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Boat Repair & Maintenance in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Boat Repair & Maintenance Market Research Report | SIC C33.150 | Oct 2016

Rough waters: Demand from the military, households and freight transport is likely to fall

The Boat Repair & Maintenance market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Babcock International Group plc Babcock International Group plc market share
BAE Systems plc BAE Systems plc market share
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
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Industry Analysis & Industry Trends

The industry expanded over the past five years, supported by strong demand conditions at the start of the period. This was mainly due to repairs and maintenance activities that were postponed during the downturn being carried out when economic conditions improved. Revenue declined from 2014-15, as weak demand for freight and passenger transport slowed demand for repair and maintenance. Demand from the military was also subdued as pressure on public spending intensified. Nevertheless, improvements in real disposable income and falling unemployment increased demand from households, because more households could afford leisure boats. In addition, demand for marine coating services grew, which supported industry revenue... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry are moderate for larger players trying to enter the industry due to competition for desirable locations, large set-up costs and the need for well-developed customer relationships. Competition for land in desirable locations is high. There are few locations feasible for market entrants, and without a location that is close to marinas or docks success is unlikely. Dry-dock services must be carried out near to the water, as the transportation of boats and ships can be extremely difficult and expensive (dependant on size of vessel). All other repair and maintenance work is completed with the boat still in the water; therefore, it is essential to be located here to improve efficiency. The high competition for this land increases the price and ultimately the set-up costs. Mea.. purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Boat Repair & Maintenance Industry?

This industry provides ship and boat repair and maintenance services including dry-dock services or in-water repair, spare part supplying and cleaning. Engine overhaul and the complete refitting of ships and boats are excluded from the industry.

Industry Products
Dry-dock servicesRepair and maintenance servicesCleaning servicesNew and replacement parts retailing
Industry Activities
Dry-dock servicesShip and boat repairSupplying new and replacement partsShip and boat maintenance and cleaning

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