The number of persons employed in pleasure and sporting boats building in Austria has shown a fluctuating yet overall increasing trend from 2013 to 2023. In 2013, the industry employed 199 workers, reaching 357 in 2023, marking a growth of 79.4% over the decade. Notable year-on-year variations include a drop of 10.51% in 2019, a spike of 21.71% in 2020, and a modest increase of 2.29% in 2023. Over the past five years, the compound annual growth rate (CAGR) stood at 2.6%. Forecasts predict continued growth, albeit at a slower pace with a forecasted 5-year CAGR of 1.6% leading to a projected employment of 394 by 2028.

Future trends to watch for:

Technological advances driving efficiency and potentially reducing the need for labor.
Market demand for sustainable and eco-friendly boats may shape employment needs.
Economic conditions and disposable income affecting consumer spending on recreational boating.
Potential impact of geopolitical factors and supply chain disruptions on the industry.