Market-Trends Articles
As the world turns, so too does the boating industry. With multihulls becoming much admired since 2020, it has been surprising to witness a recent dip in their production levels. Despite continuous growth previously, experts are starting to question the long-term demand for these vessels.
On the other side of the aisle, the yacht brokerage sector is on a different trajectory. In comparison to the sibir,ging multihull sector, the may of yacht sales displayed a dramatic upturn. According to exclusive data, the sales for yachts of 24 metres or above reached a stunning €927.5 million.
With oceanic luxury reaching new heights in the age of the superyacht, a persistent wave of price escalation emerges in the horizon, casting long shadows on the market for new builds. Distinguished experts from various facets of the superyacht sector convened at a roundtable to dissect the impact of these climbing prices, offering illuminating perspectives.
The backdrop to this narrative is a market undergoing sprightly change: the allure of superyachts is expanding beyond the traditional sphere of the ultra-rich, roping in new market segments. Yet, this increase in demand hasn’t quite translated into an abundance of new build yachts lining marina docks. The barrier? The surging costs associated with constructing these behemoths of luxury.