The production value in the manufacture of sports goods sector in France was marked by fluctuations in recent years. After a dip in 2018, production soared in 2019, indicating significant recovery but dramatically fell in 2020, likely due to the pandemic. By 2023, the sector stabilized, reaching 957.2 million Euros, demonstrating a 9.97% year-on-year growth. From a 5-year perspective, the industry saw a CAGR of 5.97% from 2018 to 2023.
Looking to the future, production is forecasted to grow steadily from 2024 to 2028 with a 1.06% CAGR, aiming at a 5.39% growth over the next five years. Key trends to watch include:
• Technological innovations boosting production efficiency.
• Shifts in consumer preferences towards eco-friendly sports goods.
• Potential impacts of global supply chain disruptions.
