The sold production of sporting goods in Italy is projected to increase steadily from 907.84 million Euros in 2024 to 1036.3 million Euros in 2028. This forecast demonstrates a consistent upward trend with year-on-year percentage variations showing growth: 2025 sees an increase of 3.6%, 2026 shows 3.4%, 2027 is at 3.3%, and 2028 has 3.1%. The compound annual growth rate (CAGR) over these five years is approximately 3.4%, indicating a robust expansion in the market. Looking back, the value of sold production in 2023 was 877.5 million Euros.
Future trends to watch for include:
- Technological advancements enhancing product offerings.
- Increasing consumer interest in fitness and outdoor activities.
- Economic factors influencing disposable income and spending on sporting goods.
- Potential impact of sustainability and eco-friendly products on consumer preferences.