The athletics equipment market in Argentina saw fluctuating performance between 2013 and 2023. In 2023, it stood at 267.77 million USD. A significant drop was seen in 2014, followed by gradual recovery and consistent growth. Notably, from 2020 onwards, the market maintained stable year-on-year growth, marked by a 1.42% increase in 2023. The Compound Annual Growth Rate (CAGR) for 2018-2023 averaged 1.18%, indicating moderate growth.
Future trends to watch for include:
• Ongoing steady market expansion with a forecasted 1.01% CAGR through 2028.
• Increasing consumer interest in fitness and health.
• Technological advancements in athletic equipment.
• Economic factors influencing consumer spending behaviors.
