Market Forecast By Type (Ship Building, Ship Repairing ), By Vessel Types (Oil And Chemical Tankers, Container Ships, Gas Carriers, Offshore Vessels, Passenger Ships And Ferries), By Applications (General Services, Dockage, Hull Part, Engine Parts, Electric Works, Auxiliary Services) And Competitive Landscape
Product Code: ETC019885 | Publication Date: Jun 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Argentina Ship Building and Repairing Market |
Forecast period | 2025-2031 |
CAGR | 4.5% |
Growing Sector | Commercial |
The Argentina Ship Building and Repairing Market report thoroughly covers the market by Types, Vessel Types, and Applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The ship building and repairing industry in Argentina has been witnessing steady growth over the years, driven by factors such as increasing demand for new vessels, rising maritime trade, government initiatives, and technological advancements. The market is also expected to see significant growth in the coming years due to ongoing infrastructure development projects in the country.
According to 6Wresearch, the Argentina Ship Building and Repairing Market size is expected to grow at a significant CAGR of 4.5% during 2025-2031. One of the key drivers for this growth is the increasing demand for new vessels from both domestic and international markets. Argentina's economy heavily relies on foreign trade, making it crucial for the country to have a strong maritime infrastructure. Moreover, Argentina's shipbuilding industry has also been supported by various government initiatives aimed at promoting local production and enhancing competitiveness. Another factor driving the growth of the shipbuilding and repairing market in Argentina is the increasing focus on sustainable shipping practices. The country has made significant strides in adopting eco-friendly technologies, such as alternative fuels and energy-efficient designs, which have attracted more clients looking for environmentally responsible solutions.
One major challenge is the fluctuation in global market demand, which can impact the volume of orders received by local shipyards. Additionally, high competition from other established shipbuilding nations such as China, South Korea, and Japan poses a threat to the growth of Argentina's market. Furthermore, the high cost of raw materials and labour can also be a hurdle in the progress of the shipbuilding industry in Argentina.
One of the key players in the Argentina ship building and repairing market is Astillero Rio Santiago, a state-owned company that specializes in naval construction and repairs. The company has a strong presence in the domestic market and has also exported ships to countries like Venezuela, Bolivia, and Uruguay. Another major player is Tandanor, a company that specializes in shipbuilding, dry docking, and repairs for both naval and commercial vessels.
The government of Argentina has been actively promoting the development of the ship building and repairing industry through various initiatives. This includes tax incentives for companies involved in the construction or repair of vessels, as well as investments in infrastructure to support the industry. In addition, the country has also signed agreements with other countries to promote collaboration in the maritime sector.
The Argentina Ship Building and Repairing market is expected to see significant growth in the coming years due to increasing demand for new vessels and repair services. The country's strategic location in South America, as well as its strong focus on improving its maritime infrastructure, make it a promising market for shipbuilding and repairing companies. In addition, the government's support and initiatives towards promoting the industry are expected to contribute to its growth.
According to Ravi Bhandari, Research Head, 6Wresearch, the Ship Repairing segment is experiencing significant growth in the Argentina Ship Building and Repairing market. This can be attributed to the increasing demand for repair and maintenance services for existing vessels, as well as the growing need for vessel upgrades and modernization.
In terms of Vessel Types, the Container Ships segment is also expected to witness significant growth in the coming years. This can be attributed to the rising international trade and transportation activities in Argentina, which has resulted in a higher demand for container ships.
When it comes to Applications, General Services and Electric Works are expected to show substantial growth during the forecast period. The increasing focus on energy efficiency and sustainability in the maritime industry is driving the demand for electric works and general services such as painting, cleaning, and maintenance.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Argentina Ship Building and Repairing Market Overview |
3.1 Argentina Country Macro Economic Indicators |
3.2 Argentina Ship Building and Repairing Market Revenues & Volume, 2021 & 2031F |
3.3 Argentina Ship Building and Repairing Market - Industry Life Cycle |
3.4 Argentina Ship Building and Repairing Market - Porter's Five Forces |
3.5 Argentina Ship Building and Repairing Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Argentina Ship Building and Repairing Market Revenues & Volume Share, By Vessel Types, 2021 & 2031F |
3.7 Argentina Ship Building and Repairing Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Argentina Ship Building and Repairing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Argentina Ship Building and Repairing Market Trends |
6 Argentina Ship Building and Repairing Market, By Types |
6.1 Argentina Ship Building and Repairing Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Argentina Ship Building and Repairing Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Argentina Ship Building and Repairing Market Revenues & Volume, By Ship Building, 2021 - 2031F |
6.1.4 Argentina Ship Building and Repairing Market Revenues & Volume, By Ship Repairing , 2021 - 2031F |
6.2 Argentina Ship Building and Repairing Market, By Vessel Types |
6.2.1 Overview and Analysis |
6.2.2 Argentina Ship Building and Repairing Market Revenues & Volume, By Oil And Chemical Tankers, 2021 - 2031F |
6.2.3 Argentina Ship Building and Repairing Market Revenues & Volume, By Container Ships, 2021 - 2031F |
6.2.4 Argentina Ship Building and Repairing Market Revenues & Volume, By Gas Carriers, 2021 - 2031F |
6.2.5 Argentina Ship Building and Repairing Market Revenues & Volume, By Offshore Vessels, 2021 - 2031F |
6.2.6 Argentina Ship Building and Repairing Market Revenues & Volume, By Passenger Ships And Ferries, 2021 - 2031F |
6.3 Argentina Ship Building and Repairing Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Argentina Ship Building and Repairing Market Revenues & Volume, By General Services, 2021 - 2031F |
6.3.3 Argentina Ship Building and Repairing Market Revenues & Volume, By Dockage, 2021 - 2031F |
6.3.4 Argentina Ship Building and Repairing Market Revenues & Volume, By Hull Part, 2021 - 2031F |
6.3.5 Argentina Ship Building and Repairing Market Revenues & Volume, By Engine Parts, 2021 - 2031F |
6.3.6 Argentina Ship Building and Repairing Market Revenues & Volume, By Electric Works, 2021 - 2031F |
6.3.7 Argentina Ship Building and Repairing Market Revenues & Volume, By Auxiliary Services, 2021 - 2031F |
7 Argentina Ship Building and Repairing Market Import-Export Trade Statistics |
7.1 Argentina Ship Building and Repairing Market Export to Major Countries |
7.2 Argentina Ship Building and Repairing Market Imports from Major Countries |
8 Argentina Ship Building and Repairing Market Key Performance Indicators |
9 Argentina Ship Building and Repairing Market - Opportunity Assessment |
9.1 Argentina Ship Building and Repairing Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Argentina Ship Building and Repairing Market Opportunity Assessment, By Vessel Types, 2021 & 2031F |
9.3 Argentina Ship Building and Repairing Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Argentina Ship Building and Repairing Market - Competitive Landscape |
10.1 Argentina Ship Building and Repairing Market Revenue Share, By Companies, 2024 |
10.2 Argentina Ship Building and Repairing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |