The production value for renting and leasing recreational and sports goods in France is projected to reach 1.43 billion euros in 2024, with a steady upward trend reaching 2.1 billion euros by 2028. Assuming a consistent growth trajectory, the year-over-year increase averages approximately 10% based on available figures. In 2023, the recorded production value was 1.3 billion euros. The Compound Annual Growth Rate (CAGR) over the forecast period of 2024 to 2028 is expected to be robust, reflecting a sustained demand for rental and lease models due to shifting consumer preferences towards service-based offerings.
Future trends to watch for:
- Increased consumer preference for experiences over ownership could further fuel demand in this segment.
- Technological advances in equipment could create new segments within the market, particularly in high-tech sports goods.
- Environmental concerns might drive the adoption of sustainable and eco-friendly goods, impacting production and leasing strategies.
- Incorporating digital platforms for seamless rental and leasing experiences may become crucial for market expansion.
