Pontoon Boat Market: Highlights
The pontoon boat is a flat-deck boat containing two or more floating hulls or tubes typically powered by an outboard engine. They generally have either square or rectangular shape, which makes them a less suitable for choppy or rough water; however, they are very widely preferred in lakes where they are used for varied functions, such as entertainment, fishing, and lounging. These boats have large deck space, which adds more seating space, luxury, and comfort, extra storage space, and additional room for various activities as per customers’ interest.
The global pontoon boat market is projected to depict an impressive growth rate over the next five years to reach an estimated value of US$ 3,638.8 million in 2023. Increasing new boat sales, versatile usage of pontoon boats, advancement in the boat engine technology, and higher affordability of pontoon boats are major factors mushrooming the demand for pontoon boats globally.
There is a growing trend of family outing, partying, as well as fishing activities on pontoon boats over other boats. Having wide-open deck space in pontoon boats as compared to V-hull boats of similar length give them excellent comfort. They are also easier to get in and out from docks, making them a reliable boat type for consumers as well as for commercial-renting purposes.
The market is segmented based on the application type as family-fun pontoon, fishing pontoon, cruising pontoon, watersports pontoon, and others. Family-fun pontoon is expected to remain the growth engine of the market during the forecast period of 2018 to 2023, driven by an increased preference of pontoon boats by families for fun over other boats, increasing trend of family outing, and affordability of pontoon boat.
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Based on the tube type, the market is segmented as two-tube pontoon and three-tube pontoon. The two-tube pontoon boat is expected to remain the larger segment of the market during the forecast period, whereas the three-tube pontoon boat is expected to witness a higher growth during the same period.
In terms of regions, North America currently is the leading pontoon boat market with the USA being the growth engine. The region is likely to remain the key growth engine of the global market over the next five years as well. Most of the major pontoon boat manufacturers have an excellent presence in the region to cater to the growing market potential. Asia-Pacific also holds a considerable share in the market and is likely to grow at an impressive rate in the coming five years. Australia and New Zealand are the key markets in the region.
The supply chain of this market comprises raw material suppliers, component manufacturers, pontoon boat manufacturers, distributors, and end users. Some of the key pontoon boat manufacturers are Polaris Industries Inc., White River Marine Group, Forest River Inc., Brunswick Corporation, and Avalon pontoon boats. Development of high-performance pontoon boats, expansion of distribution network, regional expansion, and execution of mergers & acquisitions are the key strategies adopted by the key players to gain a competitive edge in the market.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
Market structure: Overview, industry life cycle analysis, supply chain analysis
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging Trends
Strategic growth opportunities for the existing and new players
Key success factors
The global pontoon boat market is segmented into the following categories.
Pontoon Boat Market, By Application Type
• Family-Fun Pontoon (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Fishing Pontoon (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Cruising Pontoon (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Watersports Pontoon (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Pontoon Boat Market, By Tube Type
• Two-Tube Pontoon (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Three-Tube Pontoon (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Pontoon Boat Market, By End-Use Type
• Private (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Pontoon Boat Market, By Size Type
• 24 Feet Pontoon Boats (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Pontoon Boat Market, By Region
• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, Switzerland, The UK, Spain, and RoE)
• Asia-Pacific (Country Analysis: Australia, New Zealand, China, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Latin America, The Middle East, and Others)

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