The bareboat charter market is booming as well; the number of sailing yachts, motor yachts and cruising catamarans has exploded.
Yacht rental market is anticipated to expand at a compound annual growth rate of 6.5% from 2015 to 2020, according to the research carried by Future Market Insights. Furthermore, crewed and bareboat yacht rental market, which was worth €35 Bn in 2014, will be worth € 51 Bn by 2020.
By Future Market Insights, in bareboat charter in 2015 for agents turnover was 400M, and predictions are that turnover for 2019 will be 514M!
ICE is focused on the bareboat segment; including the whole bareboat fleet and parts of the crewed and luxury segment. This bareboat segment is responsible for only a part of the world’s yachting turnover but, at the same moment, it includes about 90% of the yachts and the workforce in this industry.
Because ICE is B2B, companies are not represented by hostesses and hired help, but by owners and upper management.
This makes it a unique gateway to a new market for any visitor or exhibitor; a large and growing industry ready to be accessed.
