Another important element driving the expansion of the superyacht market is the sharp increase in the number of new superyachts being launched by well-known boat manufacturers in nations like France. For instance, the 82m/268ft luxury yacht KIBO was introduced to the France charter market by the yacht building business Abeking & Rasmussen in July 2018.
Around 1.8 million persons in Germany had a boat licence in 2018, allowing them to drive sailing motor boats or yachts, according to the U.S. Commercial Services. One of the main factors likely to fuel the expansion of the Superyacht Market throughout the forecast period is the nation's approximately 6,250 kilometres of waterways.
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