Market revenue in 2023 | USD 567.1 million |
Market revenue in 2030 | USD 685.4 million |
Growth rate | 2.7% (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 |
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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.
Wood was the largest segment with a revenue share of 40.5% in 2023. Horizon Databook has segmented the U.S. docks market based on wood, metal, plastics & composites, concrete covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. dominated the North American Docks market and accounted for a revenue share of over 68% in 2021. This growth is attributed to the rise in use of shipping for movement of products and goods across regions. This increase in movement of marine vessels has resulted in an increase in maintenance and repair work for ships and boats.
This has helped in the increased use of floating docks, which has helped in the growth of the docks market. The U.S. Department of Commerce stated that U.S. recreational boating and fishing segment accounted for about USD 31 billion of the country’s GDP. Marine operations are one of the biggest recovering sectors after the effect of the COVID-19 pandemic over all the sectors.
During the pandemic shipping lines have benefitted from the increasing freight rates owing to increase in the e-commerce. The shopping habits and spending patterns in the younger generation resulted in driving the demand for shipping and docking facilities in the U.S. market.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. docks market , including forecasts for subscribers. This country databook contains high-level insights into U.S. docks market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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