In 2023, the production value of water-skis, surfboards, sailboards, and other water-sport equipment in France was recorded at a certain figure, and from 2024 onwards, the forecasted values indicate a gradual decline from 16.648 million Euros in 2024 to 16.04 million Euros in 2028. This represents a year-on-year decrease averaging around 0.95% to 1%. The compound annual growth rate (CAGR) over the forecasted period is approximately -0.95%, illustrating a modest annual decrease over these five years.
Future trends to watch for include potential growth drivers such as technological advancements in water-sport equipment design, increased consumer interest in outdoor activities, and the potential impact of environmental policies promoting water-based recreation. It is also crucial to monitor any economic conditions that could influence discretionary spending on leisure activities.
