Indian Luxury Boat Industry Outlook to 2020
May 2012
33
About the Report
About the Report
The report titled "Indian Luxury Boats Industry Outlook to 2020" provides insight on the market size, segmentation by category and geography, growth drivers and restraints of the industry. The report entails SWOT analysis, competitive landscape and future outlook of this niche industry. The report finally maps out conservative and optimistic scenario future projections to 2020 on the basis multi-factor regression model.
The luxury boat industry in India is at a nascent stage. The market is largely import driven with some of the major countries exporting luxury boats in India include Italy, UAE and China. A high percentage of boat owners are from Mumbai, Goa and Kochi because of the availability of docking facilities.
The luxury boat market in India has showcased phenomenal growth of ~% in the last 5 years. Market bulged more than ~ times from ~ luxury boats in FY'2007. The last two years have been worst effected with a major decline in the sale of luxury boats due to recession.
The Indian luxury boat market is dominated by the 33ft-50ft boat segment in volume terms with the presence of ~ luxury boats of 33-50ft in FY'10-11 (~% of total luxury boats). The market has witnessed a growth in the business as several foreign players are eyeing the Indian market with ~% reduction in demand for pleasure boats in Europe and the US.
The luxury boat market is in an embryonic stage but it is expected that the market in the country will enter in the growth stage in the next decade. The state & central government need to play a major role in improving the infrastructure and development of marinas in the country.
Under conservative scenario, the number of cumulative luxury yacht sales will reach ~ boats by 2015 and to ~ boats by 2020 while optimistic scenario directed that the number of cumulative luxury boats sale will increase at a CAGR of ~% and will reach ~ yachts by 2020
Products
Products
luxury yacht, luxury boats, Silver Craft, Azimut, Ferretti, Majesty
Companies
Marine Solutions, West Coast Maine, Ocean Blue, Aquasail
Table of Contents
Table of Contents
1. Luxury Boats Market Introduction
1.1. Market Definitions
1.2. Market Assumptions
1.3. Industry Stage & Structure
2. Market Size by Value & Volume, FY'2007-FY'2011
2.1. Slump in Growth in the Market for Luxury Boats in India in the Last 2 Years
2.2. Why This Small Market Size?: Supporting Facts
3. Drivers & Restraints
3.1. Unbalanced Industry Growth with Several Unresolved Problems
3.2. Huge Growth Potential but Need to Clear Major Roadblocks First
4. Market Segmentation by Volume, Value & Geography
4.1. Pounding Luxury Boats Segment of 55ft+ Driving the Value Demand
4.2. Mumbai and Kochi - The Epicenter of Boating Industry
5. SWOT Analysis - Compelling Opportunities thriving the Luxury Boats Industry Growth
6. Competitive Landscape - Market Centered Around Four Major Dealers
7. Future Outlook and Forecasting Model
7.1. Unexplored Potential with Stimulative Reforms & Infrastructure
7.2. Strong Positive Correlation among Luxury Boats, AMCs & Trained Manpower
7.3. Multi Factor Regression Analysis
8. Future Projections to 2020
8.1. Conservative Scenario: Expected Slack in Policy Structure & Infrastructure Development
8.2. Optimistic Scenario: Expected Amendments in Government Reforms with Marina Development
9. Research Methodology
10. Disclaimer
List of Figure
- Cumulative Luxury Boat Sale by Volume, 2006-2011
- Cumulative Luxury Boat Sale by Value in INR Crore, 2006-2011
- Luxury Boat Market Segmentation by Volume, 2006-2011
- Luxury Boat Market Segmentation by Value in INR Crore, 2006-2011
- Indian Luxury Boats Market Segmentation on the Basis of City, Volume, FY'10-11
- Pearson Correlation Matrix of the Indian Luxury Boats Industry
- Multi-Factor Fundamental Regression Model of the Indian Luxury Boats Industry
- Major Industry Factors: Current & Conservative Projections
- Major Industry Factors: Current & Optimistic Projections
List of Table
- Cumulative Luxury Boat Sale by Volume, 2006-2011
- Cumulative Luxury Boat Sale by Value in INR Crore, 2006-2011
- Luxury Boat Market Segmentation by Volume, 2006-2011
- Luxury Boat Market Segmentation by Value in INR Crore, 2006-2011
- Indian Luxury Boats Market Segmentation on the Basis of City, Volume, FY'10-11
- Pearson Correlation Matrix of the Indian Luxury Boats Industry
- Multi-Factor Fundamental Regression Model of the Indian Luxury Boats Industry
- Major Industry Factors: Current & Conservative Projections
- Major Industry Factors: Current & Optimistic Projections
Why Buy From US?
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.