Boat Building Market 2020 Growth, Size, Share, Demand, Trends And Forecasts To 2023: COVID 19 Growth And Change

The Business Research Company offers " Boat Building Global Market Report 2020-30: COVID 19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global boat building market is expected to decline from $37.49 billion in 2019 to $36.87 billion in 2020 at a compound annual growth rate (CAGR) of -1.66%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $46.18 billion in 2023 at a CAGR of 7.80%.

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The boat building market consists of sales of boats and related services by entities (organizations, sole traders, and partnerships) that operate shipyards or boatyards. Shipyards and boatyards are fixed facilities with drydocks and fabrication equipment capable of building boats, including dinghies, hovercrafts, motorboats, rowboats, yachts, sailboats, and inflatable rubber boats. Only goods and services traded between entities or sold to end consumers are included.

The increasing demand for recreational boats is anticipated to boost the demand for the boat building market. Recreational boating is a popular leisure activity across the globe. Many people participate in recreational boating activities such as water skiing, fishing, and travel.

Boat Building Market Segmentation: -
By Type
1) Recreational Boats
2) Commercial Boats
3) Military Boats
4) Others

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By Propulsion
1) Motor Boats
2) Sail Boats

Few Points From Table Of Content
1. Executive Summary
2. Boat Building Market Characteristics
3. Boat Building Market Size And Growth
4. Boat Building Market Segmentation
5. Boat Building Market Regional And Country Analysis
……
25. Boat Building Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Boat Building Market
27. Boat Building Market Trends And Strategies
28. Boat Building Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the boat building market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the boat building market are Armstrong Marine USA Inc., Brunswick Corporation (BC), Survitec Group, Ancasta International Boat Sales Ltd, Metal Shark, Gulf Craft LLC, Dakota Creek Industries Inc., Main Iron Works

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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