Marine Interiors Market
Marine Interiors Market Forecasts to 2028 – Global Analysis By Material (Aluminium, Composites, Joinery, Steel), Product (Galleys, Furniture, Lighting), Application (Passenger Area, Crew Area, Utility Area) and By Geography
Marine Interiors Market
According to Stratistics MRC, the Global Marine Interiors Market is accounted for $2.75 billion in 2020 and is expected to reach $7.62 billion by 2028 growing at a CAGR of 13.6% during the forecast period. Growing maritime tourism industry, rise in river cruise market and growth in refurbishment market is driving the market growth. However, high downtime in retrofitting ships is hampering the growth of the market.
Marine interior design provides the ability to capture the space that is needed early in the design process, allowing interior designers to roughly estimate the area which is required to showcase the essential interior design. The ship’s interior design promotes the reuse of standard details such as panel styles and corner trims, which can be catalogued and reused.
Based on the end user, the refit segment is going to have lucrative growth during the forecast period due to the rising need to upgrade the interior of cruise and yachts every three years. Therefore, various cruise lines are adopting a refurbishment program to improve or partially renovate the ship’s interior, reducing the high capital expenditure. By geography, Europe is going to have high growth during the forecast period due to rising demand for leisure and tourists’ activities in Europe.
Some of the key players profiled in the Marine Interiors Market include ALMACO, Aros Marine, Forbo Flooring Systems, Kaefer, Marine Interiors, Mivan Marine Ltd & MJM Marine, NORAC, OY Lautex AB, Precetti Inc., R&M Group, Terence Disdale, Tillberg Design Of Sweden and Trimline.
Report Coverage |
Details |
Published Year: |
2021 |
Estimated Market Size in 2020: |
USD 2.75billion |
Estimated Period: |
2020 |
Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
13.6% |
Predicted 2028 Value: |
USD 7.62billion |
Forecast Years: |
2021-2028 |
Tables, Graphs & Figures |
302 |
Chapters Covered: |
Material, Installation, Ship Type, Product, Application and Region |
Core Drivers and Opportunities: |
|
Restraining Factors & Market Threats: |
|
Materials Covered:
• Aluminium
• Composites
• Joinery
• Steel
Installations Covered:
• New Fit
• Retrofit
Ship Types Covered:
• Defense
• Commercial
Products Covered:
• Galleys & Pantries
• Furniture
• Ceiling & Wall Panels
• Lighting
Applications Covered:
• Public Area
• Passenger Area
• Crew Area
• Utility Area
• Cambatant Vessels
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Marine Interiors Market is majorly driven by growing maritime tourism industry, rise in river cruise market and growth in refurbishment market.
The commercial segment is growing at a highest CAGR owing to the demand being dependent on the cruise ship, and yachts new orderbooks and drydock schedule.
Europe dominated with a significant market share due to the presence of the leading manufacturers of marine interior providers such as Hella, Osram, Lumishore, and Foresti&Saurdi in this region.
Asia Pacific market is growing at a highest CAGR owing to the increasing defense expenditure in India and China and the rising demand for new and advanced naval vessels.
Key players in Marine Interiors Market include ALMACO, Aros Marine, Forbo Flooring Systems, Kaefer, Marine Interiors, Mivan Marine Ltd & MJM Marine, NORAC, OY Lautex AB, Precetti Inc., R&M Group, Terence Disdale, Tillberg Design Of Sweden and Trimline.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Marine Interiors Market, By Material
