The Boat Repair and Maintenance industry has endured lacklustre conditions during the past five years. The economic downturn caused freight and passenger traffic to remain constrained during many years of the period, which restricted demand. Pressure on household spending and falling real incomes also negatively influenced demand because fewer households could afford to own leisure boats. Meanwhile, demand from the military remained subdued as pressures on public spending intensified. Nevertheless, cruise operators performed relatively well as they remained largely unaffected by the weak economic conditions.
This industry provides ship and boat repair and maintenance services including dry-dock services or in-water repair, spare part supplying and cleaning. Engine overhaul and the complete refitting of ships and boats are excluded from the industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.