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    Pontoon Boat Market Size, Share & Forecast (2018-2023)

    Pontoon Boat Market Size, Share & Forecast (2018-2023)
    Report code - SRCG109 Published On : Oct,2018 No. of Pages: 228

    Pontoon Boat Market Size, Share, Trend, Forecast, & Comp See more...

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    Pontoon Boat Market Insights

    The global pontoon boat market size is projected to depict an impressive growth rate over the next five years to reach an estimated value of US$ 3,638.8 million in 2023. Increasing new boat sales, versatile usage of pontoon boats, advancement in the boat engine technology, and higher affordability of pontoon boats are some of the major factors mushrooming the demand for pontoon boats globally.

    There is a growing trend of family outing, partying, as well as fishing activities on pontoon boats over other boats. Having wide-open deck space in pontoon boats as compared to V-hull boats of similar length give them excellent comfort. They are also easier to get in and out from docks, making them a reliable boat type for consumers as well as for commercial-renting purposes.

    Pontoon Boat Market Share Analysis

    Insights by Application Type

    The market is segmented based on the application type as family-fun pontoon, fishing pontoon, cruising pontoon, watersports pontoon, and others. Family-fun pontoon is expected to remain the growth engine of the market during the forecast period of 2018 to 2023, driven by an increased preference of pontoon boats by families for fun over other boats, increasing trend of family outing, and affordability of pontoon boat.

    Insights by Type of Inflators

    Based on the tube type, the market is segmented as two-tube pontoon and three-tube pontoon. Two-tube pontoon boat is expected to remain the larger segment of the market during the forecast period, whereas three-tube pontoon boat is expected to witness a higher growth in the same period.

    Regional Insights

    In terms of regions, North America currently is the leading pontoon boat market with the USA being the major driver. The region is likely to remain the key growth engine of the global market over the next five years as well. Most of the major pontoon boat manufacturers have an excellent presence in the region to cater to the growing market potential. Asia-Pacific also holds a considerable share in the market and is likely to grow at an impressive rate in the coming five years. Australia and New Zealand are the key markets in the region.

    Key Players

    The supply chain of this market comprises raw material suppliers, component manufacturers, pontoon boat manufacturers, distributors, and end users. Some of the key pontoon boat manufacturers are Polaris Industries Inc., White River Marine Group, Forest River Inc., Brunswick Corporation, and Avalon pontoon boats. Development of high-performance pontoon boats, expansion of distribution network, regional expansion, and execution of mergers & acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.

    Research Methodology

    For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.

    Market Scope & Segmentation

    Pontoon boat is a flat-deck boat containing two or more floating hulls or tubes typically powered by an outboard engine. They generally have either square or rectangular shapes, which makes them less suitable for choppy or rough water; however, they are widely preferred in lakes where they are used for varied functions, such as entertainment, fishing, and lounging. These boats have large deck space, which adds more seating space, luxury, comfort, extra storage space, and additional room for various activities as per users’ interest.

    Research Scope

    Trend & Forecast Period

    2012-2023

    Size in 2023

    US$ 3,638.8 million

    Forecast

    7.3% CAGR during 2018-2023

    Regions Covered

    North America, Europe, Asia-Pacific, Rest of the World

    Countries Covered

    US, Canada, Mexico, Germany, Switzerland, The UK, Spain, Australia, New Zealand, China, Latin America, The Middle East and Others

    Figures & Tables

    >150

    Customization

    Up to 10% customization available free of cost

     

    The market is segmented in the following ways:

    Pontoon Boat Market Size, Share & Forecast by Application Type:

    • Family-Fun Pontoon
    • Fishing Pontoon
    • Cruising Pontoon
    • Watersports Pontoon
    • Others

    Pontoon Boat Market Size, Share & Forecast by Tube Type:

    • Two-Tube Pontoon
    • Three-Tube Pontoon

    Pontoon Boat Market Size, Share & Forecast by End-Use Type:

    • Private
    • Commercial

    Pontoon Boat Market Size, Share & Forecast by Size Type:

    • <20 Feet Pontoon Boats
    • 20-24 Feet Pontoon Boats
    • >24 Feet Pontoon Boats  

    Pontoon Boat Market Size, Share & Forecast by Region:

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, Switzerland, The UK, Spain, and RoE)
    • Asia-Pacific (Country Analysis: Australia, New Zealand, China, and Rest of Asia-Pacific)
    • Rest of the World (Country Analysis: Latin America, The Middle East, and Others)

    Report Features

    This report, from Stratview Research, studies the pontoon boat market over the trend period from 2012 to 2017 and the forecast period from 2018 to 2023 both in terms of value and units. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

     


    A bird's eye view of the Pontoon Boat Market

    What will be the size of the Pontoon Boat Market in the foreseeable years?

    Driven by a number of factors Increasing new boat sales, the pontoon boat market size is projected to reach an estimated value of US$ 3,638.8 million in 2023.

    Which country/region is expected to remain the leading Pontoon Boat Market?

    In terms of regions, North America currently is the leading pontoon boat market with the USA being the major driver. The region is likely to remain the key growth engine of the global market over the next five years as well.

    Which type of application is expected to remain dominant?

    Family-fun pontoon is expected to remain dominant application type during the forecast period of 2018 to 2023.

    Who are the key players in the pontoon boat market?

    Polaris Industries Inc., White River Marine Group, Forest River Inc., Brunswick Corporation, and Avalon pontoon boats. are among the key players in the Pontoon Boat Market.

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