Rising demand for cruise travel across the globe and growing marine tourism with leisure activities are some of the major factors driving the growth of the marine seats market. With the increasing number of cruise ship passengers, and rise in the seaborne trading activities the marine seats market is expected to witness a significant growth during the forecast period. The passenger seats segment is expected to pace up with the rising number of marine and commercial ships. Further, crew seats segment is also expected to gain traction during the forecasted year.
Within the report, the marine seats market is segmented into seat type, component, ship type, and geography. By seat type, the marine seats market is further segmented into captain seats, crew seats, passenger seats, and general seats. On the basis of component, the marine seats market is segmented into frame, material, upholstery, and others. By ship type, the marine seats market is categorized into commercial and military. Geographically, the marine seats market is subsegmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.
Growth in the marine tourism, and adventure sports such as boating is boosting the marine seats market growth. Further, the growing demand for customized marine seats for yachts, boats and marine carriers is also contributing to marine seats market growth. In addition, the rising trend of 3D printing is expected to offer new opportunities in the coming few years. Increase in number of marine trade activities along with development in marine infrastructure and growing investment in R&D with focus on providing comfort through marine seat is gaining traction in the marine seats market. According to UN World Tourism Organization (UNWTO) the international tourist arrival is projected to reach 1.8 billion every year by 2030.
Major cruise liners such as Royal Caribbean, Norwegian, Carnival Cruises, and others are increasing their marine line carrying capacities to accommodate more passengers and voyages. According to the Cruise Market Watch 2021, the passenger count has witnessed an increase of 14 million from 7 million in 2020. The drop in the cruise travel mainly affected due to COVID-19 pandemic in 2020.
The marine seats market has undergone several significant developments, and a few of these have been mentioned below:
The marine seats market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. GRAMMER AG, Norsap (Imtra Corporation), ScotSeat Group, SHOCKWAVE, Springfield Group, Stidd Systems, Inc., Thomas Scott Seating Ltd., and Todd Enterprises are among the prominent players operating in the market.
In this report, the market has been segmented on the basis of: