If you’re looking to purchase a luxury yacht, or you’re just interested in learning about the yacht market, there is a lot of interesting information to learn. For example, research that has been conducted has demonstrated that the sale of luxury yachts actually declined over the course of 2023. But, the overall sales are still set to rise steadily from now, with the value of the industry steadily increasing.
Changes in the buying behavior of those interested in super yachts was largely impacted by the COVID-19 pandemic, which saw people tightening their belts, and making less luxury purchases overall.
To understand more about why the sales declined, you also need to understand the market challenges that are currently being faced, and that the industry is expecting to face over the next few years. These are causing huge problems in the yacht purchasing industry, and as such should be studied carefully, as it may impact people’s decisions to make a purchase. Companies like Pelagia Yachting – Expert yacht broker to buy & sell a yacht are able to help those who may be interested in discussing this further.
If you’re interested in understanding more about the luxury yacht market, and you want to broaden your knowledge in the area, check out the infographic below. It contains some of the latest figures concerning luxury yacht sales, as well as market trends and challenges that are being faced at the moment. The infographic breaks this information down in an easy to understand way, ensuring that all those who read it come away more knowledgeable than when they started.
Written By Pelagia Yachting – Expert yacht broker to buy & sell a yacht
