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The Global Yacht Charter Market Is Anticipated To Grow At A CAGR Of 5.8% During The Forecast Period

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The global yacht charter market is segmented into yacht type segment such as motor yacht and sailing yacht. Further, motor yacht segment is sub-segmented into displacement type, semi-displacement, planing, Catamaran, trimaran. From above segments, motor yacht segment captured the largest market of overall yacht charter market by the end of 2024 and is projected to post a noteworthy CAGR during the forecast period. Likely, this growth of motor yacht segment is attributed to the increasing consumer preference for posh interior designs and comfort. Moreover, rising disposable income of the population is believed to intensify the growth of yacht charter market across the globe. Global yacht charter market is projected to post a noteworthy CAGR of 5.8% during the forecast period i.e. 2017-2024. Moreover, the global yacht charter market is anticipated to capture considerable sales by the end of 2024. Additionally, the yacht charter market is riding on the back numerous factors such as ch...