The employment in the Building of Pleasure and Sporting Boats sector in Italy stood at 7.27 thousand full-time equivalents in 2023. Over the years, significant variations were observed, starting with a decline in early years followed by periods of recovery and growth. The year-on-year variation for 2023 was a modest increase of 0.15%, aligning with the CAGR of 1.67% over the past five years.
From 2013 to 2023, the employment trend shows an initial decline until 2014, followed by a gradual recovery. Employment figures started to stabilize from 2016, ultimately leading to a slight but steady rise from 2021 onwards. The forecast for the next five years indicates a stable growth trend with a forecasted CAGR of 0.12%, suggesting mild annual increases, leading up to an estimate of 7.32 thousand full-time equivalents by 2028.
Future trends to watch for:
- Potential impacts of policy changes in the marine sector.
- Technological advancements in boat manufacturing and their implications on employment.
- Shifts in consumer preferences towards sustainable and eco-friendly boating options.
- Economic factors influencing disposable income and leisure spending.
