Forecast: Number of Enterprises in Manufacture of Sports Goods Sector in the UK

In 2024, the UK sports goods manufacturing sector is set to rise, with forecasts suggesting the number of enterprises will reach 855, following a growth trajectory each subsequent year, reaching 893 by 2028. The increase from 2024 to 2025 is expected at approximately 1.17%, and similar incremental increases are projected through 2028, with a Compound Annual Growth Rate (CAGR) close to 1.09% over these five years. This marked growth points to a gradual but consistent expansion trend from the 2023 baseline of 847 enterprises.

Future Trends to Watch For:

  • Impact of evolving consumer preferences and sports participation patterns on the demand for sports goods.
  • Potential regulatory developments around sustainability in manufacturing and its implications for this sector.
  • Technological advancements and innovation in sports goods that may drive competition and market dynamics.

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