2021 overview of the global yacht charter industry

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Dublin, Jan. 13, 2022 (GLOBE NEWSWIRE) — The report “Yacht Charter Market Report Worldwide 2021 – Extended Expert Analysis of Yacht Charter Market and Agencies based on World’s Largest Scientific Primary Research – Included COVID-19 Impacts and Emerging Trends” has been added to from ResearchAndMarkets.com offer.

This Yacht Charter market report is quite unique and goes far beyond the usual market reports in this industry. First of all, it has been prepared by genuine experts in the yacht charter industry, which means that deep insider know-how has been incorporated.

Second, the content of the report goes much further than the usual standardized list of single numbers. Each section of the report is explained in detail in the context of the real industry and its common practices. Hence, readers can gain a quantitative and qualitative understanding of the yacht charter industry, including market structure, processes, specifics, and dynamics.

As such, this report is indispensable for anyone considering entering the yacht charter industry and/or further development. Indeed, both newcomers and existing players can benefit immensely from the results of this unique research.

Thirdly, this market report contains real primary data from an extensive international questionnaire survey of yacht charter agencies – this is the largest survey of its kind ever conducted in this market! In particular, the author conducted scientific research using a specially designed questionnaire that collected responses from 166 yacht charter companies operating in 43 countries around the world. To complement this method, an in-depth content analysis was also carried out on a larger population of over 980 yacht charter agencies from over 50 countries and 5 continents.

Key ideas:

This report, after presenting the methodology, begins with an overview section of the industry, which is particularly useful for readers who are unfamiliar with the details of the yacht charter industry. Namely, the yacht charter industry is very specific and in many ways non-standard, so it can be very useful to gain a deeper understanding of its main concepts before going any further.

The second section discusses the size and geographical structure of the yacht charter market, in terms of volume and value. This market has a very particular geographical structure, which is quite different from traditional tourism or other related industries. To understand these differences, the most popular yacht charter destinations have been explained and the number of charter yachts in each has been provided. In the last part of this section, the global market value has been calculated and its regional distribution presented. All calculations are explained in a clear and transparent way, so that readers can understand where the real market value comes from.

The third section explains the key characteristics of the major players in the yacht charter market – i.e. the three distinct types of businesses that interact dynamically to make the yacht charter market work. After explaining the role and characteristics of each type of business, some very specific industrial processes have been described.

The fourth section discusses market concentration and market profitability in the yacht charter industry. The results of the investigation on these two subjects were presented, together with the relevant conclusions.

The report then analyzes the geographical distribution of yacht charter agencies, describing developments specific to each major region. This is followed by relevant conclusions, together with an explanation of regional development scenarios, which are particularly useful for considering possible directions of development in emerging markets. Two distinct possible modes of development have been explained.

Then the analysis goes further – towards understanding the very fabric of the yacht charter market. The actual differentiating criteria of active yacht charter agencies have been identified, and for each of the 14 criteria the relevant classification has been provided, including explanation of the underlying business models. This extensive section indeed goes deep into the structures of the market and provides in-depth information needed to understand its dynamics. It provides an overview of the characteristics of various business models, as well as various industry segments, among other details. It also shows the prevalence of different services – nautical and non-nautical – provided by yacht charter agencies. Finally, the section contains relevant examples of external financing obtained by several yacht charter agencies. All in all, by analyzing this particular section, one can dive deep into the diverse and dynamic world of yacht charter agencies.

After summarizing all the dimensions of the classification and their main variations, a yacht charter agency positioning framework has been provided, in which one can visually analyze particular agencies and even compare them. This can be very useful for decision making regarding particular investments and strategies in the market.

The following section discusses the advantages and disadvantages of the various strategic choices in this market and allows easier comparison between relevant business models, as well as easier decision-making on key topics.

Examples of real companies and their approach to the market are provided in the next chapter. Seven distinct business models were presented (which are very relevant in the context of the yacht charter industry), along with the names of the main companies that pursue these models. This is followed by a presentation of several types of emerging business models in the sector, which may be particularly indicative of expected future trends.

A special part of the report is devoted to understanding the impacts of Covid-19, which were dramatic in the 2020 charter season and will no doubt be substantial in the 2021 season as well, but in a different way. This chapter includes, among other information, also the actual statements and opinions of the relevant market participants.

