The European sports goods market reveals Italy leading with a turnover of 1.61 billion Euros in 2024, followed closely by Austria and Germany with 1.28 and 1.23 billion Euros, respectively. France and the United Kingdom also posted significant turnovers of 1.03 billion Euros and 0.7557 billion Euros. Spain, Finland, and the Czech Republic exhibit moderate figures with turnovers ranging from 0.4036 to 0.2232 billion Euros. Smaller markets include Hungary, Poland, Romania, Norway, and Bulgaria, while Slovakia, Portugal, Estonia, Greece, Croatia, Serbia, Latvia, Lithuania, and Iceland show relatively minor turnovers. Year-on-year growth highlights Romania (+11.02%) and Serbia (+14.32%) as strong performers for 2023, while Greece (-2.72%) and Hungary (-1.06%) experienced declines.
Future trends to watch include the continued rise in sports goods turnover in emerging markets such as Serbia and Romania, judging by their recent substantial growth rates. Conversely, monitoring Greece and Hungary is vital due to their recent downturns. Additionally, Iceland's extraordinary year-on-year growth of 18.92% suggests a potentially emerging market despite its small size. This varied landscape indicates both opportunities and challenges within Europe's sports goods industry requiring nuanced approaches for market entry and investment strategies.
Top countries in Sports Goods Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,610 | 2023 | +1.57% | +0.94% | View data |
| 2 | 2 Austria | 1,280 | 2023 | +6.51% | +3.89% | View data |
| 3 | 3 Germany | 1,230 | 2023 | +1.84% | +0.46% | View data |
| 4 | 4 France | 1,030 | 2023 | +8.68% | +3.84% | View data |
| 5 | 5 United Kingdom | 755.7 | 2023 | +0.19% | +1.17% | View data |
| 6 | 6 Spain | 403.6 | 2023 | +7.25% | +9.03% | View data |
| 7 | 7 Finland | 227.5 | 2023 | +7.31% | +6.3% | View data |
| 8 | 8 Czech Republic | 223.2 | 2023 | +2.39% | +1.92% | View data |
| 9 | 9 Hungary | 168.8 | 2023 | +2.06% | -1.06% | View data |
| 10 | 10 Poland | 167.2 | 2023 | +3.27% | +4.03% | View data |
