Rome - 2019 will be another year of growth for the Italian yachting market, according to a survey conducted by the Research Office of UCINA Confindustria Nautica, after an increase in turnover for 2018 which is estimated at +9.5%.
63% of the companies are expecting growth in 2019, based on their current order portfolios. 35% of those interviewed indicated an increase in revenue of up to +5%, 14% indicated between 5% and 10%, and 14% indicated over 10% growth.
28% of respondents expect 2019 to be a year of stability, while only 9% expect a decrease compared to 2018 revenue. Initial calculations for the current year show a 9.5% growth compared to 2017. In particular, the shipbuilding sector has seen an increase of 10.4% and the outfitting sector (accessories and engines) a 7.8% increase.