Global Industry Analysis Of The Yacht Charter Market

Future Market Insights expects that over the next decade, affluent consumers in the developed markets will continue to adapt boating and sailing vacations to sustain the demand for yacht charter. One of the most sought after trends will be the cooperation between online yacht charter service providers and leading airline companies.

Young travellers are more inclined towards sailing holidays and this is driving the demand for yacht charters. Yacht charter providers must make it easy and convenient for young travellers to search for sailing vacations by being accessible through mobile. Providers must also provide discounts when large yachts are booked by a group of families or friends.

The motor yacht segment will continue to dominate the market with over 78% share in 2026 and will account for revenues amounting to $690 million by the end of the forecast period. Meanwhile, the sailing yacht segment is identified to grow at a higher rate during the decade. The main factors that consumers will take into account in yacht charter will be posh interior design and comfort. However, charter providers must not overlook the importance of eco-friendly and fuel efficient yachts.

On the basis of yacht type, the medium yacht segment (30m to 50m) will continue with its dominance with over 60% market value share in 2026. The trend will be followed by the small size yacht segment of up to 30m. Through 2026, the large yacht segment which is over 50m will continue to gain limited traction. Large and medium yacht charters will be preferred for group holidays with booking discounts while families and couples are expected to charter the small and medium yachts for their sailing vacations.

In terms of region, Europe will continue to dominate the market with about 70% share of the total revenues in 2026.  A close second is North America. The Middle East yacht charter market is expected to demonstrate a higher CAGR over the assessed period.

On the other hand, sailing is not exclusive to the affluent because Far Away Yachting offers sailing vacations for the most affordable prices. Sailing vacations are guaranteed as fun and exciting experiences that are different from the traditional entertainment offered in a hotel resort.