The number of employees in the Manufacture of Sports Goods sector in Finland has shown variability over the past decade. From 2013 to 2017, the sector experienced a decline, reaching a low in 2015, with a notable uptick starting in 2018. The period from 2018 to 2019 marked a recovery phase, peaking in 2019, followed by fluctuations and minor declines in the subsequent years. As of 2023, the sector had 916 employees, showing a marginal decrease compared to previous years. The most recent YoY variation was -0.22%, with a 5-year CAGR standing at a modest 0.066%.
Looking ahead, forecasts suggest a slight decline in the number of employees, with the 2028 forecast indicating a 5-year CAGR of -0.07% and an overall 5-year growth rate of -0.33%. The sector is expected to maintain relative stability with minor fluctuations.
Future Trends to Watch for:
- Technological advancements and automation in sports goods manufacturing.
- Global economic conditions affecting demand for sports goods.
- Shifts in consumer behavior towards sports and fitness activities.
- Government policies and incentives affecting the manufacturing sector.