The boating industry in Europe is a dynamic and competitive sector and a significant contributor to the European economy. The total industry is made up of boatbuilders, engine manufacturers, equipment manufacturers, trade and service providers and consists of approximately 32,000 companies, directly employing over 280,000 people.
The boating industry is mainly made up of small and medium-sized enterprises (97% of businesses are SMEs) and a small number of large companies (over 1 000 employees). On its own, the boatbuilding sector consists of 3,600 companies employing over 82,000 people. The production of recreational craft is very diverse and ranges from series to one-off boats, which are built-to-order.