The turnover in the building of pleasure and sporting boats sector in Sweden fell significantly from 2013 to 2014. It rebounded in 2015 and continued to grow until 2019, peaking before experiencing a slight decline. In 2023, the turnover stood at 2.35 billion Swedish Krona. From 2024 to 2028, a steady decline is forecasted, with an average annual decrease of 1.63%.
Notable trends:
• Post-2014 recovery and consistent growth until 2019• Decline in turnover beginning in 2020, a trend expected to persist over the forecasted period• The sector's resilience to fluctuations, maintaining values above 2 billion SEK despite downturns
Future trends to watch for:
• Impact of economic factors on leisure spending• Technological advancements driving new consumer demand• Sustainable and eco-friendly boating solutions shaping industry dynamics
