The sports goods turnover in Germany is projected to steadily increase over the next five years. In 2023, the turnover stood at 1.19 billion euros. Forecasts show a pattern of consistent year-on-year growth from 2024 to 2028, with figures expected to rise from 1.21 billion euros in 2024 to 1.29 billion euros by 2028. This represents a Compound Annual Growth Rate (CAGR) of approximately 1.63%, indicative of a stable yet modest expansion within the market.
Future trends to watch for include shifts in consumer preferences towards sustainable and eco-friendly sports goods, potential impacts of economic conditions on discretionary spending, and the ongoing evolution of e-commerce as a critical sales channel. Additionally, advancements in technology and materials may drive both innovation and demand across various sports categories.
