Brazil Marine Vinyl Market Size & Outlook, 2023-2030
Brazil marine vinyl market, 2018-2030 (US$M)
Related Markets
Brazil marine vinyl market highlights
- The Brazil marine vinyl market generated a revenue of USD 1.7 million in 2023 and is expected to reach USD 2.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, cruise ships was the largest revenue generating end use in 2023.
- Sport Boats is the most lucrative end use segment registering the fastest growth during the forecast period.
Marine vinyl market data book summary
| Market revenue in 2023 | USD 1.7 million |
| Market revenue in 2030 | USD 2.5 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Cruise ships |
| Fastest growing segment | Sport Boats |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Yachts, Cruise Ships, Sport Boats, Other End Uses |
| Key market players worldwide | Herculite Products Inc, Uniroyal Global Engineered Products Inc, Ultrafabrics Holdings Co Ltd, Sunbrella, Swavelle, Charlotte Fabrics, Richloom Fabrics Group, Morbern, OMNOVA Solutions, Inc., Reliatex, BZ leather, Spradling International, Nassimi |
Other key industry trends
- In terms of revenue, Brazil accounted for 0.5% of the global marine vinyl market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil marine vinyl market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 2.5 million by 2030.
Cruise ships was the largest segment with a revenue share of 41.18% in 2023. Horizon Databook has segmented the Brazil marine vinyl market based on yachts, cruise ships, sport boats, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil has one of the longest coastlines in the world, stretching over 7,400 kilometers. This extensive coastline supports a wide range of marine activities, from fishing to recreational boating, which in turn drives demand for marine vinyl market.
Furthermore, the popularity of boating as a leisure activity is increasing among Brazilians, particularly in affluent areas like Rio de Janeiro and São Paulo. The rise in recreational boating fosters demand for high-quality marine vinyl for upholstery, flooring, and protective covers.
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Marine Vinyl Market Scope
Marine Vinyl Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil marine vinyl market size, by end use, 2018-2030 (US$M)
Brazil Marine Vinyl Market Outlook Share, 2023 & 2030 (US$M)
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