Between 2024 and 2028, the UK's import of pleasure boats and sporting boats is forecasted to increase steadily from 438,410 items in 2024 to 505,270 items in 2028. The year-on-year growth rates depict a uniform upward trend, consistent over the forecasted period. The compound annual growth rate (CAGR) over these five years underscores a moderate yet steady growth in demand.
Future trends to watch for include:
- Impact of economic conditions post-Brexit on import regulations and consumer spending.
- Potential shifts in consumer preferences towards eco-friendly and energy-efficient options.
- Technological advancements in boat design and material that could influence import volumes.
