Due to the variety of tourist attractions and the robust growth rate of the marine tourism industry, the boat rental market is anticipated to grow at the quickest CAGR during the projected period. Coastal areas account for almost 80% of all tourism. In most small island developing states, beach vacations, scuba diving, sports fishing, and cruises are major sources of employment and play a big role in the global blue economy. The demand for marine tourist activities is increasing due to the increased popularity of leisure pursuits and rising per capita income.
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