Canada Docks Market Size & Outlook, 2023-2030
Canada docks market, 2018-2030 (US$M)
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Canada docks market highlights
- The Canada docks market generated a revenue of USD 144.0 million in 2023 and is expected to reach USD 180.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 3.3% from 2024 to 2030.
- In terms of segment, wood was the largest revenue generating material in 2023.
- Plastics & Composites is the most lucrative material segment registering the fastest growth during the forecast period.
Docks market data book summary
| Market revenue in 2023 | USD 144.0 million |
| Market revenue in 2030 | USD 180.7 million |
| Growth rate | 3.3% (CAGR from 2023 to 2030) |
| Largest segment | Wood |
| Fastest growing segment | Plastics & Composites |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wood, Metal, Plastics & Composites, Concrete |
| Key market players worldwide | Reputation Rhino, Tommy Docks, HydroHoist, Connect A Dock, Carolina Docks, Cellofoam, Versadock (Marine IP Ltd), Bellingham Marine, AccuDock, MariCorp U.S., PMS Dockmarine, Transpac Marinas, Ingemar, Meeco Sullivan, Jet Dock Systems, Walcon Marine, EZ Dock, Damen Shipyards |
Other key industry trends
- In terms of revenue, Canada accounted for 8.1% of the global docks market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. docks market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 102.0 million by 2030.
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Docks Market Scope
Docks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada docks market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to docks market will help companies and investors design strategic landscapes.
Wood was the largest segment with a revenue share of 45.35% in 2023. Horizon Databook has segmented the Canada docks market based on wood, metal, plastics & composites, concrete covering the revenue growth of each sub-segment from 2018 to 2030.
Marine shipping accounts for about 30% of Canada’s export supply chain. The extensive mining and manufacturing industry of Canada uses marine channels for the movement of raw materials and produced goods across regions. The presence of a vast number of islands in the country has also kept the use of waterways for movement of goods and services within the region, on the rise.
This has led to an increase in maintenance and repair work of ships. This has helped in the increase in the demand for floating docks, as these types of docks are used extensively for maintenance and repair work. Recreational boating activities in Canada is expected to rise in the forecast period due to the increase in expendable income of the population and the rising focus on lifestyle of the consumers.
These factors are expected to help in the growth of docks market in Canada. In addition, Canada’s docks market is also exhibiting a rise in demand for commercial applications such as the recreational waterfront restaurants and resorts.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada docks market , including forecasts for subscribers. This country databook contains high-level insights into Canada docks market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada docks market size, by material, 2018-2030 (US$M)
Canada Docks Market Outlook Share, 2023 & 2030 (US$M)
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