In 2024, France leads the European Deflated Turnover Index of Cultural and Recreational Goods Retail in Specialised Stores, with a value of 12.5 thousand, followed closely by Albania and the Czech Republic. Between 2022 and 2023, countries like Albania and France showed noticeable growth with year-on-year increases of 5.55% and 3.22%, respectively. Conversely, Belgium and Italy experienced declines, with Italy seeing a more significant drop of 1.22%. The Compound Annual Growth Rate (CAGR) over the last five years suggests broadly consistent growth trends with notable exceptions in certain countries.
Looking forward, factors such as evolving consumer preferences, digital transformation, and economic fluctuations will shape the future landscape of the cultural and recreational retail sector in Europe. Increased focus on sustainable and digital product offerings could drive growth across different markets, while economic uncertainties may impact purchasing power and consumer confidence.
Top countries in Deflated Turnover Index of Cultural and Recreational Goods Retail in Specialised Stores by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 125 | 2022 | +6.84% | +3.22% | View data |
| 2 | 2 Albania | 123.3 | 2022 | +7.03% | +5.55% | View data |
| 3 | 3 Czech Republic | 123 | 2022 | -2.3% | +1.11% | View data |
| 4 | 4 Lithuania | 118 | 2022 | View data | ||
| 5 | 5 Germany | 117.3 | 2022 | +6.93% | +2.79% | View data |
| 6 | 6 Sweden | 109 | 2022 | -6.92% | +1.18% | View data |
| 7 | 7 Netherlands | 100.8 | 2022 | +7.23% | +1.09% | View data |
| 8 | 8 Belgium | 99.6 | 2022 | -3.68% | -0.28% | View data |
| 9 | 9 Italy | 98.5 | 2022 | +0.72% | -1.22% | View data |
| 10 | 10 Norway | 95.6 | 2022 | -8.08% | +0.17% | View data |
