The sold production of sporting goods in the Netherlands has demonstrated significant fluctuations over the past decade. From 2013 to 2015, there was a slight decline in production values. However, a noticeable increase occurred in 2016, which was followed by minor fluctuations until a substantial upturn from 2019 to 2021, peaking in 2023 at 239.44 million Euros. The year-on-year variation showed a remarkable 81.5% increase in 2021, a modest increase of 2.78% in 2022, and an 8.66% jump in 2023. The Compound Annual Growth Rate (CAGR) for the last five years stands at a robust 21.73%, indicating strong market growth.
Forecasts from 2024 to 2028 predict continued growth, with an expected CAGR of 5.15% and an overall growth rate of 28.53%, suggesting a thriving market in the coming years.
Future trends to watch for include:
- Advancements in technology enhancing the production and quality of sporting goods
- Increased consumer interest in health and fitness driving higher demand
- Potential disruptions from economic fluctuations and global events
