The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreJun 2017
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Industry expected to decline at a 0.2% CAGR over 2016-2021, as shipbuilders will see orders almost completely dry up in 2017, until shipping rates start to recover in 2018. Korean shipbuilders struggle with high levels of debt as creditors enforce more stringent austerity measures, including massive layoffs. Production turnover declines by 4%, as production volume also decreases by 10% due to vanished new ship orders. Despite modest recovery in the market, domestic demand for new vessels remains depressed as shipping industry faces severe liquidity issues. Ships and boats market value grows nearly 4% in 2016 to KRW9.2 trillion, due to low comparative base and slight recovery in shipping rates and oil prices.
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
This Euromonitor industrial report provides unique data and analysis of Ships and Boats in South Korea: ISIC 351. With this industrial report, you’ll be able to explore in detail the entire industry from its sources of supply to its buyers.
The Ships and Boats in South Korea: ISIC 351 report includes:
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Why buy this report?
This industrial report originates from Passport our global market research database. Passport Industrial is a breakthrough economic research solution that analyses the industrial makeup of the largest economies in the world. It provides a strategic assessment of every industry and explains the complex relationships between them.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.