Boat Building Market Growth Opportunities, Business Strategies, Size Analysis, Competitive Insights And Demand Forecast To 2032 || Armstrong Marine USA Inc., Brunswick Corporation (BC), Survitec Group, Ancasta International Boat Sales Ltd

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the boat building market report by The Business Research Company, 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. According to the National Marine Manufacturers Association (NMMA), representing recreational boat, marine accessories, and engine manufacturers, the US recreational boating industry saw a growth of 12% with the sales of 310,000 powerboats in 2020, compared to 280,000 units sold in 2019. Therefore, the surge in recreational boating is likely to contribute to the demand for boat building.

The global boat building market size will grow from $32.60 billion in 2022 to $35.19 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The global boat building market size is expected to grow to $47.07 billion in 2027 at a CAGR of 7.5%.

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https://www.thebusinessresearchcompany.com/report/boat-building-global-market-report

Major competitors in the boat building market are Armstrong Marine USA Inc., Brunswick Corporation (BC), Survitec Group, Ancasta International Boat Sales Ltd., Metal Shark.

The boat building market is segmented -
• By Type: Recreational Boats, Commercial Boats, Military Boats, Other Types
• By Propulsion: Motor Boats, Sail Boats
• By Application: Private Use, Commercial Use, Milatary Use
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Boat Building market.

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The boatbuilding market include revenues earned by entities by constructing trawler, tug, deck boat, dingy, lifeboat, sailboat, and cuddy. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The Table Of Content For The Boat Building Market Include:
1. Executive Summary
2. Boat Building Market Characteristics
3. Boat Building Market Trends And Strategies
4. Boat Building Market - Macro Economic Scenario
5. Boat Building Market Size And Growth
6. Boat Building Market Segmentation
…………………
27. Boat Building Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Boat Building Market
29. Boat Building Market Future Outlook And Potential Analysis
30. Appendix

The "Global Boat Building Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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