Marine
Interiors
·
Marine interiors play a key role in the marine sector, as
maritime tourism is growing globally
·
Rise in urbanization and standard of living has increased the
demand for yachts, cruises, powerboats, etc., among people. Cruise vessels and
yachts are primarily utilized for pleasure activities and hence, their interior
plays a vital role by providing necessary comfort.
·
Marine interiors can be customized according to requirements,
depending on the budget
·
Aluminum, composites, steel, etc., are used for marine interior
owing to their superior performance in harsh environmental conditions such as
humidity, and moisture content. However, composite materials are widely
preferred as they are light in weight and can be fabricated into complex
shapes.
·
Demand for retrofit installation of marine interiors is high, as
several cruise lines are focusing on refurbishment programs to upgrade the
interior of their ships and reduce high capital expenditure
Key
Drivers of Global Marine Interiors Market
·
Demand for marine interiors has been increasing owing to a rise
in tourism activities and per capita income. Furthermore, a steady rise in
demand for pleasure and recreational activities around the globe is anticipated
to propel the demand for marine interiors.
·
Increase in refurbishment of yachts and cruises is likely to
propel the demand for marine interior in the near future
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Key
Development
·
On 27 February 2020, Tillberg Design of Sweden provided design
for Norwegian Cruise Line’s Encore. Encore is Norwegian Cruise Line’s newest
contribution and the fourth and final ship in the Breakaway Plus class. Encore
can accommodate nearly 4,000 guests. The company have been chosen to design the
top guest areas onboard; all cabins and suites, the Aft Main restaurants,
steakhouse, los lobos and many more restaurants and bars
onboard.
Europe
to Hold Major Share of Global Marine Interiors Market
·
Based on region, the global marine interiors market can be
segmented into North America, Europe, Asia Pacific, Latin America, and Middle
East & Africa
·
Europe dominated the global marine
interiors market in 2019. The market in the region is estimated to expand at a
rapid pace during the projected period. The marine sector in the region is well
established. Europe has the highest number of powerboat, yachts, and super
yachts in the world. Furthermore, boat shows and recreational activities are
rising in the region. The pleasure boat industry in France has 5,435 companies
that employ a total of 40,510 employees. France accounts for nearly one-third
of sales and one-fifth of the fleet in Europe.
·
North America held a vital share of the market in 2019 owing to
the large fleet size and increase in demand for pleasure boats in the region.
Rise in tourism and recreational activities is estimated to boost the demand
for marine interiors during the forecast period.
·
Asia Pacific and Middle East & Africa held moderate share of
the global marine interiors market in 2019. The market in the region is
expected to expand at a healthy pace during the forecast period. The sea
tourism industry in Asia Pacific is developing at a rapid pace. Moreover, the
pleasure and recreational boat industry has started expanding in the region.
·
Latin America held a relatively minor share of the global marine
interiors market in 2019. The market in the region is estimated to expand at a
sluggish pace during the forecast period, as the countries in the region are
still developing.
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Key
Players in Marine Interiors Market
Major players operating in the global marine interiors market
are as follows:
·
R&M Group
·
Terence Disdale
·
Tillberg Design Of Sweden
·
Trimline
·
OY Lautex AB
·
Forbo Flooring Systems
·
Aros Marine
·
ALMACO
·
Precetti Inc.
·
Kaefer
·
Marine Interiors
·
Mivan Marine Ltd & MJM Marine
·
NORAC
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