Global Luxury Yacht Market was valued at USD 7.78 Billion in 2021 and is expected to reach USD 13.42 Billion by the year 2028, at a CAGR of 8.1%.
A yacht is any type of sea vessel that is mostly utilized for recreational or pleasure purposes like entertaining, cruising, fishing, water sports, or year-round accommodations. Yachts are large enough and have sleeping quarters on board for...