The number of persons employed in the ships and boats building industry in Denmark has experienced significant fluctuations over the past decade. In 2023, employment levels stood at 0.9 thousand units, a noticeable decline from the peak observed in 2017 at 1.27 thousand units. The drop from 2022 to 2023 was 6.35%, with a CAGR of -6.55% over the last five years. This decline is projected to continue with employment expected to reach 0.58 thousand units by 2028, reflecting a forecasted 5-year CAGR of -6.99% and a total growth rate decrease of 30.41% over this period.
Future trends to watch for in the ships and boats building industry in Denmark include advancements in automation and digitization, which may put further pressure on employment. Additionally, shifts in global trade patterns and environmental regulations could influence industry dynamics significantly.
