In 2023, the market size value per capita for sporting equipment, swimming, and paddling pools in Canada stood at 42.78 USD. Forecasts indicate a gradual decline from 2024 to 2028, with a compound annual growth rate (CAGR) of approximately -0.51%. Year-on-year changes show a slight decrease: -0.66% from 2024 to 2025, -0.62% from 2025 to 2026, -0.62% from 2026 to 2027, and -0.62% from 2027 to 2028.
Future trends to watch for:
- Impacts of economic factors and consumer spending on discretionary goods.
- Innovations in sustainable and eco-friendly sporting equipment, which may alter consumer interest.
- The influence of health and fitness trends, potentially driving demand fluctuations.