Report Description

North America is the largest yacht market in the world followed by Europe. However, the market for yachts in Asia Pacific is the fastest growing. The market for yachts holds good future prospects in the Asia pacific region and within the region, China is witnessing maximum growth as a result of continuously increasing demand for yachts. China is turning out to be a preferred destination for yacht manufacturing because of easy availability of labor and low cost of raw materials. The manufacturing cost for yachts in China is 20-30% economical than European and North American countries. Increasing number of High Net Worth Individuals in the country, rising international demand of yachts, favorable policies aimed at easy registration of yachts are likely to drive the market for yachts in China over the coming years.

According to ‘China Yacht Market Forecast & Opportunities, 2017’, the Yacht market in China is expected to grow at a compound annual growth rate of over 13% during 2012-2017. Eastern provinces in China accounts for the maximum sales of yacht market followed by Northern region. Chinese consumer prefers to buy yachts which are not too expensive because of which the market for small and medium yachts in flourishing in China while the demand for large yachts is still limited. Shanghai Double Happiness and Sunbird Yachts are among the largest yacht players in China. The industry is also witnessing entry of new yachts such as hybrid yachts and solar yachts. The market for yachts in China is also being driven because of increasing yacht clubs and marinas in the country which promote the growth of yachting activities, water sports, yacht charting etc. “China Yacht Market Forecast & Opportunities, 2017” report elaborates following particulars:

  • Global Yacht Market Outlook
  • China Yacht Market Size, Share & Forecast
  • China Yacht Market Segmental Analysis
  • Policy & Regulatory Landscape
  • Changing Market Trends & Developments
  • Competitive Landscape & Strategic Recommendations

Why you should buy this report

  • To gain an in-depth understanding of China yacht market
  • To identify the on-going trends and anticipated growth in the coming years
  • To help industry consultants, yacht manufacturers and dealers to align their market-centric strategies
  • To obtain research based business decision and add weight to presentations and marketing materials
  • To gain competitive knowledge of leading players
  • To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs

Report Methodology 

The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with yacht manufacturers, distributors and industry personnel. Secondary research included an exhaustive search of more than 3000 paid databases such as newspapers, websites, company annual reports and proprietary databases.

Table of content

1. Executive Summary

2. Global Yacht Market Outlook

2.1. Market Size & Forecast

2.1.1. By Volume

2.1.2. By Value

2.2. Market Share & Forecast

2.2.1. By Region

3. China Yacht Market Outlook

3.1. Market Size & Forecast

3.1.1. By Volume

3.1.2. By Value

3.2. Market Share & Forecast

3.2.1. By Region

3.2.2. By Segment

4. Policy and Regulatory Landscape

5. Market Trends and Developments

5.1. Solar Yacht

5.2. Yacht Clubs

5.3. Hybrid Motor Yachts

5.4. Support Yacht

6. Market Dynamics

6.1. Drivers

6.2. Restraints

7. Industry Risk Analysis

8. Raw Material Analysis

9. China Economic Outlook

10. Competitive Landscape

10.1. Porter’s Five Forces Model

10.2. Leading Company Profiles

10.2.1. Sunbird Yachts Co. Ltd.

10.2.2. Shanghai Double Happiness Yacht Co. Ltd.

10.2.3. Guangdong Jianglong Shipbuilding Co. Ltd.

10.2.4. Weihai Zhongfu Xigang Ship Co.

10.2.5. Longkou Conglin Aluminum Alloy Boat Co.

10.2.6. Xiamen Hansheng Yacht Company Limited

10.2.7. Changzhou FRP Shipyard

10.2.8. Raffles Yacht

10.2.9. Jet Tern

10.2.10. Kingship Marine

11. Strategic Recommendations

12. Research Methodology

Figures and Tables

List of Figures

Figure 1: Global Yacht Market Size, By Volume, 2008-2011 (Units)

Figure 2: Global Yacht Forecasted Market Size, By Volume, 2012E-2017F (Units)

Figure 3: Global Yacht Market Size, By Value, 2008-2011 (USD Billion)

Figure 4: Global Yacht Market Size, By Value, 2012E-2017F (USD Billion)

Figure 5: Global Yacht Market Share, By Region, By Volume, 2012E

Figure 6: Global Yacht Market Share, By Region, By Volume, 2017F

Figure 7: China Yacht Market Size, By Volume, 2008-2011 (Units)

Figure 8: China Yacht Market Size, By Volume, 2012E-2017F (Units)

Figure 9: China Yacht Market Size, By Value, 2008-2011 (USD Million)

Figure 10: China Yacht Market Size, By Value, 2012E-2017F (USD Million)

Figure 11: China Yacht Market Share, By Region, By Volume, 2012E

Figure 12: China Yacht Market Share, By Region, By Volume, 2017F

Figure 13: China Yacht Market Share, By Segment, By Value, 2012E

Figure 14: China Yacht Market Share, By Segment, By Value, 2017F

Figure 15: Luxury Goods Ranking by Countries, By Value, USD Billion, 2011

Figure 16: China GDP, 2010-2016F (USD Billion)

Figure 17: China GDP Per Capita Growth Rate, 2010-2016F

Figure 18: China GDP Per Capita, 2010-2016F (USD)

Figure 19: China GDP PPP Per Capita, 2010-2016F (USD)

Figure 20: China Inflation (by Consumer Price Index %), 2010-2016F

Figure 21: China Population, 2010-2016F (Million)

Figure 22: China Unemployment Rate (% of labor force), 2010-2016F

Figure 23: China CNY V/S USD Exchange Values: January 1, 2007-2012

Figure 24: China Yacht Industry’s Porter’s Five Force Analysis

 

List of Tables

Table 1: Import Duties & Taxes for Marine Vessels

Table 2: Industry Risk Analysis: China Yacht Market

Table 3: Yacht Raw Material Price Analysis

Table 4: Company Profile: Sunbird Yachts Co Ltd

Table 5: Company Profile: Shanghai Double Happiness Yacht Co Ltd

Table 6: Company Profile: Guangdong Jianglong Shipbuilding Co

Table 7: Company Profile: Zhongfu Xigang Ship Co

Table 8: Company Profile: Longkou Conglin Aluminum Alloy Boat Co

Table 9: Company Profile: Xiamen Hansheng Yacht Company Limited

Table 10: Company Profile: Xiamen Hansheng Yacht Company Limited

Table 11: Company Profile: Raffles Yacht

Table 12: Company Profile: Jet Tern

Table 13: Company Profile: Kingship Marine

Frequently asked questions

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profile

Srishti Verma

Business Consultant
Press Release

China Yacht Market Set to Grow at 13% CAGR during 2012-2017

Dec, 2015

Increasing number of high net worth Individuals, favorable government policies, and low cost of production contributing to the growth of yacht market in China