From 2013 to 2023, the sold production of sporting goods in France exhibited considerable variability, starting at 428.11 million Euros in 2013 and fluctuating to 383.64 million Euros in 2023. The period saw significant declines, particularly in 2016 (-12.05%), 2018 (-4.47%), 2020 (-11.27%), and a steep drop in 2021 (-81.94%), followed by a substantial recovery in 2022 (453.69%). The cumulative average growth rate (CAGR) from 2013 to 2023 indicates fluctuations with a negative CAGR of -0.92% in 2023.
Looking ahead from 2024, the forecasted trend shows a consistently declining pattern, with an average annual decrease of -2.58%, projecting the market to reduce from 371.96 million Euros in 2024 to 326.38 million Euros by 2028. This implies a forecasted five-year growth rate of -12.25%.
Future trends to watch for include the impact of evolving consumer preferences for fitness and sports activities, advancements in sports technology, and potential economic factors that may further influence consumer spending on sporting goods. The sustainability trend and eco-friendly products may also reshape market dynamics.
