Tag Archives: Marine tourism

Luxury Yacht Market Seen Reaching $12.8 Billion by 2031, with Mid-Size Boats Leading Demand

Luxury Yacht Market Seen Reaching 12.8 Billion by 2031 with Mid Size Boats Leading Demand | Luxury Yacht Market Seen Reaching $12.8 Billion by 2031, with Mid-Size Boats Leading Demand

A new Allied Market Research report says the luxury yacht market could grow to $12.8 billion by 2031, with the 75 to 120 foot category leading the pack and Europe holding about two-thirds of the market by volume in 2020.