The turnover in the building of pleasure and sporting boats sector in Finland was 338.2 million Euros in 2023. Forecasted figures show a steady increase from 2024 to 2028, with turnover expected to rise from 345.8 million Euros to 363.8 million Euros.

The year-on-year growth rates for 2024, 2025, and 2026 are projected at 1.3%, 1.3%, and 1.3% respectively, illustrating a consistent upward trend. Between 2022 and 2023, the market experienced a 2.4% increase, and between 2023 and 2024, a 2.2% hike. Over the forecast period, the compound annual growth rate (CAGR) is expected to be approximately 1.3%.

Future trends to watch for:

Technological advancements in boatbuilding materials and techniques, potentially driving cost efficiencies.
Changes in consumer preferences towards eco-friendly and sustainable boating solutions.
Economic factors including interest rates and disposable income levels affecting consumer spending capability.
Government policies and regulations impacting the sector, particularly relating to environmental standards.