From 2013 to 2023, Belgium's Sporting Equipments, Swimming and Paddling Pools market experienced significant fluctuations, with an overall trend towards growth. The market value in 2023 stood at 339.53 million USD. Key observations include a dramatic decline in 2013, followed by a notable recovery starting in 2016. The most substantial annual growth occurred in 2016 at 16.59%. Over the past two years, the year-on-year growth was 1.3% in 2022 and 1.26% in 2023. The compound annual growth rate (CAGR) for the last five years was 0.87%, indicating moderate, consistent growth.
Future trends to watch for include the impact of economic recovery post-pandemic, increased consumer emphasis on health and wellness leading to higher demand for sporting equipment, and potential market expansion driven by technological advancements in product development.
| # | 32 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 14,751,000,000 | 2023 | +1.07% | +1.2% | View data |
| 2 | 2 China | 6,454,300,000 | 2023 | +3.53% | +3.39% | View data |
| 3 | 3 Canada | 1,624,000,000 | 2023 | -0.057% | -0.18% | View data |
| 4 | 4 France | 1,384,100,000 | 2023 | -0.27% | -0.71% | View data |
| 5 | 5 Germany | 1,298,000,000 | 2023 | +1.4% | +1.46% | View data |
| 12 | 12 Netherlands | 442,930,000 | 2023 | +1.8% | +1.76% | View data |
| 13 | 13 Austria | 385,360,000 | 2023 | +1.18% | +0.73% | View data |
| 14 | 14 Belgium | 339,530,000 | 2023 | +1.26% | +0.87% | |
| 15 | 15 Switzerland | 315,720,000 | 2023 | +0.51% | +0.31% | View data |
| 16 | 16 Mexico | 296,130,000 | 2023 | +1.08% | +0.68% | View data |
