The production in the building of pleasure and sporting boats sector in France has shown a notable upward trend over the past decade. Starting at €893 million in 2013, the sector witnessed a strong year-on-year growth, peaking at €1930 million in 2023. The most significant growth occurred between 2015 and 2017, with a CAGR of 7.72%. Despite a dip in 2020 due to external factors likely related to the COVID-19 pandemic, the sector rebounded, achieving a year-on-year increase of 6.23% in 2023. Over the last five years (2019-2023), the CAGR stood at 4.1%, indicating steady growth stability.
Future forecasts predict continued growth, with the production value expected to reach €2270 million by 2028, reflecting a forecasted 5-year CAGR of 2.57%. This suggests a moderate but consistent increase moving forward.
Looking ahead, key trends to watch include advancements in green and sustainable boat technology, potential impacts of economic fluctuations on discretionary spending, and the evolving preferences of recreational consumers. These factors will likely shape the trajectory of the pleasure and sporting boat market in France.
