The employment in the building of pleasure and sporting boats sector in France has observed various trends over a decade. The sector exhibited significant volatility from 2013 to 2023, with a notable growth period between 2017 and 2023 where employment increased from 7.66k to 8.1k full-time equivalents (FTE). The Compound Annual Growth Rate (CAGR) over the past five years stands at approximately -0.054%, showing slight overall growth. The year-on-year growth rate hit its peak in 2017 at 17.82%, indicating a period of significant expansion.
In the forecasted period from 2024 to 2028, a steady increase in employment is anticipated, reaching 8.46k FTE by 2028. This reflects a forecasted CAGR of around 0.69% and an overall growth of 3.5% over the next five years.
Future trends to watch for include the ongoing innovation in marine technology, shifts in consumer preferences towards sustainable boating solutions, and potential impacts from economic conditions. Additionally, regulatory changes and advancements in automation might influence the employment landscape in this sector.
