United Kingdom Leisure Boat Market Size, Share, and COVID-19 Impact Analysis, By Type (New Leisure Boat, Used Leisure Boat, Equipment), By Propulsion (Diesel, Gas, Electric / Hybrid, and Others), and United Kingdom Leisure Boat Market Insights, Industry Trend, Forecasts to 2035.

United Kingdom Leisure Boat Market Insights Forecasts to 2035

• The United Kingdom Leisure Boat Market Size was estimated at USD 1,885.53 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 8.08% from 2025 to 2035
• The United Kingdom Leisure Boat Market Size is Expected to Reach USD 4,431.22 Million by 2035

According to a research report published by Spherical Insights & Consulting, The United Kingdom Leisure Boat Market Size is Anticipated to reach USD 4,431.22 Million By 2035, Growing at a CAGR of 8.08% from 2025 to 2035. The British leisure boat market is influenced by increasing disposable income, an increase in nautical tourism, and an appetite for sophisticated, sustainable yachts.

Market Overview

The United Kingdom leisure boat market refers to the industry focused on the production and application of boating types that are used for recreational purposes, that is mostly used for travel and fun. This boat types that are available for purchase include sailboats, runabouts, towboats, cabin cruisers, jet boats, and watercraft. These boats can be motorized or non-motorized. They are frequently used for the following activities: campaigning, fishing, sailing, and boating. Boating is one of the most popular leisure activities in many regions of the country and areas. The leisure boat's luxurious and spacious cabins are made of premium materials such as coated textiles, wood, plastic, and aluminum. Recreational boating has been increasingly popular due to a number of causes, including the increased interest in boating among adults and the rise in their discretionary income.

Report Coverage

This research report categorizes the market for the United Kingdom leisure boat market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom leisure boat market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United Kingdom leisure boat market.

Driving Factors

The market for the United Kingdom leisure boat is primarily driven by the country's growing tourism sector, specifically in the coastline region. Additionally, the increasing number of individuals participating in watercraft activities, both leisure and commercial, is contributing to the growth. In addition, technological developments like IoT, AI, and smart sensors are being included into boats and capabilities like GPS tracking, automated controls, and smart connect that result in the launch and uptake of connected boats are anticipated to support expansion. Measures implemented by governments across the globe to promote marine tourism have contributed to the market's expansion.

Restraining Factors

The market expansion is hampered by stringent ecological requirements and maritime security legislation, and seasonal variations in demand. In popular locations, a lack of dock space and growing marina costs may deter travellers from owning boats. Furthermore, consumers' desire to spend on recreational boating activities may be impacted by fuel price volatility and economic uncertainty.

Market Segmentation

The United Kingdom leisure boat market share is classified into type and propulsion.

• The used leisure boat segment held a significant share in 2024 and is anticipated to grow at a rapid pace during the forecast period.

The United Kingdom leisure boat market is divided by type into new leisure boat, used leisure boat, and equipment. Among these, the used leisure boat segment held a significant share in 2024 and is anticipated to grow at a rapid pace during the forecast period. This is because a strong customer demand for accessible and reasonably priced boating solutions. First-time purchasers and enthusiasts who want a less initial outlay and a greater selection of models frequently choose used boats, which propel the segment growth.

• The electric/hybrid segment accounted for a significant share in 2024 and is expected to grow at a rapid pace over the forecast period.

The United Kingdom leisure boat market is segmented by propulsion into diesel, gas, electric / hybrid, and others. Among these, the electric/hybrid segment accounted for a significant share in 2024 and is expected to grow at a rapid pace over the forecast period. This is because of environmental concerns, fuel economy, and battery technology developments are the main drivers of this segment expansion. Further, consumers look for environmentally friendly alternatives to conventional fuel-powered boats, and the market for electric and hybrid leisure boats is expanding quickly.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom leisure boat market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Leisure Boat UK Ltd
• Sunseeker International
• Princess Yachts
• Fairline Yachts
• Williams Jet Tenders
• Warrior Boats
• Thames Leisure
• Capital Pleasure Boats
• Others

Recent Developments:

• In June 2023, British boat builder Ribcraft announced its latest expansion plans, which saw the iconic brand launch a new range of high-end leisure RIBs and extend its market reach by establishing a new global dealer network.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at United Kingdom, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United Kingdom leisure boat market based on the below-mentioned segments

United Kingdom Leisure Boat Market, By Type

• New Leisure Boat
• Used Leisure Boat
• Equipment

United Kingdom Leisure Boat Market, By Propulsion

• Diesel
• Gas
• Electric / Hybrid
• Others