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According to Fortune Business Insights™, the global marine vessel market size was valued at USD 152.38 billion in 2023 and is projected to grow from USD 160.56 billion in 2024 to USD 247.96 billion by 2032, exhibiting a CAGR of 5.6% during the forecast period. Asia Pacific dominated the global market in 2023, accounting for 52.46% of the total market share.

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Published by Rishika Chavan, 2025-07-21 03:44:23

Marine Vessel Market

According to Fortune Business Insights™, the global marine vessel market size was valued at USD 152.38 billion in 2023 and is projected to grow from USD 160.56 billion in 2024 to USD 247.96 billion by 2032, exhibiting a CAGR of 5.6% during the forecast period. Asia Pacific dominated the global market in 2023, accounting for 52.46% of the total market share.

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