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Boat Building in Ontario

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS ON33661bCA

Boat Building in Ontario industry analysis

Revenue for the Boat Building industry in Ontario is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely decline at -x.x% during the same period. The number of industry establishments has stagnated an annualized x% to xx locations over the past five years. Industry employment has increased an annualized x.x% to x,xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to xxx locations over the next five years. Industry employment is expected to increase an annualized x.x% to x,xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Boat Building in Ontario Market Research Report

What’s Included in the Boat Building in Ontario Market Research Report

Definition of the Boat Building in Ontario?

This industry comprises enterprises in Canada that build boats, defined as watercraft not built in shipyards and intended for personal or commercial use. Canadian companies also manufacture various boat parts.

What’s included in the Boat Building in Ontario?

The Boat Building in Ontario includes inflatable manufacturing, motorboat building, rowboats manufacturing, sailboat building and yacht building. Related terms covered in the Boat Building in Ontario industry report includes midsize boat powered by an attached engine located inside the hull, small- to medium-sized boat that uses a self-contained detachable engine and propulsion system attached to the transom and recreational watercraft that the rider sits or stands on, rather than inside of.

Industry Performance of the Boat Building industry in Ontario

Benchmark the Boat Building in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Boat Building in Ontario

#2 in Highest Revenue 24.1% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Boat Building in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Boat Building industry in Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, consumer confidence index, leisure time and canadian effective exchange rate index are impacting Boat Building in Ontario

Ontario Economic Indicators

Gross Domestic Product
Private Investment in Non-Residential Construction
BachelorsEd

View more economic information in ON State Economic profile

Canada Key External Drivers

Consumer confidence index
Leisure time
Canadian effective exchange rate index

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Boat Building industry in Ontario

Access proprietary data on Census Metropolitan Area in the Boat Building in Ontario, such as Toronto, London and Ottawa - Gatineau. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Boat Building industry in Ontario

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Boat Building industry in Ontario in 2025?

The market size of the Boat Building industry in Ontario is $129.8m in 2025.

How many businesses are there in the Boat Building industry in Ontario in 2025?

There are 91 businesses in the Boat Building industry in Ontario, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Boat Building industry in Ontario grown or declined over the past 5 years?

The market size of the Boat Building industry in Ontario has been declining at an average annual rate of -3.2% from 2020 to 2025.

How many employees in the Boat Building industry in Ontario in 2025?

There are 1,044 employees in the Boat Building industry in Ontario, which has been growing at an average annual rate of 2.8% from 2020 to 2025.