Small Boats Market Driving Forces, Share and Future Projections till 2024
Global Small Boats Market is expected to grow at a CAGR of 7% in the forecast period owing to the flourishing marine sector, rise in average selling prices and increasing interest of public in numerous water sports. Small boats are normally used on inland waterways like lakes, rivers and coastal regions. Increasing disposable income is propelling the growth of travel and tourism activities on a global scale, which is driving the small boats market. Small boats are used in several activities like boat racing, sailing, campaigning, motorized water sports that has affected small boats market positively in the recent years and the growth is expected to continue in future as well. Small boats built with high-quality material and advanced technology can handle a number of marine applications.
★
★
★
★
★
51 views • 4 slides