| Product Code: ETC5708017 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Namibia FRP vessels market experienced significant growth from 2020 to 2024, with a Compound Annual Growth Rate (CAGR) of 12.26%. Year-on-year growth rate of 20.72% contributed to this upward trend. This growth can be attributed to increasing demand for FRP vessels in Namibia during the period.

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 Namibia FRP Vessels Market Overview |
3.1 Namibia Country Macro Economic Indicators |
3.2 Namibia FRP Vessels Market Revenues & Volume, 2022 & 2032F |
3.3 Namibia FRP Vessels Market - Industry Life Cycle |
3.4 Namibia FRP Vessels Market - Porter's Five Forces |
3.5 Namibia FRP Vessels Market Revenues & Volume Share, By Fiber Type, 2022 & 2032F |
3.6 Namibia FRP Vessels Market Revenues & Volume Share, By Resin Type, 2022 & 2032F |
3.7 Namibia FRP Vessels Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Namibia FRP Vessels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable vessels in Namibia for fishing and tourism purposes |
4.2.2 Government initiatives promoting the adoption of fiberglass reinforced plastic (FRP) vessels for their environmental benefits |
4.2.3 Growth in the fishing industry in Namibia, leading to a higher need for modern and efficient vessels |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with FRP vessels |
4.3.2 Limited availability of skilled labor for the construction and maintenance of FRP vessels in Namibia |
5 Namibia FRP Vessels Market Trends |
6 Namibia FRP Vessels Market Segmentations |
6.1 Namibia FRP Vessels Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Namibia FRP Vessels Market Revenues & Volume, By Glass, 2022-2032F |
6.1.3 Namibia FRP Vessels Market Revenues & Volume, By Carbon, 2022-2032F |
6.2 Namibia FRP Vessels Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Namibia FRP Vessels Market Revenues & Volume, By Polyester, 2022-2032F |
6.2.3 Namibia FRP Vessels Market Revenues & Volume, By Epoxy, 2022-2032F |
6.2.4 Namibia FRP Vessels Market Revenues & Volume, By Others, 2022-2032F |
6.3 Namibia FRP Vessels Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Namibia FRP Vessels Market Revenues & Volume, By Water & Wastewater, 2022-2032F |
6.3.3 Namibia FRP Vessels Market Revenues & Volume, By Chemical, 2022-2032F |
6.3.4 Namibia FRP Vessels Market Revenues & Volume, By Automotive & Transportation, 2022-2032F |
6.3.5 Namibia FRP Vessels Market Revenues & Volume, By Oil & Gas, 2022-2032F |
6.3.6 Namibia FRP Vessels Market Revenues & Volume, By Industrial, 2022-2032F |
6.3.7 Namibia FRP Vessels Market Revenues & Volume, By Others, 2022-2032F |
7 Namibia FRP Vessels Market Import-Export Trade Statistics |
7.1 Namibia FRP Vessels Market Export to Major Countries |
7.2 Namibia FRP Vessels Market Imports from Major Countries |
8 Namibia FRP Vessels Market Key Performance Indicators |
8.1 Average age of the Namibia FRP vessel fleet |
8.2 Number of new FRP vessel registrations in Namibia |
8.3 Average capacity utilization rate of FRP vessels in Namibia |
9 Namibia FRP Vessels Market - Opportunity Assessment |
9.1 Namibia FRP Vessels Market Opportunity Assessment, By Fiber Type, 2022 & 2032F |
9.2 Namibia FRP Vessels Market Opportunity Assessment, By Resin Type, 2022 & 2032F |
9.3 Namibia FRP Vessels Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Namibia FRP Vessels Market - Competitive Landscape |
10.1 Namibia FRP Vessels Market Revenue Share, By Companies, 2025 |
10.2 Namibia FRP Vessels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here