Deck Boat Market is predicted to reach USD 5.748 billion at a CAGR of 7.90% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Deck Boat Market”.

The Deck Boat market is estimated to register a CAGR of 7.90% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Deck Boat market— Correct Craft, MasterCraft Boat Holdings, Malibu Boats, Yamaha Marine, Glastron, Southwind Boats, Stingray Boats, Monterey Boats, Chaparral, Sea Ray.

Market Highlights

The global Deck Boat market is accounted to register a CAGR of 7.90% during the forecast period and is estimated to reach USD 5.748 billion by 2032.

The deck boat market is witnessing notable growth driven by a rising consumer preference for versatile and family-friendly boating experiences. Deck boats stand out for their spacious layouts, multiple seating options, and amenities that cater to a diverse range of recreational activities, attracting families and boating enthusiasts alike. Manufacturers are responding to this demand by introducing innovative designs, enhanced performance features, and multifunctional spaces, contributing to the overall market dynamism.

Segment Analysis

The global Deck Boat market has been segmented based on product type, application and power source.

On the basis of product type, the market is segmented into Single Decked Boat, Double Decked Boat and Others. The single decked boat segment was attributed to holding the largest market share in 2022, due to their emphasis on simplicity, versatility, and ease of use.

Based on application, the global Deck Boat market has been segmented into Wakeboard, Fishing, Wakesurf, and Others. The wakeboard segment was expected to hold the largest market share in 2022, as it is increasingly designed and equipped to cater specifically to wakeboarding enthusiasts.

Based on power source, the global Deck Boat market has been segmented into Internal Combustion Engine and Electric. The internal combustion engine segment was expected to hold the largest market share in 2022, due to their reliability, affordability, and widespread availability.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Deck Boat Market Research Report

Regional Analysis

The global Deck Boat market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Deck Boat market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Deck Boat market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Deck Boat market comprises of Middle East, Africa, and Latin America.

The largest market share for Deck Boat was maintained by the North American regional sector. This increase is attributed to a strong consumer demand for versatile and family-oriented boating experiences, with deck boats offering spacious layouts and amenities conducive to various recreational activities. The region's extensive water bodies, including lakes, rivers, and coastal areas, contribute to the popularity of deck boats as ideal vessels for diverse boating adventures. Additionally, manufacturers in North America continually innovate by introducing features like enhanced performance capabilities and entertainment options.

Moreover, the Europe market has been persistently growing over the forecast period. The demand for Deck Boat is driven by a growing demand for versatile and social boating experiences, with consumers seeking vessels that offer spacious layouts, comfortable seating, and amenities suitable for leisurely cruises and water-based activities.

Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period due to the region's growing affluence and a rising interest in recreational boating, particularly among families and leisure enthusiasts. The versatility of deck boats, offering ample space for socializing, water sports, and other on-water activities, aligns with the preferences of the increasingly affluent and lifestyle-oriented consumer base in Asia Pacific, fueling the demand for these adaptable and family-friendly watercraft.

Furthermore, the rest of the world's Deck Boat market is divided into the Middle East, Africa, and Latin America. This growth is attributed to a growing interest in recreational boating, particularly among affluent consumers seeking luxurious and versatile watercraft for leisure activities. Government support, a rise in investor interest, and the viability of the technology in the sector are all contributing factors to the market expansion.

Key Findings of the Study

• The global Deck Boat market is expected to reach USD 5.748 billion by 2032, at a CAGR of 7.90% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the region's growing affluence, increased interest in recreational boating, and a rising demand for versatile and family-oriented watercraft offering a diverse range of on-water activities.


• Based on power source, the internal combustion engine segment was attributed to holding the largest market in 2022, with an approximate market share of 70-80%.


• Correct Craft, MasterCraft Boat Holdings, Malibu Boats, Yamaha Marine, Glastron, Southwind Boats, Stingray Boats, Monterey Boats, Chaparral, Sea Ray.