The market size value for Sporting Equipment, Swimming, and Paddling Pools in China has witnessed significant fluctuations from 2012 to 2022, starting at $2.67 billion in 2012 and reaching $6.23 billion in 2022. The year-on-year growth rates varied, peaking at 27.36% in 2015 and experiencing a decline of -0.99% in 2020. Over the last two years, the market grew by 9.44% in 2021 and 3.74% in 2022. The compound annual growth rate (CAGR) over the past five years was 5.81%, indicating steady growth despite occasional decreases.
Future trends to watch for include increasing consumer interest in health and fitness, government investments in sports infrastructure, and innovations within the sporting equipment sector. Additionally, digital transformation and e-commerce are likely to continue shaping the market dynamic, offering new growth avenues.
How does China rank in Sporting Equipments, Swimming and Paddling Pools Market Size Value?
| # | 32 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 14,751,000,000 | 2023 | +1.07% | +1.2% | View data |
| 2 | 2 China | 6,454,300,000 | 2023 | +3.53% | +3.39% | |
| 3 | 3 Canada | 1,624,000,000 | 2023 | -0.057% | -0.18% | View data |
| 4 | 4 France | 1,384,100,000 | 2023 | -0.27% | -0.71% | View data |
| 5 | 5 Germany | 1,298,000,000 | 2023 | +1.4% | +1.46% | View data |
