Global Pontoon Boat Market by application type (family-fun pontoon, fishing pontoon, cruising pontoon, water sports pontoon, and others), by tube type (two-tube pontoon and three-tube pontoon), by end-user (private and commercial), by size type (<20 Feet, 20-24 Feet, and >24 Feet). Region-wise (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America) is expected to reach US$ 5.8Bn by 2026, at a CAGR of 10.3% during a forecast period.
Pontoon boat market is mainly driven by growing disposable income, the increasing tendency of recreational activities, and innovative developments in the global tourism industry. Also, there are some restraining factors for the boat market, including labour-intensive manufacturing processes, government rules and regulations regarding environmental safety, and the rising cost of raw materials.
Two-tube pontoon boat is expected to continue the larger segment of the market during the forecast period (2018-2026).
Tow-tube pontoons systems must be trustworthy. As a three-tube pontoon is often larger and heavier, make sure any trailer or vehicle being used to transport the boat is equipped with a proper braking system. Continuously check vehicle’s weight restrictions before towing a pontoon boat.
North America accounts for the largest share of the global pontoon boat market.
North America presently is the leading pontoon boat market with the USA being the major driver. The region is expected 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.
Key players operating on the pontoon boat market are Polaris Industries, Avalon Pontoon Boats, White River Marine Group, Forest River, Brunswick Corporation, Manitou Pontoon Boats, Tahoe, Smoker Craft, Silver Wave, Larson Escape, Crest Marine LLC, JC Triton Marine.
Maximize market research, a Global market research firm with a dedicated team of specialists and data has carried out extensive research about the global pontoon boat market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global pontoon boat market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain global pontoon boat market positioning of competitors.
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