China, South Korea, Japan, Italy, USA, Germany, France, The Netherlands, The Philippines, Vietnam
marineinsight.com ByZahra AhmedFebruary 11, 2025
The shipbuilding industry is growing at a tremendous rate, with its market size expected to increase from USD 155.58 billion in 2025 to 203.76 billion in 2033, owing to greater container and dry bulk trade and the opening of new markets, per Straits Research. Around 85% of shipbuilding activities are concentrated in China, Japan, and South Korea, which are the top shipbuilding countries in the world.
Shipbuilding, which involves the construction of large seagoing vessels, manufacturing marine equipment, and refurbishing old vessels is a lucrative industry, propelled by the rising sea trade between countries, as the world population increases amidst rising consumer demands worldwide.
Apart from commercial vessels, naval vessels are also witnessing an increased demand with several navies like the Chinese and American, building new ships to showcase naval prowess.
In this article, we will mention the top 10 shipbuilding countries in the world, the majority of which are in Asia, Europe and the Americas, leading through their technological breakthroughs, and strategic investments in port infrastructure and ship equipment.
CVD 