LATAM Luxury Yacht Market Size & Outlook, 2025-2033
LATAM Luxury Yacht Market Insights
- According to Deep Market Insights analysis, the LATAM Luxury Yacht Market size stood at USD 478.81 Million in 2024 and is forecasted to reach USD 911.29 Million by 2033.
- The market is projected to grow at a CAGR of 7.38% between 2025 and 2033.
- By segment, Motor was the leading Yacht Size in terms of market size in 2024.
- >40m is expected to be the most lucrative Yacht Size segment, exhibiting the fastest growth throughout the forecast period.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- LATAM represented 5.04% of the global Luxury Yacht Market size in 2024.
- By 2033, United States is estimated to hold the largest position in the global market in terms of size.
- Mexico is estimated to remain the fastest-growing market in LATAM, advancing to USD 268.47 Million by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 478.81 Million |
| Market Size In 2033 | USD 911.29 Million |
| Largest segment | Motor |
| Units | Revenue in USD Million |
| CAGR | 7.38% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmnetation Covered
| Segments | Sub Segments |
|---|---|
| LATAM |
|
| Yacht Size |
|
| Service |
|
| Propulsion |
|
LATAM Luxury Yacht Market Country 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.
LATAM Luxury Yacht Market Yacht Size 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.
LATAM Luxury Yacht Market Service 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.
LATAM Luxury Yacht Market Propulsion 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.