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The global docks market reached a value of around USD 1.71 Billion in 2024. During the forecast period of 2025 and 2034, the market is expected to grow at a CAGR of 3.30% and to reach around USD 2.37 Billion by 2034.
Base Year
Historical Year
Forecast Year
Global merchandise trade, estimated to grow by 2.6% in 2024, can boost the demand for docks in the future.
India is on a path to strong infrastructure growth, with an estimated USD 82 billion to be invested in port developments by 2035.
Residential and commercial sectors are expected to grow at a CAGR of 3.2% and 3.6% during the forecast period of 2025-2034.
Value in USD Billion
2025-2034
Docks Market Outlook
*this image is indicative*
According to the Organisation for Economic Cooperation and Development’s (OECD) Economic Outlook Report, overall global trade is expected to grow by 2.3% in 2024 and 3.3% in 2025. This is double the growth of 1% recorded in 2023. This increasing global trade, especially in the merchandise sector, is expected to raise the demand for new docks, propelling the growth of the docks market. The market is also expected to grow due to an increase in B2B ecommerce sales, which is estimated to reach a value of USD 4.2 trillion by the end of 2024, according to the International Trade Administration.
Additionally, global commercial services trade, which grew by 9% in 2023 as per WTO estimates, will continue to grow steadily during the forecast period as well, positively impacting cruise travel and tourism around the world. This will lead to a rising demand for docks to ensure quick and efficient passenger transport.
Besides demand-led growth, the market is also expected to witness an investment-led growth during the forecast period. For instance, according to the G-20 initiative, the overall investment in the port infrastructure will exceed USD 60 billion by 2024. The docks market will account for a major share of this investment, further enhancing market dynamics.
Increase in global merchandise trade, e-commerce sales, cruise-based tourism, and the addition of new ocean fleet is accelerating the global docks market value.
The increasing global trade in merchandise is a major factor propelling the growth of the global docks market. According to the World Trade Organisation (WTO), merchandise trade is expected to grow at a rate of 2.6% in 2024 followed by 3.3% in 2025. The trend will further continue during the forecast period as well, increasing dock building activities around the world.
Ecommerce shipments are now reaching the remotest corners of the world, fuelling the demand for building new docks. According to the International Trade Administration, the global B2B ecommerce sales is estimated to reach USD 36 trillion by 2026, with continued growth in the upcoming years, potentially accelerating docks market development and expansion in several regions around the world.
Increased cruise travel and tourism is creating new docks market opportunities. According to the Cruise Lines International Association’s “State of the Cruise Industry Report 2024”, cruise passenger volume reached approximately 31.7 million in 2023. As the preference for cruise travel grows further due to rise in export of services and increased disposable income, the global market for docks will experience a surge in demand.
Countries across the world have increased their ship building activities to meet the demand for passenger and freight transport. For instance, the Cruise Lines International Association reported that the global docks market shall witness the addition of 8 new ships in 2024, increasing the number of ocean-freight to 300. The addition of new ships is also expected to propel the docks market growth.
“Global Docks Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Materials:
Market Breakup by Application:
Market Breakup by Region:
North America holds and will continue to account for the largest share in the docks market due to a projected 3.6% increase in export trade in 2024 by the WTO. The regional market growth will be propelled by the increased e-commerce sales, and an overall investment in port infrastructure worth USD 14 trillion in 2024, as estimated by the Global Infrastructure Outlook.
In contrast, Asia-Pacific region is expected to grow at a CAGR of 4.3% during the forecast period, owing to the biggest and busiest ports located in the region. Moreover, the region experienced a steady export volume of 3.4% and online ecommerce sales exceeding USD 7 trillion in the first half of 2024, providing exceptional growth opportunities for the docks market.
Market players are concentrating on technological advancements and regional market expansion to meet the growing demand for docking solutions
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2024, the docks market reached an approximate value of USD 1.71 Billion.
The docks market is estimated to grow at a CAGR of 3.30% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of USD 2.37 Billion by 2034.
The major factors driving market growth are increasing merchandise and ecommerce trade, rising investment in port infrastructure, and the growing cruise travel trends.
Key trends aiding market expansion include addition of new fleet to the market, increased R&D in environment-friendly dock building techniques, and introduction of durable and efficient floating docks.
The regions included in report are North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
Based on materials, the market segmentations include wood, metal, plastic and composites, and concrete.
The major players in the market include Bellingham Marine Industries, Marinetek Group, AccuDock, Maricorp U.S, Martini Alfredo S.p.A., Transpac Marinas Inc., Ingemar S.A. DE C.V., The Marina Company (Meeco Sullivan), Jet Dock Systems, Inc., and PlayPower, Inc. (EZ Dock, Inc.), among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Material |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Datasheet
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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