Inflatable Boat Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Boat Type (Soft, Rigid); Floor Type (Aluminum, Fiberglass, Others); Material Type (PVC, Hypalon, Others); End User (Leisure, Sports, Others) and Geography
Report Code: TIPRE00007595
| No. of Pages: 150
| Category: Automotive and Transportation
| Status: Upcoming
The inflatable boat is a lightweight boat constructed with its sides and bow made of flexible tubes containing pressurized gas. The compulsory use of the inflatable boat on large commercial vessels and ships is one of the key drivers of the growth of global inflatable boat market. Since inflatable boats also find application in leisure and water sports activities, tourism industry is another factor driving the growth of the market. The market has perfect competition marked with the presence of various global as well regional manufacturers and customers.
The "Global Inflatable boat Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the inflatable boat market with detailed market segmentation by boat type, floor type, material type, end user and geography. The report provides key statistics on the market status of the leading inflatable boat market players and offers key trends and opportunities in the market. MARKET SEGMENTATION
The global inflatable boat market is segmented on the basis of boat type, floor type, material type, and end-user.
On the basis of boat type, the market is segmented as soft and rigid.
Based on floor type the market is segmented as aluminum, fiberglass, others.
On the basis of material type the market is segmented as PVC, Hypalon, others.
Based on end-user, the market is segmented as leisure, sport and others.
MARKET DYNAMICS Drivers:
Several benefits of inflatable boat such as lightweight, easy maneuverability, more power, faster, fuel-efficient, versatility, high stability, portability, and compactness.
Use in military for rescue operations
Compulsory use by large vessels and ships
Growing sports activities such as water racing, river rafting and other adventure
Tourism related places
Slowdown in global tourism industry
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The inflatable boat market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Inflatable boat market in these regions.
IMPACT OF COVID-19 ON INFLATABLE BOAT MARKET COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The report covers key developments in the inflatable boat market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Inflatable boat market market are anticipated to lucrative growth opportunities in the future with the rising demand for Inflatable boat market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Inflatable boat market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
ACHILLES INFLATABLE CRAFTS
HIGHFIELD BOATS CO., LTD
WEIHAI HIFEI MARINE CO., LTD
WILLIAMS JET TENDERS LIMITED
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.