In 2023, the sold production of boat or dock fenders made from vulcanised rubber in France stood at 3.98 million Euros. From 2024 onwards, this market is expected to gradually increase in value, with forecasts indicating a growth from 4.0374 million Euros in 2024 to 4.2554 million Euros by 2028. The year-on-year growth rates from 2024 to 2028 are consistent, averaging about 1.1% annually. Over this five-year period, the compound annual growth rate (CAGR) is expected to be approximately 1.2%, highlighting a steady upward trend in market value.
Future trends to watch for include potential technological advancements in materials and manufacturing processes which could enhance the durability and efficiency of vulcanised rubber fenders. Additionally, increased investments in maritime infrastructure and sustainability initiatives could further drive demand and growth in this sector.
