North America is the largest geographical market for recreactional boats but growth in this market is anticipated primarily in Europe and the Asian Pacific areas. Trends show that higher end and luxury boats will be the area of most market growth in the coming years. The market size listed for 2014 is a forecast based on the source’s research.
Geographic reference: World
Year: 2008 and 2014
Market size: $23.9 Billion and $25.8 Billion respectively
Source: Travel & Leisure Close-Up, January 15, 2010, p. NA
Original Source: Research and Markets