SUPERYACHT MARKET ANALYSIS
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The North America region is expected to dominate the market and is expected to hold 34.5% of the market share in 2024. The region's strong demand is driven by factors such as the presence of renowned yachting destinations, a growing yacht tourism industry, and an increasing number of high-net-worth individuals. North America is home to several top superyacht builders, including Christensen Shipyards, Trinity Yachts, and Palmer Johnson, further contributing to the market growth.
The Asia Pacific region is projected to experience significant growth in the superyacht market. This growth can be attributed to the rising affluence of the population, particularly in countries like China and India, and the increasing interest in luxury yachting among the region's high-net-worth individuals.
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