The catamarans market has been gaining popularity over recent years due to the inherent stability, speed, and fuel efficiency provided by these multihull vessels. Catamarans have a unique twin-hull design which creates extra internal space and storage compared to conventional monohull boats of the same size.
The global catamarans market is estimated to be valued at US$ 2.03 Bn in 2024 and is expected to reach US$ 3.10 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Catamarans Market Demand are rising popularity of recreational boating as a sport and leisure activity has significantly boosted the in recent years. Their unique characteristics of stability, space, and smooth riding experience have made them a preferred choice for recreational purposes. Additionally, increasing water-based outdoor recreational activities are also propelling the catamarans market growth.
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