The athletic equipment market in Switzerland has shown steady growth. In 2023, the market was valued at $340.00 million USD. In 2024, the value forecast is $345.33 million USD. This trend continues with forecasts of $350.92 million USD in 2025, $356.41 million USD in 2026, $361.78 million USD in 2027, and $367.05 million USD in 2028.
Observing the year-on-year percentage variations, there has been a consistent growth rate:
- 2024 vs 2023: 1.57%
- 2025 vs 2024: 1.62%
- 2026 vs 2025: 1.56%
- 2027 vs 2026: 1.51%
- 2028 vs 2027: 1.46%
The compound annual growth rate (CAGR) over this five-year period stands at approximately 1.54% per year, indicating a stable upward trend.
Future trends to watch for are the increasing adoption of smart athletic equipment, the rising demand for eco-friendly products, and the impact of technological advancements in materials and design. These trends could further shape and potentially boost the market beyond current forecasts.
