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North America is the largest yacht market in the world followed by Europe.
However, the market for yachts in Asia Pacific is the fastest growing. The
market for yachts holds good future prospects in the Asia pacific region and
within the region, China is witnessing maximum growth as a result of
continuously increasing demand for yachts. China is turning out to be a
preferred destination for yacht manufacturing because of easy availability of
labor and low cost of raw materials. The manufacturing cost for yachts in China
is 20-30% economical than European and North American countries. Increasing
number of High Net Worth Individuals in the country, rising international demand
of yachts, favorable policies aimed at easy registration of yachts are likely to
drive the market for yachts in China over the coming years.
According to ‘China Yacht Market Forecast & Opportunities, 2017’, the Yacht
market in China is expected to grow at a compound annual growth rate of over 13%
during 2012-2017. Eastern provinces in China accounts for the maximum sales of
yacht market followed by Northern region. Chinese consumer prefers to buy yachts
which are not too expensive because of which the market for small and medium
yachts in flourishing in China while the demand for large yachts is still
limited. Shanghai Double Happiness and Sunbird Yachts are among the largest
yacht players in China. The industry is also witnessing entry of new yachts such
as hybrid yachts and solar yachts. The market for yachts in China is also being
driven because of increasing yacht clubs and marinas in the country which
promote the growth of yachting activities, water sports, yacht charting etc.
“China Yacht Market Forecast & Opportunities, 2017” report elaborates following
• Global Yacht Market Outlook
• China Yacht Market Size, Share & Forecast
• China Yacht Market Segmental Analysis
• Policy & Regulatory Landscape
• Changing Market Trends & Developments
• Competitive Landscape & Strategic Recommendations
Why You Should Buy This Report
• To gain an in-depth understanding of China yacht market
• To identify the on-going trends and anticipated growth in the coming years
• To help industry consultants, yacht manufacturers and dealers to align their
• To obtain research based business decision and add weight to presentations and
• To gain competitive knowledge of leading players
• To avail 10% customization in the report without any extra charges and get the
research data or trends added in the report as per the buyer’s specific needs
The information contained in this report is based upon both primary and
secondary sources. Primary research included interviews with yacht
manufacturers, distributors and industry personnel. Secondary research included
an exhaustive search of more than 3000 paid databases such as newspapers,
websites, company annual reports and proprietary databases.
1. Executive Summary
2. Global Yacht Market Outlook
2.1. Market Size & Forecast
2.1.1. By Volume
2.1.2. By Value
2.2. Market Share & Forecast
2.2.1. By Region
3. China Yacht Market Outlook
3.1. Market Size & Forecast
3.1.1. By Volume
3.1.2. By Value
3.2. Market Share & Forecast
3.2.1. By Region
3.2.2. By Segment
4. Policy and Regulatory Landscape
5. Market Trends and Developments
5.1. Solar Yacht
5.2. Yacht Clubs
5.3. Hybrid Motor Yachts
5.4. Support Yacht
6. Market Dynamics
7. Industry Risk Analysis
8. Raw Material Analysis
9. China Economic Outlook
10. Competitive Landscape
10.1. Porter’s Five Forces Model
10.2. Leading Company Profiles
10.2.1. Sunbird Yachts Co. Ltd.
10.2.2. Shanghai Double Happiness Yacht Co. Ltd.
10.2.3. Guangdong Jianglong Shipbuilding Co. Ltd.
10.2.4. Weihai Zhongfu Xigang Ship Co.
10.2.5. Longkou Conglin Aluminum Alloy Boat Co.
10.2.6. Xiamen Hansheng Yacht Company Limited
10.2.7. Changzhou FRP Shipyard
10.2.8. Raffles Yacht
10.2.9. Jet Tern
10.2.10. Kingship Marine
11. Strategic Recommendations
12. Research Methodology
List of Figures
Figure 1: Global Yacht Market Size, By Volume, 2008-2011 (Units)
Figure 2: Global Yacht Market Size, By Volume, 2012E-2017F (Units)
Figure 3: Global Yacht Market Size, By Value, 2008-2011 (USD Billion)
Figure 4: Global Yacht Market Size, By Value, 2012E-2017F (USD Billion)
Figure 5: Global Yacht Market Share, By Region, By Volume, 2012E
Figure 6: Global Yacht Market Share, By Region, By Volume, 2017F
Figure 7: China Yacht Market Size, By Volume, 2008-2011 (Units)
Figure 8: China Yacht Market Size, By Volume, 2012E-2017F (Units)
Figure 9: China Yacht Market Size, By Value, 2008-2011 (USD Million)
Figure 10: China Yacht Market Size, By Value, 2012E-2017F (USD Million)
Figure 11: China Yacht Market Share, By Region, By Volume, 2012E
Figure 12: China Yacht Market Share, By Region, By Volume, 2017F
Figure 13: China Yacht Market Share, By Segment, By Value, 2012E
Figure 14: China Yacht Market Share, By Segment, By Value, 2017F
Figure 15: Luxury Goods Ranking by Countries, By Value, USD Billion, 2011
Figure 16: China GDP, 2010-2016F (USD Billion)
Figure 17: China GDP Per Capita Growth Rate, 2010-2016F
Figure 18: China GDP Per Capita, 2010-2016F (USD)
Figure 19: China GDP PPP Per Capita, 2010-2016F (USD)
Figure 20: China Inflation (by Consumer Price Index %), 2010-2016F
Figure 21: China Population, 2010-2016F (Million)
Figure 22: China Unemployment Rate (% of labor force), 2010-2016F
Figure 23: China CNY V/S USD Exchange Values: January 1, 2007-2012
Figure 24: China Yacht Industry: Porter’s Five Force Analysis
List of Tables
Table 1: Import Duties & Taxes for Marine Vessels
Table 2: Industry Risk Analysis: China
Table 3: Yacht Raw Material Price Analysis
Table 4: Company Profile: Sunbird Yachts Co. Ltd.
Table 5: Company Profile: Shanghai Double Happiness Yacht Co. Ltd.
Table 6: Company Profile: Guangdong Jianglong Shipbuilding Co.
Table 7: Company Profile: Wehai Zhongfu Xigang Ship Co.
Table 8: Company Profile: Longkou Conglin Aluminum Alloy Boat Co.
Table 9: Company Profile: Xiamen Hansheng Yacht Company Limited
Table 10: Company Profile: Xiamen Hansheng Yacht Company Limited
Table 11: Company Profile: Raffles Yacht
Table 12: Company Profile: Jet Tern
Table 13: Company Profile: Kingship Marine