ID: MRFR/A&D/8225-HCR | 174 Pages | Published By Swapnil Palwe on March 2023
Marine Interiors Market is projected to grow USD 4.65 Billion at a CAGR 11.2% by during the forecast period.
Global Marine Interiors Market is projected to reach USD 4.65 Billion and register a CAGR of 11.2% from 2020 to 2030. With the increasing demand for cruise ships, yachts, and ferries, the demand for advanced marine interiors has been increasing from the last few years. Moreover, the design development of lightweight and easy to install marine interior products such as ceilings & wall panels and galleys & pantries and furniture is driving the growth of the market.
The global marine interiors market has witnessed high growth in recent years owing to rise in the seaborne trade and growing maritime tourism industry. Moreover, the development in the refurbishment market is driving the growth of the marine interiors market. However, high downtime in retrofitting ships is expected to restrain the market growth to some extent.
An increase in the demand for passenger ships with advanced interiors
By Ship Type
Other Prominent Players
|Market Size||USD 4.65 Billion (2026)|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Product, Application, Ship Type|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||ALMACO Group (Finland), Aros Marine (Lithuania), Bolidt Systems (Netherlands), Forbo Flooring Systems (Netherlands), Kaefer GmbH (Germany), Marine Interiors Spa (Italy), Mivan Marine Ltd (UK), NORAC AS (Norway), R&M Group (Germany), Trimline Ltd (UK)|
|Key Market Opportunities||Adoption of Additive Manufacturing to Produce Marine Interiors|
|Key Market Drivers||
Global Marine Interiors Market is likely to expand at a CAGR of 11.2% from 2020 to 2026.
Global Marine Interiors Market is projected to value USD 4.65 billion from 2020 to 2026.
A rise in the demand for passenger ships with developed interiors is projected to be the USP of the global marine interiors market.
The growing defense expenditure in India and China, along with the increasing demand for a new and developed naval vessels are likely to augment the regional market.
ALMACO Group (Finland), Trimline Ltd (UK), Aros Marine (Lithuania), R&M Group (Germany), Bolidt Systems (Netherlands), NORAC AS (Norway), Forbo Flooring Systems (Netherlands), Mivan Marine Ltd (UK), Kaefer GmbH (Germany), Marine Interiors Spa (Italy), and a few others are the most established organization of the global marine interiors market.