NEW YORK, May 13, 2022 /PRNewswire/ — The Leisure Boat Market size is expected to increase by 30.01 billion from 2020 to 2025. The growth momentum of the market will accelerate at a CAGR of 8.46 %, according to a recent market study by Technavio. The market growth will be driven by factors such as increasing customer engagement in marinas and recreational boating activities. However, the high total cost of ownership of leisure boats may challenge market growth.
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