In 2023, the Gross Value Added (GVA) per employee in the sports goods sector in Germany stood at a certain level, supporting subsequent projections. From 2024 through 2028, a consistent upward trend is forecasted, with annual increases in GVA per employee. Specifically, the year-on-year percentage changes reflect a steady growth trajectory: 6.17% from 2024 to 2025, 5.70% from 2025 to 2026, 5.49% from 2026 to 2027, and 5.11% from 2027 to 2028. This results in a compounded annual growth rate (CAGR) of around 5.4% over this five-year period.
Future trends to watch for:
- The potential impact of technology on productivity in sports goods manufacturing.
- Shifts in consumer demand towards sustainable and environmentally friendly products.
- Economic and regulatory changes in the EU that could influence the cost structure and competitiveness of German manufacturers.
