The global leisure boat market size was USD 36.60 billion in 2017. It is expected to expand at a CAGR of 4.3% from 2018 to 2025. Booming tourism sector and rising disposable income of citizens in emerging economies, such as Brazil and China, are some of the key trends escalating market growth. Furthermore, growing participation of people in recreational and competitive boating activities across the globe is estimated to provide an upthrust to the market.
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