The United Kingdom leads the European Pleasure and Sporting Boats Building industry with 20.095 million hours worked, followed by Poland (14.555 million) and Italy (13.242 million). Germany, also a significant player, contributes 13.09 million hours. The Netherlands (9.3156 million) and Portugal (3.0046 million) register substantial activity, whereas Finland (2.5478 million), Lithuania (0.81105 million), and Sweden (0.78511 million) show lower figures. Notable year-on-year variations in 2023 include high positive growth in Poland (4.17%) and Latvia (9.69%), while Norway and Hungary faced significant declines at -23.52% and -9.73%, respectively. Over the past five years, these trends reflect a dynamic market landscape.
Future trends to watch include technological advancements, potential economic shifts affecting labor hours, and emerging markets like Latvia and Lithuania, which have shown significant recent growth. Monitoring policy changes and environmental regulations will be crucial for future strategic planning in this sector.
Top countries in Pleasure and Sporting Boats Building Hours Worked by Country
| # | 10 Countries | Hours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 20,095,000 | 2023 | +2.03% | +2.34% | View data |
| 2 | 2 Poland | 14,555,000 | 2023 | +4.89% | +4.17% | View data |
| 3 | 3 Italy | 13,242,000 | 2023 | -1.84% | +0.3% | View data |
| 4 | 4 Germany | 13,090,000 | 2023 | +3% | +4% | View data |
| 5 | 5 Netherlands | 9,315,600 | 2023 | +5.52% | +2.78% | View data |
| 6 | 6 Portugal | 3,004,600 | 2023 | +10.07% | +11.81% | View data |
| 7 | 7 Finland | 2,547,800 | 2023 | -2.94% | -1.83% | View data |
| 8 | 8 Lithuania | 811,050 | 2023 | +6.71% | +9.73% | View data |
| 9 | 9 Sweden | 785,110 | 2023 | -19.04% | -9.87% | View data |
| 10 | 10 Latvia | 595,370 | 2023 | +4.37% | +9.69% | View data |
