Product Code: ETC5063877 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Finland Recreational Boat market currently, in 2023, has witnessed an HHI of 3914, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The recreational boat market in Finland is supported by the country`s extensive waterways and a strong tradition of boating. Sailboats, motorboats, and personal watercraft are popular among enthusiasts. The market is also benefitting from increasing tourism and innovations in boat design.
The recreational boat market in Finland benefits from the countrys strong maritime culture and a growing interest in leisure activities. Rising disposable incomes and the development of marine tourism further enhance market growth.
The recreational boat market in Finland faces challenges stemming from its seasonal nature, as boating activities are heavily influenced by the weather and shorter summers. High initial costs and maintenance expenses deter potential buyers, especially in the younger demographic. Additionally, growing environmental concerns push manufacturers to adopt sustainable practices and create energy-efficient models, increasing production costs. Competition from alternative leisure activities further limits market growth.
The Finnish government supports the recreational boat market through maritime safety regulations and incentives for sustainable boat manufacturing. Policies promote innovation in electric and hybrid boat technologies.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Finland Recreational Boat Market Overview |
3.1 Finland Country Macro Economic Indicators |
3.2 Finland Recreational Boat Market Revenues & Volume, 2021 & 2031F |
3.3 Finland Recreational Boat Market - Industry Life Cycle |
3.4 Finland Recreational Boat Market - Porter's Five Forces |
3.5 Finland Recreational Boat Market Revenues & Volume Share, By Boat Type, 2021 & 2031F |
3.6 Finland Recreational Boat Market Revenues & Volume Share, By Boat Size, 2021 & 2031F |
3.7 Finland Recreational Boat Market Revenues & Volume Share, By Engine Placement, 2021 & 2031F |
3.8 Finland Recreational Boat Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
3.9 Finland Recreational Boat Market Revenues & Volume Share, By Power Range, 2021 & 2031F |
3.10 Finland Recreational Boat Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.11 Finland Recreational Boat Market Revenues & Volume Share, By Activity Type, 2021 & 2031F |
4 Finland Recreational Boat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing disposable income levels in Finland leading to increased spending on recreational activities. |
4.2.2 Favorable government initiatives promoting tourism and leisure activities in the country. |
4.2.3 Rising popularity of water-based recreational activities among the Finnish population. |
4.3 Market Restraints |
4.3.1 Seasonal nature of recreational boating in Finland, limiting the activity to warmer months. |
4.3.2 High initial costs associated with purchasing and maintaining recreational boats. |
4.3.3 Environmental concerns and regulations impacting the use of recreational boats in certain areas. |
5 Finland Recreational Boat Market Trends |
6 Finland Recreational Boat Market Segmentations |
6.1 Finland Recreational Boat Market, By Boat Type |
6.1.1 Overview and Analysis |
6.1.2 Finland Recreational Boat Market Revenues & Volume, By Yachts, 2021-2031F |
6.1.3 Finland Recreational Boat Market Revenues & Volume, By Sailboats, 2021-2031F |
6.1.4 Finland Recreational Boat Market Revenues & Volume, By Personal Watercrafts, 2021-2031F | 6.1.6 Finland Recreational Boat Market Revenues & Volume, By Inflatables, 2021-2031F |
6.1.6 Finland Recreational Boat Market Revenues & Volume, By Others, 2021-2031F |
6.2 Finland Recreational Boat Market, By Boat Size |
6.2.1 Overview and Analysis |
6.2.2 Finland Recreational Boat Market Revenues & Volume, By <30 Feet, 2021-2031F |
6.2.3 Finland Recreational Boat Market Revenues & Volume, By 30-50 Feet, 2021-2031F |
6.2.4 Finland Recreational Boat Market Revenues & Volume, By >50 Feet, 2021-2031F |
6.3 Finland Recreational Boat Market, By Engine Placement |
6.3.1 Overview and Analysis |
6.3.2 Finland Recreational Boat Market Revenues & Volume, By Outboards, 2021-2031F |
6.3.3 Finland Recreational Boat Market Revenues & Volume, By Inboards, 2021-2031F |
6.3.4 Finland Recreational Boat Market Revenues & Volume, By Others, 2021-2031F |
6.4 Finland Recreational Boat Market, By Engine Type |
6.4.1 Overview and Analysis |
6.4.2 Finland Recreational Boat Market Revenues & Volume, By Ice, 2021-2031F |
6.4.3 Finland Recreational Boat Market Revenues & Volume, By Electric, 2021-2031F |
6.5 Finland Recreational Boat Market, By Power Range |
6.5.1 Overview and Analysis |
6.5.2 Finland Recreational Boat Market Revenues & Volume, By Up To 100 Kw, 2021-2031F |
6.5.3 Finland Recreational Boat Market Revenues & Volume, By 100-200 Kw, 2021-2031F |
6.5.4 Finland Recreational Boat Market Revenues & Volume, By Above 200 Kw, 2021-2031F |
6.6 Finland Recreational Boat Market, By Material Type |
6.6.1 Overview and Analysis |
6.6.2 Finland Recreational Boat Market Revenues & Volume, By Aluminum, 2021-2031F |
6.6.3 Finland Recreational Boat Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.6.4 Finland Recreational Boat Market Revenues & Volume, By Steel, 2021-2031F |
6.6.5 Finland Recreational Boat Market Revenues & Volume, By Others, 2021-2031F |
6.7 Finland Recreational Boat Market, By Activity Type |
6.7.1 Overview and Analysis |
6.7.2 Finland Recreational Boat Market Revenues & Volume, By Cruising+watersports, 2021-2031F |
6.7.3 Finland Recreational Boat Market Revenues & Volume, By Fishing, 2021-2031F |
6.8 Finland Recreational Boat Market, By Power Source |
6.8.1 Overview and Analysis |
6.8.2 Finland Recreational Boat Market Revenues & Volume, By Engine Powered, 2021-2031F |
6.8.3 Finland Recreational Boat Market Revenues & Volume, By Sail Powered, 2021-2031F |
6.8.4 Finland Recreational Boat Market Revenues & Volume, By , 2021-2031F |
7 Finland Recreational Boat Market Import-Export Trade Statistics |
7.1 Finland Recreational Boat Market Export to Major Countries |
7.2 Finland Recreational Boat Market Imports from Major Countries |
8 Finland Recreational Boat Market Key Performance Indicators |
8.1 Number of new boat registrations in Finland. |
8.2 Participation rates in boating events and activities. |
8.3 Investment in infrastructure for boating facilities and services. |
8.4 Environmental impact assessments and compliance measures within the recreational boating sector. |
9 Finland Recreational Boat Market - Opportunity Assessment |
9.1 Finland Recreational Boat Market Opportunity Assessment, By Boat Type, 2021 & 2031F |
9.2 Finland Recreational Boat Market Opportunity Assessment, By Boat Size, 2021 & 2031F |
9.3 Finland Recreational Boat Market Opportunity Assessment, By Engine Placement, 2021 & 2031F |
9.4 Finland Recreational Boat Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
9.5 Finland Recreational Boat Market Opportunity Assessment, By Power Range, 2021 & 2031F |
9.6 Finland Recreational Boat Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.7 Finland Recreational Boat Market Opportunity Assessment, By Activity Type, 2021 & 2031F |
9.7 Finland Recreational Boat Market Opportunity Assessment, By Power Source, 2021 & 2031F |
10 Finland Recreational Boat Market - Competitive Landscape |
10.1 Finland Recreational Boat Market Revenue Share, By Companies, 2024 |
10.2 Finland Recreational Boat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |