In 2023, Italy held the highest share of European sold production of sporting goods at 27.15%, followed by Germany (19.39%), and the United Kingdom (13.26%). The sector exhibited significant year-on-year variation, with notable increases for the Netherlands (21.73%), Portugal (11.71%), and Estonia (15.91%), while Austria experienced a considerable decline (-22.73%). Over a five-year period, the compound annual growth rate (CAGR) reflected the dynamic changes within the market.
In 2024, the following trends in the European sold production of sporting goods are expected to emerge:
- Italy and Germany will continue to dominate market share, although emerging markets like Romania and Portugal could see substantial growth.
- Technological advancements and sustainability will play crucial roles in shaping production and consumer behavior.
- The impact of economic factors and evolving sports participation trends will be key areas to monitor for future shifts in market dynamics.
- Strategic market entrants and consolidation activities could alter the competitive landscape within the sector.
Top countries in Sold Production of Sporting Goods Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 27.15 | 2023 | +9.15% | +5.17% | View data |
| 2 | 2 Germany | 19.39 | 2023 | +5.74% | +2.77% | View data |
| 3 | 3 United Kingdom | 13.26 | 2023 | +0.29% | +0.67% | View data |
| 4 | 4 France | 11.91 | 2023 | -0.75% | -0.92% | View data |
| 5 | 5 Netherlands | 7.43 | 2023 | +8.66% | +21.73% | View data |
| 6 | 6 Romania | 5.52 | 2023 | +3.69% | +3.43% | View data |
| 7 | 7 Austria | 4.45 | 2023 | +2.77% | -22.73% | View data |
| 8 | 8 Hungary | 3.52 | 2023 | +2.82% | +1.48% | View data |
| 9 | 9 Finland | 3.49 | 2023 | +1.56% | +1.32% | View data |
| 10 | 10 Czechia | 3.17 | 2023 |
