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Global superyacht industry turns into $62B economic force with influence beyond tourism: report

The superyacht sector has evolved into a significant economic force, supporting everything from Mediterranean tourism infrastructure to advanced European engineering, manufacturing and marine innovation. Image credit: Jeff Brown, Breed Media The superyacht sector has evolved into a significant economic force, supporting everything from Mediterranean tourism infrastructure to advanced European engineering, manufacturing and marine innovation. Image credit: Jeff Brown, Breed Media

 

A major new international study has, arguably for the first time, quantified the full economic footprint of the global superyacht industry – revealing a $62 billion (€54 billion) ecosystem that stretches far beyond luxury tourism into advanced manufacturing, skilled employment and coastal economies worldwide.