2016: Study of China's Yacht Industry Jan 2017 | Page 3

Study of China ' s Yacht Market 2016 It is estimated that if China makes it more convenient and attractive to buy yachts then the market can double to what it currently is by 2020 . It is projected that the number of yachts longer than 8 meters in China will reach 163,510 by of 2030 . The yacht industry in China is projected to grow at a compound average annual growth rate of 30 % in the period 2015-2025 and the country is expected to become the largest Asian yacht market over this period .
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Study of China ' s Yacht Market 2016 It is estimated that if China makes it more convenient and attractive to buy yachts then the market can double to what it currently is by 2020 . It is projected that the number of yachts longer than 8 meters in China will reach 163,510 by of 2030 . The yacht industry in China is projected to grow at a compound average annual growth rate of 30 % in the period 2015-2025 and the country is expected to become the largest Asian yacht market over this period .

Why should the report be purchased ?
The report ‘ A Study of China ' s Yacht Market 2016 ’ highlights key drivers of and trends emerging in China ’ s yacht industry . The Initiatives and performance of key global players including Sunseeker International , Sanlorenzo SPA , Ferretti Group , Azimut Benetti , Princess Yachts International Plc ., Gulf Craft Inc ., Brunswick Corporation , Sunbird Yacht Manufacturing Co ., Cheoy Lee Shipyards Limited and Shanghai Double Happiness Yacht Co . has been presented . The current market scenario and future prospects of the sector has also been examined . The report

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