Market Research Future Study Projects High Growth for Marina Industry

According to a comprehensive research report by Market Research Future (MRFR), the Marinas Market Size was estimated at $19.52 billion in 2024. The marina industry is projected to grow from $20.22 billion in 2025 to $28.78 billion by 2035, exhibiting a compound annual growth rate (CAGR) of 3.5% during the forecast period 2025 – 2035.

The report cites that the Marina Market’s significant growth over the past decade is due to the increasing popularity of recreational boating and rising investments in waterfront infrastructure, as well as a surge in tourism, growth in the luxury boating sector and expanding coastal developments. Governments and private developers are increasingly investing in marina projects to boost local tourism, promote waterfront development and create recreational spaces for both residents and visitors. Investors are increasingly adopting public-private partnership models to fund marina projects, making the sector more lucrative and sustainable.

The global Marinas Market is projected to grow steadily, driven by increasing recreational boating activities, tourism expansion and investments in luxury and smart marina infrastructure. Integration of eco-friendly technologies, digital management systems and premium services will define the future marina landscape.

Browse In-depth Market Research Report: https://www.marketresearchfuture.com/reports/marinas-market-31282