In 2015, sales quantity of United States/Canada ship textile reached 22.2 billion square yards with the increasing ratio of 7%. And the predicted sales number will be 22.2 billion square yards with another increasing ratio of 7%. The strong growth of ships and boats market is the main reason of rapid growth for ship textiles.
In 2016, the steady growth of USA and the world economy accelerates the growth of ship and boat market. The new products have a growth of 6%-8%, and 2% growth ratio for second-hand boat market and repairing market.
The Brunswick, for example, had a growth of sales in 2015 and it reflects the increase of sales number and steady selling price. The shipbuilding industry for USA shows a great prospect in 2017. The expecting growth ratio will be 8.7% of 2016.
The stable development of ships and boats market drives the growth of ship textiles directly. As a new fast growth market of textile, the ship textile market will be more and more important for the following years.