Forecast: Employment in Building of Pleasure and Sporting Boats Sector in Denmark

The employment in the Building of Pleasure and Sporting Boats Sector in Denmark has shown a fluctuating trend from 2013 to 2023, with notable periods of decline and growth. In 2023, the sector employed 231 Full-Time Equivalent units, achieving a 3.13% year-on-year increase. Over the last five years, the compound annual growth rate (CAGR) averaged 1.73%, indicating stable but modest growth.

Future projections suggest continued incremental growth, with forecasts predicting 237 Full-Time Equivalent units by 2028, reflecting a forecasted 0.34% CAGR. This suggests a cautious but steady optimism in the sector.

Future trends to watch for include:

  • Technological advancements and their impact on labor requirements.
  • Environmental regulations influencing production and employment.
  • Global economic conditions affecting demand for luxury goods.

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