The sold production of pleasure boats and sporting boats in Italy has experienced significant volatility between 2013 and 2023. The sector observed a drastic decline from 2013 to 2015, followed by modest recovery and substantial growth starting in 2018. Notably, an exponential increase occurred from 2021 onwards, continuing into the forecasted years, with a 112.23% increase in 2021, followed by a steady upward trend.
Future trends to watch include sustained growth in production through 2028, with a forecasted 5-year CAGR of 11.67% starting from 2024. This suggests a promising outlook for the recreational boat industry, driven by rising demand and advancements in marine technology.
