China Yacht Market Forecast and Opportunities, 2017

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

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