The employment in the building of pleasure and sporting boats sector in Austria has seen substantial growth from 2013 to 2023, with the employment value reaching 308 FTEs in 2023. The sector experienced significant year-on-year fluctuations, with notable increases in certain years, such as 2016 (20.79%) and 2020 (24.36%), alongside periods of more modest growth or minor declines, such as 2019 (-9.65%). The last five years (2019-2023) recorded an average CAGR of 3.53% per year. The forecast data indicate a steady growth trend, with a predicted CAGR of 1.66% from 2024 to 2028, culminating in an overall growth rate of 8.57% by 2028.
Going forward, trends to watch include the impact of technological advancements in boat building, shifts in consumer behavior towards leisure activities, and potential regulatory changes affecting the sector. These factors could influence employment growth rates and demand dynamics in the coming years.
