From 2013 to 2023, the gross investment in the manufacture of sports goods in France exhibited significant fluctuations, peaking dramatically in 2019, followed by a sharp decline in 2020. Over the past five years, the industry saw varied growth, achieving a Compound Annual Growth Rate (CAGR) of 3.69%. As we enter 2024, the value stands at 55.5 million euros, with projections indicating continued moderate growth through 2028, reaching 70.0 million euros.
Year-on-year:
- 2022 saw a significant increase of 32.1% from the previous year.
- 2023 followed with a 19.35% growth.
Future trends to watch for:
- Increased consumer interest in health and fitness driving investments.
- Technological advancements in sports goods manufacturing.
- Sustainability efforts influencing investment decisions.