Market Overview:
The global boat covers 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 the increasing demand for boats and rising awareness about boat covers among consumers. Boat covers are used to protect boats from harsh weather conditions, dust, and UV radiation. They also help in maintaining the appearance of boats by preventing them from getting scratched or stained. The global boat covers market is segmented on the basis of type into woven and non-woven boat covers. The woven boat cover segment is expected to hold a larger share of the market than the non-woven segment during the forecast period owing to its superior quality and durability as compared to non-woven boat covers. The online store segment is projectedto register higher growth thanthe offline storesegmentduring thereportperioddue tobetter reachand accessibilityof thesecoversvia digital platformssuch as websitesand apps .
Product Definition:
Boat covers are often made from durable materials like canvas or vinyl and are designed to protect boats from the elements. They can help keep a boat's finish looking new, prevent UV damage, and keep the inside of the boat dry. Some boat covers also include built-in vents to allow air circulation and reduce moisture build-up.
Woven:
Woven is a man-made fiber that is produced from the collection of staple fibers that are formed into a fabric by weaving. The two types of woven materials include synthetic and natural. Synthetic Woven material accounts for the largest share in global market owing to its cost effectiveness, easy availability, high strength & durability and low maintenance as compared to natural woven material.
Non-Woven:
Non-woven is a type of material that has been developed from fibers, which are not fully processed. The most common types of non-woven include polypropylene (PP), polyester, and polyethylene terephthalate (PET). These materials have high strength and durability as compared to woven fabrics. Moreover, they can be manufactured in any color or design as compared to woven fabrics.
Application Insights:
The offline store application segment accounted for the largest revenue share of over 60% in 2017. The demand for boat covers is increasing due to rising disposable income and spending capacity of consumers, especially in European countries such as Germany, France and U.K. Moreover, the growing number of water sports activities has resulted in an increased demand for boats across the globe which is expected to drive growth over the forecast period.
Online stores are also anticipated to witness significant growth owing to easy product availability at affordable prices along with prompt delivery options that help customers save both time and money. Furthermore, companies operating online stores offer a wider range of products including accessories along with free shipping service within certain limits which further drives industry expansion on a positive note.
The Asia Pacific region is projected to expand at a CAGR exceeding 7% from 2018 to 2030 owing primarilyto China's rapid economic development coupled with increasing consumer spending on luxury goods including yachts.
Regional Analysis:
Asia Pacific dominated the global boat covers market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing disposable income, growing population, and rising demand for recreational activities such as fishing and cruising. Moreover, factors such as changing lifestyles coupled with rapid urbanization in developing countries are projected to drive product demand further.
Europe accounted for a significant share of revenue in 2017 owing to high consumer spending on leisure activities along with increased adoption of water sports & fishing trips among others across the region. North America is also expected witness steady growth over the next eight years owing to increasing awareness regarding climate change caused by carbon emissions from boats coupled with growing environmental concerns among consumers which ultimately drives boat covers demand.
Growth Factors:
- Increasing demand for boat covers from the marine and fishing industry as a result of the growth in recreational boating.
- The increasing popularity of pontoon boats, which has led to an increase in demand for boat covers that are specifically designed for this type of vessel.
- The growing market for luxury yachts, which has resulted in an increased demand for high-end boat covers made from expensive materials such as leather and canvas.
- An increase in the number of people who own boats but do not have enough storage space to keep them covered when they're not being used, leading them to buy boat covers instead.
- Improvements in manufacturing technology that have led to the development of more durable and lightweight boat covers
Scope Of The Report
Report Attributes
Report Details
Report Title
Boat Covers Market Research Report
By Type
Woven, Non-Woven
By Application
Online Store, Offline Store
By Companies
Classic Accessories, EmpireCovers, Taylor Made Products, Bass Pro Shops, Westland, Unified Marine, Rod Saver, Tempress, Dowco Powersports, Attwood Marine Products
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Boat Covers Market Report Segments:
The global Boat Covers market is segmented on the basis of:
Types
Woven, Non-Woven
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
Online Store, Offline Store
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:
- Classic Accessories
- EmpireCovers
- Taylor Made Products
- Bass Pro Shops
- Westland
- Unified Marine
- Rod Saver
- Tempress
- Dowco Powersports
- Attwood Marine Products
Highlights of The Boat Covers 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:
- Woven
- Non-Woven
- By Application:
- Online Store
- Offline Store
- 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 Covers 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 covers are a type of cover that is designed to protect boats from the elements. They can be made from a variety of materials, including fabric, vinyl, or plastic. Boat covers can also be customized to fit specific boats and can include features such as rain guards or sun protection.
Some of the major companies in the boat covers market are Classic Accessories, EmpireCovers, Taylor Made Products, Bass Pro Shops, Westland, Unified Marine, Rod Saver, Tempress, Dowco Powersports, Attwood Marine Products.
The boat covers 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 Covers 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 Covers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Boat Covers 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 Covers 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 Covers Market Size & Forecast, 2020-2028
4.5.1 Boat Covers Market Size and Y-o-Y Growth
4.5.2 Boat Covers 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 Woven
5.2.2 Non-Woven
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 Online Store
6.2.2 Offline Store
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Boat Covers 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 Covers 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 Woven
9.6.2 Non-Woven
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 Online Store
9.10.2 Offline Store
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 Woven
10.6.2 Non-Woven
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 Online Store
10.10.2 Offline Store
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 Woven
11.6.2 Non-Woven
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 Online Store
11.10.2 Offline Store
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 Woven
12.6.2 Non-Woven
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 Online Store
12.10.2 Offline Store
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 Woven
13.6.2 Non-Woven
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 Online Store
13.10.2 Offline Store
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 Covers Market: Competitive Dashboard
14.2 Global Boat Covers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Classic Accessories
14.3.2 EmpireCovers
14.3.3 Taylor Made Products
14.3.4 Bass Pro Shops
14.3.5 Westland
14.3.6 Unified Marine
14.3.7 Rod Saver
14.3.8 Tempress
14.3.9 Dowco Powersports
14.3.10 Attwood Marine Products
