United States Inflatable Boats Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 1.3 Billion by 2030, growing at a CAGR of 5.2% from 2024 to 2030.
The US inflatable boats market has been experiencing remarkable growth, driven by diverse industries requiring versatile, cost-effective, and easily transportable watercraft. These boats are not only popular for recreational purposes but have gained significant traction in industries such as tourism, defense, and rescue operations due to their unique characteristics. The growing demand for inflatable boats stems from their lightweight design, durability, and ease of storage. As a result, these boats are now seen as essential tools in several sectors, supporting both commercial and leisure activities.
One of the key driving factors behind the rise of inflatable boats in the US market is the increasing demand from recreational water activities. Boaters, fishermen, and outdoor enthusiasts prefer inflatable boats due to their portability and quick setup. The growing popularity of activities such as kayaking, rafting, and fishing has contributed to the rising demand for inflatable boats. Furthermore, these boats offer convenience and flexibility for small-scale operations, making them ideal for weekend getaways or exploration trips.
Another significant industry driving the demand for inflatable boats is tourism. Tour operators use these boats for providing guided tours, transporting guests to remote islands, or conducting water-based activities like snorkeling and diving. The affordability of inflatable boats makes them an attractive option for businesses in this sector looking to reduce operational costs while ensuring safety and comfort for their guests. Additionally, the inflatable boats market has seen an uptick in interest from the defense and rescue sectors. Military forces and rescue teams rely on inflatable boats for quick deployment and maneuverability in water-based operations, such as evacuations, surveillance, and search-and-rescue missions.
The need for durable and easy-to-maintain boats across various industries has led to an increase in the production of advanced inflatable boats. These boats are now equipped with reinforced materials, better stitching techniques, and superior valves for longer-lasting performance, further enhancing their appeal across sectors. With technological advancements improving both the functionality and performance of these boats, the US inflatable boats market continues to witness steady expansion and a growing number of applications within various industries.
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RIBCRAFT
West Marine
Zodiac
Wefing's Marine
Walker Bay
Intex
AB Inflatables
Scout Inflatables
Saturn
Sevylor
Damen Shipyards
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Inflatable Boats Market
Rigid Inflatable Boats (RIBs)
Soft-sided Inflatable Boats
Hypalon
PVC (Polyvinyl Chloride)
Polyurethane
Small (up to 9 feet)
Medium (10 to 15 feet)
Large (over 15 feet)
Recreational Boating
Commercial
Military and Defense
Recreational Users
Commercial Users
Government and Military Entities
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Inflatable Boats Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Inflatable Boats Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Inflatable Boats Market, By Type
6. US Inflatable Boats Market, By Application
7. US Inflatable Boats Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Inflatable Boats Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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