Inflatable Vessel Market

Inflatable vessel market: read the latest statistics enhanced by an Ai-driven business intelligence platform. Information provide production, trade, consumption, imports, exports, market size, market prices, and companies. Here is a split by region, including China, Russia, the U.S., Africa, the U.K., the Middle East, Latin America, and EU. Market trends and forecast to 2030 are also featured in the snapshots.

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Inflatable Vessel - World's Largest Markets

In value terms, Brazil, Pakistan and the United States appeared to be the countries with the highest levels of market value in 2020, with a combined 27% share of the global market. Ethiopia, Nigeria, Canada, Indonesia, Mexico, China, Russia, the UK, Spain and Germany lagged somewhat behind, together comprising a further 19%.

In terms of the main consuming countries, the UK recorded the highest growth rate of market size, over the period under review, while inflatable vessel market for the other global leaders experienced more modest paces of growth.

Inflatable Vessel Prices

Inflatable Vessel - Top Importers

In value terms, France ($66M), Germany ($36M) and the UK ($33M) constituted the countries with the highest levels of imports in 2020, with a combined 26% share of global imports. These countries were followed by Italy, Spain, Belgium, Australia, Canada, Sweden, Japan, South Korea, Poland and Turkey, which together accounted for a further 24%.

Belgium (+54.4% per year) recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Inflatable Vessel - Top Exporters

In value terms, China ($177M) remains the largest inflatable vessel supplier worldwide, comprising 37% of global exports. The second position in the ranking was occupied by France ($27M), with a 5.5% share of global exports.

In China, inflatable vessel exports increased at an average annual rate of +5.4% over the period from 2018-2020. In the other countries, the average annual rates were as follows: France (+18.3% per year) and Germany (+34.5% per year).

Inflatable Vessel - Market Forecast

Driven by rising demand for inflatable vessel worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Inflatable Vessel - Product Coverage

• HS 890310 - Yachts and other vessels; for pleasure or sports, rowing boats and canoes, inflatable

Source: IndexBox Market Intelligence Platform