The import of rowing boats, canoes, and pleasure boats (excluding sailboats) to India is forecasted to show a steady increase from 2024 to 2028. In 2023, the import value stood at 5.45 million USD. The year-on-year growth displays a consistent incremental rise, suggesting a potential positive trajectory in the sector. Over the five-year forecast period, the compound annual growth rate (CAGR) indicates a moderate average annual increase.

Future trends to watch for:

Rising recreational boating activities, influenced by lifestyle changes and increased disposable income.
Influence of government regulations on luxury imports and their potential impact on growth rates.
Evolving consumer preferences towards eco-friendly and technologically advanced boating options.