5.1 Introduction
5.2 Aluminium
5.3 Composites
5.4 Joinery
5.5 Steel
6 Global Marine Interiors Market, By Installation
6.1 Introduction
6.2 New Fit
6.3 Retrofit
7 Global Marine Interiors Market, By Ship Type
7.1 Introduction
7.2 Defense
7.2.1 Aircraft Carriers
7.2.2 Amphibious Ships
7.2.3 Corvettes
7.2.4 Destroyers
7.2.5 Frigates
7.2.6 Offshore Patrol Vessels
7.2.7 Offshore Support Vessels (OSV)
7.2.8 Submarines
7.3 Commercial
7.3.1 Cargo Vessels
7.3.1.1 Bulk Carriers
7.3.1.2 Container Ships
7.3.1.3 Gas Tankers
7.3.1.4 General Cargo Ships
7.3.1.5 Tankers
7.3.2 Passenger Vessels
7.3.2.1 Ferries
7.3.2.2 Yachts
7.3.2.3 Cruises
7.3.3 Other Commercial Ship Types
7.3.3.1 Dredgers
7.3.3.2 Fishing Vessels
7.3.3.3 Research Vessels
7.3.3.4 Submarines
7.3.3.5 Tugs & Workboats
8 Global Marine Interiors Market, By Product
8.1 Introduction
8.2 Galleys & Pantries
8.3 Furniture
8.4 Ceiling & Wall Panels
8.5 Lighting
8.5.1 Signage
8.5.2 Flooring
8.5.3 Decorative
8.5.4 Ceiling & Walls
9 Global Marine Interiors Market, By Application
9.1 Introduction
9.2 Public Area
9.2.1 Disco & Casinos
9.2.2 SPA & Wellness Areas
9.2.3 Staircases & Corridors
9.3 Passenger Area
9.3.1 Inside and Outside Cabins
9.3.2 Wet Units
9.3.3 Suites
9.4 Crew Area
9.4.1 Cabin & Wet Units
9.4.2 Recreational Rooms
9.4.3 Crew Corridors & Crew Staircases
9.4.4 Mess Rooms
9.5 Utility Area
9.5.1 AC Rooms
9.5.2 Laundries
9.5.3 Bridges
9.5.4 Engine Rooms
9.5.5 Galleys, Pantries, Provision Stores
9.6 Cambatant Vessels
10 Global Marine Interiors Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 ALMACO
12.2 Aros Marine
12.3 Forbo Flooring Systems
12.4 Kaefer
12.5 Marine Interiors
12.6 Mivan Marine Ltd & MJM Marine
12.7 NORAC
12.8 OY Lautex AB
12.9 Precetti Inc.
12.10 R&M Group
12.11 Terence Disdale
12.12 Tillberg Design Of Sweden
12.13 Trimline
List of Tables
1 Global Marine Interiors Market Outlook, By Region (2019-2028) (US $MN)
2 Global Marine Interiors Market Outlook, By Material (2019-2028) (US $MN)
3 Global Marine Interiors Market Outlook, By Aluminium (2019-2028) (US $MN)
4 Global Marine Interiors Market Outlook, By Composites (2019-2028) (US $MN)
5 Global Marine Interiors Market Outlook, By Joinery (2019-2028) (US $MN)
6 Global Marine Interiors Market Outlook, By Steel (2019-2028) (US $MN)
7 Global Marine Interiors Market Outlook, By Installation (2019-2028) (US $MN)
8 Global Marine Interiors Market Outlook, By New Fit (2019-2028) (US $MN)
9 Global Marine Interiors Market Outlook, By Retrofit (2019-2028) (US $MN)
10 Global Marine Interiors Market Outlook, By Ship Type (2019-2028) (US $MN)
11 Global Marine Interiors Market Outlook, By Defense (2019-2028) (US $MN)
12 Global Marine Interiors Market Outlook, By Aircraft Carriers (2019-2028) (US $MN)
13 Global Marine Interiors Market Outlook, By Amphibious Ships (2019-2028) (US $MN)
14 Global Marine Interiors Market Outlook, By Corvettes (2019-2028) (US $MN)
15 Global Marine Interiors Market Outlook, By Destroyers (2019-2028) (US $MN)
16 Global Marine Interiors Market Outlook, By Frigates (2019-2028) (US $MN)
17 Global Marine Interiors Market Outlook, By Offshore Patrol Vessels (2019-2028) (US $MN)
18 Global Marine Interiors Market Outlook, By Offshore Support Vessels (OSV) (2019-2028) (US $MN)
19 Global Marine Interiors Market Outlook, By Submarines (2019-2028) (US $MN)
20 Global Marine Interiors Market Outlook, By Commercial (2019-2028) (US $MN)
21 Global Marine Interiors Market Outlook, By Cargo Vessels (2019-2028) (US $MN)
22 Global Marine Interiors Market Outlook, By Passenger Vessels (2019-2028) (US $MN)
23 Global Marine Interiors Market Outlook, By Other Commercial Ship Types (2019-2028) (US $MN)
24 Global Marine Interiors Market Outlook, By Product (2019-2028) (US $MN)
25 Global Marine Interiors Market Outlook, By Galleys & Pantries (2019-2028) (US $MN)
26 Global Marine Interiors Market Outlook, By Furniture (2019-2028) (US $MN)
27 Global Marine Interiors Market Outlook, By Ceiling & Wall Panels (2019-2028) (US $MN)
28 Global Marine Interiors Market Outlook, By Lighting (2019-2028) (US $MN)
29 Global Marine Interiors Market Outlook, By Signage (2019-2028) (US $MN)
30 Global Marine Interiors Market Outlook, By Flooring (2019-2028) (US $MN)
31 Global Marine Interiors Market Outlook, By Decorative (2019-2028) (US $MN)
32 Global Marine Interiors Market Outlook, By Ceiling & Walls (2019-2028) (US $MN)
33 Global Marine Interiors Market Outlook, By Application (2019-2028) (US $MN)
34 Global Marine Interiors Market Outlook, By Public Area (2019-2028) (US $MN)
35 Global Marine Interiors Market Outlook, By Disco & Casinos (2019-2028) (US $MN)
36 Global Marine Interiors Market Outlook, By SPA & Wellness Areas (2019-2028) (US $MN)
37 Global Marine Interiors Market Outlook, By Staircases & Corridors (2019-2028) (US $MN)
38 Global Marine Interiors Market Outlook, By Passenger Area (2019-2028) (US $MN)
39 Global Marine Interiors Market Outlook, By Inside and Outside Cabins (2019-2028) (US $MN)
40 Global Marine Interiors Market Outlook, By Wet Units (2019-2028) (US $MN)
41 Global Marine Interiors Market Outlook, By Suites (2019-2028) (US $MN)
42 Global Marine Interiors Market Outlook, By Crew Area (2019-2028) (US $MN)
43 Global Marine Interiors Market Outlook, By Cabin & Wet Units (2019-2028) (US $MN)
44 Global Marine Interiors Market Outlook, By Recreational Rooms (2019-2028) (US $MN)
45 Global Marine Interiors Market Outlook, By Crew Corridors & Crew Staircases (2019-2028) (US $MN)
46 Global Marine Interiors Market Outlook, By Mess Rooms (2019-2028) (US $MN)
47 Global Marine Interiors Market Outlook, By Utility Area (2019-2028) (US $MN)
48 Global Marine Interiors Market Outlook, By AC Rooms (2019-2028) (US $MN)
49 Global Marine Interiors Market Outlook, By Laundries (2019-2028) (US $MN)
50 Global Marine Interiors Market Outlook, By Bridges (2019-2028) (US $MN)
51 Global Marine Interiors Market Outlook, By Engine Rooms (2019-2028) (US $MN)
52 Global Marine Interiors Market Outlook, By Galleys, Pantries, Provision Stores (2019-2028) (US $MN)
53 Global Marine Interiors Market Outlook, By Cambatant Vessels (2019-2028) (US $MN)
Note: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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