The employment in the manufacture of sports goods sector in France has shown a fluctuating trend over the past decade. In 2023, the employment stood at 3.8 thousand FTE. The sector has experienced significant year-on-year variations, with notable increases in certain years such as 2019 (34.39%) and 2017 (20.78%), and marked declines in others, like 2018 (-24.29%) and 2020 (-30.38%). Over the last two years, there was moderate growth with year-on-year variations of 10.38% in 2022 and 6.08% in 2023. The sector maintained a positive 5-year CAGR of 3.2% up to 2023.
Forecasts for the coming years indicate a stabilizing trend. From 2024 onwards, employment is expected to marginally decline, with values slightly decreasing to 3.74 thousand FTE by 2028. The forecasted 5-year CAGR is -0.27%, suggesting a very slight contraction.
Future trends to watch for:
- Impact of technological advancements and automation on employment.
- Evolving consumer preferences and demand for innovative sports goods.
- Regulatory changes affecting manufacturing practices.
- Global economic factors and their influence on the French sports goods market.
