The wages and salaries in the pleasure and sporting boats building industry in Denmark saw fluctuating trends over the last decade. In 2023, the value stood at 14.3 million Euros. Analyzing year-on-year variations, the sector experienced considerable growth from 2017 through 2019, followed by a significant drop in 2020. However, it rebounded with steady growth in the following years. The compound annual growth rate (CAGR) for the past five years was 1.16%, indicating moderate growth. Looking at the forecasted data through 2028, the industry is expected to witness an average annual growth rate of 0.82%, reaching 15.0 million Euros.

Future trends to watch for include:

Continuing moderate growth with an average annual rate of 0.82%.
Stability in wages and salaries as the industry adjusts to post-pandemic dynamics.
Potential impacts of new technologies and sustainability practices on labor costs.