and environmentally conscious sailing experience. Sailing yachts draw discriminating tourists who want to experience the tranquility of wind-powered travel on wide waters while exploring picturesque coasts and far-off locations. They do this through their elegant design and environmentally aware appeal.

Motor Yacht

• Planing
• Catamaran
• Trimaran

Sailing Yacht

• Sloop
• Schooner
• Catamaran
• Ketch

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Yachts Charter Industry. Request a Free Sample PDF!

Yachts Charter Market Application Segment Analysis

According to Cognitive Market Research, Vacation/Leisure holds a prominent market share. The boat charter market is expanding thanks largely to the travel and leisure sector. Yacht charters provide the ideal fusion of luxury and adventure, which travelers are increasingly prioritizing. For discerning travelers seeking unmatched leisure experiences, yacht charters offer a luxurious and customizable means to explore scenic destinations, whether for family vacations, romantic getaways, or corporate retreats. These trips make great memories.

Sailing is the fastest-growing category over the forecast period. The yacht charter industry is expanding due largely to sailing's ability to attract eco-aware and genuine maritime experiences. Many tourists are drawn to sailing because of its unique combination of tradition, adventure, and sustainability. A sailing charter is a special chance to get in touch with nature, discover far-off places, and savor the romance of sailing across serene coastal waters or the ocean.

• Vacation/Leisure
• Sailing
• Others

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Yachts Charter Consumer Type Segment Analysis

According to Cognitive Market Research, Corporate held the major market share over the forecast period. The market for luxury boat charters is growing due to corporate entities using them for team-building exercises, retreats, and corporate events. A distinctive and unforgettable experience may be had by hosting meetings, networking events, and client entertainment on a yacht rental, which offers a chic and exclusive space. This pattern indicates a rising understanding of the benefits of abundant maritime environments for cultivating fruitful commercial partnerships and recognizing organizational accomplishments.

Retail is the fastest-growing category over the forecast period. The market for boat charters is expanding due in part to the retail industry, as more and more luxury businesses use yacht charters for VIP experiences, product debuts, and promotional events. Retailers may exhibit items, interact with customers, and create memorable brand experiences using boat charters as a distinctive and elegant platform. This pattern highlights how experiential marketing is becoming increasingly important in retail.

Corporate

Retail

• Individual
• Family/Group
• Couple

• Corporate
• Retail

Yachts Charter Yacht Length Segment Analysis

According to Cognitive Market Research, Up to 20 ft held the major market share over the forecast period. The market for boat charters is expanding due to the up to 20-foot segment, which appeals to individuals and small groups looking for personal and reasonably priced marine experiences. These smaller boats are perfect for exploring coastal regions and secret coves because they are agile, easily accessible to shallow waters, and have minimal operating costs. The increasing demand for more individualized and easily available yacht charter choices is reflected in this trend.

20 to 50 ft is the fastest-growing category over the forecast period. Travelers looking for cost, comfort, and versatility are drawn to the 20 to 50-foot yacht charter segment, which is seeing significant development in the industry. Compared to smaller boats, these mid-sized yachts have more range, amenities, and room for small parties or families. This pattern indicates a rising desire for more roomy and adaptable yachts across a wide range of yacht charter choices.

• Up to 20 ft
• 20 to 50 ft
• Above 50 ft

Yachts Charter Contract Type Segment Analysis

According to Cognitive Market Research, Bareboat Charter held the major market share over the forecast period. Travelers' desire for freedom and independence in their nautical experiences propels growth in the yacht charter market, particularly in the bareboat charter segment. Bareboat charters, which give you the freedom to sail alone without a crew, are popular among seasoned sailors and travelers who want to see the world at their speed. This pattern indicates a rising need for independent and adaptable boat rental experiences.

Crewed Charter is the fastest-growing category over the forecast period. The market for boat charter is expanding due to the crewed charter segment, which is driven by travelers' preference for individualized attention, convenience, and elegance. A seamless and luxurious experience is provided for discerning clients on crewed charters, with trained crews on board to manage navigation, hospitality, and safety. This pattern illustrates the rising demand from customers looking for the ultimate in comfort and enjoyment on the water for hassle-free, all-inclusive yacht rental alternatives.

• Bareboat Charter
• Crewed Charter

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

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Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

Author's Conclusion