At 5.4% CAGR, Middle East & Africa Boat Sails Market is Projected to be Worth US$ 26.60 Million by 2031, says Business Market Insights

According to Business Market Insights research, the Middle East & Africa boat sails market was valued at US$ 17.44 million in 2023 and is expected to reach US$ 26.60 million by 2031, registering a CAGR of 5.4% from 2023 to 2031. Rising popularity of recreational boating and growing demand for sustainable sailing materials are among the critical factors attributed to driving the Middle East & Africa boat sails market growth.

The rising popularity of recreational boating, particularly among millennials and high-net-worth individuals, is driving substantial growth in the global boat sails market. As leisure boating continues to gain traction, driven by factors such as increasing urbanization and a growing focus on outdoor activities, more consumers are investing in premium boating experiences. This shift is creating a robust demand for advanced boat sails, which are not only seen as performance-enhancing tools but also as key elements of boat aesthetics. Consumers are seeking high-quality, customized sails to enhance both the functionality and appearance of their boats. As the recreational boating sector evolves, there is a growing preference for sails made from advanced materials that offer superior performance in terms of speed, durability, and fuel efficiency. Additionally, the demand for stylish, visually striking sails is rising as boat owners seek to personalize their vessels, aligning with broader trends in luxury lifestyle products. Both new boat owners and those upgrading their vessels require sails, which directly drives boat sails market growth.

On the contrary, high initial and ownership costs of boats hamper the growth of the Middle East & Africa boat sails market.

By type, the Middle East & Africa boat sails market is bifurcated into mainsail & headsail and downwind & lightwind sails. The mainsail & headsail held 59.8% share of Middle East & Africa boat sails market share in 2023, amassing US$ 10.43 million. It is projected to garner US$ 16.11 million by 2031 to register 5.6% CAGR during 2023–2031.

By application, the Middle East & Africa boat sails market is bifurcated into cruising and racing. The cruising held 62.7% share of Middle East & Africa boat sails market share in 2023, amassing US$ 10.93 million. It is projected to garner US$ 16.84 million by 2031 to register 5.6% CAGR during 2023–2031.

Based on country, the Middle East & Africa boat sails market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the UAE captured 33.4% share of Middle East & Africa boat sails market in 2023. It was assessed at US$ 5.82 million in 2023 and is likely to hit US$ 8.93 million by 2031, registering a CAGR of 5.5% during 2023–2031.

Key players operating in the boat sails market are North Sails GmbH; Doyle Sails International Ltd; Elvstrom Sails AS; Ullman Sails International Inc; Quantum Sails Design Group LLC; Wilfer Sails Technology (Heyuan) Co Ltd; OneSails International; Hyde Sails Ltd; Rolly Tasker Sails (Thailand) Co. Ltd.; and CHEONG LEE SAILMAKERS LTD, among others.

• In 2024: North Sails Apparel entered a partnership as an official clothing supplier to the Royal Ocean Racing Club.

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