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Increasing Interest in Leisure Activities Across Asia Pacific to Boost Global Yacht Charter Market, Says Fairfield Market Research

Increasing Interest in Leisure Activities Across Asia Pacific to Boost Global Yacht Charter Market, Says Fairfield Market Research
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Travel & Tourism | USPRwire

Global Yacht Charter market has been segmented on the basis of region, product type, consumer type and consumer spending by yacht size. This section includes FMIs analysis of the key trends, drivers and restraints from the supply and demand side which are influencing the yacht charter market. Impact analysis of key growth drivers and restraints, is included in the yacht charter market report to better equip and arm clients with crystal clear decision-making insights. ....

Global Yacht Charter , உலகளாவிய படகு சாசனம் ,

Insights on the Yacht Charter Global Market to 2028 - Impact Analysis of COVID-19

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The global Yacht charter market was valued at US$ 10.91 Bn in 2019 witnessing a steady growth in the recent years.
However, with the onset of the COVID-19 pandemic, almost all operations in the yacht charter market were halted due to severe lockdown restrictions and lack of tourism. Thereby, the overall global yacht charter market witnessed a decline of about 85% in 2020, accounting to only US$ 1.63 Bn in terms of market value. However, with easing lockdown restrictions in most countries coupled with resumption of the overall tourism industry, the yacht charter market is expected to steady reach pre-COVID-19 levels by 2022. On account of the significant drop in 2020 and estimated quick recovery in 2021 and 2022, the global yacht charter market is expected to bounce back with a CAGR of 25.6% during the forecast period from 2020 to 2028. ....

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