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According to a new market research report published by Credence Research 鈥淵acht Charter聽Market聽(Yacht Type 鈥?Sailing Yacht and Motor Yacht; Yacht Size 鈥?Small (Upto 30m), Medium (30 to 60m) and Large (Above 60m); Contract Type 鈥?Bareboat Yacht Charter and Crewed Yacht Charter) 鈥?Growth, Future Prospects and Competitive Analysis Scottie Pippen Big Tall Jersey , 2018 – 2026鈥? the global yacht charter market is set to expand with a CAGR of 5.4% throughout the forecast period to reach US$ 15.86 Bn by 2026.
Browse the full report at聽
Market Insights
The yacht charter market growth is highly driven due to increasing interest in luxury cruising from high net worth and ultra-high net worth individuals (UHNWI) worldwide. With more than 200,000 households falling under ultra-high net worth category, yacht charter has been gaining immense popularity since the past few years. Similarly Toni Kukoc Big Tall Jersey , according to 2017 World Health Report by Capgemini, the total number high net worth individuals (HNWI) worldwide increased by nearly 8% to a record-breaking 16.5 Mn. This has ensured a promising consumer base for yacht charter services worldwide.
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