Finally, the report concludes with an overview (and explanation) of possible future business trends and developments in the yacht charter industry.

Main advantages

  • Compiled by real yacht charter experts

  • Based on the world’s largest primary research into the yacht charter industry

  • Provides in-depth information on the yacht charter industry

  • Discover the specificities and real trends of the market

  • Includes topics that go far beyond common market reports

  • Table and graph results are contextually explained by industry experts

  • Contains useful tools for decision making in the yacht charter industry

Main topics covered:

1. Summary

2. Presentation

3. Scope and research methods

4. Yacht Charter Market Overview

  • Yachts and yacht charter

  • Main types of charters

  • Main types of yachts

  • Sailboat rental

  • Motor yacht charter

  • Catamaran rental

  • Charter Gulets

5. Yacht Charter Market Size

  • Top Yacht Charter Destinations

  • European Yacht Charter Destinations

  • US Yacht Charter Destinations

  • Asian destinations and other yacht charter destinations

  • Map of worldwide yacht charter destinations

  • Bareboat and Crewed Yacht Charter Market Size

  • Flexible crew yachts

  • Yacht charter market value

  • Effects of Covid-19 on the Market Value of Yacht Charters

  • Market value of yacht charter by region

  • Yacht charter market growth

6. Yacht charter market participants

  • Charter fleet operators

  • Yacht charter agencies

  • Specialization of yacht charter agencies

  • Central reservation systems

  • Number of reservation systems used

  • Popularity of major reservation systems

  • Common Processes in the Yacht Charter Market

7. Market Concentration and Profitability

8. Worldwide distribution of yacht charter agencies

  • Number of yacht charter agencies by region

  • Main drivers in the region

  • Yacht charter agencies in Europe

  • Main European countries with yacht charter agencies

  • Yacht charter agencies in the Americas

  • Regional distribution of yacht charter agencies in America

  • Yacht Charter Agencies in Asia

  • Yacht charter agencies in the Pacific region

  • Learn more about charter agency locations

  • Regional Development Scenarios

9. Types of Yacht Charter Agencies

  • Criteria for differentiating yacht charter agencies

  • Main types of yacht charter agencies

  • Types by main activity

  • Share of major yacht charter agencies worldwide

  • Main yacht charter agencies by region

  • Types by customer value

  • Share of luxury yacht charter agencies worldwide

  • Luxury yacht charter agencies by region

  • Types by customer location

  • Types by Business Model Purpose

  • Prevalence of digital business models

  • Focus on business model versus customer segments

  • Types by business model logic

  • Share of P2P yacht charter agencies worldwide

  • P2P yacht charter agencies by region

  • Types by level of specialization

  • Types by Charter Destinations

  • Types by boats offered

  • Types by rental duration

  • Types by scope

  • Types by special products

  • Prevalence of special products

  • Types by additional services

  • Prevalence of additional nautical services

  • Prevalence of additional non-nautical services

  • Types by brand approach

  • Prevalence of several yacht charter brands

  • Types by mode of financing

  • Yacht charter agencies with external financing

  • Overview of criteria and types

10. Yacht charter agency positioning framework

11. Advantages and disadvantages of selected business models

  • Advantages and disadvantages of platform models

  • Advantages and disadvantages of specialization

  • Advantages and disadvantages of several brands

  • Advantages and disadvantages of additional services

12. Interesting profiles, features and examples

  • Example 1: High success with the flotilla concept

  • Example 2: Regatta agency concept

  • Example 3: Personal contact agencies

  • Example 4: Hybrid P2P platforms

  • Example 5: Pure P2P Models

  • Example 6: Universal Digital Yacht Charter Agencies

  • Example 7: Full Service Luxury Yachting Agencies

13. New types of emerging agencies

  • Example of emergent pattern 1

  • Example of emergent pattern 2

  • Example of emergent model 3

14. Key trends and opportunities

  • Understanding the impacts of Covid-19

  • Impacts on the 2020 season

  • Impacts on the 2021 season and beyond

  • Specific regional impacts

  • Market Specific Adjustments

  • Expected industry trends

For more information about this report visit https://www.researchandmarkets.com/r/of0e9q

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
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