The market is dominated by domestic suppliers, as imports account for 25.4% of total market size in 2020. B2B drives market demand, with B2B spending representing 72.9% of total demand in 2020. The UK has the second largest market size for ships and boats in the region, with demand reaching USD6.5 billion in 2020. BAE Systems Marine Ltd is the largest company in the UK, generating 28.9% of the industry’s total production value in 2020. The industry is concentrated, with the top five companies generating 66.7% of total production value in 2020. The total number of companies increases in 2020, to 5,015 units. The costs of the industry decrease by 17.4% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 18.5% of production value in 2020, the third highest in the region. With production value of USD5.9 billion, the UK accounts for 11.0% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Ships and Boats in the UK: ISIC 351. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Ships and Boats in the UK: ISIC 351 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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