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.
Browse the full report description of “Marine Interiors Market Size, Share & Trends Analysis Report by Ship Type (Commercial and Defense), by Product (Ceilings & Wall Panels, Furniture, Galleys & Pantries, Lighting, and Others), by Material (Aluminum, Steel, Composites, Joinery, and Others), by End-Users (Retrofit and New Fit), and by Application (Passenger Area, Public Area, Crew Area, and Utility Area) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/marine-interior-market
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.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Ship Type
o By Product
o By Material
o By End-User
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o 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
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Marine Interiors Market Report Segment
By Ship Type
By Product
By Material
By End-Users
Global Marine Interiors Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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