In 2023, Italy led the European market for pleasure and sporting boats repair and maintenance services with a 39.24% share, followed by Germany and France. Germany saw a 10.29% increase from the previous year, while Italy's growth was even more pronounced at 27.69%. Despite its lower share, Lithuania experienced a significant surge of over 60%. Conversely, the UK and some other countries witnessed minor declines. The five-year CAGR indicates steady growth across the sector.
Future trends to watch include:
- The continued dominance of Italy in the sector.
- Potential growth opportunities in Eastern European countries like Bulgaria and Lithuania.
- The impact of economic and environmental policies on growth dynamics.
Top countries in Sold Production of Pleasure and Sporting Boats Repair and Maintenance Services Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 39.24 | 2023 | +2.13% | +27.69% | View data |
| 2 | 2 Germany | 17.72 | 2023 | +6.93% | +10.29% | View data |
| 3 | 3 France | 13.76 | 2023 | +3.07% | +4.25% | View data |
| 4 | 4 Spain | 12.41 | 2023 | +4.92% | +3.98% | View data |
| 5 | 5 United Kingdom | 6.35 | 2023 | +2.2% | -0.78% | View data |
| 6 | 6 Netherlands | 5.69 | 2023 | +1.8% | +8.77% | View data |
| 7 | 7 Poland | 0.66 | 2023 | +4.13% | +7.71% | View data |
| 8 | 8 Ireland | 0.51 | 2023 | +8.5% | +2.67% | View data |
| 9 | 9 Norway | 0.51 | 2023 | +8.06% | +8.63% | View data |
| 10 | 10 Croatia | 0.49 | 2023 | +1.34% | +1.3% | View data |
