The new build boom spurred the turnover of the new build sector to highs of €33 billion in 2022, with experts forecasting more growth…
The new-build market has enjoyed a strong financial upturn in recent years, but as the sector descends from the highs of the new-build boom, there is still ample room for continuous growth in the future. In 2022, the new-build industry saw revenues of €33 billion 2022, with over €25 billion attributed to superyachts alone. This was an increase of 11 per cent compared to the previous year, according to the study by Confindustria Nautica and Deloitte ‘The State of the Art of the Global Yachting Market’.
The study examines the superyacht market’s global order book, evaluates the sector’s positioning and analyses the nautical industry’s structure. It also assesses the ongoing consolidation activities, explores the industry’s ability to tap into potential demand, provides an outlook for the coming years and evaluates the Italian shipbuilding industry’s position in international markets.