Ship Repairing and Conversion in China - Industry Market Research Report

Ship Repairing and Conversion in China - Industry Market Research Report

Ship Repairing and Conversion in China

The Ship Repairing and Conversion industry's revenue has fluctuated over the past five years. Overall, mainly due to large decline of industry revenue in 2021, industry revenue is expected to decrease an annualized 2.1% to $5.3 billion over the five years through 2023, including 1.4% expected growth in 2023 alone, when profit margins will increase to 4.7%.

Businesses in the Ship Repairing and Conversion industry in China primarily convert, dismantle and repair metal and non-metal ships, and maintain shipyards. The repairing of pleasure craft and recreational boats is not included in this industry. Ship repairing, conversion and dismantling are the industry's major service segments.

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.