Verified Market SizeOfficial statistics, every figure sourced

United Kingdom · NACE C3012 · UK SIC 30.12

Leisure boat building market size in the UK

The leisure boat building market in the UK was worth £1.2bn[3] in 2024, measured by the total turnover of businesses in the industry (£1,216 million).

Official figure Office for National Statistics · reported · high confidence

Official industry: Building of pleasure and sporting boats (NACE C3012).

What this figure measures

The total turnover of businesses whose main activity is this industry, from official business statistics. It's the industry's sales, including exports and excluding VAT. It isn't the same as what customers in the UK spend on these products, which would also include imports.

Turnover, 2020 to 2024

Turnover by year2020: £777m; 2021: £965m; 2022: £1.1bn; 2023: £1.2bn; 2024: £1.2bn£777m2020£965m2021£1.1bn2022£1.2bn2023£1.2bn2024
YearTotal turnoverStatus
2020£777 million[3]Reported
2021£965 million[3]Reported
2022£1,082 million[3]Reported
2023£1,200 million[3]Reported
2024£1,216 million[3]Reported

Latest signal: 2025

Turnover in the wider industry, Building of ships and boats (SIC 30.1), changed by +15.6%[4] in 2025 compared with 2024. This is the wider industry, not leisure boat building alone.

Key figures, 2024

Approximate gross value added£470 million[3]
Enterprises502[3]

Compared with other countries, 2024

Country€ million
United Kingdom1,436[3][1] *
Germany2,661[2]
France2,543[2]
Spain109[2]
Italy6,281[2]

* United Kingdom: GBP converted at the 2024 annual average rate, 1 EUR = 0.84662 GBP. Derived from the official GBP figure.

Common questions

What is the market size of the leisure boat building industry in the UK?

£1.2bn in 2024[3], measured by the total turnover of businesses in the industry, according to the Office for National Statistics.

Has the leisure boat building market in the UK grown?

Turnover changed by +56.5%[3] between 2020 and 2024 (not adjusted for inflation). The latest official signal is +15.6%[4] in 2025 for the wider industry.

How many businesses are in the leisure boat building industry in the UK?

502 enterprises in 2024[3].

How does the UK compare with other European countries?

The UK is the fourth largest of the 5 countries we cover for this industry in 2024, behind Italy, Germany and France. See the comparison table above.

Where do these figures come from?

From official business statistics published by the Office for National Statistics. We don't estimate or model anything: every number is either published by official statisticians or calculated directly from those figures (percentage changes and currency conversion), and each one links to its source.

Notes on these figures

Sources

  1. Eurostat, Euro/ECU exchange rates - annual data (dataset ert_bil_eur_a). Retrieved 24 September 2026; source updated 2026-07-08. Source link. Eurostat reuse policy (Commission Decision 2011/833/EU), attribution required
  2. Eurostat, Enterprises by detailed NACE Rev. 2 activity and special aggregates (dataset sbs_ovw_act). Retrieved 24 September 2026; source updated 2026-09-15. Source link. Eurostat reuse policy (Commission Decision 2011/833/EU), attribution required
  3. ONS, Annual Business Survey: UK non-financial business economy, sections A to S (dataset abssectionsas). Retrieved 24 September 2026; source updated 2026-05-26. Source link. Open Government Licence v3.0, attribution required
  4. ONS, Monthly Business Survey: turnover of production industries (dataset mbs_production). Retrieved 24 September 2026. Source link. Open Government Licence v3.0, attribution required

Last verified 24 September 2026. Hover over any [n] to see the exact cell a number comes from.