Market revenue in 2023 | USD 138.7 million |
Market revenue in 2030 | USD 190.0 million |
Growth rate | 4.6% (CAGR from 2023 to 2030) |
Largest segment | Concrete |
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 |
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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.
Concrete was the largest segment with a revenue share of 39.22% in 2023. Horizon Databook has segmented the China docks market based on wood, metal, plastics & composites, concrete covering the revenue growth of each sub-segment from 2018 to 2030.
The Chinese government’s Belt and Road Initiative (BRI) partially focuses on the construction of ocean corridors and ports in the region that will help in improving the connectivity of the mainland to global maritime commerce. This will also strengthen China’s position in the global supply chain scenario as connectivity and dependency for imports and exports increase.
The Chinese government has also expanded their maritime sector by acquiring ports across the globe. This is expected to affect the marine industry in the country. Governmental backing is key to the growth of the Chinese maritime industry.
State owned groups such as China Merchant Group has helped the country in gaining market value in the maritime industry. Along with this investments into the sector as a part of Made in China 2025 initiative that supports innovation into high-tech vessel and equipment manufacturing is also expected to help the maritime industry grow.
Horizon Databook provides a detailed overview of country-level data and insights on the China docks market , including forecasts for subscribers. This country databook contains high-level insights into China docks market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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