Saudi Arabia Yacht Charter Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Saudi Arabian Yacht Charter Market Report is Segmented by Charter Type (Bareboat, Cabin, and Crewed) and Yacht Type (Sailing Yacht, Motorboat Yacht, and Other Yacht Types). The Report Offers Market Size and Forecasts for the Yacht Charter Market in Value (USD Billion) for the Above Segments.

Saudi Arabia Yacht Charter Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Saudi Arabia Yacht Charter Market Size

Saudi Arabia Yacht Charter Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 92.39 Million
Market Size (2030) USD 137.33 Million
CAGR (2025 - 2030) 8.25 %
Market Concentration Low

Major Players

Saudi Arabia Yacht Charter Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Saudi Arabia Yacht Charter Market Analysis

The Saudi Arabia Yacht Charter Market size is estimated at USD 92.39 million in 2025, and is expected to reach USD 137.33 million by 2030, at a CAGR of 8.25% during the forecast period (2025-2030).

The yacht charter market in Saudi Arabia has been experiencing a notable surge in popularity, driven by a combination of factors. The kingdom's picturesque coastline along the Red Sea and Arabian Gulf, characterized by pristine waters and scenic landscapes, provides an ideal backdrop for yacht charters. As tourism gains momentum in the region, there is an increasing demand for luxury experiences, with yacht charters emerging as a favored choice among both local and international tourists.

The Saudi Arabian government has taken steps to facilitate the growth of the yacht charter market. Regulatory developments, such as the easing of restrictions on maritime tourism, have encouraged private investment in the sector. These measures aim to position Saudi Arabia as a premier destination for yacht enthusiasts, contributing to the broader goals of economic diversification outlined in the Vision 2030 initiative.

Infrastructure development has played a crucial role in fostering the yacht charter market. Investments in modern marinas, equipped with state-of-the-art facilities and services, have been instrumental in attracting yacht owners and charter operators. This strategic focus on creating a yacht-friendly infrastructure aligns with the broader vision of positioning Saudi Arabia as a leading hub for maritime tourism and luxury experiences.

The Saudi coastline offers a myriad of exclusive coastal destinations, each with its unique charm and appeal. From the vibrant cityscape of Jeddah to the serene beaches of the Red Sea, yacht charters provide an exclusive means to explore these diverse locales. Charter companies often tailor experiences to cater to different preferences, offering everything from leisurely cruises along the coast to adventurous journeys to hidden coves and islands.

Saudi Arabia Yacht Charter Industry Overview

Renowned international yacht charter companies with experience managing luxury experiences globally are likely starting to set foot in Saudi Arabia. These companies possess a strong reputation, extensive fleets with diverse yacht types (primarily motor yachts catering to luxury preferences), and established networks for crewed charters. Examples could include Burgess Yachts, Fraser Yachts, or Northrop & Johnson.

Emerging Local Players: Local companies are starting to enter the yacht charter market in Saudi Arabia. These players might have several advantages:

  • Local Expertise: They understand the specific needs and preferences of Saudi clientele, potentially offering more culturally appropriate experiences.
  • Focus on Niche Segments: They could cater to a broader range of budgets by offering cabin charters or even bareboat charters (subject to regulations) alongside crewed options.
  • Strategic Partnerships: Collaborations with established marinas or tourism operators could give them a competitive edge.

The competition is likely to intensify as the market matures. International brands offer established luxury experiences, while local players can cater to specific Saudi preferences and potentially offer more diverse charter options. The future might see a blend of these players, with international brands solidifying their presence in the luxury crewed charter segment and local companies catering to a wider range of clientele through diverse charter types and cultural understanding.

Saudi Arabia Yacht Charter Market Leaders

  1. Burgess Yachts

  2. Fraser Yachts

  3. Northrop & Johnson

  4. Yachting Partners International (YPI)

  5. Gulf Craft

  6. *Disclaimer: Major Players sorted in no particular order
Saudi Arabia Yacht Charter Market Concentration
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Saudi Arabia Yacht Charter Market News

  • November 2023: Ahead of Sindalah's anticipated opening in 2024, Saudi Arabia envisioned the island to undergo a global transformation into a premier yachting destination, marked by the recent agreement with a prominent luxury yacht provider. NEOM, the USD 500 billion mega-project in the Kingdom, revealed a strategic collaboration with Burgess to deliver a comprehensive array of services catering to Sindalah's yachting clientele.
  • June 2023, IGY Marinas forged an exclusive partnership with NEOM, a development initiative in northwest Saudi Arabia, to undertake the development and future operation of a new superyacht marina situated within the Sindalah region of the project.

Saudi Arabia Yacht Charter Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Industry Attractiveness - Porter's Five Force Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (In USD)

  • 5.1 Charter Type
    • 5.1.1 Bareboat
    • 5.1.2 Cabin
    • 5.1.3 Crewed
  • 5.2 Yacht Type
    • 5.2.1 Sailing Yacht
    • 5.2.2 Motorboat Yacht
    • 5.2.3 Other Yacht Types

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles
    • 6.2.1 Burgess Yachts
    • 6.2.2 Fraser Yachts
    • 6.2.3 Northrop & Johnson
    • 6.2.4 Yachting Partners International
    • 6.2.5 Gulf Craft
    • 6.2.6 Pheonix Yachts
    • 6.2.7 FGI Yacht Group
    • 6.2.8 TWW Yachts
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Saudi Arabia Yacht Charter Industry Segmentation

A yacht charter refers to the rental or lease of a yacht, providing individuals or groups the opportunity to enjoy a private and customized sailing or cruising experience on the open seas. Charter services typically include a crew to operate the yacht and cater to passengers' needs during the agreed-upon rental period.

The Saudi Arabian yacht charter market is segmented by charter type (bareboat, cabin, and crewed) and yacht type (sailing yacht, motorboat yacht, and other yacht types). For each segment, the market sizing and forecast have been done based on the value (USD).

Charter Type Bareboat
Cabin
Crewed
Yacht Type Sailing Yacht
Motorboat Yacht
Other Yacht Types
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Saudi Arabia Yacht Charter Market Research FAQs

How big is the Saudi Arabia Yacht Charter Market?

The Saudi Arabia Yacht Charter Market size is expected to reach USD 92.39 million in 2025 and grow at a CAGR of 8.25% to reach USD 137.33 million by 2030.

What is the current Saudi Arabia Yacht Charter Market size?

In 2025, the Saudi Arabia Yacht Charter Market size is expected to reach USD 92.39 million.

Who are the key players in Saudi Arabia Yacht Charter Market?

Burgess Yachts, Fraser Yachts, Northrop & Johnson, Yachting Partners International (YPI) and Gulf Craft are the major companies operating in the Saudi Arabia Yacht Charter Market.

What years does this Saudi Arabia Yacht Charter Market cover, and what was the market size in 2024?

In 2024, the Saudi Arabia Yacht Charter Market size was estimated at USD 84.77 million. The report covers the Saudi Arabia Yacht Charter Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Saudi Arabia Yacht Charter Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Saudi Arabia Yacht Charter Industry Report

Statistics for the 2025 Saudi Arabia Yacht Charter market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Yacht Charter analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.