On the basis of comprehensive research, soft inflatable boat is expected to be the largest segment and it is also expected to witness the highest growth over the forecast period because of low cost, very light weight, and easy to transport. #InflatableBoatMarket, #InflatableMarket, #BoatMarket, #InflatableBoat

1. Inflatable Boat Market Report 2019-2024: Trends,
Forecast and Competitive Analysis
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2. Industry Profiles Snapshot
Major Parameter Description
Market Segments by Floor type Aluminium, Fiberglass, Air mattress, and Others
Market Segments by Boat Type Soft, Rigid
Market Segments by End use
industry
Leisure, Defense, and Others
Market Segments by Region North America, Europe, Asia Pacific and Rest of the World.
Top Companies Name
Zodiac Milpro, Woosung I.B, Brig Rigid Intelligent, AB Inflatable, William Jet
Tender, Hifei Inflatable Boat, Highfeild Boat, Achilles Inflatable Boat and
others.
Trend Growth Rate and CAGR 3.6%
Key Industry Forecast
Inflatable boat is expected to reach an estimated $2.3 billion by 2024 with a
CAGR of 3.6% from 2019 to 2024.
Key Industry Driver
Driver: Rising spending on recreation and leisure activities and increasing
deployment of inflatable boats in maritime security.
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3. Industry Overview
Market Size
• Inflatable boat is expected to reach an
estimated $2.3 billion by 2024 with a CAGR
of 3.6% from 2019 to 2024.
• Emerging trends, which have a direct impact
on the dynamics of the inflatable boat industry,
include increasing demand for synthetic
material to reduce wood in manufacturing of
boat deck and increasing usage of eco-friendly
material in boat manufacturing.
Market Size (2024) $2.3 billion
CAGR (2019-24) 3.6%
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Industry Performance : Forecast