From 2013 to 2023, the sports goods turnover in Spain showed a significant upward trend, growing from 209.9 million euros to 403.6 million euros. This represents a year-on-year variation of 7.25% in 2023. Over the last five years, the CAGR was 9.03%, indicating a consistent average annual growth. Notably, the market saw substantial increases in 2017 and 2020, with year-on-year variations of 15.19% and 21.3% respectively. The turnover's dip in 2016 by 2.5% was a brief anomaly in an otherwise consistent growth trend.

Future Trends to Watch:

The forecasted CAGR from 2024 to 2028 is 3.93%, suggesting steady yet moderate growth.
Anticipate a total forecasted growth rate of 21.28% over the next five years, reaching 520.9 million euros by 2028.
Factors influencing future trends include rising fitness awareness, technological advancements in sports goods, and increasing consumer spending on health and wellness.