The sold production of sporting goods in Poland has experienced fluctuations over the past decade, showcasing alternating periods of growth and decline. In recent years, the market has shown a steady growth trend, with the sold production standing at 50.001 million euros in 2023. Over the last two years, the year-on-year variation has been moderate, with a 2.56% increase in 2022 and a 2.44% increase in 2023. The compound annual growth rate (CAGR) over the past five years (2018-2023) has been 0.76%, indicating modest average annual growth.
Looking ahead, the forecast for sold production from 2024 to 2028 suggests an average annual growth rate (CAGR) of 1.71%, resulting in overall growth of 8.84% over the five-year period. This reflects a positive long-term outlook with anticipated incremental increases in production value each year.
Future trends to watch for include the impact of technological advancements in sporting goods, increasing consumer interest in fitness and health, and potential economic factors that could influence consumer spending patterns in the sector. Monitoring these factors will provide valuable insights into potential market shifts and opportunities for growth.
