Superyacht industry has gained significant traction during the recent past, owing to increasing number of tourism in across key European countries, which includes Italy, UK, and Spain. Tourism plays vital role in superyacht industry, as tourism is a key contributor to the social development, economic growth, and employment of many emerging economies across the globe. Furthermore, the countries in European region such as Italy, France, Spain, and Greece attract more tourists across the globe ... Read more

Superyachts are extravagantly designed and outfitted luxury motor yachts that are more than 24 meters (79 ft) in length. Superyachts provide luxurious amenities and facilities for entertainment and relaxation. They cater to the recreational needs of high-net-worth individuals and ultra-high-net-worth individuals. The global superyacht market is estimated to be valued at US$ 7.67 Bn in 2023 and is expected to exhibit a CAGR of 7.4% over the forecast period ... Read more