In 2023, Italy led the European sports goods market with a turnover share of 20.03 million euros, closely followed by Austria and Germany. The United Kingdom and Spain marked significant shares as well, with Spain showing the highest year-on-year growth at 9.03%. Romania and Iceland also exhibited strong growth, with respective increases of 11.02% and 18.92%. Conversely, Hungary, Greece, and Lithuania experienced declines, highlighting varied regional performance dynamics.
Future trends to watch include:
- The continued strong performance in Eastern Europe, particularly Romania and Croatia, driven by potential increases in consumer demand and market diversification.
- Market shifts towards sustainable sporting goods may influence country turnover, providing growth opportunities for innovation-driven markets like Germany and Sweden.
Top countries in Sports Goods Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 20.03 | 2023 | +1.57% | +0.94% | View data |
| 2 | 2 Austria | 15.87 | 2023 | +6.51% | +3.89% | View data |
| 3 | 3 Germany | 15.24 | 2023 | +1.84% | +0.46% | View data |
| 4 | 4 France | 12.8 | 2023 | +8.68% | +3.84% | View data |
| 5 | 5 United Kingdom | 9.4 | 2023 | +0.19% | +1.17% | View data |
| 6 | 6 Spain | 5.02 | 2023 | +7.25% | +9.03% | View data |
| 7 | 7 Finland | 2.83 | 2023 | +7.31% | +6.3% | View data |
| 8 | 8 Czech Republic | 2.78 | 2023 | +2.39% | +1.92% | View data |
| 9 | 9 Hungary | 2.1 | 2023 | +2.06% | -1.06% | View data |
| 10 | 10 Poland | 2.08 | 2023 | +3.27% | +4.03% | View data |
