A recent analysis from Allied Market Research, presented in the document “Luxury Yacht Market by Size, Type, and Material: Global Opportunity Analysis and Industry Forecast, 2022-2031,” reveals that the luxury yacht industry was valued at $5.8 billion in 2020 and is projected to escalate to $12.8 billion by 2031, with an annual growth rate of 8.0% from 2022 to 2031.
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