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Recreational Boat & Yacht Building in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Recreational Boat & Yacht Building Market Research Report | SIC C30.120 | Dec 2016

Making waves: The depreciating pound is expected to boost an increase in export revenue

IBISWorld’s Recreational Boat & Yacht Building market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Princess Yachts International Plc Princess Yachts International Plc market share
Sunseeker International Ltd Sunseeker International Ltd market share
Industry Statistics & Market Size
Revenue
£1bn
Annual Growth 12-17
1.7%
Annual Growth 17-22
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Profit
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Employment
11,143
Businesses
475
Industry Analysis & Industry Trends

The Recreational Boat and Yacht Building industry has undergone a volatile period over the past five years. Pleasure and sports boats are expensive discretionary purchases, so consumers are unlikely to make a purchase during times of uncertainty. For the industry's more expensive vessels, a significant portion of revenue is often generated after production is completed. Super yachts can take upwards of two years to finish. As a result, low orders due to the faltering economic recovery led to a decline in 2013-14. Improvements in the domestic economy and key export markets, notably demand from North America has supported growth over the past five years... purchase to read more

Industry Report - Industry Products Chapter

Motor boats

Motor boats are the main product manufactured by the industry and are expected to account for 48.2% of industry revenue in 2016-17. Motor boats can either be fitted with inboard engines or can have an outboard motor installed on the rear of the vessel. Boats in this segment vary greatly in size, including everything from small open-console motor boats with outboard engines to luxury super yachts operated by a crew of up to a hundred people. A far higher number of small pleasure crafts are built in the United Kingdom, but the extremely high value of super yachts means that larger boats contribute more revenue. This product segment captures two extremes of spending behaviour. At .. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Recreational Boat & Yacht Building Industry?

Firms in the Recreational Boat and Yacht Building industry manufacture recreational boats and yachts. Industry products range from luxurious super yachts toinflatable boats and canoes.

Industry Products
Motor boatsSailing boatsOther vessels
 
Industry Activities
Motor boatSailing boatOther boat


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