Mobile Menu

Recreational Boat & Yacht building in France - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

FR-C3012 June 2024 Factsheet

Revenue

€1.8bn

2019-2024 3.4 %
2024-2029 X.X %

Employees

9,271

2019-2024 1.1 %
2024-2029 X.X %

Businesses

341

2019-2024 0.6 %
2024-2029 X.X %

Wages

€XXX.Xm

2019-2024 X.X %
2024-2029 X.X %

Recreational Boat & Yacht building in France market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

Access the 5-year outlook with purchase. View purchase options

National industry coverage with a European twist

  • Market estimates from 2014 - 2029
  • Data-rich reports comparing industry performance, threats, opportunities and country rankings
  • PDF report or online database with Word, Excel and PowerPoint export options
  • 100% money back guarantee
Purchase options Download sample

About Factsheets

Industry Statistics and Rankings

How does this industry perform in France compared to Europe?

Country Benchmarking

Industry Data France

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#3 In Europe
Business
#6 In Europe
Employees
#3 In Europe
Wages
#4 In Europe

View industry report for Europe

The recreational boat and yacht building industry has registered a mixed performance, mainly because of pandemic-related disruptions. The sector's most important market is high-net-worth individuals around the world. The wealthy increasingly acquire yachts, and the super-rich even opt for giga yachts that are over 100 meters long. The increasing spread of the income gap in favour of the already rich and high-income earners is a highly positive development from the industry's point of view, as it means that the buying power of the core target group is increasing in proportion. However, sinking disposable incomes have recently weighed on the motorboat segment.

Unlock more insights on France and the most comparable countries in Europe with purchase. View purchase options.

Enterprises
Number of businesses in 2024

Biggest companies in the Recreational Boat & Yacht building in France

Company
Market Share (%)
2024
Revenue (€m)
2024
Profit (€m)
2024
Profit Margin (%)
2024
Beneteau SA
1,631.2
167.3
10.3
Azimut Benetti SpA
1,339.0
267.8
20.0
Ferretti SpA
1,201.5
151.2
12.6

Access statistics and analysis on all 9 companies with purchase. View purchase options.

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Recreational Boat & Yacht building industry in France in 2024?

The market size of the Recreational Boat & Yacht building industry in France is €1.8bn in 2024. 

How many businesses are there in the Recreational Boat & Yacht building in France industry in 2024?

There are 341 businesses in the Recreational Boat & Yacht building industry in France, which has declined at a CAGR of 0.6 % between 2019 and 2024.

Has the Recreational Boat & Yacht building industry in France grown or declined over the past 5 years?

The market size of the Recreational Boat & Yacht building industry in France has been declining at a CAGR of 0.6 % between 2019 and 2024. 

What is the forecast growth of the Recreational Boat & Yacht building industry in France over the next 5 years?

Over the next five years, the Recreational Boat & Yacht building industry in France is expected to decline.

What are the biggest companies in the Recreational Boat & Yacht building market in France?

The biggest companies operating in the Recreational Boat & Yacht building market in France are Beneteau SA, Azimut Benetti SpA and Ferretti SpA

What does the Recreational Boat & Yacht building in France include?

Motor Yatchts and Motorboats and Sailing Boats are part of the Recreational Boat & Yacht building industry.

Which companies have the highest market share in the Recreational Boat & Yacht building in France?

The company holding the most market share in France is Beneteau SA.

How competitive is the Recreational Boat & Yacht building industry in France?

The level of competition is moderate and steady in the Recreational Boat & Yacht building industry in France.

Related Industries

This industry is covered in 37 countries

Explore full Europe Collection

Unlock Holistic European coverage

Members get access to 450+ industries across Europe, including comparative data for 37 countries.

View purchase options

Or contact us for multi-user and corporate license options

Table of Contents

About this industry

Industry definition

Companies in this industry manufacture recreational boats and yachts for domestic and export markets. Manufactured products range from luxurious superyachts to inflatable boats and canoes.

Related Terms

HOVERCRAFT SUPERYATCH BALLOON PAYMENT HULLRUNNING PHASE

What's included in this industry?

Motor YatchtsMotorboats and Sailing Boats Other Boats Inflatable Boats

Companies

Beneteau SAAzimut Benetti SpAFerretti SpA

Industry Code

ISIC 2006

3012 - Building of pleasure and sporting boats in France

View up to 9 companies with purchase. View purchase options.

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Profit Highlights

Trends
  • Total Profit
  • Profit Margin
  • Profit per Business

Current Performance

Charts
  • Revenue
  • Employees
  • Business
  • Profit
Analysis

What's driving current industry performance in the Recreational Boat & Yacht building in France industry?


Outlook

Analysis

What's driving the Recreational Boat & Yacht building in France industry outlook?


Volatility

Analysis

What influences volatility in the Recreational Boat & Yacht building in France industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Recreational Boat & Yacht building in France industry?

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

Key Takeaways

Russia sanctions impact super yacht orders while overseas orders climb. Sanctions imposed on Russia over 2022 restricted sales to super-rich Russian Oligarchs. Yet, wealthy Europeans and North Americans and a growing Middle Eastern market mitigated this impact on order volumes.

View more insights with purchase. View purchase options.

Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Recreational Boat & Yacht building in France industry's products and services performing?

Analysis

What are innovations in the Recreational Boat & Yacht building in France industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Recreational Boat & Yacht building in France industry?


International Trade

Highlights

  • Total Imports into France
  • Total Exports into France
Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country
Data Tables

Value and annual change (%) included

  • Number of Imports and Exports by European Country (2024)

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power

Key Takeaways

The boat and yacht building industry faces low concentration. Because of the various types and sizes of motorboats and yacht manufacturers in this industry, it is nearly impossible for boat builders to hold a substantial market share.

View more insights with purchase. View purchase options.

Supply Chain

Charts

Buyer and supply industries

Geographic Breakdown

Business Locations

Heat maps
  • Share of Total Industry Establishments by Region (2024)
Data Tables
  • Number of Establishments by Region (2024)
Charts
  • Share of Establishments vs. Population of Each Region
Analysis

What regions are businesses in the Recreational Boat & Yacht building in France located?

Companies

Data Tables

Top 9 companies by market share:

  • Market share (2024)
  • Revenue (2024)
  • Profit (2024)
  • Profit margin (2024)

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Most manufacturers have to abide by EU regulations. Most product-related regulations in the industry are based on the EU's Directive 2013/53/EU, the so-called Recreational Craft Directive, which sets out various points that must be tested and observed when building boats and yachts.

View more insights with purchase. View purchase options.

External Drivers

Analysis

What demographic and macroeconomic factors impact the Recreational Boat & Yacht building in France industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Manufacturers can pass on cost increases to downstream clients, protecting profit. Most builders have defended themselves against soaring input inflation in recent years by entering into fixed-priced agreements or offloading high input costs onto high-income clients.

View more insights with purchase. View purchase options.

Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Recreational Boat & Yacht building in France industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.