Marine Interiors Market Value Projected to Expand by 2029

The global marine interior market is anticipated to grow at a CAGR of 10.1% during the forecast period. The growing demand for luxury yachts and ships along with the increasing number of aged ships led to a surge in refurbishment programs across the globe. Several key market players are providing refurbishment services to stay competitive in the market. For instance, in September 2022, Trimline Ltd., an interior outfitter dedicated to the marine industry renovated 56 suites onboard Hapag-Lloyd Cruises Europa at a shipyard in Hamburg, Germany. The company spent two weeks carrying out the renovations, which included the installation of new flooring, fixed furniture, soft furnishings, and light fittings. Additionally, in March 2020, Trimline Ltd. completed the refurbishment of the TUI Mein Schiff 4 in Marseille. The company transformed two restaurants, a bar, and a lounge in over 11 days. It also customized 40 items of bespoke joinery and installed them onboard, including a wine chiller cabinet and booth seating. Further, the company upgraded the specialty restaurant ‘La Spezia’ in 7 days of refit in Marseille.

Apart from this, in August 2022, aircraft carrier INS Vikramaditya underwent its first major refit and is expected to sail out in the next couple of months. The Navy ship or submarine undergoes refit after two years of operation. The refit duration ranges from two weeks to two months depending on the size of the vessel. The refit has taken place at the Cochin shipyard for 5 months and in the refurbishment program, the carrier’s hull got treated and painted. This will drive the overall marine interior market during the forecast period.

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Market Coverage

  • The market number available for – 2023-2030
  • Base year- 2022
  • Forecast period- 2023-2030

Segment Covered- 

  • By Ship Type
  • By Product
  • By Material
  • By End-User
  • By Application

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
  • Competitive Landscape- including Aros Marine, Bolidt Synthetic Products B.V., Bourne Construction Engineering Ltd, Forbo Flooring, KAEFER SE & Co. KG, Marine Interiors S.p.A. and others

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Marine Interiors Market Report Segment

By Ship Type

  • Commercial
  • Defense
  • By Product
  • Ceilings & Wall Panels
  • Furniture
  • Galleys & Pantries
  • Lighting
  • Others

By Material  

  • Aluminum
  • Steel
  • Composites
  • Joinery
  • Others
  • By End-Users
  • New Fit
  • Refit

Marine Interiors Market Report Segment by Region

North America                                                                                                                                                                            

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

  • Latin America
  • Middle East and Africa

Company Profiles 

  • ALMACO Group
  • Aros Marine
  • Bolidt Synthetic Products B.V.
  • Bourne Construction Engineering Ltd.
  • Forbo Flooring
  • Hella Marine
  • KAEFER SE & Co. KG
  • Marine Interiors S.p.A.
  • Mivan Marine Ltd.
  • NORAC AS
  • Osram Licht AG
  • Oy Lautex AB
  • Oy NIT Naval Interior Team Ltd.
  • Precetti Inc.
  • R&M International GmbH
  • Tillberg Design of Sweden
  • Trimline Ltd.

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