Germany Marine Vinyl Market Size & Outlook, 2023-2030
Germany marine vinyl market, 2018-2030 (US$M)
Related Markets
Germany marine vinyl market highlights
- The Germany marine vinyl market generated a revenue of USD 13.2 million in 2023 and is expected to reach USD 18.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 5.3% 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 13.2 million |
| Market revenue in 2030 | USD 18.9 million |
| Growth rate | 5.3% (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, Germany accounted for 3.9% 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 Europe, France marine vinyl market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 12.6 million by 2030.
Cruise ships was the largest segment with a revenue share of 35.61% in 2023. Horizon Databook has segmented the Germany 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.
The marine vinyl market in Germany is expected to grow due to several factors, such as the country's robust boating industry, increasing consumer interest in recreational marine activities, and the demand for durable, high-quality materials in marine applications. Germany has a significant number of recreational boat owners and enthusiasts.
According to the Ministry of Foreign Affairs, Germany has approximately 1.73 million licensed anglers and 174,000 recreational sea fishermen. This has led to a rise in demand for boats, yachts, and other marine vessels, driving the need for high-quality materials like marine vinyl for upholstery, covers, and other applications.
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Marine Vinyl Market Scope
Marine Vinyl Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany marine vinyl market size, by end use, 2018-2030 (US$M)
Germany Marine Vinyl Market Outlook Share, 2023 & 2030 (US$M)
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