Leisure Boats (or pleasure boat) is a boat used for personal, family, and sometimes sports recreation. Such watercraft is divided into two main categories: motorboats and Sailboats There are also rowboats and canoes.
In this report, the sales market for leisure boats was divided into five geographic regions. North America occupied the largest sales market share with 56% in 2020. It is followed by Europe.
The Asia Pacific is expected to be the fastest-growing market over the forecast period owing to the awareness of sea leisure. This can primarily be attributed to the considerable China market, which contributes significantly to global volume as well as revenue generation.