The global docks market size was estimated at USD 1.79 billion in 2023 and is expected to witness a CAGR of 3.5% from 2024 to 2030. The market is driven by the rising structure demand as the governing bodies of various economies are conducting re-development of waterfronts to maximize their value for both business and community.

The majorly used set of materials for floating dock construction includes wood, metal, plastic, composites, and concrete. Wood is the conventional material used for dock manufacturing. However, it is susceptible to warp, rot, splinters, and insect damage. This dock material also requires constant ongoing maintenance and upkeep which is time-consuming and costly. Thus, plastic or composite materials have emerged as a better alternative to wood, as they are more robust, lightweight, and adaptable. In addition, these materials do not rust, dent, or warp and also withstand extreme weather conditions.

Gather more insights about the market drivers, restrains and growth of the Docks Market 

Detailed Segmentation:

Frame Material Insights

The metal frame segment led the market and accounted for more than 52.4% of revenue share in 2023. The metal segment is anticipated to see a boom in the market, over the forecast period, owing to the increasing demand for aluminum frame docks in the market. Docks with aluminum frames are highly preferred by lakefront homes or business owners as they offer strength as well as improve the aesthetic profile of the property where the docks are installed.

Material Insights

The wood material segment is expected to witness a CAGR of 2.8% from 2024 to 2030. The demand for wood has been increasing in the market as it is the most conventional material used in building docks and is expected to maintain its dominance over the forecast period owing to the superior natural aesthetics offered by the same.

Product Type Insights

Fixed docks dominated the market with a revenue share of 73.1% in 2023. These docks are large, solid structures that provide a stable & sturdy platform for boats, thus serving as a focal point for waterfront properties. These docks require lower maintenance compared to floating docks, thereby offering long-term reliability once installed. However, a potential restraint of fixed docks is their limited adaptability in areas with fluctuating water levels or tidal movements, which may make them unsuitable for certain environments. Additionally, depending on the materials used, fixed docks may require more maintenance over time to withstand various environmental factors and ensure longevity.

Application Insights

Saltwater dominated the market with a revenue share of 76.8% in 2023 and is further expected to grow at the fastest rate from 2024 to 2030. Coastal and marine tourism is a significant driver of demand for docks and boat lifts. Destinations such as the Mediterranean, the Caribbean, and Southeast Asia attract millions of tourists who engage in boating, sailing, and other water activities. The infrastructure required to support these activities, including docks and boat lifts, must be robust and resilient to withstand the harsher conditions of saltwater environments. As high tourist traffic necessitates reliable and safe docking facilities, the demand for docks & boat lifts is expected to grow rapidly in seawater settings.

Dock Accessories Insights

Lightings dominated the dock accessories market in 2023. It is crucial for docks, providing visibility and safety during nighttime operations or low-light conditions. Lights are typically mounted on the dock structure, illuminating the walking surface and edges. LED lights are commonly used due to their energy efficiency and durability. Other major types of lights used in docks include underwater lights, decorative lights, and safety lights.

End Use Insights

The commercial application segment led the market and accounted for 48.0% of the revenue share in 2023. There are endless possibilities for commercial applications for floating docks. However, they are commonly used in settings such as waterfront resorts and marinas. Commercial application places for floating docks include custom-built fuel docks and ship stores. Commercial application is the dominant segment of the floating docks market.

Regional Insights

North America docks market dominated and accounted for 44.2% of the global revenue in 2023 and is expected to continue the trend from 2024 to 2030. This growth of the market in the region can be attributed high penetration of docks in residential and commercial applications in North America. Moreover, rising efforts to increase the recreational centers in the region post-COVID-19 are also expected to contribute to the growth of the docks market in North America in the coming years. 

Browse through Grand View Research's Category Advanced Interior Materials Industry Research Reports.

• The global broaching machine market size was estimated at USD 452.5 million in 2023 and is projected to grow at a CAGR of 4.4% from 2024 to 2030.The growth of the broaching machine market is driven by the rising demand for precision machining solutions across various industries such as automotive, aerospace, metalworking, and industrial machinery.

