Press release
Boat Repairing Market Research Report 2020: Share, Trends And Opportunities Forecast To 2023
The global boat repairing market is expected to decline from $6.78 billion in 2019 to $6.71 billion in 2020 at a compound annual growth rate (CAGR) of -1.01%. 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 $8.58 billion in 2023 at a CAGR of 8.52%.
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The boat repairing market consists of sales of boat repairing and related services by entities (organizations, sole traders and partnerships) that operate shipyards or boatyards. 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 Repairing 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 Repairing Market Characteristics
3. Boat Repairing Market Size And Growth
4. Boat Repairing Market Segmentation
5. Boat Repairing Market Regional And Country Analysis
……
25. Boat Repairing Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Boat Repairing Market
27. Boat Repairing Market Trends And Strategies
28. Boat Repairing Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the boat repairing 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 repairing market are Brunswick, Riviera, Holyhead Boatyard, Ancasta International Boat Sales, Survitec Survival Craft, Daewoo Shipbuilding & Marine Engineering, Hyundai Heavy Industries, Mitsubishi Heavy Industries, Samsung Heavy Industries, General Dynamics
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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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