Spain Marine Vinyl Market Size & Outlook, 2023-2030
Spain marine vinyl market, 2018-2030 (US$M)
Related Markets
Spain marine vinyl market highlights
- The Spain marine vinyl market generated a revenue of USD 7.9 million in 2023 and is expected to reach USD 12.6 million by 2030.
- The Spain market is expected to grow at a CAGR of 6.8% 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 7.9 million |
| Market revenue in 2030 | USD 12.6 million |
| Growth rate | 6.8% (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, Spain accounted for 2.3% 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 37.97% in 2023. Horizon Databook has segmented the Spain 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.
Spain’s marine vinyl market is expected to witness considerable growth in the coming years, owing to the substantial surge in marine recreational activities, driven by an increase in the number of tourists. Spain is one of the top tourist destinations in the world, with a strong marine tourism sector.
According to the Tourism Statistics of Spain, Catalonia, the Balearic Islands, and the Canary Islands attracted 18, 14.4, and 13.9 million tourists in the year 2023, many of whom engaged in boating and water sports. This is expected to increase the demand for marine vinyl products over the forecast period.
Moreover, Spain has an extensive network of marinas and ports, supporting a thriving boating industry. The continuous development and modernization of these facilities create opportunities for marine vinyl applications.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Marine Vinyl Market Scope
Marine Vinyl Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Spain marine vinyl market size, by end use, 2018-2030 (US$M)
Spain Marine Vinyl Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
