Forecast: Pleasure and Sporting Boats Building Wages and Salaries in France

The wages and salaries in the pleasure and sporting boats building industry in France have shown notable growth from 2013 to 2023, reaching 290.9 million euros in 2023. From 2013 to 2023, the industry observed fluctuations, with significant growth spurts particularly in 2017 and 2019. The only declines were noted in 2013, 2014, and 2020. Over the most recent five-year period (2018-2023), the compound annual growth rate (CAGR) has been 5.38%. The years 2021, 2022, and 2023 exhibited stable year-on-year increases around 1.82%.

Future trends to watch for include:

  • Anticipated steady growth in wages and salaries with a forecasted 5-year CAGR of 1.33%.
  • The total value is expected to reach 316.2 million euros by 2028, reflecting a forecasted 5-year growth rate of 6.82%.
  • Potential impacts of technological advancements and automation within the industry.
  • Influence of policy changes and economic conditions on industry wages and salaries.

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