Persistence Market Research

Maritime Operations along with Water Sports activities to drive the Inflatable Boat Market With recreational activities (especially water sports) being preferred by the end-consumers, the inflatable boat market is expected to scintillate going forward. The US alone is expected to witness a CAGR of 6% in inflatable boat market in the next decade. The U.K. accounts for close to 32% of the market share. The developing economies are also not behind over here. Apart from water sports, inflatable boats play a vital role when it comes to maritime security purposes. In other words, rescue missions and growing demand for various naval operations will be another area responsible for keeping the cash registers ringing for inflatable boat market. In the last few years, there has been an enormous development in quality, and in turn, the longevity of inflatables. As such, optimism regarding the usage of inflatable boats has reached a new level. Persistence Market Research has given a detailed anal