• The global residential remodeling market size was estimated at USD 2.70 trillion in 2023 and is projected to grow at a CAGR of 4.6% from 2024 to 2030. The market is driven by several key factors, including the aging housing stock and the growing trend of homeownership. Many homes in the U.S. are over 30 years old, necessitating updates and repairs to maintain their functionality and aesthetic appeal.

Key Docks Company Insights

Some key players operating in the market include Marinetek and Candok.

• Marinetek company specializes in the fabrication and installation of marina and floating solutions. The company’s offerings include marina solutions, pontoons, and pontoon technology, floating solutions, and equipment such as docking equipment, boat mooring equipment, anchoring material, and safety equipment. In addition, they also offer modernization and remodeling services along with after sales maintenance, spare parts, and support. Marinetek operates in 45 countries including Canada, the Philippines, Italy, Malaysia, the U.S., and Russia along with 12 manufacturing plants across the world.

• Candock is involved in the manufacturing of docks and modular floating systems. The company’s product line includes modular floating docks, jetroll, jetslides boat/PWC lift, rowing docks, service channels, edge line, and floating dock accessories & tools. Candock has its manufacturing plant in Canada and its products are manufactured according to the ISO 9001:2008 quality standards as well as 14001:2004 environmental standards. Furthermore, the company has arranged a distribution channel that covers many countries including Canada, the United States, Latin America, Europe, the Middle East, Africa, Asia, and Oceania. In addition, the company also provides online purchase options from their official website.

List of Key Players in the Docks Market

• Snap Dock
• RHINO, INC.
• Tommy Docks
• Hydrohoist
• Connect-A-Dock
• Carolina Docks
• PMS Dock Marine Company
• Cellofoam North America Inc.
• Sunstream
• RONAUTICA QUALITY MARINAS, S.L.
• VERSADOCK
• Bellingham Marine
• Marinetek
• AccuDock
• MariCorp U.S.
• PMS Dockmarine
• Martini Alfredo
• Transpac Marinas Inc.
• Ingemar
• Meeco Sullivan
• Jet Dock Systems, Inc.
• Walcon Marine
• Candock
• EZ Dock
• Damen

Docks Market Segmentation

Grand View Research has segmented the global docks market based on material, frame material, product type, end use, application, dock accessories, and region:

Docks Material Outlook (Revenue, USD Million, 2018 - 2030)

• Wood
• Metal
• Plastic & Composites
• Concrete

Docks Frame Material Outlook (Revenue, USD Million, 2018 - 2030)

• Wood
• Metal
• Plastic & Composites
• Concrete

Docks Product Type Outlook (Revenue, USD Million, 2018 - 2030)

• Floating
• Fixed

Docks End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Residential
• Commercial
• Industrial
• Institutional

Docks Application Outlook (Revenue, USD Million, 2018 - 2030)

• Salt Water
• Fresh Water

Docks Dock Accessories Outlook (Revenue, USD Million, 2018 - 2030)

• Ladders
• Bumpers
• Cleats
• Carts
• Benches/Seats
• Fish Cleaning Station
• Kayak Rack
• Trash Cans
• Lightings
• Handrails
• Others

Docks Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Italy
• Asia Pacific
• China
• Japan
• Australia
• Indonesia
• Central & South America
• Brazil
• Middle East & Africa
• UAE

Order a free sample PDF of the Docks Market Intelligence Study, published by Grand View Research.

Recent Developments

• In July 2024, Walcon Marine Ltd completed a project for Guernsey Ports, involved in the removal and replacement of piers D & E in the QEII Marina. The project focused on renovating and restoring an area spanning 500 meters of finger pontoons and walkaways capable of handling 130 large leisure boats. The USD 1.8 million project, as a part of the bigger 14.2 million program, focused on improving the marina’s infrastructure.
• In June 2024, Marinetek Finland completed the installation for the marina extension project based in Inkoo, Finland. The newly extended marina will now contain over 800 protected marina berths, thus becoming one of the biggest marina projects to be completed in one phase. The company used its Premier, Breakwater, and Super Yacht concrete pontoons to complete the 200- meter-long project.
• In May 2024, Meeco Sullivan announced the completion of the Lighthouse Point Marina project. The project, which started in the third quarter of 2022, involved overhauling the aging concrete dock, which made 50% of the marina unsafe. The project was completed successfully with three gangways and five gates placed for aesthetic and functional purposes.