The Sporting Equipment, Swimming, and Paddling Pools market in New Zealand exhibited steady growth from 2013 to 2023, with a market size value of 204.67 million USD in 2023. Despite some fluctuations, including a decline in 2015 and 2020, the market generally maintained an upward trajectory, highlighted by significant growth from 2016 onwards. Notably, year-on-year growth in 2022 and 2023 remained positive at 2.57% and 2.45% respectively. Over the past five years, the compound annual growth rate (CAGR) settled at 2.21%, indicating sustained interest and investment in this sector.
Future trends to watch include:
- Increasing consumer demand for health and wellness products, possibly boosting sales further.
- Innovative technology integration in sporting equipment to enhance user experiences.
- Potential market expansion driven by eco-friendly and sustainable product lines.
How does New Zealand rank in Sporting Equipments, Swimming and Paddling Pools Market Size Value?
| # | 32 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 14,751,000,000 | 2023 | +1.07% | +1.2% | View data |
| 2 | 2 China | 6,454,300,000 | 2023 | +3.53% | +3.39% | View data |
| 3 | 3 Canada | 1,624,000,000 | 2023 | -0.057% | -0.18% | View data |
| 4 | 4 France | 1,384,100,000 | 2023 | -0.27% | -0.71% | View data |
| 5 | 5 Germany | 1,298,000,000 | 2023 | +1.4% | +1.46% | View data |
| 17 | 17 Poland | 273,850,000 | 2023 | +2.93% | +2.81% | View data |
| 18 | 18 Norway | 206,850,000 | 2023 | +1.66% | +1.25% | View data |
| 19 | 19 New Zealand | 204,670,000 | 2023 | +2.45% | +2.21% | |
| 20 | 20 Denmark | 173,850,000 | 2023 | +0.36% | +0.025% | View data |
| 21 | 21 Finland | 161,360,000 | 2023 | -0.35% | -0.38% | View data |