North America Docks Market Size & Outlook, 2023-2030
North America docks market, 2018-2030 (US$M)
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North America docks market highlights
- The North America docks market generated a revenue of USD 790.7 million in 2023.
- The market is expected to grow at a CAGR of 2.9% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 790.7 million |
| Market revenue in 2030 | USD 968.1 million |
| Growth rate | 2.9% (CAGR from 2023 to 2030) |
| Largest segment | Wood |
| Fastest growing segment | Plastics & Composites |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 44.2% of the global docks market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 85.1 million by 2030.
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Docks Market Scope
Docks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 41.68% in 2023. Horizon Databook has segmented the North America docks market based on wood, metal, plastics & composites, concrete covering the revenue growth of each sub-segment from 2018 to 2030.
This rise was attributed towards users indulging in outdoor recreational activities that incorporate social distancing due to the pandemic. The rise in use of products from aquatic produce has also helped in the rise of using marine channels. This has significantly helped in the rise of floating docks in the region.
The Canadian marine industry contributes to about 12% of the nation’s GDP. This comes from various end-uses such as fisheries, transportation, tourism, and offshore oil exploration. Increasing levels of recreational boating in Canada will also help in the growth of floating docks in the forecast period.
The Mexican maritime industry has seen a significant rise in shipping volume at a 12% rise from 2020 to 2021. As the 2nd largest country in Latin America and the physical positioning of the country gives Mexico an advantage in terms of shipping and logistical activities, which has helped the country in recent years.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America docks market , including forecasts for subscribers. This continent databook contains high-level insights into North America docks market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America docks market size, by country, 2018-2030 (US$M)
North America Docks Market Outlook Share, 2023 & 2030 (US$M)
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