UAE Docks Market Size & Outlook, 2023-2030
UAE docks market, 2018-2030 (US$M)
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UAE docks market highlights
- The UAE docks market generated a revenue of USD 9.7 million in 2023 and is expected to reach USD 14.3 million by 2030.
- The UAE market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, concrete 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 9.7 million |
| Market revenue in 2030 | USD 14.3 million |
| Growth rate | 5.7% (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 |
Other key industry trends
- In terms of revenue, UAE accounted for 0.5% 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 Middle East & Africa, UAE docks market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 14.3 million by 2030.
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Docks Market Scope
Docks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE 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.
Concrete was the largest segment with a revenue share of 39.18% in 2023. Horizon Databook has segmented the UAE docks market based on wood, metal, plastics & composites, concrete covering the revenue growth of each sub-segment from 2018 to 2030.
The geographical location of UAE has led to the maritime industry contributing extensively to the country’s economy. Apart from industrial and commercial maritime activities, tourism and leisure maritime segments have majorly contributed towards the growth of the country’s shipping industry and subsequent economic growth.
The pandemic led to a decrease in shipping activities in the country as global logistics and supply chain activities were halted. However, the lifting of restrictions in movement and transportation has already shown a positive impact on the industry with a 50% increase in the volume of cargo handled the beginning of 2022, when compared to the previous year.
The geographic proximity to African water region and the security and piracy threats in the region is expected to have a negative effect on the maritime industry as tensions between countries such as Yemen increase. This is, in turn, expected to affect the levels of import and export trade via marine channels, reducing the demand for docks in the region.
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Our clientele includes a mix of docks market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE docks market , including forecasts for subscribers. This country databook contains high-level insights into UAE docks market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE docks market size, by material, 2018-2030 (US$M)
UAE Docks Market Outlook Share, 2023 & 2030 (US$M)
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