Dock Accessories Market - By Type (Bumpers, Flag, Flag Poles, Ladders, Mooring Whips, Canoe Rocks, Solar Lights), By Application (Dock, Ship) & Global Forecast, 2023 – 2032

Dock Accessories Industry Analysis

Dock Accessories Market size crossed USD 16.5 billion in 2022 and will expand at 6% CAGR from 2023-2032.
 

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Rise in cargo shipping and global trade via ocean routes will propel the demand for dock accessories. Maritime shipping accounts for 90% of the global trade in goods and is a key component enabling the global economy and supply chains, such as food, and healthcare. As per OECD, maritime trade volumes are set to triple by 2050.
 

Ports are vital to ensure smooth, systematic, and streamlined maritime systems capable of connecting routes, rail, and road connections on land. Over the past decade, ports have been subject to dynamic transformations towards sustainable & smart logistics hubs that help operators lower their carbon footprint. Several nations with a solid maritime presence are strengthening shipping infrastructure through supportive initiatives.
 

COVID-19 Impact

The COVID-19 pandemic negatively influenced the dock accessories market. Several economies worldwide implemented stringent lockdowns to curb the spread of the virus. The onset of the pandemic resulted in unprecedented disruptions to maritime transport operations, affecting global supply chains. In 2020, global maritime trade declined by 3.8% as per the COVID-19 & Maritime: Navigating the Crisis & Lessons Learned report published by UNCTAD. Global maritime supply chains faced lead time issues, port closures, shortages of raw materials, truck & inland transport capacity constraints, and other challenges.
 

Dock Accessories Market Trends

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The number of active shipyards across the globe is increasing rapidly, fostering the demand for dock accessories, tools, and components. As per the Maritime Administration’s (MARAD) 2021 analysis of the economic significance of private U.S. shipyards, repair service providers identified 154 active private shipyards across 29 U.S. states, and the U.S. Virgin Islands. Additionally, the report identified more than 300 yards that support repair operations.  
 

Dock Accessories Application Segmentation

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With regard to application, the dock accessories market is categorized into dock, ship, and others. Ships accounted for a 48% share of the industry in 2022. A wide variety of dock accessories are used to support ships and boats in ports such as anchors, boat ladders, anchor lines, and mooring gears, among others. Moreover, several initiatives focusing on the development of a robust shipping infrastructure will increase the number of ships, driving the demand for dock accessories.
 

Dock Accessories Type Segmentation

Based on type, the industry is segmented into bumpers, ladders, solar lights, flag, mooring whips, flag poles, canoe rocks, ladders, and others. The dock accessories market size from bumpers is set to grow at a 4.5% CAGR between 2023 and 2032. Boat dock bumpers are used in fendering systems on dockage at ports, and marinas due to their shock-absorbing properties. Dock fenders protect both dock and the boats from damage caused by unintentional as well as accidental impacts during unprecedented weather conditions or collisions with other boats, and boaters. Ethylene propylene diene monomer (EPDM), and styrene-butadiene rubber (SBR) are two commonly used compounds to prevent impact damage to boats, docks, and watercrafts owing to their high tensile strength, and abrasion-resistant rubber.
 

Dock Accessories Regional Analysis

Europe dock accessories market size was more than USD 4.6 billion in 2022. Europe has one of the largest maritime sectors in the world. As per Eurostat, the total gross weight of goods dealt by EU ports in 2021 was estimated at 3.5 billion tons, up by 4.1% from 2020 volumes. The Netherlands remained the largest maritime freight transport country in 2021 with 590 million tons of seaborne goods handled in Dutch ports, which accounted for 17% of EU volume. Amsterdam, Rotterdam, Algeciras, Hamburg, Valencia, Antwerpen, Trieste, and Marseille are some of the notable contributors to the EU’s maritime freight sector.
 

Dock Accessories Industry Players

Some of the key companies are Dock Doctor, Shoremaster, PlayPower Inc., EZ Dock, Pier Pleasure, Voyager Dock, Delidocks, AccuDock, Ingemar, Candock, and Great Northern Docks. 
 

Dock Accessories Industry in News:

• July 2022: Miner, the dock & door division of America equipment provider OnPoint Group announced the acquisition of New Jersey Door Works (NJDW), a leading commercial dock & door company based in New York.
   
• September 2021: PlayPower unveiled PlaySoleil™, a solar-powered light, designed to offer greater durability and easy fit into the posts of new and existing playground structures.
   

The Dock Accessories Market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue in USD Billion from 2018 to 2032 for the following segments:

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By Type

• Bumpers
• Flag
• Flag Poles
• Ladders
• Mooring Whips
• Canoe Rocks
• Solar Lights
• Others

By Application

• Dock
• Ship
• Others

By Region

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Poland
• Asia Pacific
  • China
  • India
  • Japan
  • Indonesia
  • South Korea
  • Thailand
  • Australia
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa
  • UAE
  • South Africa
  • Saudi Arabia