Boatbuilding and Repair Services in Australia - Market Research Report

Boatbuilding and Repair Services industry trends (2014-2019)

poll Average industry growth 2014–2019: 1.6%

The Boatbuilding and Repair Services industry has struggled to stay afloat over the past five years, with revenue expected to sink at an annualised 2.4% over the five years through 2018-19, to $1.1 billion. This includes a forecast decrease of 7.4% in the current year. Industry players manufacture a range of boats, including yachts, rowing boats, runabouts, cruisers and catamarans. While many players also provide repair services, new boat sales represent the bulk of industry revenue. Domestic demand has declined over the period, as consumers have delayed expenditure on boats, or cancelled non-essential purchases. Weak discretionary income growth has also reduced demand, which has been reflected in a downturn in the Marine Equipment Retailing industry...
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Boatbuilding and Repair Services industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Boatbuilding and Repair Services industry is projected to contract over the next five years. The projected strengthening of the Australian dollar over the period will likely reduce demand from export markets as Australian boats become more expensive compared with foreign-made boats. However, moderate discretionary income growth is anticipated to support local demand for new recreational and luxury vessels, limiting revenue declines. Overall, industry revenue is forecast to decline at an annualised X.X% over the five years through XXX-XX, to $XX.X million. Demand factors Boatbuilders may derive some stimulus from consumers that have more time to participate in leisure and recreational activities. The average weekly hours worked by consumers is e...
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Boatbuilding and Repair Services industry statistics

  • business Number of Businesses: 1,683
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 3,984

Biggest companies in the Boatbuilding and Repair Services industry

The companies holding the largest market share in the Boatbuilding and Repair Services in Australia industry include Riviera Australia Pty Ltd and Telwater Pty Ltd.

  • pie_chart Riviera Australia Pty Ltd Market Share: x.x%
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  • pie_chart Telwater Pty Ltd Market Share: x.x%
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What is Boatbuilding and Repair Services industry?

Industry Definition

Industry firms primarily build or repair small- to medium-size boats and vessels with a displacement of under 50 tonnes.

Industry Products and Services

  • Small vessels
  • Medium vessels
  • Repair and maintenance services
  • Other vessels
  • All Others

Industry Activities

  • Boat repairing
  • Boatbuilding
  • Canoe manufacturing
  • Dinghy manufacturing
  • Inflatable boat manufacturing
  • Jet boat building
  • Motorboat building
  • Powerboat building
  • Sailboat manufacturing
  • Yacht construction

Market research report - table of contents

Industry Definition

Industry firms primarily build or repair small- to medium-size boats and vessels with a displacement of under 50 tonnes.

Main Activities

  • Boat repairing
  • Boatbuilding
  • Canoe manufacturing
  • Dinghy manufacturing
  • Inflatable boat manufacturing
  • Jet boat building
  • Motorboat building
  • Powerboat building
  • Sailboat manufacturing
  • Yacht construction

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Marine equipment retailers typically act as intermediaries between boatbuilders and consumers. Greater activity in the downstream retailing industry there...
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Demand from marine equipment retailing
Real household discretionary income
Trade-weighted index
World price of aluminum

Current Performance

Profitability
Sinking imports
Rising exports
Industry participation
 Chart: Revenue Growth

Industry Outlook

Profitability
Ageing population
Industry exports
Industry participation
 Table: Boatbuilding and Repair Services in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Boatbuilding and Repair Services in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Marine Equipment Retailing in Australia
Defence in Australia
Fishing in Australia
Consumers
Water Passenger Transport in Australia


Key Selling Industries

Natural Rubber Product Manufacturing in Australia
Plastic Bottle Manufacturing in Australia
Aluminium Rolling, Drawing and Extruding in Australia
Power Automation Products and Other Electrical Equipment Manufacturing in Australia
Fabricated Wood Manufacturing in Australia


Products & Services

The Boatbuilding and Repair Services industry's products are generally categorised based on their design, size and primary use. Small and medium-size vess...
Commercial and government markets
Export markets
Consumers



Demand Determinants

Industry operators generate most of their revenue from households through luxury and recreational boat purchases. These purchases are typically sensitive ...
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Major Markets

Commercial and government markets
Export markets
Consumers




 Chart: Major Market Segmentation for the Boatbuilding and Repair Services in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The industry displays a low market share concentration. In the current year, the four largest players are estimated to account for less than 40% of total ...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Boatbuilding and Repair Services in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Boatbuilding and Repair Services in Australia - Market Research Report Industry

Industry Globalization

Riviera Australia Pty Ltd is an Australian-owned proprietary company that designs, manufactures and sells fibreglass luxury yachts and powerboats. The fir...
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Riviera Australia

 Table: Riviera Australia - financial performance

Telwater

 Table: Telwater - financial performance

Capital Intensity

The industry has moderate capital intensity. In 2018-19, for every dollar spent as wages, an estimated $0.16 is invested in capital. The industry is fairl...
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 Chart: Level of Capital Intensity for the Boatbuilding and Repair Services in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Boatbuilding and Repair Services in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Boatbuilding and Repair Services industry?

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This report on Boatbuilding and Repair Services in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Boatbuilding and Repair Services in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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