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Written by 25 May 2021 | 09:45 (UTC) A buzz topic in the superyacht industry as of late is that the superyacht market in Asia has been booming. Claims of increased superyacht sales and a growing enthusiasm for yachting has led to what some are calling a ‘boom’. Curious about the true current state of the Asian yachting market, Kayla Dowling of SuperYacht Times spoke to yachting professionals across the vast region to unpack the current sentiment. Photo: Manson YimOur first finding is that data from our intelligence system SYT iQ supports the general trend that there is an overall increase of sales in the Asian yacht market at the moment. This upward trend is occurring at two different ends. The first is new builds by shipyards in countries such as Taiwan and China, who are expanding their market share from a collective 6% to a combined 10% between 2019 and 2020. ....