How big is the Boat Rental Market?

The Boat Rental Market size is expected to reach USD 16.01 billion in 2024 and grow at a CAGR of 5.35% to reach USD 20.78 billion by 2029. Read More

What is the current Boat Rental Market size?

In 2024, the Boat Rental Market size is expected to reach USD 16.01 billion. Read More

Who are the key players in Boat Rental Market?

GetMyBoat, Nautal, Sailo Inc., Boatsetter and Zizooboats Gmbh are the major companies operating in the Boat Rental Market. Read More

Which is the fastest growing region in Boat Rental Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Boat Rental Market?

In 2024, the Europe accounts for the largest market share in Boat Rental Market. Read More

What years does this Boat Rental Market cover, and what was the market size in 2023?

In 2023, the Boat Rental Market size was estimated at USD 15.15 billion. The report covers the Boat Rental Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Boat Rental Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Boat Rental Service - Market Size

Boat Rental Service Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Boat Rental Service Market Report is Segmented by Boat Type (Yacht, Sailing Boat, Catamaran, Motorboat, and Other Boat Types), Power Source (IC Engine and Electric), Activity Type (Fishing, Sailing, and Other Activity Types), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Offers Market Size and Forecasts in Terms of Value (USD) for all the Above Segments.

Boat Rental Service Industry Overview

The boat rental market is moderately fragmented and has several active players. The market is also witnessing the emergence of many new start-ups. Some of the major players in the market are GetMyBoat, Sailo Inc., Nautal, and Boatsetter. The companies in the market are expanding their presence by launching services, acquiring other market participants, increasing their boat counts, and tapping into new and unexplored markets. For instance,

In February 2023, Skipperi raised EUR 7 million (USD 7.59 million) in a series A funding round to make boating more accessible. The new investment will be utilized to expand Skipperi's operations into Australia and the United States, further expanding its reach and catering to the growing demand for boat rentals in these regions. This move was a strategic step for Skipperi to establish itself as a leading player in the global boat rental market.
In August 2022, Boatsetter, a boat rental company, secured USD 38 million in a funding round. As a highly capital-intensive industry, this infusion of funds is crucial for Boatsetter to sustain its operations and achieve long-term profitability. The platform offers over 50,000 boats in more than 700 locations across popular destinations such as Miami, Chicago, Seattle, and San Francisco. This expansion in availability is a testament to the growing demand for boat rentals in the region.
In August 2022, boat rental platform BoatHoist announced that it was expanding into France, offering customers access to a range of boats for hire across the country. The company aims to provide a more affordable and convenient alternative to traditional boat rental companies.
In February 2022, Yanmar Holdings acquired GetMyBoat, a boat rental company. The acquisition was a part of the former company's USD 21 million funding round, and after the acquisition, GetMyBoat was expected to operate as a separate entity.