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Boat Building in New Mexico

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NM33661b

Boat Building in New Mexico industry analysis

The Boat Building industry in New Mexico is expected to decline an annualized -x.x% to $x.x thousand over the five years to 2025, while the national industry will likely grow at x% during the same period. Industry establishments decreased an annualized -x.x% to x locations. Industry employment has decreased an annualized -x.x% to x workers, while industry wages have decreased an annualized -x.x% to $x.x thousand.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x thousand, while the national industry is expected to grow x.x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to decrease an annualized -x.x% to x workers, while industry wages are forecast to decrease -x% to $x,xxx,xxx.x.

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About the Boat Building in New Mexico Market Research Report

What’s Included in the Boat Building in New Mexico Market Research Report

Definition of the Boat Building in New Mexico?

Manufacturers in this industry build boats, defined as watercraft not built in shipyards, intended for personal, commercial and government use. This industry does not include shipbuilding (IBISWorld report 33661a).

What’s included in the Boat Building in New Mexico?

The Boat Building in New Mexico includes motorboat building, rowboat manufacturing, sailboat building, personal watercraft manufacturing, yacht building and dinghy manufacturing. Related terms covered in the Boat Building in New Mexico industry report includes a recreational watercraft that the rider sits or stands on, rather than inside of, such as a boat, a process used to make boat hulls stronger against collision and exposure, mid-sized boats powered by an attached engine located inside the hull, small- to medium-sized boats powered by a self-contained detachable engine and propulsion system attached to the transom, framework that forms the back of a boat vessel and small boats commonly used as lifeboats or to connect larger boats to land.

Industry Performance of the Boat Building industry in New Mexico

Benchmark the Boat Building in New Mexico industry performance with all NM county and national performance.

Boat Building in New Mexico

#49 in Highest Revenue 0% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Boat Building in the US


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 New Mexico

See how key industry drivers, such as population, per capita disposable income, median houshold income, per capita disposable income, households earning more than $100,000 and consumer confidence index are impacting Boat Building in New Mexico

New Mexico Economic Indicators

Population
Per Capita Disposable Income
Median Houshold Income

View more economic information in NM State Economic profile

US Key External Drivers

Per capita disposable income
Households earning more than $100,000
Consumer confidence index

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

County Data of the Boat Building industry in New Mexico

Access proprietary data on county in the Boat Building in New Mexico, such as Bernalillo County, San Juan County and Cibola County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Boat Building industry in New Mexico

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 New Mexico in 2025?

The market size of the Boat Building industry in New Mexico is $964.6k in 2025.

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

There are 1 businesses in the Boat Building industry in New Mexico, which has been declining at an average annual rate of -12.9% from 2020 to 2025.

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

The market size of the Boat Building industry in New Mexico has been declining at an average annual rate of -20.2% from 2020 to 2025.

How many employees in the Boat Building industry in New Mexico in 2025?

There are 8 employees in the Boat Building industry in New Mexico, which has been declining at an average annual rate of -15.9% from 2020 to 2025.