The turnover for the Pleasure and Sporting Boats Building sector in Germany stood at 2.33 Billion Euros in 2023. Over the last two years, the sector experienced a year-on-year increase of 6.79% in 2022 and 4.92% in 2023. Despite fluctuations in the preceding years, the 5-year CAGR leading to 2023 stands at 4.85%, indicating a moderate but consistent growth trend.
Future trends to watch for include:
- Steady growth: The forecasted data shows a continued upward trend with a 5-year CAGR of 1.28% and an overall forecasted growth rate of 6.59% by 2028.
- Market stability: The predicted values suggest a period of stabilization with gradual increments, reflecting potential market maturity.
