As of 2023, the number of employees in the manufacture of sports goods sector in Norway stood at 504. Forecasted data indicates a steady year-on-year growth in employment from 2024 to 2028. Specifically, the number of employees is expected to rise from 511 in 2024 to 529 in 2028. The forecasted annual growth rates are as follows:
- 2025: 1.17% increase- 2026: 0.97% increase- 2027: 0.77% increase- 2028: 0.57% increase
On average, the compound annual growth rate (CAGR) from 2024 to 2028 is approximately 0.78% per year.
Future trends to watch for include technological advancements that may further boost productivity, potential shifts in consumer demand towards specialized sports goods, and the impact of global economic conditions on the sector's employment levels. Tracking these factors will provide valuable insights into the sector's future growth trajectory.