The water-skis, surf-boards, and watersport equipment market size value per capita in Luxembourg has seen a steady decline from $1.58 in 2013 to $0.7 in 2023. The year-on-year variation for 2022-2023 was a decrease of 7.9%, following a 2.4% drop from 2021-2022. Looking over the last five years, the compound annual growth rate (CAGR) was negative, presenting an average decline of around 6.5% annually.
Future trends to watch for include potential stabilization or reversal as outdoor sports gain popularity post-pandemic, innovation in sustainable water-sports products, and demographic shifts that might influence market uptake in Luxembourg.
