The sold production of pleasure boats and sporting boats in France showed significant fluctuations from 2013 to 2023. The market experienced drastic increases like in 2017 with a 291.1% year-on-year rise, followed by periods of sharp decline as seen in 2019 with a 55.38% drop. By 2023, the market stood at 20.81 thousand items, marking a 24.91% increase from the previous year. Over the last five years leading to 2023, the compound annual growth rate (CAGR) was at 2.22%.
Looking forward, forecasts suggest the market will grow steadily with a projected 5-year CAGR of 9.73%, reaching 39.02 thousand items by 2028. The forecasted annual growth rate of 59.09% indicates robust expansion in the coming years.
Future trends to watch for include:
- Technological advancements in boat manufacturing boosting productivity
- Rising interest in marine tourism and water sports
- Government policies and environmental regulations impacting production and demand