Yacht Charter Market Size to Reach USD 12.69 Billion by 2031, Driven by Rising UHNWI Demand, Digital Bookings, and Mediterranean Regulatory Easing- Mordor Intelligence

Yacht Charter Market Overview 

According to Mordor Intelligence, the yacht charter market size is projected to grow from USD 9.30 billion in 2025 to USD 9.80 billion in 2026 and reach USD 12.69 billion by 2031, registering a CAGR of 5.32% during the forecast period. The yacht charter market forecast reflects steady demand across leisure and corporate segments, supported by rising wealth in Asia and the Middle East, expanding digital booking channels, and regulatory easing in Mediterranean destinations. 

The yacht charter industry serves clients seeking private, leisure, business, and vacation experiences without yacht ownership. Operators provide vessels, crew, curated itineraries, and end-to-end service support. The current yacht charter market growth is shaped by changing travel preferences, where customers seek privacy, customized routes, and flexible charter durations. Increasing access through online platforms is also broadening the customer base, contributing to overall yacht charter market share expansion across regions. 

Yacht Charter Market Trends 

Rising UHNWI Population Expanding First-Time Charters: A major driver of yacht charter market growth is the increasing number of ultra-high-net-worth individuals in Asia and the Middle East. These demographic views yacht charters as both lifestyle experiences and status symbols. Mediterranean operators are witnessing a rise in Asian clientele, influencing onboard amenities and service preferences. 

Digital Booking Platforms Increasing Fleet Utilization: Online marketplaces are reshaping yacht charter market trends in Europe and North America. Digital platforms reduce idle vessel time, improve price transparency, and simplify the booking process. Millennials and younger high-income groups are increasingly booking through online channels rather than relying solely on brokers. 

Experiential Tourism Boosting Catamaran and Sailing Demand: Experiential tourism is influencing vessel preferences within the yacht charter industry. Catamarans are gaining traction due to stability, space, and suitability for island-hopping itineraries, particularly in the Caribbean. Sailing yachts are also benefiting from growing eco-conscious travel choices. 

Mediterranean Regulatory Changes Unlocking Capacity: Regulatory easing in Greece and Croatia is improving operational flexibility within the yacht charter market. Greece’s e-Charter Permission system allows non-EU flagged yachts to charter for limited durations, increasing fleet availability in Mediterranean waters. 

Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/yacht-charter-market?utm_source=industrytoday  

Yacht Charter Market Segmentation 

By Charter Type 

• Bareboat 
• Cabin 
• Crewed  

By Yacht Type 

• Sailing Yacht 
• Motor Yacht 
• Catamaran and Others 

By Yacht Size 

• Less than 24 meters 
• 24 to 40 meters 
• 40 to 60 meters 
• More than 60 meters 

By Booking Channel 

• Broker-Assisted Offline 
• Online Marketplace 

By Charter Duration 

• Daily 
• Weekly 
• Monthly/Seasonal 

By End-User 

• Private and Leisure 
• Corporate and MICE 
• Government and Institutional 

By Geography 

• North America 
• Europe 
• Asia-Pacific 
• South America 
• Middle East and Africa 

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Yacht Charter Market Key Players 

• OceanBLUE Yachts Ltd. 
• Burgess 
• Simpson Marine 
• Northrop and Johnson 
• Dream Yacht Worldwide 

Explore more insights on yacht charter competitive landscape: https://www.mordorintelligence.com/industry-reports/yacht-charter-market/companies?utm_source=industrytoday  

Conclusion 

The yacht charter market forecast remains positive through 2031, supported by rising global wealth, growing digital adoption, and increasing demand for private and experiential travel. While operational challenges such as crew shortages and compliance costs persist, fleet modernization and regulatory improvements are sustaining long-term yacht charter market growth. 

As sustainability expectations rise and online platforms continue to widen access, the yacht charter industry is becoming more diversified in terms of customer base, vessel type, and charter duration. Companies that balance digital presence, tailored service, and environmental responsibility are expected to strengthen their position in the global yacht charter market over the forecast period. 

Get detailed insights on the yacht charter market: https://www.mordorintelligence.com/industry-reports/yacht-charter-market?utm_source=industrytoday  

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