Boat Trailers Market : Global Industry Analysis and Forecast 2023-2029
Boat Trailers Market is anticipated to reach US$ 1.19 Bn by 2029 from US$ 0.84 Bn in 2022 at a CAGR of 5.1% during a forecast period.
The boat trailer market is driven due to the effective transportation of boats. Thus, boat makers are working to manufacture lightweight boat components to improve fuel efficiency, which is also driving the growth of the boat trailer market. In 2020, North America held a 54% percent market share. Europe and the Asia Pacific accounted for xx% and xx% of the market share, respectively.