Inflatable Rafting Boat Market size was valued at USD 1.2 Billion in 2024 and is forecasted to grow at a CAGR of 9.2% from 2026 to 2033, reaching USD 2.5 Billion by 2033.
The global inflatable rafting boat market was valued at approximately USD 1.7 billion in 2022, and it is expected to grow at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. The markets growth is driven by the increasing popularity of outdoor recreational activities, adventure sports, and rising consumer demand for lightweight, portable watercraft options. The market is anticipated to reach an estimated value of USD 2.9 billion by 2030. This growth is supported by innovations in materials, improving the durability and performance of inflatable rafting boats while keeping production costs relatively low. Additionally, the adoption of inflatable rafting boats for professional and commercial use in rescue operations, river expeditions, and water sports continues to fuel market demand.
Regionally, North America holds the largest market share, accounting for approximately 35% of the global market in 2022, owing to the high demand for recreational boating and outdoor adventure activities in countries like the United States and Canada. Europe follows closely, with a share of about 30%, driven by increasing tourism in river rafting and water sports. The Asia Pacific region is expected to witness the highest growth rate, with a CAGR of 6.2%, as countries like China and India see an increase in outdoor recreational activities and disposable income. The Middle East and Africa, along with Latin America, also present significant growth opportunities, particularly in the commercial sector for rescue and river rafting services.
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AB Marine
Bombard
Caribe Nautica
Damen
Demaree Inflatable Boats
Inc.
Grand Marine International Inc.
Highfield Boats Co.
Ltd.
Mercury Marine
Patten co.
Inc.
RIBCRAFT USA
SOTAR
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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. 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 Global Inflatable Rafting Boat Market
PVC (Polyvinyl Chloride)
Hypalon
Neoprene
Polyurethane
Small (1-3 persons)
Medium (4-6 persons)
Large (7+ persons)
Recreational
Commercial
Rescue Operations
Tourism
Standard Rafts
Sport Rafts
Luxury Rafts
Fishing Rafts
Manual Inflation
Electric Pump
Self-Inflating
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 Global Inflatable Rafting Boat 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. Global Inflatable Rafting Boat Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Inflatable Rafting Boat Market, By Type
6. Global Inflatable Rafting Boat Market, By Application
7. Global Inflatable Rafting Boat Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Inflatable Rafting Boat Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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