North America is the largest geographical market for recreational boats but growth in this market is anticipated primarily in Europe and the Asia-Pacific areas. Trends show that higher-end and luxury boats will be the area of most market growth in the coming years. The market size listed for 2014 is a forecast based on the source’s research.

Geographic reference: World
Year: 2008 and 2014
Market size: $23.9 billion and $25.8 billion respectively
Source: Travel & Leisure Close-Up, January 15, 2010.
Original source: Research and Markets