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Report Overview

The global yacht charter market stood at a value of around USD 8.54 Billion in 2025. The market is further expected to grow during the forecast period of 2026-2035 at a CAGR of 5.60% to reach USD 14.73 Billion by 2035. Growth is being driven by the increasing inclination towards marine tourism coupled with aspirational living standards.

Key Market Insights:

  • The North America yacht charter market is expected to grow at a CAGR of 13.4% over the forecast period.
  • By country, the yacht charter market in the United States is projected to grow at a CAGR of 13.8% over the forecast period.
  • By size, the medium (30m-50m) category is expected to register a CAGR of 13.6% over the forecast period.
  • By type, motor yachts are anticipated to grow at a CAGR of 13.3% over the forecast period.

Market Size & Forecast:

  • Market Size in 2025: USD 8.54 Billion
  • Projected Market Size in 2035: USD 14.73 Billion
  • CAGR from 2026 to 2035: 5.60%
  • Fastest-Developing Regional Market: North America
2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

Compound Annual Growth Rate

5.6%

Value in USD Billion

2026-2035


*this image is indicative*

Global Yacht Charter Market Report Summary Description Value
Base Year USD Billion 2025
Historical Period USD Billion 2019-2025
Forecast Period USD Billion 2026-2035
Market Size 2025 USD Billion 8.54
Market Size 2035 USD Billion 14.73
CAGR 2019-2025 Percentage XX%
CAGR 2026-2035 Percentage 5.60%
CAGR 2026-2035- Market by Region North America 13.4%
CAGR 2026-2035 - Market by Country USA 13.8%
CAGR 2026-2035 - Market by Country UK 13.1%
CAGR 2026-2035 - Market by Size Medium (30m-50m) 13.6%
CAGR 2026-2035 - Market by Type Motor Yacht 13.3%
Market Share by Country 2025 Australia 1.9%

Increasing Demand for Motor Yachts to Aid the the Global Yacht Charter Industry

Motor yachts are extremely powerful and fast and are capable of covering greater distances in less time. In addition, some notable advantages of motor yacht include enhanced privacy, high aesthetic appeal, and technological advances compared to their counterparts. Motor yachts help reduce crew expenditure as they are easier to operate and do not require prior expertise. Moreover, they are capable of entering shallow places such as in marinas and small bays. Therefore, in the forecast period, motor yachts are likely to attract more customers, thereby propelling the yacht charter industry  growth.

Europe Accounts for a Significant Share in the Market

The market in Europe is being driven by the presence of several luxury yacht charter destinations, coupled with the growing tourism industry in the region. In Europe, the major seas include Atlantic Ocean, the Mediterranean Sea, and Baltic Sea, among others. In addition, the growing interest among the business class population to experience unique and exciting sailing activities is anticipated to aid the market in the forecast period. Moreover, countries like Spain, Greece, Croatia, and Sweden, among others, are marine tourism hot spots, which attract large number of tourists every year.

Yacht Charter Market by Segment

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Yacht Charter: Market Segmentation

Yacht chartering is defined as the practice of renting a yacht for leisure, business, or vacation activities. Yacht charter firms provide convenience to the clients by offering crew, captain, online and offline support, and emergency numbers. Yacht charter eradicates the need for owning a yacht for going out on holidays or for recreational activities.

Based on size, the market can be segmented into:

  • Small (Up to 30m)
  • Medium (30m-50m)
  • Large (Over 50m)

On the basis of type, the market has been divided into:

  • Motor Yacht
  • Sailing yacht
  • Other Yacht

The significant applications included in the market report are as follows:

  • Vacation/ Leisure
  • Sailing
  • Others

The regional markets for yacht charter include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
CAGR 2026-2035- Market by Region
North America 13.4%
Europe 12.7%
Asia Pacific XX%
Latin America XX%
Middle East and Africa XX%

Increasing Inclination towards Marine Tourism and Sea Exploration Activities to Boost the Growth of the Yacht Charter Industry

The global yacht charter industry is being driven by the increasing inclination towards marine tourism and sea exploration activities owing to the rising consumer disposable incomes and increasing standards of living. There is an increase in the number of families opting for leisure trips and vacation. Further, attractive holiday plans being introduced by yacht charter firms are anticipated to aid the market. In addition to this, the growing trend of online booking, which reduces the complexity of documentation and renting process is likely to be a major driving factor for the market in the forecast period. Moreover, the favourable government initiatives aimed at supporting the marine tourism industry are anticipated to provide impetus to the market. Furthermore, the increasing efforts of key industry players to offer advanced and luxurious facilities to their clients to bolster their vocational experience are anticipated to further invigorate the market in the forecast period.

Key Industry Players in the Global Yacht Charter Market

The report gives a detailed analysis of the following key players in the global yacht charter market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Charter Yachts Australia
  • Princess Yachts Limited
  • Sailogy S.A.
  • Yachtico Inc.
  • Northrop & Johnson Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

More Insights On

Yacht Market

Luxury Yachts Market

United States Luxury Yacht Market

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2025, the market attained a value of nearly USD 8.54 Billion.

The market is projected to grow at a CAGR of 5.60% between 2026 and 2035.

The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach about USD 14.73 Billion by 2035.

The major drivers of the market include the increasing popularity of marine tourism and sea exploration activities, growing efforts by the major yacht charter firms to enhance the experience of clients, rising disposable incomes, and increasing awareness about luxury yacht charter destinations.

The changing preference of clients towards online booking, which brings convenience and reduces the complexity of documentation, is expected to be a key trend guiding the growth of the industry.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Small (up to 30m), medium (30m-50m), and large (over 50m) are the major sizes based on which the market has been segmented.

Motor yacht, sailing yacht, and others are the different types considered in the market report.

Vacation/ leisure, and sailing, among others are the different applications of yacht charter.

The major players in the industry are Charter Yachts Australia, Princess Yachts Limited, Sailogy S.A., Yachtico Inc., and Northrop & Johnson Inc., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Size
  • Type 
  • Application 
  • Region
Breakup by Size
  • Small (Up to 30m)
  • Medium (30m-50m)
  • Large (Over 50m)
Breakup by Type 
  • Motor Yacht
  • Sailing Yacht
  • Other Yacht
Breakup by Application 
  • Vacation/ Leisure
  • Sailing
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Charter Yachts Australia
  • Princess Yachts Limited
  • Sailogy S.A.
  • Yachtico Inc.
  • Northrop & Johnson Inc.
  • Others
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