Market Overview:
The global boat anchors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as increasing demand for boats and yachts, rising awareness about safety and security while sailing, and growing popularity of recreational boating. The global boat anchors market is segmented on the basis of type into plow boat anchors, flat boat anchors, grapnel boat anchors, floating boat anchors, and other types. The plow anchor type is expected to hold the largest share in the global market due to its high holding power in all types of soil conditions. On the basis of application, the global market is segmented into boats, yachts, and other applications such as fishing vessels and cruise ships. Boats are expected to hold a major share in terms of application due to their widespread use across various regions worldwide.
Product Definition:
Boat anchors are devices used to hold a boat in place. They can be either heavy objects, like rocks, or metal anchors.
Plow Boat Anchors:
Plow boat anchors are a special type of anchor used in the shallow water. It is an important tool for farmers to control and guide their plows into the soil. The main function of this anchor is to stabilize the plowshare in deep snow or soft soil. This anchor also provides resistance from side loads when operating on soft soils, which makes it suitable for agriculture purposes as well as marine uses.
The global market size was valued at USD 856 million in 2016.
Flat Boat Anchors:
Anchors are used to secure a vessel in place. They can be permanent or temporary depending on the use. The anchors used in boats are different from those used for ships as they have to suit the weight of the boat and also have to be suitable for holding sand or mud banks.
Application Insights:
The boats application segment accounted for the largest share of over 70.0% in 2017. The demand for boat anchors is generally higher in developed regions such as North America and Europe than that of developing regions. This can be attributed to the availability of advanced equipment, infrastructure, and services for launching and docking boats at marinas or on lakes. Moreover, increasing disposable income levels coupled with a growing population has resulted in an increased number of luxury yacht purchases globally which is expected to boost product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global boat anchors market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for a major share of yachts and other recreational boats as well as commercial vessels used for fishing, transportation, oil & gas exploration, etc. China is one of the largest markets in this region owing to growing demand from middle-class population groups seeking affordable watercraft suitable for day-trips or longer cruises.
Europe accounted for more than 20% revenue share in 2016 on account of high demand from countries including U.K.
Growth Factors:
- Increasing demand for boat anchors from the marine industry
- Rising popularity of recreational boating and fishing
- Growing number of luxury yachts and boats
- Proliferation of online retailing platforms for boat anchors
- Technological advancements in boat anchor manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Boat Anchors Market Research Report
By Type
Plow Boat Anchors, Flat Boat Anchors, Grapnel Boat Anchors, Floating Boat Anchors, Other
By Application
Boats, Yachts, Other
By Companies
Anchorlift, Batsystem, Burke, Canepa & Campi, China Industry & Marine Hardware, East Brightness Hardware, Eval, FOB, Fortress Marine Anchors, Lewmar, Anchorlift, Marinetech, Osculati, Plastimo, Qingdao K-Wing Industry, Rocna Anchors, Sea Tech and Fun, SINOX INTERNATIONAL, YCH
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Boat Anchors Market Report Segments:
The global Boat Anchors market is segmented on the basis of:
Types
Plow Boat Anchors, Flat Boat Anchors, Grapnel Boat Anchors, Floating Boat Anchors, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Boats, Yachts, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Anchorlift
- Batsystem
- Burke
- Canepa & Campi
- China Industry & Marine Hardware
- East Brightness Hardware
- Eval
- FOB
- Fortress Marine Anchors
- Lewmar
- Anchorlift
- Marinetech
- Osculati
- Plastimo
- Qingdao K-Wing Industry
- Rocna Anchors
- Sea Tech and Fun
- SINOX INTERNATIONAL
- YCH
Highlights of The Boat Anchors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plow Boat Anchors
- Flat Boat Anchors
- Grapnel Boat Anchors
- Floating Boat Anchors
- Other
- By Application:
- Boats
- Yachts
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Boat Anchors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Boat anchors are metal or plastic devices that are used to secure a boat in place. They can be attached to the bottom of a boat, or they can be dropped into water and secured by ropes.
Some of the major companies in the boat anchors market are Anchorlift, Batsystem, Burke, Canepa & Campi, China Industry & Marine Hardware, East Brightness Hardware, Eval, FOB, Fortress Marine Anchors, Lewmar, Anchorlift, Marinetech, Osculati, Plastimo, Qingdao K-Wing Industry, Rocna Anchors, Sea Tech and Fun, SINOX INTERNATIONAL, YCH.
The boat anchors market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Boat Anchors Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Boat Anchors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Boat Anchors Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Boat Anchors Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Boat Anchors Market Size & Forecast, 2020-2028 4.5.1 Boat Anchors Market Size and Y-o-Y Growth 4.5.2 Boat Anchors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Plow Boat Anchors
5.2.2 Flat Boat Anchors
5.2.3 Grapnel Boat Anchors
5.2.4 Floating Boat Anchors
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Boats
6.2.2 Yachts
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Boat Anchors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Boat Anchors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Plow Boat Anchors
9.6.2 Flat Boat Anchors
9.6.3 Grapnel Boat Anchors
9.6.4 Floating Boat Anchors
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Boats
9.10.2 Yachts
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Plow Boat Anchors
10.6.2 Flat Boat Anchors
10.6.3 Grapnel Boat Anchors
10.6.4 Floating Boat Anchors
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Boats
10.10.2 Yachts
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Plow Boat Anchors
11.6.2 Flat Boat Anchors
11.6.3 Grapnel Boat Anchors
11.6.4 Floating Boat Anchors
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Boats
11.10.2 Yachts
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Plow Boat Anchors
12.6.2 Flat Boat Anchors
12.6.3 Grapnel Boat Anchors
12.6.4 Floating Boat Anchors
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Boats
12.10.2 Yachts
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Plow Boat Anchors
13.6.2 Flat Boat Anchors
13.6.3 Grapnel Boat Anchors
13.6.4 Floating Boat Anchors
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Boats
13.10.2 Yachts
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Boat Anchors Market: Competitive Dashboard
14.2 Global Boat Anchors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Anchorlift
14.3.2 Batsystem
14.3.3 Burke
14.3.4 Canepa & Campi
14.3.5 China Industry & Marine Hardware
14.3.6 East Brightness Hardware
14.3.7 Eval
14.3.8 FOB
14.3.9 Fortress Marine Anchors
14.3.10 Lewmar
14.3.11 Anchorlift
14.3.12 Marinetech
14.3.13 Osculati
14.3.14 Plastimo
14.3.15 Qingdao K-Wing Industry
14.3.16 Rocna Anchors
14.3.17 Sea Tech and Fun
14.3.18 SINOX INTERNATIONAL
14.3.19 YCH