Nigeria Luxury Yacht Market Size & Outlook, 2025-2033


Nigeria Luxury Yacht Market Insights

  • As per Deep Market Insights insights, the Nigeria Luxury Yacht Market stood at USD 48.3 Million in 2024 and is anticipated to grow to USD 92.84 Million by 2033.
  • The Nigeria market is expected to advance at a CAGR of 7.64% from 2025 through 2033.
  • In 2024, Motor accounted for the highest share of the Yacht Size market size.
  • During the forecast period, 24–40m is set to register the highest growth, making it the most lucrative Yacht Size segment.

Other Key Findings


  • As of 2024, Nigeria held 0.51% of the global Luxury Yacht Market size.
  • By 2033, United States is anticipated to capture the largest share of the global Luxury Yacht Market.
  • In Middle East and Africa, United Arab Emirates is expected to lead the regional Luxury Yacht Market size by 2033.
  • Egypt will remain the fastest-growing market in Middle East and Africa, reaching USD 166.11 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 48.3 Million
Market Size In 2033 USD 92.84 Million
Largest segment Motor
Units Revenue in USD Million
CAGR 7.64% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Yacht Size
  1. Motor
  2. Sailing
  3. <24m
  4. 24–40m
  5. >40m
Service
  1. Charter
  2. Ownership
Propulsion
  1. Diesel
  2. Hybrid