Catamarans Market is driven by Rising Popularity of Recreational Boating

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The global catamarans market is primed for growth driven by evolving consumer preferences in watersports. Catamarans have gained popularity in recent years due to their stability, comfort and fuel efficiency compared to monohulls.

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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