The athletics equipment market size in Germany stood at $2.1991 billion USD in 2023. The market has seen a steady increase over the past decade, with the exception of minor dips. The year-on-year variation for 2023 was 2.41%, indicating sustained growth. The 5-year CAGR leading up to 2023 was 2.65%, demonstrating moderate annual growth.
The future trend forecast from 2024 to 2028 suggests a slower but steady growth, with a 5-year CAGR of 1.66% and an overall growth rate of 8.56% over the period. This indicates continued, albeit slower, growth in the athletics equipment market in Germany.
Future trends to watch for include:
- Increased adoption of smart and connected fitness equipment.
- Growing consumer interest in home fitness and wellness solutions.
- Potential impacts of economic fluctuations and consumer spending habits on the market.