In 2023, Italy led the European pleasure and sporting boats building sector with a turnover share of 29.2 million euros, showing an 8.15% year-on-year growth. Germany and France followed with 20.87 and 19.52 million euros, respectively, both experiencing around 4.85-4.89% growth. Smaller markets like Lithuania and Serbia saw the highest growth rates at 15.9% and 17.57%, respectively, highlighting emerging potentials.
Future trends to watch include the rise in eco-friendly and sustainable boating solutions, digital innovation in design and production, and the growing interest in the Eastern European markets as new production and consumption areas.
Top countries in Pleasure and Sporting Boats Building Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 29.2 | 2023 | +9.98% | +8.15% | View data |
| 2 | 2 Germany | 20.87 | 2023 | +4.92% | +4.85% | View data |
| 3 | 3 France | 19.52 | 2023 | +6.61% | +4.89% | View data |
| 4 | 4 United Kingdom | 10.79 | 2023 | +1.47% | +0.95% | View data |
| 5 | 5 Poland | 6.59 | 2023 | +4.47% | +6.21% | View data |
| 6 | 6 Finland | 3.08 | 2023 | +1.37% | +1.76% | View data |
| 7 | 7 Sweden | 2.06 | 2023 | -0.78% | -1.37% | View data |
| 8 | 8 Portugal | 0.89 | 2023 | +4.41% | +6.81% | View data |
| 9 | 9 Norway | 0.84 | 2023 | -0.95% | -4.73% | View data |
| 10 | 10 Austria | 0.64 | 2023 | +5.16% | -2.64% | View data |
