Docks Market Report 2025

The docks market size has grown steadily in recent years. It will grow from $1.76 billion in 2024 to $1.83 billion in 2025 at a compound annual growth rate (CAGR) of 4%. The growth in the historic period can be attributed to marine industry growth, waterfront property development, boating and recreational trends, fishing and aquaculture operations, tourism and waterfront attractions.

The docks market size is expected to see strong growth in the next few years. It will grow to $2.24 billion in 2029 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to sustainable waterfront development, climate change adaptation, increased leisure boating, technological integration in marine operations, coastal infrastructure investments. Major trends in the forecast period include accessibility features, resilient design for climate change, modular and expandable systems, green infrastructure integration, local regulations compliance.

The rise in the movement of marine vessels is anticipated to drive growth in the dock market moving forward. Maritime vessels refer to items related to the sea and shipping. The movement of these vessels is influenced by navigational routes, access to ports, cargo demand, weather conditions, and advancements in navigation and propulsion technologies. A dock is a structure situated alongside or at an angle to a navigable canal, enabling ships to stop and load or unload cargo. For instance, in January 2024, the Arctic Council, a Norway-based intergovernmental organization, reported that the number of ships entering the Arctic polar region increased from 1,677 in 2022 to 1,782 in 2023, representing a growth of 6.3%. Consequently, the increase in marine vessel movement is expected to propel the dock market.

The anticipated surge in global trade is expected to heighten demand within the dock market. Global trade, encompassing the exchange of goods and services across international boundaries, fuels the need for efficient cargo movement. Recent statistics from the United Nations Conference on Trade and Development (UNCTAD) reveal a 1.9% increase in goods trade in the first quarter of 2023, adding nearly $100 billion. Additionally, global services trade expanded by around $50 billion (2.8%) during the same period. Consequently, this growth in global trade is poised to positively impact the dock market.

A notable trend in the dock market revolves around technological advancements. Leading companies within this sector are actively innovating to fortify their market positions. For instance, in January 2023, Targus, a US-based company specializing in universal docking solutions and tech accessories, unveiled the DOCK710 and DOCK720. These products stand out for their capacity to support four 4K screens or a single 8K monitor along with two 4K displays using a single USB-C cable. Furthermore, they offer 100W PD, Fingerprint ID, DP Alt Mode, and DisplayLink technology. Designed to elevate productivity, security, and performance while maintaining a clutter-free workspace, these advancements exemplify the ongoing technological evolution in the dock market.

Prominent players within the docks market are significantly ramping up their investments to maintain competitiveness in this sector. Strategic investment, a purposeful allocation of financial resources into ventures aligning with an organization's long-term objectives, serves to bolster competitive positioning and achieve specific strategic goals. Notably, Crowley Maritime Corporation, a US entity specializing in vessel management, ownership, and supply chain logistics services, recently disclosed a substantial investment in Tugdock. Tugdock is renowned for pioneering the world's inaugural road-transportable floating dry dock, known as the Tugdock Submersible Platform (TSP). This investment aims to propel the advancement of offshore wind energy within the US market. Crowley, recognized for its comprehensive supply chain solutions in the offshore wind sector, collaborates with Tugdock to explore potential utilization of these platforms in regions such as the U.S. West Coast, where conventional dry docks may not meet the logistical demands due to depth limitations.

In June 2024, Guardian Capital Partners, a private equity firm based in the US, acquired American Overhead Door & Dock, LLC for an undisclosed sum. This acquisition is part of Guardian Capital Partners' strategy to establish and grow its North American Door & Dock platform by integrating American Overhead Door & Dock, LLC. The partnership aims to scale operations within the commercial and industrial door and dock services sector through a buy-and-build approach, thereby enhancing market presence and service offerings. American Overhead Door & Dock, LLC specializes in commercial door and loading dock services in the US.

Major companies operating in the docks market include Meeco Sullivan LLC, Jet Dock Systems Inc., Marinetek Group Oyj, EZ Dock Inc., Martini Alfredo SpA, Walcon Marine Ltd., Damen Shipyards Group, Accudock, Bellingham Marine Industries Inc., Transpac Marinas Inc., Candock Inc., PMS Dockmarine, Great Northern Docks Inc., Dockside Marine Supply & Marine Services, Dock Builders Supply, DockinaBox, Dock Doctors LLC, Dock & Marine Construction Corp., Dockside Marine Centre Ltd., Dockside Marine Supply & Resort, Renegade Docks, ShoreStation, DeckWave, Dry Dock Marine Group, East Coast Docks, Royal Docks.

North America was the largest region in the docks market in 2024. The regions covered in the docks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the docks market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Docks are areas of water in a port where commodities are loaded and unloaded from ships, providing a location for anchoring or berthing large seagoing or oceangoing vessels, including container ships.

The main types of docks include fixed docks and floating docks. Fixed docks are traditional structures drilled into the water bed, assembled with the dock and decking on top, and are suitable for shallow water and adverse weather conditions. They are installed for various purposes, including residential, commercial, industrial, and institutional applications, and can be accessed using laptops, desktops, tablet devices, and other platforms.

The docks market research report is one of a series of new reports that provides docks market statistics, including docks industry global market size, regional shares, competitors with a docks market share, detailed docks market segments, market trends, and opportunities, and any further data you may need to thrive in the docks industry. This docks market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The docks market includes revenues earned by entities by providing services related to pile docks, pipe docks, crib docks, and cantilever docks. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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