It has not been a good time to be building boats in Australia. Industry revenue has fluctuated widely over the past five years. Overall, revenue earned by companies in the Boatbuilding industry is expected to fall by 1.7% per annum over the five years through 2012-13. Industry revenue had started to recover in early 2010-11. However, heavy floods in Queensland wiped away much sentiment for boat purchases. Pent-up demand and the global economic recovery are expected to lead to a 6.8% increase in revenue in 2012-13, to reach $1.43 billion.
This industry comprises companies that build or repair boats of under 50-tonnes displacement. More simply, the industry manufactures small to medium-size boats.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.