Boat Repair & Maintenance in the UK - Industry Market Research Report

Boat Repair & Maintenance in the UK - Industry Market Research Report

Boat Repair & Maintenance in the UK

Revenue is forecast to grow at a compound annual rate of 0.4% over the five years through 2023-24 to £1.5 billion. Strong competition from alternative means of transport has squashed significant increases in demand for boat and repair and maintenance services, while the pandemic caused significant decreases in asset utilisation rates in 2020-21, reducing overall growth for the period.

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 do not fall under this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.