Luxury Yacht Market Forecast to 2028 The luxury yacht market size is expected to grow from US$ 6,076.59 million in 2022 to US$ 10,338.10 million by 2028; it is estimated to grow at a CAGR of 9.3% from 2022 to 2028.
Yachts of at least 75 feet or above are considered luxury yachts. Based on size, they are called mega yachts or superyachts. Based on mode of operation, luxury yachts are bifurcated into sailing and motorized. Increase...